Archive for August, 2011

Dallas

Monday, August 29th, 2011

Dallas is known for many things: its beautiful weather; its fantastic quality of life; its pro-business climate; and, of course, its exceptional condo residences. Whether you are a downtown or an Uptown person, Dallas boasts condo buildings that rival those found in any other major city in the United States.

In fact, if you want the finest in luxury, there

A Closer Look at the West Plano Real Estate Market

Tuesday, August 23rd, 2011

West Plano is a highly desirable area for families, and is a very practical place to call home because of its excellent school system and many business opportunities.
Some say that West Plano features some of the most beautiful homes in the Dallas-Fort Worth Metroplex, and the schools found here are ranked as one of the best in the Dallas-Fort Worth area. So it

Southlake Luxury Home Communities

Thursday, August 18th, 2011

Southlake, a suburb of Fort Worth, is an upscale community renowned for its excellent social infrastructure and its beautiful homes. In fact, Southlake luxury homes are some of the finest in Fort Worth. And with a median household income of more than $170,000, it is no wonder that Southlake luxury homes are abundant.

Southlake is located within the Carroll Independent School District, which received an Exemplary rating by the State of Texas. In addition, the U.S. Department of Education has recognized five of the schools within the Carroll Independent School District as National Blue Ribbon Schools.

Southlake luxury homes are found throughout this affluent community; in particular, there are a number of exclusive neighborhoods that feature estate and luxury homes with design features that will knock your socks off.

Here are some of our favorite Southlake luxury communities:

Industrial Real Estate Market Update for North Texas

Friday, August 12th, 2011

Things are looking up in the North Texas real estate market, making the Irving real estate market update look quite impressive. The second-quarter office statistics, which were just released by Cushman & Wakefield of Dallas, Texas, show many reasons to feel hopeful.

Here are the latest numbers:

  • The North Texas real estate market absorbed almost three million square feet of office space during the second quarter of 2011. This is a substantial increase when compared to the just 305,709 square feet that was absorbed in during the same time in 2010.
  • Although the Dallas real estate market gained 3.6 million square feet, Fort Worth loss 627,940 during the same time. In the second quarter of 2010, Dallas absorbed 410,052 and Fort Worth lost nearly 105,000 square feet.
  • The Irving real estate market update for its industrial sector was particularly impressive, with this area absorbing nearly 1.7 million square feet of office space. In addition to the positive numbers for the Irving real estate market update, Inland Port posted absorption of 1.4 million square feet, Garland/Mesquite posted an absorption of 680,000 square feet, and Great Southwest/Centreport posted an absorption of 487,000 square feet.
  • The biggest losses in the industrial real estate market are found in Richardson-Plano, with a loss of 356,700 square feet, Valwood, with a loss of 341,195 square feet and South Fort Worth, with a loss of 616,400 square feet.
  • Vacancy rates in the second quarter were steady, with 5.8 percent for downtown Dallas, 16.3 percent in GSW/Centreport, and 16.5 percent in Irving/Coppell.
  • West Fort Worth posted a low vacancy rate of just 1.6 percent, while Alliance has a vacancy rate of 21.5 percent.
  • Overall leasing activity in Dallas was up 11.1 million square feet, compared to the 2010 activity that showed just 6.9 million square feet. Leasing activity includes new leases, expansions and renewals.
  • Overall leasing activity in Fort Worth was at 1.2 million square feet, which is an increase when compared to the one million square feet posted during the same time last year.
  • The Texas Workforce Commission reported a gain of 4,800 jobs in the manufacturing, trade, transportation and utilities sectors.

Dallas – Fort Worth Home Sales Up 18% in July

Thursday, August 11th, 2011

In a report released by the Texas A&M Real Estate Center single family home sales were up 18% in July 2011 compared to July 2010. While most experts expected an increase in sales very few, if any, saw an increase of this level.

Why We Love Southwest Frisco

Tuesday, August 9th, 2011

Frisco new home communities are abundant and quite impressive, which comes as no surprise, given that Frisco

Keller

Monday, August 8th, 2011

There is no shortage of new homes and new home communities in Keller in North Fort Worth, thus if you are looking for a new home, you may have found your destination in Keller.
Here are some of our favorite Keller new home selections:

The 10 Most Expensive Homes Sold in San Antonio During the First Half of 2011

Thursday, August 4th, 2011

During the first six months of 2011 there were 2,534 homes sold in the San Antonio MLS. The following homes were the 10 most expensive homes sold in San Antonio during that same period, counting down from the 10th least expensive to the most expensive property sold.

#10: 627 Elizabeth Rd – Sales Price $1,720,000

Most beautiful home with every amenity-perfect floor plan with very high ceilings and open entry way-around a pool and very secure gate for walkway & garages. Casita in courtyard with huge fireplace. Windows showcase gorgeous landscape and blue sky covered patio 38x 13 and small yard

Why Coppell Luxury Homes are Abundant

Wednesday, August 3rd, 2011

If you want to purchase a luxury home, Coppell may be your ideal destination. This area of Texas is home to some of the finest luxury homes in the state, and for good reason.
Coppell enjoys a fantastic location in Northwest Dallas County, as it is just minutes from the Dallas-Fort Worth International Airport, Las Colinas, the North Dallas business district and Downtown Dallas. Aside from its fantastic location, Coppell luxury homes are abundant because of the beauty, comfort and convenience found here.
Families and outdoor enthusiasts appreciate Coppell because of its 116-acre park system, which features two lakes, canals and hiking and biking trails. Coppell is home to an outstanding school system, which is built around the family-oriented communities found here.
Eleven out of the 19 Coppell public schools received exemplary ratings for the 2006-2007 school year. Four communities in Coppell are served by the Carrollton-Farmers Branch Independent School District, and one community is served by the Lewisville Independent School District.
Coppell Real Estate Statistics

  • There are approximately 150 homes for sale in Coppell

The 10 Most Expensive Homes Sold in Dallas During the First Half of 2011

Tuesday, August 2nd, 2011

Behold the sweetest spreads in town. During the first six months of 2011 there were 7,565 homes sold in the Dallas County MLS. The following homes (we like to think of them as