Archive for the ‘Market News’ Category

Water Street: A Future Las Colinas Development

Wednesday, February 8th, 2012

Las Colinas is a hub for some of the largest commercial and residential developments in the DFW Metroplex. From landmark office buildings soaring high into the blue, Texas sky to private country clubs, gated communities with sprawling estate homes and enough amenities to suit even the most discriminating residents, Las Colinas is where Texans go for the best in residential, retail and commercial developments.

Often called “America’s Premier Address,” Las Colinas is the gem of Irving, and Las Colinas new developments are commonplace. Las Colinas new development for builders and developers is often a smart choice because Las Colinas epitomizes the ultimate location in the DFW Metroplex, a reputation for being one of the finest master-planned communities in Texas, and a hub for some of the world’s largest corporations.

Water Street

Water Street, an envisioned Las Colinas new development, will be located along the shore of Lake Carolyn, in the heart of Las Colinas. This development will be a hub for retail, dining and entertainment establishments, as well as luxury residences, office space and even a landmark hotel.

The developers of Water Street, Gables Residential and Urban Partners, expect this development to “become the heart and soul of Las Colinas.” Water Street, like other complexes in Las Colinas, is ideally located between Dallas and Fort Worth, as well as the DFW International Airport and Dallas Love Field.

Other features of Water Street will include:

  • 240,000 square feet of shops and restaurants
  • 250,000 square feet of office space
  • 600 luxury apartments
  • Boutique hotel
  • Art-house movie theater
  • Waterfront esplanade
  • Piazzas, loggias and lakeside restaurants

In response to the Water Street development, Irving has plans to build a DART light-rail system close by, as well as a $31-million parking garage and $16 million in land reclamation and plaza construction. The infrastructure plans are valued at $350 million.

Water Street will be located within a short distance to the Las Colinas Convention Center, and it will be located across O’Conner Boulevard from the Mustangs of Las Colinas sculpture. The Mustangs of Las Colinas is currently a large draw for Las Colinas, and it is Irving’s most popular tourist attraction.

Swiftly Growing DFW Areas to Watch in 2012

Tuesday, January 24th, 2012

This year will likely bring a multitude of cities within the Dallas-Fort Worth area that will experience significant growth. If you are searching for 2012 DFW real estate areas to watch, you need not look any further than the bustling areas of Southlake, Carrollton and Plano. These areas have consistently seen increases in employment, housing prices and real estate activity, and will likely continue do so throughout the new year.

Southlake

As one of the top 2012 DFW real estate areas to watch, Southlake is likely considered to be one of Fort Worth’s most successful cities. Located in the counties of Tarrant and Denton Counties, Southlake enjoys a prime location near Grapevine, Colleyville and Keller.

It wasn’t until 2008, however, that Southlake really began making a name for itself when it was named by Forbes.com as the most affluent community in the United States. In addition to its exceptional real estate opportunities, Southlake features such points of interest as Southlake Town Square and Bicentennial Park, a park with 74 acres of sprawling green space.

Plano

The Dallas population boom of the 1960s spurred the growth of Plano. Now, more than 40 years later, Plano is a popular area that features beautiful homes, impressive shopping and loads of outdoor recreational activities and parks.

Located near Dallas, Plano is now considered to be one of the most successful master-planned communities in North Texas. Plano has become a popular area in which to reside, in part because of the many corporations and business located here.

Points of interest in Plano include an historic downtown area and the shopping malls of Collin Creek and the Shops at Willow Bend.

Carrollton

Carrollton is a popular city in North Texas that boasts a prime location near the DFW Metroplex and the Dallas-Fort Worth International Airport. It was also ranked as one of the “100 Best Places to Live” by Money Magazine and one of “America’s Best Places to Move” by Forbes.

This area is also quickly growing in popularity because it is home to the Baylor Medical Center of Carrollton. Other points of interest in Carrollton include its 1,230 acres of parks and recreational areas and the Indian Creek Golf Club.

A Closer Look at Coppell’s Community Programs

Saturday, January 14th, 2012

Coppell may be a small city located in both Dallas and Denton Counties, but this DFW city enjoys a robust economy and a swiftly growing population. As such, Coppell new home communities are in high demand, and real estate values have seen steady increases, even during the height of the nationwide recession.

In addition to boasting many new home communities and countless amenities like shopping centers and public parks, Coppell has a number of fantastic community programs that support a strong community:

Community Gardens

The Coppell Community Gardens supports community gardens, as well as a farmer’s market and environment education. This community program is overseen by a group of dedicated volunteers who lend their time to provide a market for locally grown food and donate organic produce to needy families. The community gardens are also a valuable source for education on sustainability practices and youth community services.

Some of the programs within the Community Gardens program include: Share the Harvest, Adopt-A-Plot, Composting Education, and the Coppell Farmers Market.

Coppell Green Team

The Coppell Green Team is described as a “multi-tiered recognition program designed to foster environmental awareness and promote sustainable behavior.” It works alongside Keep Coppell Beautiful and the Coppell Chamber of Commerce to make sure businesses and organizations are taking the necessary steps to help the environment.

The goal of the Coppell Green Team is to promote environmental sustainability through environmental sustainable practices.

Keep Coppell Beautiful

Keep Coppell Beautiful is a program designed to encourage individuals and businesses to engage in activities to promote a beautiful city. Some of the activities and education overseen by Keep Coppell Beautiful include: encouraging waste reduction, litter prevention, beautification and environmental sustainability.

Just some of the awards granted to Keep Coppell Beautiful include: Keep Texas Beautiful Gold Star Affiliate (2011, 2010, and 2009), Keep Texas Beautiful Governor’s Community Achievement Award (2011), and Keep America Beautiful President Circle Award (2010 and 2009).

Some of the major events overseen by Keep Coppell Beautiful each year include: Clean Coppell City-Wide Cleanup, Coppell Earthfest, Texas Recycles Day, Texas SmartScape classes and tour, Denton Creek Clean-Up and the computer and electronics recycling program.

Real Estate ROI Since 2000

Wednesday, November 9th, 2011

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.

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

Get a Mortgage after a Dallas Short Sale or Dallas Foreclosure!

Monday, April 18th, 2011

Ever wonder how to and how long before you can get a mortgage after a Short Sale or Foreclosure on your credit report?

Currently the easiest mortgage to attain is a FHA loan:

1) 10% down payment, based on the purchase price of the home (e.g., $15,000 on a $150,000 home), or a gift from a family member of that same amount;

2) As a buyer you will need an additional 3 percent to 6 percent of the purchase price, on top of the down payment, for closing costs, or you could ask the seller to help you with contributing towards the closing cost; and last

3) 640 FICO credit score

Collin County

Monday, January 10th, 2011

Legacy Town Center in Plano is a mixed-use development that started over ten years ago. This well-known Collin county development has been called the most successful mixed-use development in North Texas and has, no doubt, had an incredible impact on the Collin County real estate market.

Existing-Home Sales Show Another Strong Gain

Monday, November 22nd, 2010

Washington, October 25, 2010 – Existing-home sales rose again in September, affirming that a sales recovery has begun, according to the National Association of Realtors

The West 7th Project: Where it Came From and Where it

Monday, November 1st, 2010

Many analysts say there is a pent-up demand for urban living in Fort Worth; if this is true, downtown Fort Worth condo buildings will surely experience growth and profits during the next few months.

Seventh Street Corridor at its Successes

The Seventh Street corridor is a fine example of the activity seen throughout Fort Worth