You can help residents of the Elan City Lights, who were displaced after a crane destroyed their apartments June 9. We also see how Texas fared in a look at buyer traffic, and see what home sales looked like in the Dallas-Fort Worth region.
All of this is in this week’s roundup of real estate news.
Big Al’s Smokehouse Joins with Corning, Conomos to Raise Funds for Elan Victims
In an effort to raise funds for the more than 500 residents of the Elan City Lights, who have been displaced after a crane crashed into the apartments June 9, a local barbecue joint has paired with two broadcasters to help ease their transition into new housing.
Dallas’ Big Al’s Smokehouse will host Aid for Elan Tuesday, June 18 from 4 p.m. to 7 p.m. at their 3317 Inwood Road location. Ron Corning and broadcaster (and Realtor) Alexa Conomos (now of the vodcast morning after) are organizing the event, as well as hosting a live broadcast.
A portion of the sales during the event will be donated, and attendees are encouraged to donate cash and/or gift cards for Target, Walmart, Lyft, or Uber at the event.
The donations will go to the displaced tenants, who were forced to permanently and immediately vacate their homes, leaving most of their possessions behind.
Partners for the event include Rahr & Sons Brewing, Dallasites 101, Dog & Kitty City, Goodwill, Lemons to Aid and Summit Trucking. AID FOR ELAN is supplementing a drive organized by Dallasites101, which is collecting clothes, food, water bottles, dog food, kitchen supplies, and toiletries at five businesses around Dallas and aggregating volunteers to assist the residents.
Corning and Conomos will broadcast from the event, with live streaming here.
Buyer Traffic Strong in Texas, NAR Says
Dallas, Austin, Have Highest Median Home Prices in State
Texas home sales reached a record-high 30,000 in April thanks to lower mortgage rates and a robust labor market, the Texas A&M Real Estate Center’s Texas Housing Insight said.
While Dallas and Austin had the highest median prices at $288,800 and $303,800, the overall growth of their medians was flat. By comparison, Houston’s median of $241,250, and Fort Worth’s median of $237,100, were exemplars of steady year-over-year growth to the tune of 2.2 percent and 3 percent, respectively.
San Antonio posted the biggest gain in the median at 4.3 percent. The city’s current median home price is $227,300.
Statewide, the median home price increased to $238,000.
Source: Texas A&M Real Estate Center