Dallas-Ft. Worth, TX Real Estate Blog - September, 2016

DFW Home Price Gains Among Highest in U.S.

Although we might sound like a broken record at this point, the DFW real estate market continues its upward trend of seeing some of the hottest home price gains in the country. In the latest Standard & Poor's/Case-Shiller index, Dallas home prices are reported to have over an 8% increase year-over-year, trailing only Portland, Seattle, and Denver in that category. 

Nationwide, the country’s largest 20 metropolitan cities all have an average home price gain of 5.1% combined, however, Dallas is one of 14 cities to see a higher year-over-year gain than the national average. 

For a better idea of just how active the market has been overall, national home price gains are only 0.6% off the record high, which was set back in July 2006 right before the…

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What $2 Million Buys in Westlake Right Now

The idea that Westlake is a well-to-do community that’s loaded with lavish and expensive homes certainly isn’t new to anybody who already lives in DFW. Countless professional athletes have called Westlake home over the years, The Jonas Brothers once lived in a Westlake mansion, and Forbes has repeatedly mentioned the Westlake community as being one of America’s Most Affluent Neighborhoods on numerous occasions.  

Most recently, luxury real estate firm Engel & Völkers named Westlake the 9th most expensive suburb in the U.S., which in some ways, actually seems a bit further down the list than what many would expect.

In any case, Westlake truly is home to some of the most spectacular single-family home estates you’ll find anywhere in the country, and if you…

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Westlake Now Ranked the 9th Most Expensive Suburb in the U.S.

With so many new jobs making their way to DFW and the housing inventory still rather limited all over North Texas, you’ve probably noticed home prices have continued to rise throughout much of 2016. 

Like in most major markets, some communities provide a better value to potential home buyers, while others can just be downright expensive. In the case of Westlake, a small suburban community situated just north of Fort Worth, home prices tend to fall into that expensive category, and maybe now more than ever. 

According to research done by real estate firm Engel & Völkers, Westlake ranks as the 9th most expensive suburb int he U.S., as median home sales there have now reached $2 million. 

Financial services giant Charles Schwab Corp is expanding…

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Fiji Townhomes Offer Affordable New Construction Option in Dallas

Townhouses continue to be a popular option among home buyers in the Dallas area right now, especially as home prices continue to soar. Along with the convenience of being maintenance-free, townhouses in Dallas can also be an affordable alternative to a single-family home without sacrificing a whole lot of living space in the process. 

If you’re someone who’s looking to make a move to Dallas, or even perhaps even a young or first-time home buyer who’s looking for affordable new construction, the fabulous Fiji Townhomes on Dallas’ south side might just be the perfect fit. 

A new residential development that offers spacious townhouses with a contemporary design, Fiji Townhomes are specifically designed to meet the needs and wants to today’s home…

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Galleries at Park Lane: DFW's Hottest New Loft-Style Apartment Development

The DFW area has seen a substantial influx of apartment developments brought to market in recent months but few are as inviting and as dynamic as what you’ll find over at Galleries at Park Lane. Conveniently located at 8110 Park Lane just north of Dallas’ red hot M Streets neighborhood, Galleries at Park Lane provides everything you could want in a new place to live, which no doubt includes a fabulous location.  

Easy access to Highway 75 provides a quick and direct route to downtown Dallas, while the shopping, dining, and entertainment scattered all around this exciting new complex leaves residents with plenty of things to do nearby as well. 

Galleries at Park Lane stands just 8 stories high, but includes 165 individual units that all have a…

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What $200,000 Buys in Fort Worth Right Now

Just last week, we highlighted Fort Worth’s affordability and how it can really be a great place to begin a home search for entry level and first-time home buyers. In case you missed it, a recent market snapshot from HomeInsight shows the median home price in Fort Worth right now is just over $115,00, which makes it one of the more affordable locations in the entire DFW metro area.  

Because of Fort Worth’s wide-range of housing options, which range from condos and townhouse to single-family homes of all shapes and sizes, the numbers can certainly be a bit misleading compared to other suburban communities that are comprised mostly of largest detaches units; but even still, when you combine Fort Worth’s close proximity to downtown Dallas, its easy…

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