Dallas Homebuilding
Why are single-family homes in Dallas so expensive? In a word: Scarcity. It’s getting better, says Jon Anderson, but not quickly.
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Last week, the Trump Administration announced a new tariff of up to 24 percent on Canadian lumber. According to a report by CNN Money, Canadian lumber accounts for nearly a third of all lumber used in the United States, and the new duty could raise the price of homebuilding by six percent, on average. “For…
Read MoreThanks to nearly two months of non-stop rain, DFW homebuilders are experiencing major delays and expect months of playing catch-up even though it has stopped. Based on weather forecasts, that break might finally be here! More than 26 inches of rain have fallen at DFW International Airport so far this year, including a record-setting 3.3 inches…
Read MoreLuxury homebuilder Mickey Munir is no stranger to the Preston Hollow area—he’s been building remarkable houses there and all over Dallas for 35 years. As founder and CEO of Sharif & Munir Uncustomary Custom Homes, Munir is spearheading another development in the area, Iris Hollow. The eight houses in Iris Hollow, which start at $2.35…
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With Texas and Dallas clocking in a small uptick in inventory, everyone’s wondering if we the market is poised to stabilize soon and if our time of scarcity and rising prices is over. According to the latest report from CoreLogic, not so much. “Home prices are continuing to rise fueled by ongoing tight supply, low…
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