The president of a legacy homebuilding firm in North Texas is retiring later this year. Grapevine-based HistoryMaker Homes (HMH) recently announced the 2023 retirement of company President Lane...
Dallas’ Short-Term Rentals Await Decision
Short-term rentals in Dallas have been on the chopping block all year, and a recent vote could mean the same heading into 2023. Short-term rental (STR) is generally defined as the rental of all or...
Nonprofit Creates Template for South Dallas
A faith-based nonprofit has launched an "affordable housing formula" to tackle soaring home prices in North Texas. "Builders of Hope" is a Dallas-based nonprofit organization that seeks...
Former TX Prosecutor Sells Lakefront Resort
The owner of a lakefront resort in Upstate New York has sold the luxury property to relatives for $7.4 million. Former Texas prosecutor Ken McGurk purchased the Lakefront Terrace Resort (formerly...
Truist Bank Invests in Dallas Housing
LISC Fund Management (LFM), a wholly owned subsidiary of Local Initiatives Support Corporation (LISC), announced that the financial institution Truist had made a $10 million investment in November...
Local Bank Creates Small Business Space
Southern Dallas is getting a new collaborative community space to support small businesses thanks to Comerica Bank. Earlier this month Comerica Bank unveiled plans to build the new Comerica...
Luxury Uptown Office Gets New Owners
One of the priciest buildings in Uptown Dallas was just sold to a new set of owners. The McKinney & Olive high-rise is a landmark luxury office tower designed by the late renowned architect...
Dallas Developer Plans Local Rental Community
A North Texas district is set to receive a new rental community, as the region's apartment market growth continues to outpace others nationwide. A Dallas-based development group is planning to...
Maryland Firm Buys Another Dallas Property
A 10-story tower along the Dallas North Tollway just north of Galleria Dallas has been sold. Taiwanese investment firm Fidelity Commercial sold Wellington Centre to Maryland-based Pratt Street...
DFW Real Estate Poised to Outperform
Already enjoying a stellar run in recent years, the Dallas-Fort Worth real estate market is about to really take off. DFW is expected to be one of the top 10 real estate markets to outperform in the...
Dallas Passes Hensley Field Development Plan
The Dallas City Council approved a 20-year plan for the redevelopment of Hensley Field during the last meeting of 2022. Hensley Field is the site of the former Dallas Naval Air Station, a 738-acre...
$19 Million Home Listed in Dallas
A $19.9 million home and estate has recently been listed for sale in the Dallas area. Brokered by Douglas-Elliman, the estate rivals many palatial mansions and is one of the more stunning properties...
Local Housing Market Update
Dallas County Median Home prices increased by $6,145, up 11.8% from November of 2021! The average days on market is now 70 compared to last month's 62, overall 8 days more than November of 2021....
By Kylah Artz | Dec 15, 2022
$125M Downtown High-Rise in the Works
A new high-rise residential project is coming to downtown Dallas. South Carolina-based developer Woodfield Development has filed plans with the state for a 21-story, $125 million residential tower...
Texas Residents Buying Smaller Homes
With the average 30-year fixed mortgage rate in the United States sitting well over double where it was one year ago, it seems Texans are opting to buy smaller, less expensive homes. A survey...
Landmark Mixed-Use Development up for Sale
Mockingbird Station, one of Dallas' most iconic mixed-use developments, is now for sale. Located at Mockingbird Lane and North Central Expressway, the transit-situated property sits on prime North...
DFW Becoming a Warehouse Mecca
After months of supply chain disruptions led to reduced inventory on store shelves across North Texas, retailers are increasingly facing the inverse challenge: managing a glut of excess stock. Short...
Local Mall Slated for Demolition
The former Valley View Mall is in the local spotlight again now that a deadline is scheduled for the site’s last round of demolition. The final stage will take place by January 1, 2023, according to...
Hyatt to Acquire Dream Hotels
Hospitality giant Hyatt Hotels & Resorts is acquiring Dream Hotel Group's lifestyle hotel brand and management platform, including Dream Hotels, The Chatwal Hotels, and Unscripted Hotels brands,...
When to Refinance
Refinancing your mortgage is something most homeowners consider at least once throughout the lifespan of their home loan. It allows you to pay off your previous loan by applying for a new one that...
By Kylah Artz | Dec 5, 2022
Softening Demand Slows Developer Land Purchases
Housing developers and builders in North Texas and across the U.S. are scaling back production as elevated interest rates and high home prices discourage would-be buyers from entering the housing...
