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…
Category: real estate news
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…
Hottest ‘Hoods in North Texas: ZIP codes where homes sold the fastest
VIEW SLIDESHOW 31 photos There are a variety of ways to calculate how hot a residential real estate market is. You can look at how much money homes are selling for. You can compare how much prices have risen over a certain period of time. You can look at how many homes have sold in a…
North Texan Buying First Home Scammed Out Of $45K After Bogus Email She Thought Was From Title Company
For many, nothing is as exciting or nerve-wracking as closing on a first house. But The Ones For Justice found emails that looks legitimate could cost homebuyers everything, including their their new home. Crooks are swooping in to steal homebuyers’ closing costs and down payments. Gracie Veronica was set to close on a home in…
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…