Dallas Real Estate News

Latest California-to-Texas Migration Numbers Reveal Surprise, Plus Other Reports

By Tommy Cummings / January 11, 2021 /

The projection of Californians migrating en masse to Texas for job opportunities and lower taxes in 2020 wasn’t quite as drastic as first believed, according to U.S. Census Bureau data. In 2018, a Texas Realtors Association report showing Californians were migrating to Texas at a more than 2-to-1 rate showed no reason to think it…

Collin, Denton Counties Saw Sizable Increases in Monthly Home Sales

By Tommy Cummings / January 5, 2021 /

Sales of single-family homes by real-estate agents were up more than 30 percent from a year ago in Collin and Denton counties, according to the MetroTex Association of Realtors’ November sales reports. The county-by-county market statistics are compiled by the Dallas-based group and supported by the Real Estate Center at Texas A&M University. Collectively in…

Developer to Raze Entire Block, Build New Duplexes Near Love Field

By Tommy Cummings / January 4, 2021 /

Lou Olerio, who has been a real-estate developer for nearly 20 years, has a certain style when it comes to the homes he builds. He likes timeless exteriors and transitional interiors with clean aesthetic lines. Now, Olerio hopes to bring that style to his new project. Last month, he purchased an entire block of houses…

Flip or Flop in Dallas-Fort Worth? Data Tells the Story, Plus Other Reports

By Tommy Cummings / January 4, 2021 /

The good news on house flipping: Profits are the highest in 20 years, including in the Dallas-Fort Worth area. The bad news: Fewer are doing it, although you can’t be sure what with all the house-flipping shows on TV, such as the Vanilla Ice Project. Except for the Vanilla Ice part, those findings are part…

Here Are 3 Housing Options in Austin For Elon Musk, Our New Texan

By Tommy Cummings / December 28, 2020 /

It looks like California’s continuing exodus into Texas will include Tesla CEO Elon Musk. In face of COVID-19 restrictions this spring, Musk tweeted that he’s had it with California and will be taking his business from Palo Alto, Calif., to Austin, where he’s building a new factory. But the next speculation: Where exactly will Musk…