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More Than 20 Percent of Homes in The DFW Have Had Price Cuts
Are you planning on buying a DFW home? If so, there may never be a better time than right now to buy a home in Dallas because the real estate market has cooled and this means opportunity for buyers! More than 20 percent of the houses listed for sale in the Dallas area has had at least one price cut in order to try and move the property. Nationwide, the share of houses — about 17 percent as of August — on the market that has had at least one markdown is at the highest level in four years, according to a new report by Trulia. “Comparing data from August…
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Is The Dallas Real Estate Market Cooling During The Summer Months?
By Heath Olinger It’s summer in Dallas and temperatures have exceed the 100 degree mark on a daily basis but even though mortgage interest rates are still historically low does the hot weather mean that the Real Estte market has stayed hot as well? Not so much… Sadly, home sales in many Dallas neighborhoods are actually down this year, ending several years of booming home sales. What’s Happening With Dallas Real Estate? While house sales are slowing in many areas, prices continued to rise in the first half of 2018 — albeit at a smaller rate than in recent years. Median home sales prices are up this year in all but…
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Dallas Real Estate News – Downtown’s East Side Getting BIG Upgrades
As Dallas Real Estate becomes even more of a hot commodity, it was only a matter of time before developers set their eyes on other parts of Dallas that need redeveloping including Downtown Dallas’s East Side. Developers buying up blocks of buildings and land on the eastern edge of downtown Dallas think they are in the right spot to make something happen. Located between Deep Ellum and Dallas’ financial district at Commerce Street and Cesar Chavez Boulevard, the area hasn’t changed much in decades. Commercial buildings from the early 20th century line streets between downtown’s skyscrapers and the Farmers Market. Shawn Todd thinks this forgotten corner of downtown can be Dallas’ next reborn…
