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7/21/2017 10:52:52 AM

Houston-based homebuilder Perry Homes LLC is quickly building up its North Texas regional team as it seeks to diversify its holdings in the Lone Star state housing, while making a major push into the region.

7/20/2017 11:04:26 AM

McKinney, Frisco and Allen ranked highest in a recent WalletHub study analyzing the best and worst places for first-time home buyers. The study ranked 300 U.S. cities of various sizes based on metrics including affordability, the real estate market and quality of life. While home prices have increased significantly across the North Texas region and consequently ranked on the lower end in the affordability category, WalletHub Analyst Jill Gonzalez said certain factors can be considered even more…

7/19/2017 1:01:11 PM

A luxury estate auction expected to occur last Friday fell apart before the bidding started because the numbers weren't aligning with the seller's expectations for the Lake Ray Hubbard estate. The estate, which was previously marketed for $4.75 million, could've sold on the auction block last week for as little as $1.5 million, but the auction fell apart before it got underway. "After polling registrants, more than half of them said they were prepared to put a bid in at the high $2 millions to…

7/18/2017 8:57:52 AM

Our mission was daunting: Sift through mounds of demographic data to identify America’s most affluent places. Here’s how we did it. We began with two vast pools. The first contained 14,995 U.S. cities, villages, boroughs, census designated places and most towns with populations above 1,000. The second encompassed 22,568 ZIP code territories. Two clarifications are needed immediately: CDPs are unincorporated areas determined by the U.S. Census Bureau to possess other characteristics of a city.…

7/17/2017 1:02:26 PM

Buying a home in Dallas-Fort Worth and surrounding suburbs continues to be a challenge as prices increase. DeSoto, located 13 miles south of downtown, is no exception. While analyzations of the Dallas, Frisco and Plano markets showed a higher range of price points for homes in the north sector, DeSoto — part of the region known as the Best Southwest which also encompasses Cedar Hill, Duncanville and Lancaster — faces the same obstacles of rising prices and low supply. Realtor Kendra Norwood…

7/14/2017 2:46:59 AM

Green Brick Partners CEO James "Jim" Brickman said the builder has seen a rise in revenue from building in infill neighborhoods in its key markets, such as North Texas. The builder said it takes 75 percent longer to build a home in North Texas because of the home rush.

7/13/2017 3:53:27 PM

A sought-after luxury condominium tower in Legacy West is slated to start next month with an official groundbreaking ceremony, which will bring 90 luxury residences to the $3.2 billion, 255-acre corporate magnet. In April, the 27-story luxury tower, called Windrose Tower at Legacy West, was already 80 percent reserved by residents wanting to make Plano's Legacy West community their home. At the time, Jim Duggan, who is a co-developer of the project on behalf of Windrose Condominiums LLC, said he…

7/11/2017 2:04:06 PM

Dallas and Fort Worth rank as two of the top housing markets in the United States based on current and projected real estate fundamentals, according to Ten-X Research, an online Irvine, California-based firm that tracks the real estate market. The two North Texas cities ranked as "hot," markets based on the strength of the single-family market based on current and future expectations, said Ten X Research CMO Rick Sharga. "Dallas and Fort Worth are sitting in some high-performing real estate markets…

7/10/2017 3:42:35 PM

Former Texas billionaire Sam Wyly has put his iconic Tudor-style mansion overlooking the Dallas Country Club in Highland Park on the market for $12.5 million in a court-approved plan to market and sell the estate. The sale of the 7,579-square-foot mansion, which sits on a 1.03-acre estate at 3905 Beverly St. in Highland Park, will help satisfy a civil judgement in which Wyly, 82, was ordered to pay the Internal Revenue Service $1.1 billion by a federal bankruptcy judge, which included hundreds of…

7/10/2017 10:22:29 AM

With homebuyers in North Texas demanding more affordable housing options, builders have responded with an influx of new homes priced below $300,000 — pushing the quarterly home starts of 8,912 units to the highest level the region has seen since the fourth quarter of 2006. Those builders focused on constructing homes prices under $300,000 reported brisk sales throughout the second quarter of 2017, said Ted Wilson, principal at Dallas-based Residential Strategies Inc. "The builders have become…