Dallas, Texas Housing Outlook for 2020: Cooling, but Still Climbing

Highlights from this report: Dallas housing market forecasts for 2020 predict continued price growth Home prices are expected to continue rising for the foreseeable future. But the Dallas real estate market has cooled over the past two years. Properties listed for sale are taking longer to sell, these days. Dallas Housing Forecast for 2020 Mostly…

LA buyers top the list of out-of-towners shopping for Dallas-area homes

Online home shoppers from Houston, New York and Chicago are also looking at Big D digs. If you’re trying to sell a house in Dallas, chances are someone in Los Angeles is looking at it. The largest number of out-of-town internet page views of Dallas-area homes are coming from Los Angeles property shoppers, according to…

Chick-fil-A and Starbucks Distributor to Move California Headquarters to Texas

Subsidiary Plans to Centralize Corporate Services A distributor to move its corporate headquarters to Texas from California to centralize its operations. The organization is a distributor to major restaurant chains such as Chick-fil-A, Chipotle and Starbucks. Quality Custom Distribution is a part of Golden State Foods, and a global supplier to the quick-service restaurant and retail…

D-FW tops Texas in third-quarter home sales, with $275,501 median price

Austin area has the highest prices in the state. Dallas-Fort Worth led the state in home sales during the third quarter. More than 29,000 D-FW-area homes sold in the period — almost a quarter of total Texas sales, according to a new report by the Texas Realtors Association. Statewide, home sales rose 3.5% from third…

Historic former Mrs Baird’s bakery in East Dallas set for redo

Built in 1928, the two-story, 44,000-square-foot building was designed by noted Dallas architect George Dahl. Developers are buying a landmark East Dallas industrial building and plan to convert it into residential units. Built in 1928, the two-story, 44,000-square-foot building is at Bryan Street and Carroll Avenue. The building, which was used as a bakery for…

Rockwall, Denton counties led in August home sales gains

Ellis and Tarrant counties had the largest gains in median home sales prices. Rockwall and Denton counties were the big winners in the August home market. The two counties had the biggest jump in home sales in the D-FW area. Rockwall home sales were almost 17% higher than in August 2018. And in Denton County…

Still building: Housing shortage will be with us for years to come

The U.S. is short more than 2 million homes as building activity still lags. Nationwide home mortgage rates are near record lows. Employment rates are near record highs. And demand for housing is strong in most U.S. metro areas. You’d think homebuilding would be booming. But you’d be wrong. Single-family home construction across the country and…