NYC: Dallas-Plano-Irving holds the #5 spot among metro areas that have recovered most since the recession, according to HSH.com. Dallas prices are 35% above pre-housing crisis peaks. Austin is at #2, with prices 44% higher, Houston is at #3, and Fort Wroth at #6.
Dallas: Big D still means Development. The former 2,000-acre Circle T Ranch on SH114 may become a corporate office campus with over 1 million square feet of office space, 750 apartments, 200-room hotel and 80,000 square feet of retail and entertainment. 370 acres of Mercer Crossing in Farmers Branch on LBJ at Luna Road will be used for about 800 homes, 3,500 apartments, a 48-acre office campus, boutique hotel, shopping and entertainment. A 25-story condominium and hotel project is due across the street from the Meyerson Symphony Center between Flora Street and Ross Avenue. The tower will feature a 218-room boutique hotel and 44 luxury condominium homes. And a redo of the 22-story, 180,000 square foot former Mercantile Commerce Building will add 260 hotel rooms to the central business district.
Dallas: In third quarter, US home prices gained 5.5% while DFW jumped 8.5%, according to the NAR. Austin was up 7.4%, Houston 7.3%, and San Antonio 6.9%. Many of the metro areas with the fastest price appreciation over the past year are in the South.
For all of our clients and friends hearing the news that Warren Buffet purchased our firm Allie Beth Allman & Associates and wanting to know what to expect going forward:
“I’m so pleased to be the first real estate company in Texas to share the Berkshire Hathaway brand, which stands for financial strength, integrity, and operational excellence. Our core values are the same. We will be able to innovate faster, expand our reach, and have the opportunity to offer integrated real estate services. We will also have access to referrals from the Home Services of America network of independent companies. There won’t be any changes – our name stays the same, our team stays the same, our office location stays the same. This is a fantastic win/win for our agents and our clients.” – Allie Beth Allman
Doris Jacobs is Allie Beth Allman & Associates’ 2014 #1 Top Individual Producer with $50+ million in sales. This is an honor Doris has held 11 TIMES since the firm’s conception in 2003. The achievement was recently announced by Pierce Allman at the firm’s 2014 Awards Breakfast, which was held on Thursday, February 12th at Dallas Country Club.
We are thrilled to announce that Doris Jacobs is Allie Beth Allman & Associates 2014 #1 Top Individual Producer with over $50+ million in sales, an honor she has received 11 TIMES since the firm’s conception in 2003.
Thank you to our fabulous clients for your continued support throughout the years and in 2015!
Dallas: DFW homes sales have leveled, but homes priced at $1 million and above rose 15% in 2014, according to new TAR data. Economists at the A&M Real Estate Center say the state’s economic growth is propelling the luxury home market. Currently about 880 DFW homes are listed for above $1 million. Allie Beth Allman & Associates sold 290 million-plus homes in 2014.
Dallas: DFW home sales rose 6% in September over a year ago. To date, 69,216 single family homes have sold in North Texas, a 1% drop from 2013. In September, 7,841 DFW homes sold, according to NTREIS data. Median prices were up 8% and inventory is down 10%.
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