Plano is one of the safest cities in the U.S., national data shows rent prices are increasing, and Americans don’t know what to expect when it comes to closing costs, all in this week’s roundup of real estate news.
Plano Named One Of America’s Safest Cities
In this climate of school shootings and anthrax-laced greeting cards, it’s a high honor to be the No. 3 safest city in America. That’s just what Plano was deemed by personal-finance website WalletHub’s 2019 report.
“To determine where Americans can feel most protected against life’s hazards, including nonphysical forms of danger, WalletHub compared more than 180 U.S. cities across 41 key metrics,” said Diana Polk, a spokeswoman for WalletHub. “The data set ranges from assaults per capita to unemployment rate to road quality.”
For many of us, the last time we thought of “Roanoke,” we were thinking of the home of the Blue Ridge Mountains in Virginia – not a city in Denton County, Texas. But when looking for a three-bedroom home with a price tag of less than $200,000, Roanoke looks pretty good.
This charming house with the red door on North Walnut Street is cozy at 966 square feet, but it has a nice kitchen, a cute covered back porch, and a huge yard with towering trees for pets or a neighborhood barbecue.
Rent in Dallas has gone up 2.2 percent year over year, but plenty of diamonds in the rough are available for those who broaded their search parameters outside of Dallas city limits.
A new December 2019 Apartmentlist.com study found:
- Rents in Dallas have remained flat over the past month, however, they have increased 2.2 percent year over year.
- Dallas’ median two-bedroom rent of $1,136 is below the national average of $1,191.
- Over the past year, rent increases have been occurring not just in the city of Dallas, but across the entire metro – of the largest 10 cities that Apartmentlist has data for in the Dallas metro, all of them have seen prices rise.
Fun Find In Frisco
First things first – there are a ton of rental properties in Frisco. I choose Rentals of the Week based on good prices, good locations, or a unique or special feature about the home. This week I chose Frisco and scrolled through dozens of listings in search of a two-bedroom abode, since this study specifically mentions the median rent of a Dallas two-bedroom being $1,136, slightly below the national average. (more…)
Do yourself a favor and say yes to this stunning Frank Lloyd Wright-inspired treasure in the Preston Royal Northwest Neighborhood.
This home we’ve dubbed the Jamestown Jewelbox is a piece of art. Built in 1960 and completely renovated this year by Schultze Signature Homes, the $1.25 million showpiece leases for $15,000 per month – worth every penny for 4,156 square feet of perfection. With four bedrooms and four bathrooms, it’s not outrageous, but rather functional with some definite bragging rights. And you could still get lost in the master bedroom.
About 7 percent of Millennial renters in the Dallas metro area expect to rent forever, America’s priciest real estate markets revealed, an architectural lecture is set for Dec. 3, and a $1.5 billion mixed-use development is underway in Lewisville, all in this week’s roundup of real estate news.
Small Percentage Of Dallas Millennial Renters Plan To Never Own A Home
Apartment List recently studied Millennials and their plans for homeownership, finding that many are content with life as a renter.
Olyvia Ruhlmann of Apartment List released the following findings, specific to the Dallas area:
This home in the Fort Worth culture center has quite a few “wish list” features – most importantly, a price tag you can actually work with, especially as those holiday gift bills stack up on your granite countertop.
Selling point No. 1 – It has a cool address. It’s not exactly Madison Avenue, but it is Mattison Avenue, and, hey, that’s close enough, right?
Selling point No. 2 – Four bedrooms for $4,000? You can’t beat that.
I believe this house is what the cool kids call “fire.”
Yep, if there were an emoji explanation for the 2018 estate at 1000 Cool River Drive in Southlake it would be the little orange flame, the smiley face with its eyes bugging out, or the house emoji to signify that this is, in fact, home to the lucky family who snatches it up.
All the usual special features are offered: four-car garage, large game room, spa-like master bath, dream kitchen, iron spiral staircase, you name it.
This house is so cool, the word “cool” is in the freakin’ address.
I can’t help but get excited when I come across a Weekend One Hundred that’s so great, I kind of want it for myself.
This home at 10419 Fern Drive, Dallas, is listed at $199,900 and it’s cute, clean, and just what a young family might need, in a great location near White Rock Lake.
Listed by Sam Bullard of Bullard Jones Group, the house is 1,128 square feet with three bedrooms and two full bathrooms. It’s one of the last neighborhoods – Centerville Terrace – where a home can be found for less than $200,000, Bullard said. (more…)