Rental Market
In the last several months, we’ve seen a two-fold increase in mortgage rates. As the Federal Reserve raises benchmark interest to mitigate inflation, the costs associated with homeownership have risen significantly. While many builders, developers, and brokers are finding it difficult to navigate this changing climate, others are taking advantage of the shift with build-to-rent…
In 2022, the rent was too damn high. It’s almost become standard operating procedure for Dallas’ workforce to not be able to afford rent or a mortgage. Even affordable housing isn’t particularly affordable — and there’s not enough of it to meet the growing needs of the Dallas area. The national rent index showed the…
Staff Report Crescent Communities celebrated the official grand opening of its newest multifamily community in Dallas, NOVEL Turtle Creek, on Sept. 27. The 20-floor high-rise apartment community located in the iconic Turtle Creek and Oak Lawn area of Dallas features 206 luxury residences and has quickly surpassed the 50 percent leasing milestone. The grand opening celebration featured…
Anna will have 125 rental homes available in 2024 when Wheaton, Ill.-based Watermark Companies completes the new Canvas at Anna development.
Dallas-based Provident Realty Advisors is the latest to jump into the rental market fray, building 242 rental homes in Garland.
