Open Houses

Dallas: Around 300 apartments will be built on a 4.7 acre tract across the street from Farmers Market on Cesar Chavez Blvd. near Taylor Street And in North Richland Hills, Sandlin Homes will build 200 homes on a 58 acre tract on Iron Horse Blvd. and Liberty Way.

Dallas: March dollar volume for north Texas NTREIS was $1.7 billion, the highest March in history, reports First American. Year to date reports include:  Park Cities: 140 sales – up 6%, average price up 30%: Uptown: 247 sales – up 5%,  avg. price up 1%: North Dallas: 168 sales – up 2%, avg price up 18%: East Dallas: 461 sales – down 11%, avg. price up 22%.

Dallas: Median home prices in the Park Cities are up 30% over last year, according to NTREIS data. A mid-priced home in either Highland Park or University Park will cost $1.1 million. Average price per square foot is up 14$% to $352. In first quarter, 194 homes over $1 million have been sold in North Texas, up 33% from 2013.

4646 Chapel Hill Road was featured on candysdirt.com!

http://candysdirt.com/2014/04/14/monday-morning-millionaire-5/

Doris Jacobs is Allie Beth Allman & Associates’ 2013 #1 Top Individual Producer, an honor she has held 10 TIMES since the firm’s conception in 2003.

Thank you to our fabulous clients for your continued support throughout the years and in 2014!

Dallas: Construction will begin this month on Lincoln Knox, a $39 million 6 story residential tower with 165 units, to be built at 4501 Cole Avenue, just south of Knox Street. The tower will include a Trader Joe’s specialty store and other comparable retail. In Preston Center east, the 8235 Douglas office tower has been sold for around $37 million to Transwestern, who plan to remodel the 13 story, 162,000 square foot tower. Office vacancy in Preston Center is 8%. Transwestern is also planning to develop a multistory condominium project at the corner of Preston Road and Northwest Highway, replacing the town homes built in the 50’s by Hal Anderson.

Dallas: Dallas home prices are up another 9.9% in the latest S&P Case Shiller index. November being the 21st consecutive month for higher home prices. DFW prices are up 20% from the recession in 2009 and 5% highest than the peak in mid 2007.

Dallas: DFW home sales in 2013 were up almost 20% from 2012, with prices up more than 10%. Biggest increases were in Oak Lawn, Oak Cliff, North Dallas, Mesquite and Irving. Examples: Area 11 (North Dallas/Preston Hollow) 872 sales +23%, median price +12% ($214/sf); Area 12 (East Dallas) 2,544 sales +15%, median price +14% ($149/sf); Area 17 (Oak Lawn) 97 sales -1%, median price +8% ($332/sf). Data is from NTREIS.

Dallas: North Texas preowned home sales rose 17% in 2013, the highest level ever, with median sales prices up 10% from 2012, according to NTREIS data. DFW home sales over $1 million rose 22%, 55% in Austin and 46% in Houston. Luxury home sales comprise about 1% of total residential sales.

Dallas: MLS data show 9,291 pre-owned homes sold in August in north Texas, one of the highest monthly totals since the recession and 16% ahead of a year ago. For the first eight months, total pre-woned sales in north Texas are up 20% with the number of houses coming on the market up 12%.