Photo by Simon Luna photography

Corsicana invites you into their booming downtown and onto the porches of their historic Carriage District this weekend with their Inaugural Porchfest and Crafternoon. You may have heard of the Porchfest craze sweeping the nation musicians playing on grand porches of neighborhood homes for a family-friendly afternoon of socializing and entertainment. (more…)

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We already know that, due to factors like job availability and housing affordability, Millennials enter the housing market later than any other previous generation. But a surprising number of 18 to 34 year olds aren’t just not buying their first homes, they’re still living at home.

Millennials represent the most diverse, best-educated segment of our society. They’re also the largest, making up nearly a third of the current population. But according to a recent study by ABODO, they’re also the most reluctant to leave the nest.

“This generation of 18- to 34-year-olds is more likely to be living with their parents than to be in any other living situation — such as cohabitation with a spouse or significant other, or living alone or with roommates — for the first time in more than 130 years.”

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Tony Ruggeri, co-president of Republic Property Group, the folks who have brought us (among other developments) Lantana, Phillips Creek Ranch and Light Farms, is gearing up for a big day at Javits Center in New York City at the Urban Land Institute’s Fall 2014 meeting on Thursday. And we could not be more proud of him! Tony, all of 33, is one of the youngest developers, and the first from Republic Property,  to address the esteemed international group convening this whole week at the venerable ULI — I know half of Dallas’ commercial real estate world is there. I’ve been to a couple ULI meetings and they are fabulous — almost went to this one, in fact. Walter Isaacson is giving the closing keynote today — oh to be a fly on the wall!
Tony is going to talk “how to sell to millennials by a milennial”, something he knows a whole lot about. He and partner Jake Wagner have been building Light Farms, one of the country’s most unique family-oriented developments: a 908-acre master-planned community with schools in the acclaimed Prosper Independent School DistrictLight Farms offers green living and so many amenities to attract millennials — robust hike and bike trails and programs, green living, communing with neighbors  — sales of $200,000 plus homes have boiled over. Truly, Light Farms has become a standard for millennial living in North Texas. Like one developer told me, millennials are making a bee-line from Uptown to Light Farms as soon as they have a baby.

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