Dallas Fort Worth Real Estate Blog

New Construction Allen TXA major new mixed-use project appears to be in the works for downtown Allen. According to a new report from the Dallas News, developers are looking to build a 12-acre, four-block project on the east side of Highway 75 at Main Street. 

If approved, the development, now being called Allen City Center, would include an office building, 850 urban-style apartment residences, a small park, and even some retail space as well.

The tallest sections of the project are planned to rise 5 stories high, which would include the office building that will face Highway 75.

Allen City Center is being designed by Dallas-based JHP and will be built in several phases, if approved. 

Right now, the building site is mostly vacant land or occupied by older homes. 

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DFW New Home Construction StartsNew home construction slowed during the first quarter of 2019 as North Texas home builders started just 8,439 new homes. According to data from Residential Strategies Inc, that represents a 4.4 percent decline compared to a year ago, and also the second quarter in a row in which homes starts in the DFW area have dropped. 

Despite low mortgage rates and strong demand and buyer traffic, sales definitely tailed off towards the end of last year, which could be a product of economic uncertainty, the government shutdown, and the 2018 stock market ups and downs late last year. 

As noted by the research and consulting firm, builders are now more focused on unloading existing inventory rather than starting new homes, and in some cases have offered some

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Dallas New Homes For SaleNew construction homes and condos are in high demand right now in Dallas, which means many available options can get quite pricey. But if you're looking for something relatively affordable that's also newly built, we have a few communities in mind that might be the perfect place to begin your home search. 

University Place

Filled with single-family homes and townhomes, University Place presents affordable new construction for Dallas buyers. With dozens of different floor plans to choose from, it’s possible to find a spacious townhome or a larger home with options starting under $400,000.

Swiss Avenue Crossing

A similar price point affords new homes in Swiss Avenue Crossing. Homes in this development start at around 1,900 square feet of living

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Fort Worth NeighborhoodsFort Worth features a broad mix of neighborhood that all have something unique to offer home buyers. Whether walkability is high up on your wish list or you prefer more of a quiet residential vibe, there's truly something for everyone. And if you're also looking for a great deal or an even better value when buying a Fort Worth home this spring, we know just where you need to start your search. 

University Place

With a range of price points to choose from, University Place also offers the ease of sitting close to everything you need in the region. The move-in ready homes of this neighborhood present some great options for the spring.

Arlington Heights

Another great neighborhood to continue your search is Arlington Heights. This charming

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Addison Condos & TownhomesAmong young and first time home buyers, demand for condos and townhomes throughout the DFW area has been strong. And if you're planning to make the transition from renting to owning somewhere in or around Addison, we have a pretty good idea where you should begin your search heading into the spring market of 2019. 

Meridian Square

For a mid-rise condo building that’s just a short walk from restaurants and shops, consider Meridian Square. The newer construction property currently has your choice of two- or three-bedroom condos on the market.

La Mirada

More options exist in La Mirada. This more established property also includes access to community tennis courts and a swimming pool. A large one-bedroom unit here commands more than 1,200 square

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Dallas ApartmentsDallas-based Billingsley Co. is looking to replace two old warehouses situated just just of Galleria Dallas with new apartment residences, according to a recent report from the Dallas News. 

The project site, located at 4730 Simonton, encompasses roughly 8 acres and is currently surrounding by industrial development. However, Billingsley Co. is also looking to demolish another warehouse property just a few blocks away and develop and additional five-story apartment complex. 

Combined, both projects would be a major step forward in totally changing the area landscape. 

For now, the first project planned is a four-story, 412-unit apartment community that will have a rooftop deck and two interior courtyards. 

Approval from Farmers Branch’s

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Deep Ellum Real EstateDallas isn’t short on desirable neighborhoods that all have something unique to offer home buyers. Not surprisingly, some locations have more of a laid-back residential vibe that features tree-lined streets and stately single-family homes, while others offer more of an urban living experience that’s walkable, vibrant, and full of energy. 

Deep Ellum, for the most part, tends to lean towards the latter of the two, but it’s also a neighborhood that’s quickly becoming one of the hottest destinations in all of Dallas for home buyers to consider. But just what makes Deep Ellum so attractive? Well, here’s a closer look at 3 key reasons that are among a fast-growing list….

The Arts

Along with hosting an art festival that’s been around since 1994, you’ll

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Downtown Dallas Apartment TowerA new high-rise development slated for downtown Dallas will include a number of affordable units according to recent reports—something many new projects throughout DFW have been lacking. 

Being developed by Matthews Southwest, the new apartment tower will soon break ground at 2400 Bryan Street, and when finished, will stand 15 stories high and have around 230 apartment residences. And of those 230 units, over 100 will be reserved for below-market rents. 

But just what does that means exactly? Well, according to affordable housing regulations, residents will need to be earning between 30 and 60 percent of the area’s median household income to qualify for the affordable units. 

Also included in the project scope is a parking garage and right around

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DFW New Construction HomesThe Dallas-Fort Worth area was once again the top home building market in the U.S. last year, making it the third year in a row DFW saw the most home starts.

According to a new report from Metrostudy Inc., home builders began construction on roughly 34,750 homes in North Texas in 2018, edging out Houston’s total of 30,146 home starts and Central Florida’s 28,074 home starts.

Also noted in the report is that the median price for new homes throughout DFW actually dropped last year, indicating that buyers are opting for smaller, more affordable homes.  

New homes priced below $350,000 are what new construction buyers want most right now, especially as mortgage rates continue to increase. In 2018, new home starts in the DFW region were up by more than 4%,

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DFW Luxury Condo InventoryIf you're looking for options during your Dallas condo search, here are four buildings close to downtown that all have pretty strong inventory heading into the busy spring market. 

3525 Turtle Creek Boulevard

For mid-century modern style in Dallas, be sure to check out 3525 Turtle Creek. The building offers a heated pool and fitness center, plus street level retail. Heading into spring, the property serves up your choice of a luxurious penthouse unit, an elegant double-unit or a more traditional condo home.

The Mayfair

Several two-bedroom units are currently available at The Mayfair. This property enjoys views of downtown and Lee Park, with delightful additions including access to a fitness center, swimming pool and a Rooftop Sky Club. 

The

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