Dallas is home to a lot of potential homebuyers, but many of them aren’t stashing away much money for a down payment, a new survey shows. According to the survey conducted by rental marketplace Zumper, 46 percent of Dallas renters who said they planned to purchase a home hadn’t saved at least $1,000 for a down payment. The…
Tag: real estate news
Frisco hoping that planned 2,800-acre development will add much-needed residential options
A 2,800-acre ranch in Frisco that is owned by the estate of deceased businessman Bert Fields could soon become a new development. Dallas-based Woodbine Development Corp. said Tuesday that it is in the early stages of developing a master plan for long-term use. But there is no definitive direction for the site at this time, said…
How to Make a Difference in Your Homeowner Association
Homeowner associations were created to provide a governing body for residential developments to make decisions regarding upkeep, appearance and finances. These agencies are usually composed of residents of the community. Periodic meetings are held to ensure that members of the communities are informed of issues related to them. You can make sure you have an…
Financial Friday – September 29th, 2017
WEEKLY UPDATE Weekly Review This past week the stock market ended “mixed” with the Dow Jones Industrial Average and S&P 500 indexes recording marginal gains while the NASDAQ Composite Index slipped modestly lower. Investors were wary of continued rhetorical threats between President Trump and North Korean dictator Kim Jong-un who boasted North Korea would test…
North Dallas suburb feels the love for its family-friendliness
For the third year in a row, Plano has nabbed itself a spot among the top 5 most family-friendly cities in America. WalletHub’s annual list regularly includes the Dallas suburb, and this year it climbed up one to land at No. 3. To compile this list, the personal finance website compared 41 key metrics — everything from housing…
Dallas and Fort Worth rank among top U.S. markets for housing recovery
As a testament to the region’s healthy economy, both the Dallas and Fort Worth housing markets have fully recovered — and then some — from the price declines they sustained during the Great Recession. A new index from mortgage website HSH.com shows Dallas-Plano-Irving ranks third among the 100 biggest U.S. metro areas for the level of home price recovery…
Are builders getting ahead of the market for Dallas high-rise living?
Most of the construction cranes in Dallas’ downtown and Uptown districts aren’t for office towers or hotels. It’s high-rise residential buildings that are remaking the skyline, with thousands of new units either on the way or just completed. Dallas-Fort Worth leads the country in apartment construction. And never have there been so many high-rise rental units in…
Mckinney Picks Dallas Developer to Launch Industrial Building Project
The City of McKinney in North Texas has selected a Dallas commercial real estate firm to build a new industrial park. Hunt Southwest was picked from a field of four developers vying for the chance to build in the University Business Park near U.S. Highway 380 in McKinney. The McKinney Economic Development Corp. asked developers for proposals…