Dallas Fort Worth Real Estate Blog

DFW Home Values

The housing market in the Dallas-Fort Worth area just hit a record high, topping $510 billion in 2018. Last year alone the area’s home market added another $14.6 billion in value, at least according to newly released Zillow estimates.

Over the past five years, housing values in the area have increased more than 40-percent. Despite a slowing of home appreciation in the second half of the year for North Texas, median single-family home sales prices still rose for much of the year.

Despite this, Dallas-Ft Worth housing market value is still relatively modest when compared to housing markets such as New York/Northern New Jersey, San Francisco, Los Angeles and San Diego.

The real estate marketing and data firm also reports strong and stable home

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Gated Homes DFWGated communities in DFW provide home owners with plenty of privacy and extra security. As a result, gated homes always seem to be in relatively high-demand, especially when the market is hot. If you're planning to buy a home in DFW in 2019 and something in a gated community is high up on your wish list, take a closer look at where you'll find some of the area's most impressive gated properties. 

Vaquero- Westlake, TX

The extremely private Vaquero offers the luxury of a Tom Fazio-designed golf course, clubhouse and some incredible, high-end homes. This guard-gated community enjoys large lots and multi-million dollar estates for the elite buyer.

The Hills of Kingswood- Frisco, TX 

Bordering a wooded greenbelt and Lake Lewisville, The Hills of

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Apartment Construction in DFWWe already know that the apartment market throughout North Texas has been robust over the past few years. But to put things in perspective, apartment builders in the DFW region added a whopping 26,000 rental units in 2018 alone—a total that led the nation in completions by a large margin according to apartment data firm RealPage. 

Despite the huge number of apartment deliveries over the past 12 months, most economists say demand is still quite strong for DFW rentals, which is why another 35,000 more apartment units were already under construction or getting ready to start construction at the end of 2018. Compared to last year’s new construction apartment pipeline, that’s 5,000 more units for those of you keeping track.  

The good news for renters in

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Just a few short months ago, PricewaterhouseCoopers and the Urban Land Institute released a report that summarized what kind of housing market we can expect in 2019, and not surprisingly, Dallas-Fort Worth was labeled the top real estate market to watch in 2019. 

Thanks to a relatively low-cost of living [for now] and strong population growth, DFW took home the top spot on the report, which considered 78 other cities in the U.S.

Right now, DFW’s business economy and housing market are strong, which is a trend that should continue throughout the new year. The cost of business remains low in North Texas, which is driving more businesses and companies to DFW, and ultimately more people. 

According to the report, DFW’s population growth in 2019 is

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Plano TX Homes For SaleHome prices all throughout North Texas have been on the rise and if you're looking for a new Plano home with a a max budget of $500,000, we have a few neighborhood in mind that may just be the perfect place to begin your search.

The Hills at Prestonwood

Part of a golf course community, The Hills at Prestonwood offers some stunning homes and a premiere setting. With many brick homes to choose from, you’ll find such updates as wood flooring, granite kitchen countertops and large open floor plans, all for under $500,000.

Highlands of Russell Park

More options exist within Highlands of Russell Park. The community offers several stunning brick homes of its own, many with at least four-bedrooms, and priced under $500,000.

Rice Field at Plano

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Still not ready to buy but planning a move in 2019? Take a closer look at where to rent a luxury condo in Dallas' red hot Uptown neighborhood in 2019. 

McKinney Plaza 2

For a brand new rental in Dallas, consider the luxury options of McKinney Plaza 2. The condos include access to a sky lounge, 24-hour concierge service and incredible skyline views. As well, the rentals of this high-rise sit just steps from fantastic shopping and dining. 

La Tour Condominiums

With its own trolley stop and an easy walk from area nightlife and restaurants, the La Tour Condominiums present more great options for Dallas renters. The property also includes valet service and a 24-hour concierge.

The Taylor

The Taylor, meanwhile, offers floor plans including

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Forth Worth Real EstateIf you’re discouraged that DFW didn’t win the Amazon H2Q bid, new reports have recently been floated out there that the city of Fort Worth is using their same H2Q offer to attract 60 other potential development projects of varying sizes.

According to the Dallas Morning News, roughly 25% of the companies considering those potential projects already have a presence in DFW and that Fort Worth also offered Amazon an incentive package worth $443.2 million had they chose North Texas for their second headquarters. That package was based on the retail giant investing $750 million and creating another 10,000 jobs for the DFW area.

Although additional details about what could possibly be on the horizon or what companies are looking into a major expansion project in

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Del Webb Active Adult CommunityNational home builder Del Webb is preparing to bring its third active adult community to the DFW area, and according to reports, it’s going to be a big one.

As part of the 2,000 acre Trinity Falls master plan, Del Webb’s newest active adult community will encompass roughly 127 acres and eventually include a whopping 537 homes. 

Future home owners will also enjoy a sprawling, 12-acre amenity area that will only be available to age-restricted single-family residents, and that will include a 10,000 square foot clubhouse, a fitness center, a swimming pool with lap lanes, lounging areas, a jacuzzi hot tub, and pickleball and bocce ball courts. 

Demand for active adult housing is growing, especially in the Dallas area, where plenty of younger baby

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Dallas Area Home PricesNorth Texas home price gains are still slowing, according to the latest Standard & Poor's/CoreLogic Case-Shiller Home Price Index. Per the report, annual home price growth throughout the Dallas area registered just 4.3 percent, whereas nationwide home prices were approximately 5.5 percent higher in September than one year prior.

If you look at the figures, it seems as if sales for both new and existing single-damily homes peaked about a year ago, and the leveling-off could be directly tied to significantly higher mortgage rates.

Right now, the national average for a 30-year fixed rate home loan is right at 4.9 percent, an increase of a full percentage point compared to last November.

Despite the recent market slowdown, it’s still stunning to think that

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Dallas Work Live LoftsA unique and clever development idea is in the works for vacant office space all throughout Downtown Dallas. 

As first reported on Dallas News, Dallas-based Bluelofts is looking to covert vacant office space in buildings all over town into fully-functional live-work spaces with the help of a German manufacturer that’s building modular “boxes” that include a kitchen, bathroom, and all the plumbing. 

According to developers at Bluelofts, the pre-built box system can plug into any building so-to-speak without having to drill through floors. In addition, these plug-and-play boxes can also be broken down into sections, allowing the company to bring them up piece-by-piece inside an elevator. 

With so many office buildings having vacant floors, the

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