Dallas-Ft. Worth, TX Real Estate Blog

Dallas-Fort Worth Homes Selling at Above List Price

If you’re in the market for a new home in Dallas-Fort Worth, you may want to prepare to pay more. For much of the year already, homes in the area have sold, on average, about two-percent higher than asking price.

In Dallas-Fort Worth, nearly 54-percent of homes sold above list price during the first nine months of 2021. It’s happening despite the fact home prices are also up. In the Dallas area, home prices are up about 25-percent year-over-year.

Dallas isn’t alone. The metro is just one of more than two-dozen of the nation’s largest metro areas seeing homes sell for more than the asking price. Homes are seeing the largest bump over list price in the California cities of San Jose and San Francisco, where about 75-percent of homes are selling over…

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Housing Prices Cooling in Texas After Pandemic Run-Up

Housing prices in Texas are starting to cool again after a run-up likely tied to the pandemic. Even so, prices could continue to keep climbing in the near future.

From late 2020 through much of 2021, the median house price soared in some of the state’s largest cities. Austin led the pack with prices up more than $97,000 between September 2020 and September 2021.

Just a few months ago, the median house price in Austin was $448,000, which was up from around $350,000 a year earlier. It was much the same in the Dallas/Fort Worth market, which saw a $51,000 boost in median home prices.

The median house price went up about $39,000 in both Houston and San Antonio between September 2020 and September 2021. For most of these cities, median home prices hit…

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What Makes Frisco’s Real Estate Market So Hot?

The real estate market in Frisco is red hot right now, thanks in part to a supply shortage and a lot of competition. While the housing market is described as very strong across all of North Texas right now, Frisco appears to be outperforming the rest. 

Currently, Frisco is a hotter market than neighboring Dallas, Plano, Allen and McKinney. Some of that’s credited to a supply shortage in Frisco’s residential market. 

That’s true in terms of homes for sale, rent and lease. Along with a fewer number of existing residential units, the city is also seeing a low number of available lots for building new homes. 

Some say the current market is the strongest leasing market they’ve ever seen, as there aren’t even enough homes coming on the market to cover…

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Where to Buy Luxury New Construction in Frisco, TX Right Now

Planning to be in the market for a new Frisco home? Take a closer look at where you'll find some of Frisco's priciest and most impressive homes and condos....

The Corvalla Private Residences

The Corvalla presents luxury, single-story residences in Frisco’s coveted Stonebriar neighborhood. The new construction condos range from around 1,700 to 3,000 square feet of living space. Residents also enjoy a parking garage, a resident’s clubhouse, private outdoor terraces and a location that’s within walking distance of Stonebriar Country Club. 

Newman Village

Newman Village is a gated community of luxury homes close to shopping, dining and entertainment offerings. While construction first began in the late 2000s, it’s still possible to find lots and…

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Affordable New Construction Communities in Fort Worth

Home prices in DFW have been on the rise, especially when it comes to new construction, but these Fort Worth area new home communities are all worth a look and won’t break the bank at the same time. 

Sunshine Hill

If affordable new construction is what you’re searching for, you’ll find it in Sunshine Hill. Some of the new construction possibilities in this part of Fort Worth come with three-bedrooms, two-baths and around 1,500 square feet of living space. Priced in the mid $200,000s, it’s a good option for those working within a budget, but also seeking a new construction build. 

Sycamore Landing

Priced from the mid to high $200,000s, Sycamore Landing is another good option for affordable homes in Fort Worth. This new community offers several…

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Top New Construction Townhouse Communities in Tarrant County

The new construction townhouse market has been red hot in DFW in 2021 but these amazing developments in Tarrant County still have active inventory available....

Iron Horse Commons

A low-maintenance lifestyle is just part of the appeal of the new Iron Horse Commons townhouse community. The development also offers access to a private park, nearby biking and hiking trails and the convenience of a nearby TEXRail station for commuters.

Abram Estates

Abram Estates features a collection of new construction townhomes close to everything in Arlington. Buyers can expect to find three-story floor plans with a two-car garage and full laundry on the first floor, a main living space on the second floor and a third story with a large owner’s suite. The…

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Home Prices in North Texas Could Be On The Rise Again in 2022

Buyers in North Texas could be looking at another boost in home prices next year. Already, early estimates suggest prices could again be going up.

According to Porch.com, a moving and renovation website, the Dallas-Fort Worth area could see a 21-percent boost. It bases its estimates on real estate projections from Redfin, Zillow, and from information obtained by the US Census Bureau.

That puts Dallas-Fort Worth in ninth place among large US housing markets Previously, the one-year change in home price for the area, according to Porch.com, was about 14-percent.

Just a couple of months ago, the median home price in Dallas-Fort Worth was around $297,000. Some real estate professionals, however, say buyers are already starting to feel the pinch.

…

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Where to Buy a Luxury Home in Colleyville Right Now

If you're looking for a new luxury home in DFW, the Colleyville market is red hot right with plenty of options and opportunities to consider.

Oak Alley Estates

The new community of Oak Valley Estates is a fantastic option for luxury homes in Colleyville. The neighborhood features oversized lots and custom designs from a select group of builders. The gated community will also offer such amenities as walking trails, a large park and a stocked fishing lake.  

Legacy North

Another upscale option is Legacy North. This gated community sits right across from The Legacy, with just 25 lots available and custom build possibilities. The half-acre homesites are just part of the appeal of this new, luxury community in Colleyville. 

Oak Crest

Oak…

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New Pre-Fab Community Coming to Northern Collin County

A new community of pre-fab homes is headed to northern Collin County. Megatel Group plans to construct 700 prefabricated homes in Weston.

The Dallas-based builder is using the location to help launch Golden Gate Communities, its manufactured home park product line. As for the new homes in Weston, they’ll range from around 550 square feet of living space to 2,400 square feet of space. 

The community, itself, will feature a resort-style swimming pool, a fitness center and a café. Residents will be able to enjoy such outdoor recreation as volleyball, bocce ball and pickleball. 

The property will also have a playground and some acreage dedicated to things like a farmers’ market. The developer sees it as a way to provide affordable and modern housing…

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Apartment Rentals Hit Record High in Dallas-Fort Worth; Finally Time To Buy?

Apartment rentals just hit a record high for the Dallas-Fort Worth area. For the second quarter of the year, net apartment rentals in North Texas more than doubled the rental pace of apartments a year ago.

Landlords leased more than 15,000 units during the quarter, with high demand, in part, coming from out of state markets. As demand increased, so did local rent prices.

Dallas-Fort Worth apartment rent rates increased about seven-percent, year-over-year. That’s the largest yearly increase on record and higher than the 6.3-percent rise in rents nationwide.

In North Texas, apartments rented for an average of more than $1,200 at the end of June. Apartment occupancy rate in Dallas-Fort Worth topped 95-percent.

That’s up more than one-percent from…

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