Blog

Dallas Residential Real Estate RSS Feed

9/22/2017 11:43:00 AM

The former home of prominent Dallas architect Frank Welch, who helped give rise to the 'Texas Modernism,' architecture movement, will be placed on the market Monday for $1.179 million. Welch, who passed away earlier this year, was known for his work on The Lamplighter School, First United Methodist Church and numerous residential homes — including his own residence at 3511 Cragmont Ave. near the Katy Trail in Dallas. The 2,932-square-foot home has three bedrooms and three bathrooms with an elevator…

9/19/2017 9:25:50 AM

Dallas-Fort Worth is one of the best metro areas in the U.S. for single women, according to a new report. DFW ranked No. 3 among the top 20 U.S. metropolitan statistical areas for single women to live, according to the online real estate brokerage website Owners.com. Findings show that single female homebuyers make up 17 percent of the national market compared with 7 percent of single men. In North Texas, single females make up 13.7 percent of the homeowner population and have a median household…

9/18/2017 6:44:39 AM

Pittsburgh, Pa., had the highest rate of return on home flipping in the second quarter of this year, according to a report from Attom Data Solutions. The report showed 53,638 single family homes and condos were flipped throughout the U.S. in Q2. Attom defined a home flip as “a property that is sold in an arms-length sale for the second time within a 12-month period based on publicly recorded sales deed data.” Flipped homes in Pittsburgh had an average return investment of 146.6 percent. Behind…

9/14/2017 11:35:27 AM

North Texas had one of the lowest rates of return on home flipping during the second quarter, averaging less than 33 percent, according to a new report by Attom Data Solutions. The report found that 1,379 single-family homes and condominiums were flipped in the Dallas-Fort Worth-Arlington area during the quarter, with a median flipped price of $229,824. That gives the region a 29.1 percent gross return on investment for the quarter. In comparison, Honolulu ranked the worst, with rate of return…

9/14/2017 7:51:28 AM

Hurricane Harvey is estimated to be the second-costliest storm in the history of the National Flood Insurance Program, according to reports. The Associated Press reports that Roy Wright, the Federal Emergency Management Agency's deputy associate administrator for insurance and mitigation, expects the storm to result in about $11 billion in payouts to insured homeowners. That would rank Harvey only behind the $16 billion paid out after Hurricane Katrina in 2005, per the AP. But FEMA also needs more…

9/13/2017 7:00:11 AM

An untimely confluence of labor shortages, rising material costs and the possibility of tougher development guidelines in the wake of Hurricane Harvey is expected to result in escalating prices for new homes across Houston, a part of the country frequently lauded for its affordably priced housing.

9/11/2017 9:03:47 PM

In Florida, a storm’s fright gives way to a blackout’s troubles.

9/6/2017 1:00:58 PM

“People should consider this, and it should be required in flooded areas. No question.”

8/28/2017 12:55:11 PM

Attorneys are urging Houston homeowners affected by Hurricane Harvey to file their insurance claims before a new state law takes effect Sept. 1, but state officials say that’s not necessary. The Texas Trial Lawyers Association is advising homeowners to file their claims before House Bill 1774 takes effect. The state attorney group argues the new law will make it more difficult for homeowners to sue their insurance companies after it takes effect. However, the law’s author, Texas Sen. Kelly…

8/28/2017 5:02:28 AM

Even though Dallas-Fort Worth is one of the hottest housing markets in the United States, somehow Detroit edged out North Texas on the ranking — primarily because there's plenty of supply in the region. Dallas-Fort Worth ranked as the 11th hottest housing market in the country, while Detroit ranked as the 4th hottest housing market in the United States, according to the latest report from Realtor.com. That's because there are more homes on the market to buy in North Texas, said Realtor.com's…