December, 2015 RSS Icon
Found 8 entries for December, 2015.

Reasons to Buy a DFW Home in 2016

The DFW area is growing at a historic rate so many people moving to the region have no other choice but to buy a home here in 2016. But for those who already call North Texas home and are considering a move or perhaps purchasing a home for the very first time, here’s a few reasons why 2016 might just be your year:

Think of All The Tax Breaks!

Tax laws in the U.S. aren’t all bad and if you decide to purchase a home, remember that unless your home loan is over $1 million, you’re able to deduct all monthly interest that you’re paying on the loan. And depending on the home you buy, there might be some other deductions you take off as well, especially when if it includes some modern, eco-friendly features.

Rent Prices Are Through the Roof

Rentals

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DFW Real Estate in 2015

It seems the recession that started all the way back in 2009 is well behind us at this point and there’s no greater way to support that claim than to take a look back at what’s happened in DFW in 2015. Right around five or six years ago, real estate projects were being put on hold or even scrapped altogether, jobs were still being lost, and home values were at or near rock bottom. But as we approach the end of one of the best years the North Texas real estate market has ever seen, here’s a quick look back at a few key points that made this year so robust:

By the time 2015 comes to a close, nearly 9 million square feet of commercial office space will be under construction in the North Texas region, or about 40% more than what we saw at the close of 2007.

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It’s no secret that both the DFW housing market and the economy in general has been robust throughout 2015. Steady job gains and sudden population increases have directly resulted in positive growth for just about every segment of the Dallas-Fort Worth real estate market over the past 12 months, but as we rapidly approach the end of 2015, could we possibly see a slowdown in 2016?

According to some economists, lower oil prices and job cuts in the energy industry will almost certainly result in a decline in market conditions, with next year perhaps seeing just a 2 to 3 percent growth as opposed to the 3 to 6 percent we’ve been seeing in recent months and years.

Although much of the North Texas region is much less dependent on the energy industry than many

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Victorian Style Homes For Sale in DFW

Victorian style homes are some of the most distinct and recognizable you’ll find anywhere on the DFW real estate market. The term “Victorian” mostly refers to a style of home that originally started back in the 1830s and continued to be built through 1910, or basically all the way through the entire reign of Queen Victoria.

Perhaps the first thing you’ll notice about Victorian style homes are the ornate and elaborate details and characteristics that actually borrow a number of different elements from a variety of other architectural styles like Gothic, French, Italian, and Tudor-style designs. But even despite their variances, most Victorian style homes still share plenty of key common features, including the following:

  • Most Victorian homes are
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Modera Turtle Creek Apartments For Rent

Construction for the much-anticipated apartment building coming to the southwest corner of Cedar Springs Road and Welborn Street is officially underway, according to reports. Being called Modera Turtle Creek, this unique new project is specifically designed to cater to the large influx of creative professionals that seem to be flocking to this vibrant and dynamic part of the Dallas, which continues to get more and more popular by the day seemingly.

Adding to the appeal is the building’s strong walkability element, which is now becoming a top priority for most urban dwellers looking for a new place to live in the city. About a block off Turtle Creek Boulevard, residents at Modera Turtle Creek will be just steps from all kinds of shopping, dining, and

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The Terrace Condos For Sale, Dallas TX

Cool city views are a big hit among urban home buyers and few condo buildings provide a better combination of a great location with even better downtown views than The Terrace. Located in the heart of Dallas’ Victory Park neighborhood, residents at The Terrace are literally just steps from some of the city’s best shopping, dining, and cultural attractions, but that may not be the best part about living here.

A relatively newer condo development that’s actually somewhat affordable for the area, living spaces inside The Terrace are spacious and functional, and to top it off, each unit also comes equipped with a private balcony as well.

Worried about not having any lifestyle amenities? Don’t be.

The Terrace also offers residents and condo owners a rooftop

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DFW Home Prices

An interesting report surfaced in the Dallas Morning News today, which suggested we may see slow down in price jumps in the local real estate market. With inventory down and job growth increasing in the DFW region, home prices in the area were up nearly 10% in 2015 from the previous year, making it the largest annual increase of any market in the country according to CoreLogic Inc.

But if you believe a recently released forecast from realtor.com, 2016 could see home price increases significantly slow, with some predictions showing that single-family homes might only see a 2% increase next year.

The thinking behind the slowdown is pretty logical and largely relates to an increase in housing supply, as well as a softening in job growth as well. As noted

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