October, 2016 RSS Icon
Found 7 entries for October, 2016.

With DFW’s population growing at a lightning fast pace and new development on the rise all throughout North Texas, keeping track of all the new construction projects used to feel like a daunting task—until now that is.

Earlier this year, the Dallas Business Journal, a publication that’s part of American City Business Journals, which is the largest publisher of metropolitan business newsweeklies in the entire county, launched what they’re calling the Crane Watch.

Essentially, the Crane Watch is a comprehensive, interactive map that pinpoints new construction projects happening all over DFW. Users can zoom in and out of the map to get a better idea of each development’s location, and you can also click on each project to get more details about the

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DFW Real Estate Market

According to recent stats from MetroStudy, Inc., The DFW Metroplex led the U.S. in home starts for a 12 month period starting from the middle of last year to the middle of this year, and despite the 20% increase in home starts during that timeframe, demand for housing all throughout North Texas continues to be as strong as ever. 

While job and population growth continue to fuel the need for more homes in Dallas, home prices for just about every residential category in the region continue to go up as we make our way through the rest of 2016. Homes with as few as two-bedrooms are reaching as high as a half a million dollars in many parts of central Dallas, and in another decade, finding anything with between two and three bedrooms for under that half

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North Texas Home Sales

For much of 2016, we’ve talked extensively about how red hot the North Texas real estate market has been, especially when it comes to apartment rentals and new construction around Dallas’ Uptown neighborhood and other surrounding communities. But to really understand how active the housing market around DFW has been this year, consider this—recently released statistics show that the North Texas region as a whole is on pace to sell more the 100,000 existing houses in 2016, which would be the highest number our market has ever seen.  

But as we inch closer to the end of the year, certain segments of the DFW real estate market are actually starting to cool off a bit, specifically in the upper tier and luxury categories. In fact, according to reports,

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One Uptown Dallas

With so much new development happening around Dallas’ Uptown neighborhood in recent years, it’s quickly becoming the place in town to see and be seen. Towering luxury apartment buildings now define the real estate landscape around Uptown, and the neighborhood’s growing list of shopping, dining, and entertainment destinations make it one of the hottest places in all of Dallas to live, work, and play.

One new development specifically is looking to capture the essence of Uptown all within the confines of its own walls, offering not only some of the most upscale living spaces you’ll find in all of Dallas, but also two separate five-star restaurants that will no doubt take Uptown’s dining scene to a whole new level.

Called One Uptown, this curved-glass tower

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Along with DFW’s population, job growth, home prices, and home sales, development all around North Texas has also been on the rise in recent months, leaving some projects to slip through the cracks during what’s been one of the hottest markets we’ve seen in recent memory.  

Although the list of attractive and desirable new construction options reaches far beyond just a few projects, one new development that recently caught our eye is over on Ross Avenue in Dallas’ Lower Greenville neighborhood

A modern, chic, and eco-friendly townhouse development, 5910 Ross Avenue brings a whole lot to the table, including plenty of living space for just about anybody looking for a new place to live in the city. Each unit features three separate levels, and

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If you think 2016 has been a great year for the DFW real estate market, the National Association of Realtors, as well as the Mortgage Bankers Association, Fannie Mae, and Freddie Mac, are all predicting that home sales nationwide will continue to heat up in 2017. 

The NAR specifically is projecting existing home sales will reach 6 million next year, which is sightly higher than 2016’s forecast of 5.8 million homes. Both the Mortgage Bankers Association and Fannie Mae and Freddie Mac also have similar projections, with the MDA predicting 5.75 million home sales and Fannie and Freddie forecasting 6.2 million home sales. 

According to industry experts behind the projections, a significant amount of Generation Y home buyers who have already delayed

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Development around Dallas’ Arts District has been active and fairly consistent over the last couple years, but according to reports, its largest project could still be on the way. As first reported by the Dallas Morning News earlier today, developers have officially filed permits to develop a sprawling 40-story residential tower, which if approved, would be one of the tallest buildings to be built in downtown Dallas in recent memory. 

The impressive and ambitious new project is being proposed by Orlando-based ZOM Holdings, although the company also has offices in Fort Lauderdale, Virginia, and right here in Dallas. Its location at Flora and Olive streets sits just a block away from the Dallas Museum of Art, Klyde Warren Park, and countless other

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