Category Archives: 2018

House rent rises. First time home buyers getting priced out by Investors

According to the Wall street journal House rents have increased. First time home buyers are getting priced out due to the onset of investors in Key Metro markets

Rents have increased 13% year to date. The sharp increase in rent is attributed to the increasing demand from people who cannot afford to buy homes.

According to WSJ, Bigger investment banks such as Blackstone Group, Invesco also have committed large sums of money to the sector estimated at $11 billion. Institutional players are looking to build their portfolio that could serve as starter homes for owner occupier


Apartment Markets going through Major turnaround

Recon According to Dr. Luis Torres, research economist for the Texas Real Estate Research Center at Texas A&M University. Torres says the apartment outlook has changed from “catastrophic” when the pandemic began to “positive” today.

A large portion of this is attributed to the roll out of vaccines. Lack of availability of single family homes and increase in prices of single family homes and improvement in the overall state of the economy.


Texas Topped as the best place to buy homes 

According to Wallethub List Texas topped the no 1 state to buy homes.

Frisco was ranked number 1 followed by Austin at no.2 Mckinney was at no.4 followed by Denton at no.5 and Allen at No.6

The rest of WalletHub’s top ten cities were No. 3 Gilbert, Ariz.; No. 7 Durham, N.C.; No. 8 Reno, Nev.; No. 9 Roseville, Calif.; and Nashville, Tenn.  


Texas housing Market at glance


Employment Statistics at a glance From Texas A&M Real estate Center

Texas added 80,900 nonagricultural jobs last month, marking gains in 14 of the last 16 months. 

Texas’ job growth rate matched the nation’s at 0.6 percent. The Texas Real Estate Research Center forecasted a growth rate of 0.5 percent for July. 

The state added 714,800 jobs since July 2020. The Texas economy now needs to gain almost 261,700 jobs to return to pre-pandemic levels.


Development News

38 Acres of Mixed use Development in Keller.

According to Rebusinessonline. Realty Capital Management and South Carolina-based Greystar are underway on construction of Keller Center Stage, a 38-acre mixed-use project on the northern outskirts of Fort Worth

If you have a friend or family members looking to Buy/Sell/Lease Residential or Commercial Properties. We are here to help you and and your loved ones.

Let us help you find the home where your dreams come true

House rent rises. First time home buyers getting priced out by Investors

According to the Wall street journal House rents have increased. First time home buyers are getting priced out due to the onset of investors in Key Metro markets

Rents have increased 13% year to date. The sharp increase in rent is attributed to the increasing demand from people who cannot afford to buy homes.

According to WSJ, Bigger investment banks such as Blackstone Group, Invesco also have committed large sums of money to the sector estimated at $11 billion. Institutional players are looking to build their portfolio that could serve as starter homes for owner occupier


Apartment Markets going through Major turnaround

Recon According to Dr. Luis Torres, research economist for the Texas Real Estate Research Center at Texas A&M University. Torres says the apartment outlook has changed from “catastrophic” when the pandemic began to “positive” today.

A large portion of this is attributed to the roll out of vaccines. Lack of availability of single family homes and increase in prices of single family homes and improvement in the overall state of the economy.

According to Wall Street journal Lumbar prices are seeing a decline in the past few weeks. The prices dropped to $1010 from $1200 a week ago. Prices were $482 in October 2021 and currently they are at $879.

Although the prices have dropped, they are not at the level before the pandemic.

According to Wall Street Journal – “Lumber prices are still sky high, to be sure. The spot-price index was $459 a year ago and despite a dramatic tumble, lumber futures remain more than twice what is typical.”


Texas dominates to be the hottest market across the 50 states.

According to Builderonline, Dallas fortworth stood at #1 leading with 50% market share followed by Houston at # 2, Austin at #5 followed by San Antonio at # 6.

https://www.builderonline.com/land/local-leaders-list/2021/

Home Affordability continues to decline due to drop in income and rising home prices.

According to NAR, Lack of housing supply is pushing the home prices higher.  Monthly Mortgage payments are continuing to increase to $1,184 The payment as a percentage of income continue to climb up and is at 16% in April from 13.7% a year ago … for detailed report form NAR click here

     

Housing Affordability from National Association of Realtors

Housing Market Statistics at a glance From Texas A&M Real estate Center


Texas housing Market at glance


Employment Statistics at a glance From Texas A&M Real estate Center

Development News

Kaufman County Attract Development from Centurion American.

According to Dallas Morning News. Centurion American to develop 1,100 acres of land for residential projects.


Residential Community Launch

Meritage Cibolo Community in Saginaw Meritage Homes is planning to build new residential community off U.S. Highway 287 near Eagle Mountain Lake. The community is called Cibolo Hills, I will have 700 houses with pricings starting from $280K ranging from 1,394 to 3,050 square feet.


If you have a friend or family members looking to Buy/Sell/Lease Residential or Commercial Properties. We are here to help you and and your loved ones.

Let us help you find the home where your dreams come true

Taylor Morrison to develop 150 SFR in Grand Prairie

According to rebusinessonline Taylor Morrison home corp to develop a 140 SFR Community in Metro Dallas

Taylor Morrison home corp. is looking to develop 14—sq foot single family unit in Grand Prairie


Booming real estate surged prices of rural real estate land in Texas.

According to Texas A&M real estate Center. Post pandemic in 2021 Texas rural land markets have exploded in a burst of activity,” said Dr. Charles Gilliland, research economist and rural land expert for the Texas Real Estate Research Center at Texas A&M University.

“First quarter 2021 sales of large acreage rural properties grew more than 50 percent in West Texas and 37 percent statewide compared to 2020,” said Gilliland. “First quarter activity exceeded the remarkable levels seen in the third and fourth quarter of 2020 in most areas.

  • Prices in North East Region rose by 12.11 percent to $5,423 per acre
  • Prices in Gulf Region increased by 11.2 percent to $7,069 per acre
  • Austin-Waco-Hill Country prices rose 7.07 percent to $4,424 per acre.
  • South Texas prices remained steady, retreating 0.35 percent to $3,950 per acre.

Home Prices rise everywhere in the first quarter.

According to a report by Wall Street Journal, Home prices rose everywhere “a rapid price appreciation that shows little sign of fading soon with limited housing inventory and robust demand”.

     

The housing boom is widely fueled by low mortgage rates. First time home buyers are overbid losing to cash buyers. The number of homes has been less than the number of realtors available in the market. The reduction in inventory has only extended this increase in home prices. The prices of commodities such as lumber, steel, labor has also contributed to this rapid acceleration of home prices.

Analyst and economist are hoping that the prices would slow as the rate tick up. As of this writing the 10-year treasury yields are at 1.652%


Market Statistics at a glance

The median price of home sold in May 2021 was $292K up 17.3% YOY

Supply seems to be constrained the months of inventory is down to 1.3% YOY down from 1.8%

Median price per sq foot was $145 up from $133.56 in March

Median home size was 2020 sq foot up from 1,980 in March

How the Pandemic Made Lumber America's Hottest Commodity

Development News

Commercial Master planned community in Fort worth

According to the Dallas morning news Cresent Real Estate is planning a Major $250 Million mixed use project in fort worth’s cultural district. The development will include Luxury hotel, Luxury residential units.


Residential Community Launch

Meritage Cibolo Community in Saginaw Meritage Homes is planning to build new residential community off U.S. Highway 287 near Eagle Mountain Lake. The community is called Cibolo Hills, I will have 700 houses with pricings starting from $280K ranging from 1,394 to 3,050 square feet.


If you have a friend or family members looking to Buy/Sell/Lease Residential or Commercial Properties. We are here to help you and and your loved ones.

Let us help you find the home where your dreams come true

Austin and Dallas are top destination for foreign investments.

According to Association of Foreign Investors in Real Estate (AFIRE). Dallas and Austin are the Top Real Estate markets in 2021. Atlanta and Newyork were at 25% and 21% respectively.

Overall, 90 percent of respondents said they plan to increase their position in U.S. cities over the next three to five years. 

Of the markets foreign investors plan to leave, New York, Chicago and San Francisco top the list. Houston was also in the top five.


Booming real estate surged prices of rural real estate land in Texas.

According to Texas A&M real estate Center. Post pandemic in 2021 Texas rural land markets have exploded in a burst of activity,” said Dr. Charles Gilliland, research economist and rural land expert for the Texas Real Estate Research Center at Texas A&M University.

“First quarter 2021 sales of large acreage rural properties grew more than 50 percent in West Texas and 37 percent statewide compared to 2020,” said Gilliland. “First quarter activity exceeded the remarkable levels seen in the third and fourth quarter of 2020 in most areas.

  • Prices in North East Region rose by 12.11 percent to $5,423 per acre
  • Prices in Gulf Region increased by 11.2 percent to $7,069 per acre
  • Austin-Waco-Hill Country prices rose 7.07 percent to $4,424 per acre.
  • South Texas prices remained steady, retreating 0.35 percent to $3,950 per acre.

Home Prices rise everywhere in the first quarter.

According to a report by Wall Street Journal, Home prices rose everywhere “a rapid price appreciation that shows little sign of fading soon with limited housing inventory and robust demand”.

     

The housing boom is widely fueled by low mortgage rates. First time home buyers are overbid losing to cash buyers. The number of homes has been less than the number of realtors available in the market. The reduction in inventory has only extended this increase in home prices. The prices of commodities such as lumber, steel, labor has also contributed to this rapid acceleration of home prices.

Analyst and economist are hoping that the prices would slow as the rate tick up. As of this writing the 10-year treasury yields are at 1.652%


Market Statistics at a glance

The median price of home sold in May 2021 was $292K up 17.3% YOY

Supply seems to be constrained the months of inventory is down to 1.3% YOY down from 1.8%

Median price per sq foot was $145 up from $133.56 in March

Median home size was 2020 sq foot up from 1,980 in March

Development News

Commercial Master planned community in Fort worth

According to the Dallas morning news Cresent Real Estate is planning a Major $250 Million mixed use project in fort worth’s cultural district. The development will include Luxury hotel, Luxury residential units.


Residential Community Launch

Meritage Cibolo Community in Saginaw Meritage Homes is planning to build new residential community off U.S. Highway 287 near Eagle Mountain Lake. The community is called Cibolo Hills, I will have 700 houses with pricings starting from $280K ranging from 1,394 to 3,050 square feet.


If you have a friend or family members looking to Buy/Sell/Lease Residential or Commercial Properties. We are here to help you and and your loved ones.

Let us help you find the home where your dreams come true

Summary of the week ending March 5th 2021

>> Fed Chair Powell acknowledged that the long-term rates were rising and did not confirm if the Fed will buy additional bonds leading to further tumbling and sell off in Stocks.

>> Dow at one point tumbling more than 700 points intra day and then recovering to 400 points.

10-year Treasury yield rising to above1.5% for the first time since the onset of pandemic.

>> Growth stocks and Nasdaq hammered due to rotation to cyclical and industrial.


Mortgage rates headed above 3% for the first time since last July 2020.

According to Freddie Mac’s Primary Mortgage Market Survey The average rate on a 30-year fixed-rate mortgage increased to 3.02%. The first since July 2020. We don’t expect this to affect the real estate market presently.

The demand and supply presently is out of equilibrium due to the excess demand and limited supply which was hampered by availability of war materials and labor due to Covid-19 impact

Over 264,900 Texas mortgages were past due in fourth quarter 2020, according to data from the Mortgage Bankers Association


Texas Initial Jobless Claim drops

According to the Texas Real Estate Research Center. Initial unemployment insurance claims in Texas decreased to 38,100 the week ending Feb. 6, continuing a four-week downward trend. 

This is the largest weekly decline since the week ending Sept. 12, 2020. 

“The solid decl​​ine in initial claims is a sign that layoffs have started to slow,” said Texas Real Estate Research Center Research Economist Dr. Luis Torres. ​


Market Statistics at a glance

The median price of home sold in Jan 2021 was $262K up 12% YOY

Supply seems to be constrained the months of inventory is down 1.5% YOY and stood at 1.6

Median price per sq foot was $133.56

Median home size was 1,980

Development News

Commercial Master planned community in Fort worth

According to the Dallas morning news Cresent Real Estate is planning a Major $250 Million mixed use project in fort worth’s cultural district. The development will include Luxury hotel, Luxury residential units.


Residential Community Launch

Meritage Cibolo Community in Saginaw Meritage Homes is planning to build new residential community off U.S. Highway 287 near Eagle Mountain Lake. The community is called Cibolo Hills, I will have 700 houses with pricings starting from $280K ranging from 1,394 to 3,050 square feet.


If you have a friend or family members looking to Buy/Sell/Lease Residential or Commercial Properties. We are here to help you and and your loved ones.

Let us help you find the home where your dreams come true

Demand for homes continues, however homebuilder confidence drops

According to the latest NAHB/Wells Fargo Housing Market Index (HMI) Homebuilder confidence dropped from 90 in Nov to 86 in December this is attributed to increasing lumber prices and worker shortages. The builders are less confident that they will be able to deliver the inventory in time.

Record low mortgage rate has led to an influx of new first time Home buyers which had led to the increase in home prices especially in DFW area. Growing demand has not been able to catch up with inventory which could pose an issue in future. “Demand is strong entering 2021,” Chuck Fowke, chairman of NAHB, said in a statement.


Exodus of Tech companies from Silicon Valley continues to Texas

HP Enterprises becomes the latest company to announce relocation of its headquarters to Texas. HPE was joined by Oracle which announced relocating its headquarters from Redwood City in California to Austin Texas. Another Silicon Valley Juggernaut Palantir announced that it would move to Denver. Tesla’s Elon Musk recently revealed that he has moved to Texas


Texas sees increased Jobless claim number for the month of December

Jobless claims increased in Texas to 39,800 for the month of December up by over 11,000 for the week ending Dec. 5, according to the workforce commission


Uptick in Covid-19 cases could hinder economic activity and increase eviction and vacancy rates

According to the Texas Real estate center at A&M Economic activity rebounded, The Texas Residential Construction Cycle (Coincident) Index, which measures current construction levels, ticked up due to the improvements in industry wages, employment, and construction values. The Residential Construction Leading Index rose for the fifth straight month amid increased building permits and housing starts

credit : Real Estate center Texas A&M University


If you have a friend or family members looking to Buy/Sell/Lease Residential or Commercial Properties. We are here to help you and and your loved ones.

Let us help you find the home where your dreams come true

Months of average inventory continues to goes down due to strong demand

Collin CountyFort Worth
Average Days on market was 50 days for Collin County Area  Average Days on market was 50 days for Fort Worth Area  
Closed sales increased 27.6 % YoY  Closed sales increased 27% YoY  
Months of Inventory down 1.3% YOYMonths of Inventory down 1.3% YOY

Eviction Extension by CDC

Effective September 4 through December 31, 2020, the Centers for Disease Control and Prevention has issued an Order preventing many residential tenants from being evicted for nonpayment of rent. The Eviction moratorium has been extended through Dec 2020

For additional details please visit https://guides.sll.texas.gov/covid-19/eviction


Mortgage Rates Hit record low fueling increased demand for Residential real Estate investments

The 30-year fixed-rate mortgage averaged 2.78% for the week ending Nov. 5, falling three basis points from the week prior, Freddie Mac   reported Thursday. During this same time in 2019, these loans had an average rate of 3.69%. The 15-year fixed-rate mortgage meanwhile held steady at an average of 2.32%,


New Home Demands Soar in DFW

according to RE/MAX – Home Sales grew 19.6% and prices went up by 19.3% according to the national housing report released by RE/MAX

“September’s massive year-over-year increase in home sales was the latest reminder of the housing market’s overall strength and resiliency,” said Adam Contos, CEO of RE/MAX Holdings, Inc. “Demand is off the charts right now. Buyers of all ages are coming into the market determined to improve their quality of life through amenities, community and the unique security that comes with homeownership. They’re working through the challenges of tight inventory, high prices and competing offers to take advantage of historically low interest rates and, in many cases, the greater mobility they now enjoy through working remote.

“Generational factors and a continuing rebound in home construction support the notion of an active housing market moving into next year.”


LGI Homes slated to build 1,225 homes in Fort Worth

According to Dallas Morning News, LGI Homes is slated to build 1,225 homes in Fort Worth near the intersection of interstates 820 and 30. The community, called Vista West, will be constructed in six phases. Homes will be priced between $230,000 and $280,000. 


National Malls continue to File bankruptcy

According to ABCNEWS CBL and Pennsylvania Real Estate Investment Trust have filed for bankruptcy.

CBL, which operates 107 malls, said more than 30 of its tenants have filed for bankruptcy protection this year and are shutting stores, including woman’s clothing retailer Ascena, which has 100 Ann Taylor, LOFT and other stores in CBL malls. Based in Chattanooga, Tennessee, CBL operates malls across the U.S., including EastGate Mall in Cincinnati and West County Center in St. Louis.

PREIT, based in Philadelphia, has more than 20 properties, including Cherry Hill Mall in Cherry Hill, New Jersey, and Viewmont Mall in Scranton, Pennsylvania.


Phase 1 of 1.3 million-square-foot Fort Worth Logistics Hub breaks ground

According to Rebusinessonline

VanTrust Real Estate LLC has broken ground on Phase I of the 1.3 million-square-foot Fort Worth Logistics Hub, a project that will add 670,941 square feet of Class A industrial space to the local supply.


If you have a friend or family members looking to Buy/Sell/Lease Residential or Commercial Properties. We are here to help you and and your loved ones.

Let us help you find the home where your dreams come true

Your One Source of All DFW Real Estate News from Dream Castle Realty

Governor announces the business reopening in Texas

According to REBusiness Online Gov. Greg Abbott has expanded the reopening of certain businesses and activities. 

Retailers such as barbershops, nail salons, tanning salons, and similar businesses may reopen on Friday, May 8, provided they maintain six-foot distances between workstations.  Office buildings and manufacturing plants that produce nonessential goods may restart their operations at 25 percent of their normal occupancies on Monday, May 18. 


Market Snapshot

Texas home prices rose to $249,000, a 5.8 percent YOY increase. Austin pushed the home prices in double digit.

The Texas Repeat Sales Home Price Index which provides change in single family values.  Repeat sales home index for  Dallas and Houston increased 2.5 and 3.0 percent, respectively

Texas Home Inventory and Market Snapshot

Google plans to build data center in Ellis County Texas

According to Dallas Morning news Compass Datacenters is finishing up the first phase of the data center on 225 acre track East of I35 E on Red OakGoogle has purchased more than 165 acres where it plans another huge data center — its second such project in Ellis County


Rent drops in Austin Metro during Co-Vid 19 Crisis

According to Austin Business Journal COVID-19 has slowed down the metro’s multifamily market, according to ApartmentData.com.

From March to April, apartment rents dropped 1.2 percent to $1,297. That’s a contrast from last year, when rents saw a 5.7 percent increase. 

Occupancy went up 0.3 percent to 91.1 percent in April. 


$1.5 billion Star mixed-use development coming in Frisco

According to Dallas Morning News Dallas Cowboys owner Jerry Jones Bluestar land development company is coming up with another mixed use $1.5 Billion office building in Frisco

The 11-story, 327,000-sf office tower will be at the northwest corner of the Dallas North Tollway and Cowboys Way.

Along with the office tower, a six-level, 1,200-car parking garage is planned for the west side of the tollway.


If you have a friend or family members looking to Buy/Sell/Lease Residential or Commercial Properties. We are here to help you and and your loved ones.

Let us help you find the home where your dreams come true

Is it time to Buy, Austin named best city to live. Texas ranked best state to start business

 

 

 

The best compliment you can give us is a referral to your family & friends

www.dreamcastlerealty.com

BALGOVIND PANDEY / BHARTI MISHRA

Email: govind.smarthomes@gmail.com

Phone : 510-364-8072 /940-231-3059

Web : https://www.dreamcastlerealty.com

The best Investment on Earth Is Earth – Louis Glickman

Sept 2018 Vol 20109 -01

 

Spring Maintenance List

Time to tune in your HVAC

Have a qualified heating and cooling contractor clean and service the outside unit of the air conditioning system

Check your roof and Gutters 

Clean up your gutters for any fall and winter debris. Check your roof to inspect any missing shingles 

Check your Lawn Watering Schedule 

Time to turn on those sprinklers and check your lawn watering schedules and adjust them

Check for any broken sprinker heads and replace those

Clean up your windows and screen

Time to get those windows and screens dusted up


Wallethub ranks Austin to be the second best city to live 

According to WalletHub – The Texas capital is the second-best large city in which to live, according to WalletHub’s comparison of the 62 largest U.S. cities. Austin lost the top spot to Virginia Beach, Va., by a narrow margin.

WalletHub, a personal finance website, based its rankings on indicators such as quality of public schools, job opportunities, and property taxes.

Austin ranked third in “economy,” eighth in “education and health,” 17th in “quality of life,” and 30th in “affordability.” It was in a six-way tie for first in “highest income growth.”

Other Texas cities ranking among the top 50 were Arlington (25th), Fort Worth (30th), San Antonio (31st), El Paso (32nd), Corpus Christi (43rd), Houston (45th), and Dallas (47th).

 

Texas Housing Supply at a glance

 

13 Master planned communities from Texas among the top selling across nation 

According to RCLCO Real Estate Advisors 13 Texas communities landed on RCLCO Real Estate Advisors’ list of the top 50 master-planned communities, representing 21 percent of sales nationwide

Texas Ranked Best State to Start Business 

The Lone Star State was first in business environment and 11th in ​access to resources. It also ranked:​

  • fourth in longest ​average length​ of work week in hours;
  • fourth in average growth in number of small businesses;
  • fifth in highest total spending on incentives as a percentage of gross domestic product;

Texas offers a business-friendly environment characterized by low taxes (e.g., no state income tax) and less burdensome regulation that favors a market economy that has created lower costs for doing business,” commented Real Estate Center Research Economist Dr. Luis Torres

Demand for industrial space continues to grow 

According to CBRE The Market saw nearly 5.2 million sf of net absorption last quarter, up from the first quarter. 

  • Construction starts totaled 5.3 million sf, and 23.5 million sf of industrial space is currently underway. Nearly 4.6 million sf was delivered.
  • The vacancy rate decreased slightly over the quarter to 6 percent. Read more here 

 

Call us we are here to help

If you are a first-time buyer or an in the market looking for investment in real estate – Commercial, Residential, Farm land. We can help

We take pride in customer service and our clients see the value we provide.

We take ensure to make the process of buying, selling and leasing real estate seamless for you.

If you have a Family member, Friend looking to Buy/Sell Real Estate we will be glad to help.

 

 

Is this the Best time to Invest in Single Family? Industrial Space in Demand, All you need to know about Foundation Repair

 

 

 

The best compliment you can give us is a referral to your family & friends

www.dreamcastlerealty.com

BALGOVIND PANDEY / BHARTI MISHRA

Email: govind.smarthomes@gmail.com

Phone : 510-364-8072 /940-231-3059

Web : https://www.dreamcastlerealty.com

The best Investment on Earth Is Earth – Louis Glickman

OCT 2018 Vol 201810 -01

 

Fall Maintenance List

Clean Gutters

Fall is a good time to clean your gutter after the leaves have fallen from the tree especially if you live in a snow zone

With heating on and Furnaces running its a good time to check and replace your smoke detector batteries

Sprinkler setting

You Lawn may still need water in fall it may not need as much as peak summer. Please check and adjust your sprinkler setting. Don’t forget to winterize your sprinkler systems

Winter proof your windows and doors

If you live in cold temperatures make sure to caulk your windows and check the weather strip at door to save on heating cost

Grills and Drain hoses

Clean Cover and winterize your grills and out away the drain hoses

HVAC

Change filter to your HVAC and add some bleach to the drains to clean up any Algae Build up

Fireplace and Chimney

Make sure to get your chimney cleaned if you use it. Stock up on firewood if you use a wood burning fire place. Clean up Gas value for any dirt and debris to get it ready for winter for gas fire places

Dallas Fort-worth Market transitions from Seller to Buyer Market as home sales continue to Normalize

Dallas Fort-worth Market transitions from Seller to Buyer Market as home sales continue to normalize

According to data from the Real Estate Center at Texas A&M University and North Texas Real Estate Information Systems.This has been the biggest drop in Sale since 2011.
This has lead to rush of investors who were on the fence

Mortgage rates on average are currently about 4.7 percent

According to Real Estate Center Chief Economist Dr. Jim Gaines​ at A&M. The Numbers are going to be Flat.

 

Texas Housing Market

Construction of Frisco Station Launched

The 242 Acre Mixed-use project is part of Frisco’s so called $5 billion mile and runs across Dallas Cowboys new Headquarters.
“Frisco Station is one of the most robust office locations in North Texas,” Meyer said. “When we started construction (on the first office building) almost two years ago to the day we knew it would attract top talent and corporations.” ..Read More

 

New Opportunity Zone is a boon for Real Estate Investors and Developers

As reported by WSJ, The Treasury Department designed the rules for the Opportunity Zone program to give businesses enough flexibility and certainty to start making major investments.
The program, with bipartisan roots, was a small piece of last year’s tax law and has been attracting intense attention from real-estate developers and fund managers who have been soliciting investors and anxiously awaiting the rules.

 

Fort-worth Named a 6th Fastest-Growing Cities in the U.S

According to a report by Wallethub. Fort-worth is named as the 6th Fastest-Growing Cities in the U.S. No.1 spot went to Austin followed by Miami and Seattle.


Charlotte, NC was on 4th spot, Denver on 5th and Fortworth on 6th
Complete list can be found here

 

PWC ranks Dallas Fort-worth as No.1 markets to watch in 2019

Dallas is no stranger to being in the top ten rankings, and this year it returns to the number-one spot in the 2019 survey. As a business friendly market, the area has capitalized on the emerging trends of the last decade by focusing on disciplined development, investing in modern infrastructure, and creating spaces where people love to live, work and play.

The low cost of living, low cost of doing business,​​ and tax efficiency continue to draw people to North Texas. T​​​​​​​​​​​​he area’s population growth rate is projected to be more than two times the national average in 2019. That growth is skewed ​​toward people aged 40 and younger. ​

Texas again has three markets in the top 20, as Austin and San Antonio join Dallas/Fort Worth

 

 

 

1M Sq Distribution center coming off of I-820 and I-35W

According to Dallas Morning News – Dallas-based Hunt Southwest Real Estate is building a massive industrial building near I-820 and I-35W.

The one million-sf speculative distribution and fulfillment center will sit on 77 acres at 1511 N.E. Loop 820 Service Rd.

It will include a 40-ft clearing height, 196 dock doors, and additional land to be used for seasonal employee parking or extra trailer parking.

 

Multi-Family Market grows in Austin. San Antonio Remains Steady

According to a report by Rebusinesss, Both multifamily markets have been in growth mode since the Great Recession, Austin has outpaced San Antonio with a rapid rate of expansion during this time. Austin’s job growth has risen steadily at an average annual pace near 4 percent since 2010. In addition, strong migration to the metro has contributed to the 20,000-plus households that have been created annually during this span.

 

Call us we are here to help

If you are a first-time buyer or an in the market looking for investment in real estate – Commercial, Residential, Farm land. We can help

We take pride in customer service and our clients see the value we provide.

We take ensure to make the process of buying, selling and leasing real estate seamless for you.

 

 

 

  

 

 

 

 

If you have a Family member, Friend looking to Buy/Sell Real Estate we will be glad to help.