Texas Ranked 3rd among International home Buyers followed by Florida and California

 

 

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

 

Minor growth in rent in Metroplex Rest of the areas relatively flat

According to Apartment List The rent grew in some areas in metroplex and remained flat in the rest

The median rent in Dallas grew 0.3 percent over the year but was unchanged from July. A one-bedroom costs $894, and a two-bedroom costs $1,111

Fort Worth rents also grew 0.8 percent over the year and only 0.1 percent since July. A one-bedroom costs $922, while a two-bedroom is $1,145. 

 Orlando, Fla., had the nation’s fastest year-over-year rent growth at 5.3 percent. Seattle experienced the largest dip in rents, dropping 2.4 percent over the year. 

 

 

Texas Ranked 3rd among International home

Buyers followed by Florida and California

According to TAR International Buyers bought $10.8 Billion work of real estate in Texas between Apr 2017 to Mar 2018

Texas is ranked third amount the US States for international home sale behind florida and California

Six Texas metropolitan statistical areas (MSA) are in the top 50 MSAs nationwide for immigration, according to the latest Yearbook of Immigration Statistics from the Department of Homeland Security:

  • No. 6 – Houston – Sugar Land – The Woodlands
  • No. 8 – Dallas – Fort Worth – Arlington
  • No. 26 – Austin – Round Rock – San Marcos
  • No. 28 – San Antonio – New Braunfels
  • No. 33 – El Paso
  • No. 48 – McAllen – Edinburg – Mission

 

According to Case Shiller Index Dallas reported the

lowest increase in home prices

Metroplex home Prices grew the lowest in almost 6 years according to Shiller’s Latest Home index

Dallas prices were up only 5.2 percent from a year ago, less than the 6.2 percent nationwide price gain from June 2017.

North Texas home price increases have been decelerating in recent months as the supply of houses for sale has grown and purchases have slowed.

Sales volume for single-family homes increased 3.68% YoY from 9,051 to 9,384 transactions. Year-to-date sales reached a total of 55,531 closed listings.

Median price rose 5.77% YoY from $260,000 to $275,000, while the median price per square foot also rose from $120.44 to $127.38.

DFW office Rents increases slowly

According to dallas morning news, Average asking rent for Dallas offices went up by almost 3% . The National Rent increases stood at 3.4%. Austin area rent increases were 6.8%

According to Transwestern principal Michael Griffin who represents office tenants. “The percentage increase is decreasing compared to several years ago.”

DFW asking rates were at an average rate of $25.62 well below $38.01 that of Austin and $30.78 in Houston. Office rents were highest in SFO at $74.40 per square foot

 

JV Acquires 1 MSF Data Center Portfolio

According to cpexecutive.com joint venture between Lincoln Rackhouse and Principal Real Estate Investors has acquired a data center portfolio totaling one million square feet throughout facilities in Dallas, Phoenix and Kansas City, Mo. 

The portfolio includes 1000 Coit Road in Plano, a two-story asset offering 454,421 square feet on 23.8 acres

 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.