Date Archives: October 2017

Find the Perfect Dallas-Fort Worth Neighborhood for You 

When you're buying a house in a Dallas-Fort Worth neighborhood, you want more than a beautiful place to call home. You need a welcoming neighborhood that supports your lifestyle. You deserve a community with neighbors, amenities, and services that make you feel at home.

Our REALTORS® want to help you make the right home-buying decision. Here are 10 traits of a buyer-friendly neighborhood to guide you through the process of buying a home in a neighborhood that's right for you.

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When one of the country's biggest apartment builders says he thinks the construction cycle in D-FW has topped out, it pays to listen.  At midyear, more than 50,000 apartments were being built in the area — one of the largest numbers of new units on the way in any market in the country. 

But rising construction costs and a slowdown in rent growth will cause apartment builders to pull back a bit, says Steve Bancroft, senior managing director of Dallas-based Trammell Crow Residential.  "Supply has peaked," Bancroft told members of the Stemmons Corridor Business Association at a meeting this week. "There is a little bit more supply than demand today."  Bancroft said that while the outlook for rentals in North Texas and across the U.S. is strong, construction is dipping.

Bancroft said that strong job and population growth in Dallas-Ft Worth ensure continued demand for rental housing.  "There is not enough housing today for everyone in the market," he said.  "It's still hard to find a moderate priced home and those prices continue to go up."  Rapid home price increases in the area have kept many potential buyers in apartments.

"It's still a pretty good time to be in the business," Bancroft said.  "Dallas is doing twice as well as the nation."

• Dallas Morning News, October 10, 2017

Families with homes in Fort Worth have their choice of Halloween thrills and chills. Your whole family can walk the neighborhood in quirky disguises. You can fill your days and nights with planned events and whimsical, scary adventures. But not too scary!

When the smallest goblins take part in family Halloween fun, it's important to steer clear of super scary events. Traditional haunting venues may frighten young children a bit too much. They may cause little people nightmares that keep the whole family up late at night.

Our real estate agents know a lot about local businesses, attractions, and family-friendly events. We draw on that knowledge to recommend a list of Halloween events that promise fun for the entire family.

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In May, Frisco was named the country's second fastest-growing large city in terms of population. Now, the Dallas suburb ranks as the fastest-growing city in the U.S. based on population and 14 other economic measures. Personal finance website WalletHub just released its list of the fastest-growing cities in the U.S., with Frisco sitting at No. 1. It's among four Texas cities in WalletHub's top 10; the others are Midland (No. 5), McKinney (No. 6), and Austin (No. 9). The City of Frisco's economic development arm says residents and businesses are drawn to the suburb because of its top-notch schools, "pristine" parks, and retail, sports, and entertainment destinations.

• Frisco Talks, October 4, 2017

Texas is a large state with diverse regions.  But what are the best places in Texas for those looking to settle down and raise a family? Below, SmartAsset combs through the data to find the best places in Texas to raise a family.  In order to find the best cities in Texas to raise a family, we looked at factors like the graduation rate, percent of population age 19 or younger, AP participation rate and percent of students scoring a 3 and above on AP tests. We also considered the family poverty rate, average deficit for those in poverty and the unemployment rate, plus the median monthly housing cost and median household income. Finally as a measure of safety, we considered the property crime and violent crime rates.

• Smart Asset, September 19, 2017

Three North Texas communities have wound up at the top of a list of the country's best real estate markets by WalletHub, the personal finance website.  Frisco,  McKinney and Allen are ranked as the three best real estate markets in the nation in the new comparison. Richardson and Carrollton also made it into the top 10.  The communities were rated based on housing market factors and overall economic strength.  WalletHub gave the worst real estate market ranking to communities in New Jersey, Connecticut and Miami Beach, Fla.  Dallas-Fort Worth has had one of the fastest growing economies in the country with more than 100,000 new jobs added in the last year.  Real estate prices in North Texas are at a record high and have been rising at roughly 10 percent annually for the last few years.

• Dallas Morning News, August 28, 2017