May, 2016 RSS Icon
Found 9 entries for May, 2016.

New Development in DallasWith the Dallas area benefiting from a stronger economy than what the rest of the nation is experiencing, new construction is a segment of the market that continues to be booming all throughout North Texas, even though it’s still not keeping up with demand. Nationwide, new construction in 2015 hit its highest annual level since 2008, and here in Dallas, activity seems to be showing few signs of slowing down.

Perhaps what’s most interesting about Dallas new construction is that two-thirds of all new development over the past 12+ months has been residential, which primarily consists of detached single-family residences believe it or not. For DFW specifically, it’s an encouraging trend some industry experts feel can be directly related to more people finally

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Dallas’ new University Crossing neighborhood has established itself as one of the more vibrant places to live over on the city’s northeast side, now consisting of over 200 businesses and organizations that range from retail stores and restaurants to chic boutique shops and art galleries.

Still a relatively new community that’s anchored by Southern Methodist University, the vision for University Crossing when it was first proposed was to uniquely mix retail, office, education, and residential space to create one of the more dynamic districts you’ll find anywhere in the DFW area.

Today, with University Crossing now somewhat established but still gaining momentum among home buyers, significant progress has been made to accomplish just that, which is just

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DFW Mid-Century Modern Homes For SaleCharacterized by sharp edges, straight lines, large windows, and lots of open space, mid-century modern homes are once again red hot all over the country, but especially here in the DFW area. Mostly built between 1945 and the early 1980s, there’s no doubt mid-century modern homes feature a distinct and recognizable appearance, but just what else besides aesthetics continue to attract both home buyers, home builders, and designers to this timeless architectural model?

In a time when younger home buyers value efficiency, space, and style, it’s only fitting that mid-century modern design is once again being appreciated all throughout the marketplace. While some home builders are even starting to incorporate little mid-century modern touches here and there

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Modera Hall Street Rentals - Dallas Arts District

Anymore, a new apartment project seems to either be proposed or approved almost every other week here in the DFW area, making it hard to even keep track of what’s coming and what’s going. Unlike some of the cookie-cutter apartment communities under construction, though, Mill Creek’s newest community on the east side of Dallas can definitely be classified as an eye-catcher on both the inside and out.

According to reports, construction for The Modera Hall Street apartments is finally under way, giving the Dallas Arts District yet another trendy new development that is helping reshape this rapidly evolving part of the city.

Located at Hall Street and Munger Avenue, just a block off Ross Avenue, the new $42 million project features a chic modern design that

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Canals at Grand Park ApartmentsWith leasing finally under way at the massive new Canals at Grand Park apartment community in Frisco, TX, Dallas-based developer StreetLights has officially broken ground on the already-planned second phase of the 152-acre development.

Construction for Canals at Grand Park initially began back in 2014 and with the rental market all over North Texas red hot right now, demand for new construction apartments seems to be stronger than ever. In all, 365 apartment residences were added during phase one of Canals at Grand Park, while the second phase will bring an additional 325 units to market that will all be housed inside a fabulous four-story building called the Maxwell.

Apartments for rent at the Maxwell at Canals at Grand Park will range in size from 502

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5300 Glencoe Park Dallas

With so much new construction news popping up all over the DFW metro area, you might’ve missed that 5300 Glencoe Park is now officially pre-selling! Being developed by Austin-based home builder PSW Real Estate, 5300 Glencoe Park will be conveniently situated at the corner of Ellsworth Avenue and Anita Street, directly across the street from the 14-acre Glencoe Park.

Once finished, the first phase of the new PSW community will feature 68 single-family homes that will consist of three different floor plans, with future phases perhaps offering additional variety. Living spaces in phase one will range from 2,000 to 3,000 square feet, providing eventual residents with between three and four bedrooms and two and three bathrooms.

For home buyers unfamiliar

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Dallas Spanish Revival Homes

In a market like Dallas, which although sits in the northern part of Texas is still located in the southwestern part of the United States, Spanish style homes are not only prevalent, but also quite popular as well.

Sometimes referred to as Spanish Revival, Spanish-style architecture, as it relates to single-family homes, started to gain momentum in the early 1900s and continued an upward trend all the way though the the mid 1940s. Distinct for elements like stucco exterior, clay-tile roofs, exposed beams, and wrought-iron accents, these and other unique characteristics certainly help make Spanish-style homes stand out, helping give each residence a little charm and character during a time when traditional cookie-cutter homes started to blow up all over

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Dallas Home Values

According to the most recent U.S. Sustainable Home Price Report from Fitch Ratings, homes in the DFW area are 10 to 15% overvalued after the local market has seen such rapid price growth over the last few years.

Even despite home prices nationally jumping 4.2% in 2015 and most regions seeing viable increases in home prices, the rate at which prices in the Dallas area specially has surpassed market fundamentals, at least in the eyes of New York-based Fitch Ratings.

As noted in the report, the entire North Texas region has enjoyed a very healthy economy in recent years, leading to increased job and population growth, which is one of primary driving factors behind why local home prices have soared. In addition, a lower-than-normal inventory has also

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DFW Apartments

It seems like for that for every other week over the past couple years, a new apartment development somewhere in DFW is either being proposed or all the way through the approval process and finally getting underway. And although that might be an exaggeration to some degree, it’s now at least somewhat official that the crazy amount of apartment development isn’t just in our imagination.

According to reports, more apartments are being developed in the Dallas-Fort Worth area than any other market in the U.S. In the first quarter of 2016, a jaw-dropping total of 43,185 apartment units were under construction in DFW—a number that’s well more than double the number of units under construction in markets like Seattle, Denver, Chicago, Washington D.C. and

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