Dallas: DFW was the nation’s top office market for 2017, net leasing almost 4.7 million square feet, an increase of 38% over 2016. Largest leasing totals were in the West Plano-Frisco, Las Colinas and Downtown areas.
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Dallas: Preowned homes sales in North Texas totaled 101,529 in 2016, topping 100,000 for the first time. In December, 8,635 homes were sold (MLS) and the median price rose 10% from a year earlier. North Texas home prices are up 40% in four years. Only 16,400 homes were listed at the end of 2016, less than a two-month supply. Biggest increase in homes were in the $300,000-$600,000 range, up 20%. Sales of $1 million-plus homes were 12% higher, with 1,367 sold.
3619 Crescent featured on candysdirt.com! This Highland Park Architectural Masterpiece is Perfect for Harry Potter Fans
NYC: People are moving our of major metro areas in the U.S. faster than they’re moving in, according to recent Abodo research, noting the average American moves 11 times in a lifetime. Rapidly growing housing costs appear to be a factor. The Census Bureau states Dallas is the second fastest growing metro area in the U.S.
Join us for Wine Tasting, SanLo Jewelry Show & an Unveiling of Newly Staged 3624 Dartmouth Avenue on Wednesday, May 18th from 5-7 PM!
Join us today from 5-7 PM for a Wine Tasting, SanLo Jewelry Show & an Unveiling of Stunning Newly Staged 3624 Dartmouth Avenue!
Doris Jacobs, Kim Jacobs Calloway and Teffy Jacobs were honored in Modern Luxury Dallas’ 2016 Dallas Real Estate Awards!
Doris Jacobs, Kim Jacobs Calloway and Teffy Jacobs were named as one of the “Who’s Who of Dallas Real Estate Agents” in Modern Luxury Dallas’ 2016 Dallas Real Estate Awards – April 2016 issue.
NYC: Dallas-Plano-Irving holds the #5 spot among metro areas that have recovered most since the recession, according to HSH.com. Dallas prices are 35% above pre-housing crisis peaks. Austin is at #2, with prices 44% higher, Houston is at #3, and Fort Wroth at #6.
Dallas: Big D still means Development. The former 2,000-acre Circle T Ranch on SH114 may become a corporate office campus with over 1 million square feet of office space, 750 apartments, 200-room hotel and 80,000 square feet of retail and entertainment. 370 acres of Mercer Crossing in Farmers Branch on LBJ at Luna Road will be used for about 800 homes, 3,500 apartments, a 48-acre office campus, boutique hotel, shopping and entertainment. A 25-story condominium and hotel project is due across the street from the Meyerson Symphony Center between Flora Street and Ross Avenue. The tower will feature a 218-room boutique hotel and 44 luxury condominium homes. And a redo of the 22-story, 180,000 square foot former Mercantile Commerce Building will add 260 hotel rooms to the central business district.
Dallas: In third quarter, US home prices gained 5.5% while DFW jumped 8.5%, according to the NAR. Austin was up 7.4%, Houston 7.3%, and San Antonio 6.9%. Many of the metro areas with the fastest price appreciation over the past year are in the South.