DFW Homes Selling Above Ask Price With Bidding Wars Fueling Hot Seller Market
Posted by Kenneth G. Cox on
The DFW home seller market is on fire right now with over 98% of homes in North Texas selling above listing price. Low inventory has ignited bidding wars on homes for sale in the Dallas-Fort Worth, TX real estate market resulting in a hot seller market in DFW with rising home values and elevated price points for new home buyers. A shortage of available homes for sale in the DFW housing market combined with low interest rates and rising home values has created a unique opportunity for both buyers and sellers to jump off the fence and make the move! Home sellers are particularly in an optimal position to sell and upgrade due to low days on market and the ability to maximize profit on their initial home investment and use those gains to purchase in…
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Developer PegasusAblon, currently developing The Galleria Muse mixed-use apartments in Far North Dallas, is working on two new high-rise apartment towers in Oak Lawn. Ablon plans to build the new Oak Lawn high-rise apartments behind the central nightclub and restaurant strip at Cedar Springs and Throckmorton Street. The new high-rise apartments in Oak Lawn will be designed by GDA Architects and are expected to begin construction in 2022.
Taylor Morrison Homes is offering another luxury lakeside community on Lewisville Lake with 230 homes planned at South Oak in Denton County. South Oak new homes on Lewisville Lake will feature one and two story floor plans with 2-6 bedroom and 2-5 bath homes built on 50' and 60' home sites.
A new 21-unit development is coming to North Dallas in Preston Hollow at City Homes. This new North Dallas mixed-use community in Preston Hollow Village will also include offices, retail and apartments. In addition to luxury condos in North Dallas, new home buyers can also find high-end pre-owned houses for sale in earlier phases located at the West end of the devlopment.
If you're searching for a new luxury townhome in Arlington, TX, be sure and check out the new development around Pecan Street at Thomas, WS Heirs Addition. These luxury contemporary townhomes in Arlington offer 3 bedroom 2.5 bath floor plans and are located within minutes to restaurants, shops and entertainment including UTA, Texas Rangers Globe Life and Dallas Cowboys AT&T Stadium. Unlike many other condo and townhome developments located in Arlington, these modern townhomes feature private backyards, master balconies and no HOA fees!
Allen, TX continues to lead the way in North Texas urban development with new mixed-use projects that offer new housing, office and retail options. One of the newest projects in the works is The Farm in Allen, TX which plans to attract new employers and residents on the 135-acre development site located off S.H. 121 and Alma between the Dallas North Tollway and U.S. Highway 75. With more than 1 million square feet reserved for office space, The Farm will undoubtedly attract new employers seeking affordable office space in the DFW area.
The City of Carrollton has been aggressively pursuing new urban mixed-use residential and commercial development and recently approved a new 125,000 square foot, six story Class A office structure to serve at the marquee building within the new Trinity Mills Station urban development. Trinity Mills Station in Carrollton, TX will serve as the future transit center district and is expected to further transform Carrollton, TX from a traditional suburban community into a vibrant economic hub with new housing, shopping, dining, recreation and business opportunities.
DFW Realty is currently hiring Realtors in Pottsboro, Gordonville and surrounding areas in Dallas, Collin, Denton and Grayson County to work home buyer and rental leads. Position will also include helping buyers purchase Waterfront homes for sale on Lake Texoma and surrounding areas. If you are a Lake Texoma Realtor or a real estate agent in Gordonville, Pottsboro or surrounding area that needs leads, join us today and receive leads tomorrow! We offer a competitive commission split with no fees! Our agents receive 80/20 commission split on all personal leads with Broker leads provided at a 50/50 commission split. We also promise there are no hidden monthly office/desk fees you often find at other real estate companies like Keller Williams and other…
With the recent Covid-19 outbreak, generating leads has been especially challenging for agents and brokers alike. Working in the fast-paced DFW real estate industry alone can be challenging, but also rewarding. Like most industries, however, a successful career in real estate ultimately starts with the right company, the right people, the right tools and LEADS! 
If you're looking for an English inspired luxury gated community townhome in Lewisville TX, you've got to check out The Manors at Forestbrook! These luxury townhomes in Lewisville, TX offered by North America Land Company feature 111 townhomes with three and four bedroom floorplans ranging from 2,026-2,763 sq. ft and starting from the $300's.