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

Rising Home Prices Are Making DFW a Much Less Affordable Market

Outside of continued job and economic growth, one of the primary reasons why the DFW real estate market has remained hot over the past couple years no doubt relates to affordability. But after years of constant gains in home values and home prices, North Texas has officially fallen out of realtor.com's “metros to watch” list in 2017.  

Believe it or not, home prices around the Dallas-Fort Worth Metro Area have spiked by a jaw dropping 43.3% in the past five years alone, and prices are still going up. Although the jump in home prices has been a welcoming trend for home sellers in DFW, the buyers’ market has become especially competitive, especially within the last 12 months. 

As of now, the Dallas market is ranked No. 48 out of the top 100 metros…

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Case-Schiller Index Tabs DFW with the Highest Price Gains in the U.S.

According to the latest Standard & Poor’s/Case-Schiller Home Price Index, DFW home prices saw some of the largest increases in the entire country last month, which to some degree, is hardly a surprise to those of us already familiar with how red hot the local housing market has been throughout 2016.  

As noted in the report, seven of the 20 major markets the Case Schiller-Index tracks are seeing record highs for home prices, which no doubt includes the DFW area. The exact price increase from September 2015 to September of this year was recorded at 8%, while home prices nationwide are only seeing a 5.5% from this time last year. 

Believe it or not, the most recent pricing numbers now have Dallas-area home prices up by over 30% from the pre-recession…

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First Homes at the New Gateway Parks Community Nearing Completion

As the DFW housing inventory continues to dwindle and home prices just keep rising, developers are reportedly within just a few months of delivering the first set of homes in the new Gateway Parks community in small yet desirable community of Forney, Texas.  

For suburban home buyers specifically looking in the Forney or Kaufman County area, the new homes are certainly a welcoming addition to the community, especially given the starting price point is only around the mid-$200,000s. 

Gateway Parks will be a 2,000-acred mixed use development that’s located just south of U.S. Highway 80 and part of the $1 billion Gateway development that’s completely redefining this once-sleepy DFW suburb. 

Home builders at Gateway Parks include David Weekly…

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New Listing Presents Affordable New Construction in Forney, TX

With new construction inventory down, many home buyers in DFW are turning to homes that are two or three years old, which for the most part, still maintain a fresh look and feel on both the inside and out. But with housing demand at an all-time high, even finding great deals on recently built homes can be a struggle for most DFW home buyers. 

If you’re finding yourself in a similar position, we invite you to check out our newest listing at 2107 Danibelle down in the quiet suburb of Forney. Not only was this quaint single-family home just recently built in 2015, but it also checks off the affordability box on your wish-list, priced at just $224,000. 

Inside, 2107 Danibelle features a variety of updates, finishes, and features, just some of which…

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New Modena Apartment Development Offering 1 Month Free For a Limited Time

There’s been a lot of new development sweeping the DFW region over the past couple years, especially when it comes to luxury apartments. Recently, Modena, one of DFW’s newest luxury mid-rise apartment buildings to hit the market, was just introduced and it’s a fabulous new building that offers future residents a wide-variety of floor plans, plenty of upscale interior finishes, and a location that will put you right in the heart of Dallas’ very desirable Vickery Meadows neighborhood. 

Living spaces at Modena range from functional studio layouts to spacious two-bedrooms, providing something for just about anybody looking for a new Dallas apartment to call home. Every unit inside Modena features premium kitchen appliances, full-size in-unit laundry,…

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Modena Apartments Now Renting - CALL TODAY TO SCHEDULE A SHOWING

Modena is easily one of the hottest new apartment developments to hit the Dallas rental market. Located in the highly desirable Vickery Meadows neighborhood, Modena provides residents with easy access to Presbyterian Hospital, the Walnut Hill Dart Station, The Hill Shopping Center, and countless other nearby amenities and attractions. But that’s really only the beginning of what this amazing new building truly has to offer anyone looking for new opportunities on the rental side of Dallas’ red hot real estate market.  

As for what to expect inside Modena apartments for rent, floor plans range from studios to two-bedrooms, with each unit featuring everything from premium stainless steel appliances and granite countertops to upscale bathroom surrounds…

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East Plano Also Named a Top 3 Neighborhood in All of DFW

Although the results are subjective and everybody has individual preferences and opinions regarding what some of DFW’s coolest neighborhoods are, it’s still always fun to take a close look at the Dallas Morning News’ annual ‘Best Neighbohorhood’ rankings, which were just recently announced.

Just a few short days ago we highlighted West Plano for once again taking home the top spot in 2016, and if that wasn’t enough, East Plano has claimed the title of being Dallas-Fort Worth’s 3rd best neighborhood, trailing only the Colin County city of Allen, and of course it’s counterpart across town, West Plano.

Unlike Plano’s revitalized downtown and all the luxury homes found over in West Plano, East Plano has more of a quaint and charming ambiance to it, full of…

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Phase 1 of Fort Worth's Walsh Master-Planned Community Well Underway

The massive 15,000-home master planned community being developed by Republic Property Group is well under way, as updated reports are now surfacing about the progress being made over at Fort Worth’s most ambitious residential project in recent memory. 

David Weekley Homes, Drees Custom Homes, Highland Homes, and Village Homes will all have a presence in the new master plan, which is being called Walsh as a way to pay homage to the historic homestead in which it’s being built on. 

In all, Walsh will include a whopping 580 home sites in the first phase alone, while the entire community will occupy a massive 7,200 acres that are situated right near where I-20 and I-30 merge on Fort Worth’s rapidly expanding west side. 

Developers of Walsh tout…

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Limited Opportunities Left at Highly Desirable Emerald Point in Dallas

In the crazy world that is Dallas real estate right now, it’s easy to overlook new projects and developments coming through the pipeline, which is exactly why we wanted to highlight PSW Homes’ newest community—Emerald Point. 

Situated just steps from White Rock Lake, Emerald Point only features 30 single-family homes and townhouses, so opportunities to become a part of this extraordinary new development won’t last long in today’s red hot marketplace. 

The chic contemporary design of homes in Emerald Point couldn’t be more appealing to today’s active buyers, and the open living spaces, energy efficient features, and overall functionality of each home really puts this new community over the top. 

Look for single-family homes at Emerald Point to…

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Dallas Morning News Ranks West Plano at the #1 Neighborhood in North Texas in 2016

Every year, the Dallas Morning News ranks the best neighborhoods in all of North Texas, and for the second straight year, a familiar name topped the list. Recognized for its high-ranking schools, short commute times, top-notch community amenities, and even its pet-friendliness, West Plano is once again a champion when it comes to top places to live in the DFW area, or at least according to the fine folks over at the Dallas Morning News. 

If you haven’t noticed, development is absolutely crazy right now in West Plano, and that’s been going on even well before the highly publicized new Toyota headquarters officially made the announcement to also make its way to the area, which is no doubt continuing to encourage a whole lot more new construction,…

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