Things have actually been going quite well: unemployment is at its lowest level in decades; employers have added jobs for eight years running; and the economy this year is on track to grow at its fastest pace since 2005. So why are some worrying about the next recession?
Only a handful of North Texas’ fastest-growing cities are also home to the wealthiest areas.
Southlake, which is the home to the wealthiest ZIP code in North Texas, is also the region's 17th fastest-growing city. It grew from 28,259 residents in 2013 to 31,824 last year, and the 76092 ZIP code it includes had a median household income of $207,127 in 2017. More than half of the households in the Southlake area have an income of $200,000 or more. Per capita, the ZIP code's residents make $79,825.
As North Texas continues to grow and home prices continue to climb, developers are looking far outside the urban core to build master-planned projects. And, in a break with the past, homebuyers seeking out affordable communities are opting for experiences and diversity over square footage.
A Houston-area ranch owned by the estate of Dr. Denton Cooley, a renowned heart surgeon who died in 2016, is for sale with an asking price of $7.3 million.
Cool Acres spans 406 acres and is about 10 minutes south of Simonton in Fort Bend County, according to the listing page on Republic Ranches’ website. The property sits 115 feet above the Brazos River, which runs along nearly a mile of the ranch, so Cool Acres' houses have never flooded, per the listing. About 10 percent of the property is…
The Union Dallas, a major mixed-use project in Uptown, has added two tenants to its office tower at 2300 N. Field St.
TH Real Estate, a real estate investment manager, signed on for roughly 3,600 square feet. Chris Joyner with Fischer represented TH in the lease.
“We believe the amenities and best-in-class design will provide an outstanding base for TH Real Estate to recruit top talent and continue our tradition of providing investment excellence on behalf of our clients,” Graydon Bouchillon,…
A former Major League Baseball center fielder has put his sprawling Westlake home on the market.
Vernon Wells, who was raised in Arlington and went on to play for the Toronto Blue Jays, the Los Angeles Angels and the New York Yankees, listed the 16,238-square-foot home for $8.5 million.
Built in 2010 by Jauregui, the Mediterranean-style home at 2251 King Fisher Drive was designed to entertain. The home has a media room, a game room with a bar, a wine room, a sports court, an outdoor pizza oven…
The country is currently experiencing one of the greatest housing booms in its history, and it is impossible to know just how long it will last or what comes next. But North Texas residential real estate experts have an idea of what 2019 might have in store for the local real estate market.
As Dallas Love Field sees its passenger counts grow, the area around the airport is preparing to better accommodate those travelers.
As reported by the Dallas Morning News, real estate investment firm Civitas Capital Group is planning an 8-story, 280-room hotel at the northwest corner of Mockingbird Lane and Forest Park Road. The lodging will be surrounded by the $200 million West Love project being developed by Mockingbird Venture Partners LLC.
Plans filed with the city of Dallas show the hotel…
Houston-based Trendmaker Homes’ parent company, Tri Pointe Group (NYSE: TPH), announced it acquired two Dallas-based homebuilders in a $60 million cash transaction Dec. 11.
Dunhill Homes and its 55-and-up brand Nathan Carlisle Homes will both operate under the Trendmaker Homes banner starting in January, the statement read. And, Rich Rodriguez, president of both Dunhill and Nathan Carlisle Homes, will become a new division president for Trendmaker Homes in Dallas-Fort Worth.
Dallas ranks first…