Dallas-Ft. Worth, TX Real Estate Blog - October, 2019

Dallas-Ft. Worth, TX Ranked 4th Most Popular Urban Migration Relocation Destination

DFW ranks 4th most popular metro to metro migration destination by CommercialCafe, a nationwide commercial real estate listings platform apart of Yardi Systems.  Using U.S. Census bureau data, CommercialCafe was able to determine the top 10 most popular destinations for metro to metro migration which accounts for many of the population shifts. 

Among the many reasons why people gravitate to DFW include natural resources, construction, low taxes and career opportunities.  The Employment sector in DFW is on fire with many Fortune 500 companies setting up shop and establishing new corporate headquarters including American Airlines, ExxonMobil, AT&T and Toyota just to name a few.

With this data, a few key takeaways were determined:

• Dallas-Fort…

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SoCo Urban Lofts at 1122 Jackson in Dallas Offer Coolest & Most Affordable Loft-Conversions

Dubbed the SoCo Urban Lofts, SoCo being short for “South of Commerce”, if you’re looking to combine affordability with an authentic industrial look and feel, there’s no better place to begin your search than right here at 1122 Jackson Street in the heart of Downtown Dallas across from the Federal Building. 

SOCO URBAN LOFT AMENITIES:

SoCo urban lofts in Dallas feature authentic urban loft amenities including exposed ductwork, concrete flooring, brick walls, rail interior doors and open loft floorplans.  Have a pet, no problem!  Soco Urban Lofts at 1122 Jackson in Dallas are pet friendly welcoming dogs and cats!

SOCO LOFT HISTORY IN DALLAS:

Originally built back in the early 1920s and once a former warehouse and Santa Fe Railroad terminal, many…

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Inside Apartments at Times Square at Craig Ranch in Frisco

Although the rental market in Frisco is loaded with luxury single-family homes, it’s also a location that should be intriguing for anyone looking for a great apartment. 

Situated about an hour north of downtown Dallas, Frisco is perfect for those wanting more of a laid-back suburban setting, but still would like to be close enough to enjoy all the benefits, amenities, and attractions a city like Dallas has to offer. 

One desirable apartment option you’ll find in Frisco is Times Square at Craig Ranch, a relatively new complex that offers a variety of floor plans, affordable rates, and plenty of amenities for residents to enjoy. 

Inside Times Square at Craig Ranch 

Apartments at Times Square at Craig Ranch have stainless steel appliances, faux…

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REPORTS: Luxury Home Sales Slowing Throughout North Texas

Luxury home sales have been on the rise for several years in North Texas but new data is suggesting that trend may be coming to an end. 

In 2018, area real estate agents sold a record 1,743 million-dollar properties. This year, 1,382 million-dollar homes have sold through the first nine months, which essentially equals no change compared to last year. 

Furthermore, inventory for ultra-luxury homes is up roughly 5% right now, further pointing to a bit of a slowdown for this particulate segment of the market. 

Over the last few years, sales for million-dollar properties have seen double-digit percentage increases. But earlier this month, more than a dozen DFW-area mansions were listed on the market for an asking price north of $10 million. 

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Eastline Luxury Apartment Tower Construction Begins

The apartment construction boom in Dallas seems to still be in full effect as construction just recently got underway on a massive new transit-oriented development near SMU. 

Being called Eastline, Chicago-based developer Convexity Properties is behind the new 12-acres mixed-use project, which will combine two existing structures with a fancy new 28-story tower. 

When finished, Eastline will have retail space, office space, a hotel, and luxury high-rise apartments, which will offer superb views of downtown Dallas. 

The existing buildings, which will house a revamped hotel and revamped office space, have already had extensive work done, and as of November 1st, the hotel will be rebranded as the Beeman Hotel. 

As for the apartment portion of the…

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Solo Lofts in Dallas Offer Urban Living in Dallas Oak Lawn District

Urban-style lofts are in high demand, especially among young and first time home buyers who value walkability and a close proximity to shops, restaurants, bars, and other community amenities. In DFW, the Solo Lofts are among the coolest urban living spaces you’ll find anywhere in North Texas, which is probably why it’s not all that often you see a unit listed on the market. 

The Location

Located at 4231 Rawlins, the vibe surrounding Solo Lofts townhomes is surprisingly quiet and calm, even though you’ll be conveniently situated just a block off Lemmon Avenue, which has more shopping and dining than you can possibly imagine. You’ll also be close to the Dallas North Tollway and Interstate 354, which makes getting to and from downtown Dallas quick and…

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September 2019 Dallas-Ft. Worth, TX Real Estate Market Update

Check out the latest housing statistics for September on the Dallas-Ft. Worth, TX real estate market.  Housing stats include September 2019 updates for Dallas, Collin, Denton, Rockwall and Tarrant County.  View September 2019 changes in DFW home and condo sales including new listings, active listings, average days on market, average home prices, dollar per square foot averages and total number of sales.

Dallas County, TX September 2019 Home & Condo Stats

Collin County, TX September 2019 Home & Condo Stats

Denton County, TX September 2019 Home & Condo Stats

Tarrant County, TX September 2019 Home & Condo Stats

For more information on the DFW Real Estate Home & Condo Market, please visit Dallas-Ft. Worth Home Sales Stats…

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Spike in Home Sales Leads to Drop in Inventory Nationwide; Home Prices Also on the Rise

A recent increase in home sales has led to inventory being at its lowest level in six years across the U.S.

According to newly released figures, the number of homes on the market dropped more than 6% in September, halting several consecutive months of rising inventory.

In Dallas-Fort Worth, however, inventory has ticked up slightly compared to this same time last year, and rising home prices, which are up more than 4% year-over-year, could be a contributing factor.

But at the same time, national home prices are also up 4.8% compared September 2018, demonstrating the spike hasn’t impacted sales across the country.

It is worth noting that the rise in DFW inventory is minimal at best. Analysts say the DFW area collectively recorded just a 0.4%…

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M3 Ranch in Mansfield is Starting Construction Soon

Affordable new construction homes aren’t always easy to find in North Texas but developers are set to break ground on a massive new community in Mansfield that will feature newly built single-family residences that start in the mid $300,000s. 

Called M3 Ranch, the development will encompass roughly 900 acres and be positioned near Highway 287 on Heritage Parkway. 

Along with 1,600 homes, M3 Ranch is also slated to include several neighborhood parks, an amenity center, and a number of commercial developments within the master plan as well. 

M3 Ranch is being developed by the McCaslin Family in collaboration with Hanover Property Co. 

Interested in affordable new construction? Search all new construction homes for sale priced $375,000 and…

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Everything You Need to Know About Mondrian Cityplace Apartments in Dallas

Wouldn't it be great to live in a place where it felt like vacation everyday?  Upscale amenities, splendid views, and a city that always has something going on—it all sounds pretty nice, right? 

Well, Mondrian Cityplace in Dallas certainly offers this kind of a living experience, not to mention a great value in what’s been a red hot rental market all throughout DFW over the past 12 to 24 months. 

If you’re still unfamiliar with Mondrian Cityplace, let’s start from the beginning…

Where is Mondrian Cityplace Located? 

The complex is situated at 3000 Blackburn, just off Highway 75 near the trendy Uptown and Oak Lawn neighborhoods. In terms of being close to shopping, dining, nightlife, and major highways, there’s really no better option out there…

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