Affordable housing
By Phil Crone Executive Officer, Dallas Builders Association Dallas and surrounding areas have obviously experienced remarkable growth over the last few years, especially with commercial construction and multifamily. Residential development struggles to keep pace with builders primarily focusing on infill lots and small-scale, shared access projects. Dallas permitted just over 2,000 homes last year and is…
From staff reports How much do you need to make per year to afford a home in Dallas? According to one report, less than $60,000. But is that true? According to CNBC Make It, they’ve identified 15 cities where the qualifying income to purchase a home with 10 percent or 20 percent down is an…
We’ve talked before about what can be done with mothballed schools, and decommissioned churches. But the closure of Collin Creek Mall in Plano this week gave rise to another question: What could be done with an old mall? After all, many analysts believe the number of shuttered malls will only grow. “There are still…
As Dallas dirt becomes more and more pricey, we’ve been keeping our finger on the pulse of our close-in suburbs for good deals you just can’t ignore. One such suburb is Mesquite, which is proving to be one of the next big areas primed for investors. And this listing from Bobbie Jo Glover of Compass’…
From staff reports The good news? A person with a high school diploma could (in theory) afford to buy a home in North Texas. The bad news? It will probably take seven years (at least) to save the down payment. A new Zillow research report matched median mortgage payments in the country’s 50 largest metro…
