The National Association of Realtors announced it reached an agreement to conclude litigation over home seller claims and brokerage fees earlier this month, laying the groundwork for changes in the...
Local City Getting New Apartment Complex
The groundbreaking of a new multifamily development consisting of five three-story buildings in Forney is furthering the trend of broader North Texas growth and Dallas population decline. Legacy...
Revamp on the Way for Chateau Plaza
The 18-story Chateau Plaza building in Uptown Dallas is getting a name change and multimillion-dollar cosmetic retouch. Under the new name 2515 McKinney, the building will have its lobby, boardroom,...
Office Demand in Dallas Tumbles in Q1
Despite several ongoing projects to erect office towers in North Texas, the first quarter of 2023 has shown a decline in leasing activity in the office sector. According to Transwestern, a...
Spike in DFW Properties on CMBS Watch List
The commercial real estate market in the United States is going through some tough times, and Dallas-Fort Worth (DFW) is no exception, with the number of properties suspected of being in financial...
Mortgage Rates Restrict Dallas Home Sales
Rising mortgage rates are taking a toll on home sales in the Dallas area, a recent report showed. Home sales in the Dallas area decreased by almost 14% year over year in February, according to a...
Shaddock Homes Starts 490-Unit Development
Plano-based Shaddock Homes, in partnership with Drees Homes and Coventry Homes, has begun the development of The Homestead, a new 490-home community in Rockwall, Texas. As part of the Dallas-Fort...
Luxury Community and Resort Plans Unveiled
Todd Interests, a prominent commercial property firm based in Dallas, is developing an upscale community and resort on the site of the well-known Fairfield Lake State Park. Located about 88 miles...
Apartment Rents Up 21% in Metroplex
Recent data show that rents in Dallas-Fort Worth are up by 21% since the start of the pandemic. Presently, the median rent for a one-bedroom apartment in the Dallas area stands at $1,201, while a...
$18.5M Mansion in Dallas for Sale
Though not yet finished, an imposing mansion is now available for $18.5 million in Dallas's highly desirable Preston Hollow neighborhood. Located at 10010 Strait Ln., the 2.2-acre estate boasts a...
Falling Mortgage Rates Add Fuel to Housing Recovery
Borrowing costs are decreasing as home sales are rising, which bodes well for a potentially active spring market. Mortgage rates continued to slide this week, adding more fuel to what appears to be...
By Kylah Artz | Apr 3, 2023
North Texas Among Best Places to Live in U.S.
Two North Texas cities are among the top places to live in the country, according to a study by the market research platform Niche. Plano and Richardson were voted two of the 2023 Best Cities to...
New Residential Community Planned
A Dallas-based land developer plans to build a new housing community in North Texas. Corson Cramer Development announced plans to develop a new residential community on more than 40 acres of land...
Dallas Rental Competition Below U.S. Average
The city of Dallas saw increased competition among apartment renters over the last 12 months but failed to make the list of the top 20 most competitive markets due to more robust rental activity on...
Legacy Mixed-Use Community to Break Ground
A Texas-based development group is set to break ground on a European-style mixed-use community in Southlake. Development plans for the 42-acre Carillon Parc are back on track after over a decade....
Commercial Real Estate Lenders Are Worried
Reports this week suggest that real estate lenders are keeping a very close eye on commercial properties in the Dallas area. Their concerns lie in more than 1,100 commercial property loans, backed...
What Does a Realtor Do for You?
As a first-time home buyer or seller, you might be wondering what a realtor does for you. After all, you can search for homes online, advertise your property, and even negotiate with buyers or...
By Kylah Artz | Mar 28, 2023
Multifamily Construction Driving DFW Growth
The North Texas real estate market saw a drop in the number of construction permits issued for single-family housing in 2022 but a spike in the share of permits issued for multifamily housing....
Luxury Mid-Rise Breaks Ground in DFW
A new luxury multifamily rental community broke ground near Frisco Square. Toll Brothers Apartment Living (TBAL), the rental division of Toll Brothers, along with joint venture partner Pondmoon...
Developer Buys 90 Properties in West Dallas
Nebraska-based investor Goldenrod Companies has become one of the largest property owners in West Dallas' redeveloping area. Since its start in 2005, Goldenrod Companies has acquired or developed...
RadioShack CEO Auctions Off Luxury Estate
A luxury estate built for RadioShack’s former chief executive officer is on the market for auction with a starting bid of $2.5 million. Len Roberts, 74, the former CEO of Fort Worth-based...