Texas Real Estate News – Buy vs Rent in DFW? Texas Economy

 

 

 

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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

 Jan 2020-Vol 1

 

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


 

 

Plano Leads Office Development across Texas

According to CommercialCafe the Lone Star State added 100 Million Square feet of new Office space. The Top 3 Markets were Houston, Dallas-Fort Worth and Austin.

The North Texas city had a total of nearly 37.2 million rentable sf of office space at the end of 2019, up 39.67 percent from 2009, when it had 26.6 million rentable sf.

Ten 10 office development small cities

 

Plano Two Legacy West Tower Underway

According to Dallas Morning News. Gaedeke Group has hired architect Gensler’s Dallas office to design its Two Legacy West high-rise planned in the West Plano development.The building is estimated at $3Billion.Gaedeke and Gensler are aiming for a 2022 opening date for the new high-rise

 

Texas Housing Sales Stabilized in November

According to Texas A&M Real Estate Center – Steady employment and Low Mortgage rates contributed to support housing demand. Inventory for homes priced less than $300,000 expanded for the first time since February. On the other hand, November home purchases in Houston and North Texas fell due to low inventories in the same price range. Although home-price appreciation has moderated over the past few years, housing affordability remains the primary challenge to the Texas housing market

Housing permits increased 13.8% YOY and Sales increased to 6.7% YOY

 

Texas Housing at a Glance

 

Renting More affordable than buying in Texas

According to the data from ATTOM Data Solutions median home prices rose 67.3 percent in Harris county in Texas. Texas is a better market to rent than buy. The counties that are more affordable to rent in DFW are – Collin, Dallas,Denton,Tarrant

The counties that are more affordable to buy across Texas are Taylor, Kaufman, Lubbock, Liberty

Detailed report can be accessed here

 

Texas economy grew at 4% in 3Q2019 according to Texas A&M University real estate center  

Outlook for the Texas Economy November 2019 summary

Detailed report can be seen here

 

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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.