Affordable housing
Thanks to a new interactive tool, we now know what opportunity looks like in all areas of Dallas. And that tool confirms what many who follow income disparity have known all along — it frequently is manifest most in geography, where decades of policy have wrought pockets of opportunity gaps throughout the city. The Opportunity…
How did North Texas fare in a ranking of overall best housing markets in the U.S.? How far has the Dallas-Fort Worth apartment market come in recovering after the recession? How much of their income is the average Dallas-Fort Worth homeowner spending on housing? All this and more in this week’s review of real estate…
In an area where more affordable housing is dear, it’s becoming more and more rare to get a press release announcing that someone is entering that market in Dallas. But Napali Capital, a Southlake-based investment firm, has done just that — twice. Last month, the private investment firm announced the acquisition of the Westwood Apartments,…
Even though housing sales in Texas fell 3.2 percent, demand is still strong, the Texas A&M Real Estate Center’s June Housing Insight revealed. The same report revealed that Dallas’ affordable housing problems aren’t anywhere close to abating. The report said that the Texas Residential Construction Cycle (Coincident) Index reached its highest level since 2008 last…
As new construction of single-family homes continues to become more expensive, even existing homes in affordable price points can be as fine as hen’s teeth in high-demand areas like the Bishop Arts District of Oak Cliff. But one community development corporation is aiming to change that — starting with one condo development. It’s been a…