Dallas-Ft. Worth, TX Real Estate Blog

New Home Starts in DFW at Highest Level Since the Great Recession

New data revealed North Texas home builders started the most homes homes in a single quarter since all the way back in 2007, which is great news considering low supply continues to drive home prices up all over DFW. 

Representing the highest level of new home starts since the fourth quarter of 2007, area home builders have also started more than 30,500 homes throughout the region over the last 12 months ending in March, which is now labeled as the highest level of new construction activity since the Great Recession. 

Compared to the first quarter of last year, home starts jumped 16% and builders have also sold more new construction homes during the first quarter of this year, registering 7,519 new home sales so far—a rate that’s also up 15% from…

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DFW Home Prices Spike 11 Percent in March

Thanks to a continued growth in job growth and population gains, DFW home prices continued to rise again in March, which is becoming an all-too-familiar trend for the local housing market.  

According to recently updated data from Zillow, DFW was among the the three cities that saw the largest increases in home prices last month, following Seattle, which saw an 11.6% spike, and Tampa, which saw an 11.4% price hike. 

Home prices in the Dallas-Fort Worth metro area increase by 11% back in March. 

The substantial increase in median home prices in all three cities was nearly double the national average, which was recorded at 6.8%, which is a pretty high number as it is. 

While rent prices around DFW are also at historic highs, the good news…

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Get the Latest Dallas Apartment Stats From March 2017

As more jobs and more Fortune 500 companies move to Dallas, bundles of young professionals are also making their way to North Texas, which is one of many reasons why the DFW apartment market continues to remain red hot in 2017. 

Back in 2015, Forbes listed Dallas as the 15th Best Place for Business and Careers, and this past December NerdWallet also named Irving, Texas—a thriving suburb of Dallas—one of the best cities in the entire country for job seekers in 2017. 

But now that the Dallas and surrounding North Texas area has been established as a destination spot, just what exactly is the cost of living here? Well, according to recent analysis from Zumper, the median rent price for a studio apartment in Dallas was $1,155 per month back in…

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First Move-Ins Finally Happening at the Luxurious New One Uptown

One Uptown has gotten a lot of press since it was first announced, and for good reason. Described by some as a “skyline changer,” few high-rises in the DFW area are as high-profile as the 20-story, $85 million building known simply as One Uptown.  

While construction for the new luxury tower took close to two year, first move-ins are finally underway according to recent reports, which couldn’t come at a better time. DFW’s rental market has been scorching hot for a better part of a year now, and as job growth increases and more people are moving to the area, supply continues to dwindle.  

As of early February, over 20% of One Uptown’s 198 luxury apartments have already been leased, and that number has likely gone up significantly as the busy spring…

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Explore Serene Living at Hard Rock Townhouses For Sale

While townhouses for sale at Verona at Lake Carolyn are among the nicest attached living spaces you’ll find in the entire Irving/Lake Colinas area, a fabulous new community dubbed Serene Living at Hard Rock isn’t far behind. 

Being developed by Serene Global, townhouse residences at Serene Living at Hard Rock offer future residents a quiet, cozy setting that’s convenient and provides easy access to Downtown Dallas, most of DFW’s major highways, and even the DFW airport, which is a bonus for anyone who frequently travels. 

The style and design of townhouses at Serene Living at Hard Rock is best described as clean, bright, and contemporary with units boasting a chic cream colored exterior with sleek gray and stone accents.  

Four separate floor…

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An Inside Look at Townhouses at Verona at Lake Carolyn

Townhouses at the fabulous new Verona at Lake Carolyn in many ways sell themselves. Featuring a charming brick exterior with a traditional look and feel and interior finishes that continue to blow away anyone and everyone who’s already walked through an available unit, these newly built residences truly have it all.  

To provide further perspective into how desirable Verona at Lake Carolyn is to potential home buyers, the first 12 buildings have already sold out entirely, which means limited opportunities will still be available once the final two buildings are competed later this fall. 

When fully built out, the new Verona at Lake Carolyn townhouse community will feature 89 luxury residences with every floor plan offering 3 stories of living space,…

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New Construction Opportunities in Dallas' Red Hot Bishop Arts District

If you had to pick one neighborhood in Dallas that’s undergoing more changes than any other location in town, it might be hard to pick against the Bishop Arts district. While Uptown Dallas has certainly seen it’s fair share of development in recent years, it’s a community that has already been well-established to this point in terms livability, walkability, and desirability.  

The Bishop Arts neighborhood, on the other, is an eclectic community that’s just starting to become a red hot location to live or work, especially as more and more development makes its way to the area. A number of local home builders and developers are already investing in the Bishop Arts community, and if you take a look at what’s coming through the pipeline, there’s certainly…

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What Kind of Townhouse Can You Buy For $300,000 in DFW Right Now?

As the DFW real estate market continues to heat up and break records, finding and securing a great place to live is not only becoming more and more difficult, but also a bit more expensive than what local home buyers are used to as well.  

For that reason, townhouses are in very high demand right now, and along with being a more affordable option compared to most detached single-family homes, townhouse living is also easy, convenient, and practical for today’s always-on-the-go lifestyle. 

As you probably already know, most townhouse developments are maintenance-free, but along with that, you’ll also find that many newly built town homes in DFW live much like a single-family homes. 

Private garage parking, multiple levels of living space, and…

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Construction [Finally] Begins on Flower Mound's Lakeside Tower

While the beautiful new Lakeside Tower project in Flower Mound was initially unveiled back in 2015, it appears construction for the fabulous new 16-story tower is finally ready to begin.  

According to reports, Yates Construction has officially broken ground for the spectacular new high-rise condos in Flower Mound overlooking Grapevine Lake, which will add 48 new residences to a DFW-area market in desperate need of new inventory.  

For anybody needing a refresher, the tower itself will feature an elegant Mediterranean-style exterior, as will four 3,000 square foot bungalow homes that will also be built right next door.  

When finished, condo owners at Lakeside Tower at Lake Grapevine will also have full access to a fabulous mix of lifestyle…

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Development For Row on Elsbeth Begins in Oak Cliff/Bishop Arts Neighborhood

A small 16-unit row house project is in the works for an Oak Cliff location, not far from the new Bishop Arts Gateway rental development that’s also being built in the area.  

According to developer Lakespur Development LP, construction has already started and first units should be delivered later this year if all goes according to plan. 

Dubbed Row on Elsbeth, each row house here will stand three stories high and feature a classic and highly attractive brick exterior design. Along with plenty of living space, each unit at Row on Elsbeth will also include a private rooftop deck, which will feature awesome views of the city and surrounding neighborhood. 

Lakespur is also in the process of developing a much larger townhouse community over in…

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