Fall Maintenance List
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
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
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. The 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.
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