February, 2019 RSS Icon
Found 3 entries for February, 2019.

Deep Ellum Real EstateDallas isn’t short on desirable neighborhoods that all have something unique to offer home buyers. Not surprisingly, some locations have more of a laid-back residential vibe that features tree-lined streets and stately single-family homes, while others offer more of an urban living experience that’s walkable, vibrant, and full of energy. 

Deep Ellum, for the most part, tends to lean towards the latter of the two, but it’s also a neighborhood that’s quickly becoming one of the hottest destinations in all of Dallas for home buyers to consider. But just what makes Deep Ellum so attractive? Well, here’s a closer look at 3 key reasons that are among a fast-growing list….

The Arts

Along with hosting an art festival that’s been around since 1994, you’ll

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Downtown Dallas Apartment TowerA new high-rise development slated for downtown Dallas will include a number of affordable units according to recent reports—something many new projects throughout DFW have been lacking. 

Being developed by Matthews Southwest, the new apartment tower will soon break ground at 2400 Bryan Street, and when finished, will stand 15 stories high and have around 230 apartment residences. And of those 230 units, over 100 will be reserved for below-market rents. 

But just what does that means exactly? Well, according to affordable housing regulations, residents will need to be earning between 30 and 60 percent of the area’s median household income to qualify for the affordable units. 

Also included in the project scope is a parking garage and right around

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DFW New Construction HomesThe Dallas-Fort Worth area was once again the top home building market in the U.S. last year, making it the third year in a row DFW saw the most home starts.

According to a new report from Metrostudy Inc., home builders began construction on roughly 34,750 homes in North Texas in 2018, edging out Houston’s total of 30,146 home starts and Central Florida’s 28,074 home starts.

Also noted in the report is that the median price for new homes throughout DFW actually dropped last year, indicating that buyers are opting for smaller, more affordable homes.  

New homes priced below $350,000 are what new construction buyers want most right now, especially as mortgage rates continue to increase. In 2018, new home starts in the DFW region were up by more than 4%,

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