Best real estate markets 2016

Nearly a decade after the housing crisis that sent the U.S. economy into freefall, housing is most certainly back—just look at our DFW market. Citing U.S. Census Bureau data, the New York Times recently reported that sales of new single-family homes nationwide were higher this past July than in nearly 10 years.

Nationwide, a company that tracks the health of U.S. real estate, reported at the end of quarter two that “the overall U.S. housing market is sustainable,” adding that “few regional housing markets are vulnerable to a housing downturn.”

In a new study, financial services site WalletHub compared 300 U.S. cities across 16 key metrics to help prospective home buyers find the most attractive real-estate markets. Their data set ranges from “median home-price appreciation” to “housing affordability” to “job growth.”

North Texas cities scored big: Frisco, McKinney, Richardson, Allen, and Plano made their top-ten list of best real estate markets nationwide in 2016. Denton, Carrollton, Fort Worth, Irving, Grand Prairie, and Dallas scored in the top 50.

So what made DFW cities score so high?

“North Texas cities have healthy and sustainable real estate markets,” said WalletHub analyst Jill Gonzalez. “Very few homes have negative equity, home appreciation in the past seven years has continued to increase, and foreclosure rates are extremely low. In addition to having a healthy real estate market, these cities are affordable with low maintenance costs and cost of living. Not to mention, the economic environment in North Texas is thriving, boasting some of the lowest unemployment rates in the country (under 3 percent across the board).”

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2272 Longwood Front

Longtime CandysDirt.com fan Laquita Vickers sent us this week’s Friday Four Hundred, a listing from RE/MAX DFW Associates agent Donna Bradshaw.

Vickers says this cutie pahtootie of a patio home is not only in a fantastic location, but it is on a corner lot with a manicured side-yard right next to a planned greenbelt in the Austin Waters subdivision of Carrollton. Though it’s in Denton County, this neighborhood is close to the planned Toyota headquarters and if you need to go hug a tree, just head to the nearby 200 acre Arbor Hills Nature Preserve.

Let’s jump to find out more!

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old town 2

Old Town Lewisville. Photo courtesy of the city of Lewisville

When you think of hip, fun destinations to live, work, and play in the Dallas-Fort Worth area, the city of Lewisville is not usually at the top of the list.

But city leaders in this northern suburb of almost 100,000 residents are changing that as redevelopment moves into full swing in the Old Town area. New houses, townhomes, restaurants, and retail shops are all in the works as developers and entrepreneurs take note of the changing atmosphere.

“Everybody has been hyper-focused on Collin County, but these changes in Lewisville will give people another option,” said David Maez, Broker and Co-Owner at VIVO Realty, which represents the developer Belleville Village, the builders of Uptown Village Lewisville townhomes near East Main Street and East Mill Street in Old Town. “It’s close to Lewisville Lake, close to the airport, close to I-35, which makes it easy to get to Dallas. These changes will make that area more appealing for buyers, especially younger professionals.”  (more…)

4145 Woodland Trail

There are low-maintenance people all around us, I hear. They like things simple, compact, and easy to take care of. They don’t own pets, they don’t have mounds of dirty laundry in their utility rooms, and they probably run the dishwasher every day.

I am not one of those people.

Woodland Trail Kitchen

Still, I admire these folks who like to live life without excess, enjoying the non-tangible things in life more than things, plated with gold, coated in silk, and dipped in chocolate. They want a tidy house with plenty of space but no maintenance, right? Well, I think I found it in this Carrollton townhome.

Woodland Trail Dining Living

With four bedrooms, three baths, more than 1,800 square feet, a two-car garage and a very quiet neighborhood, 4145 Woodland Trail makes an excellent rental for any low-maintenance person. And at $1,625 a month, it’s a complete value.

Woodland Trail Master

The location is fabulous, too. You’re just moments from both the Dallas North Tollway and the President George Bush Turnpike, and you’re just south of The Lakes at Castle Hills, a great community with an even better golf course. If you enjoy heading out to the lake, well, let’s just say that Lake Lewisville is close enough that you’ll probably want to go ahead and rent a boat slip, too!

Woodland Trail Master Bath

Sound like your kind of house? Contact Jason Lucas at LocalDwelling.com.

Woodland Trail Patio

4145 Woodland Trail

There are low-maintenance people all around us, I hear. They like things simple, compact, and easy to take care of. They don’t own pets, they don’t have mounds of dirty laundry in their utility rooms, and they probably run the dishwasher every day.

I am not one of those people.

Woodland Trail Kitchen

Still, I admire these folks who like to live life without excess, enjoying the non-tangible things in life more than things, plated with gold, coated in silk, and dipped in chocolate. They want a tidy house with plenty of space but no maintenance, right? Well, I think I found it in this Carrollton townhome.

Woodland Trail Dining Living

With four bedrooms, three baths, more than 1,800 square feet, a two-car garage and a very quiet neighborhood, 4145 Woodland Trail makes an excellent rental for any low-maintenance person. And at $1,625 a month, it’s a complete value.

Woodland Trail Master

The location is fabulous, too. You’re just moments from both the Dallas North Tollway and the President George Bush Turnpike, and you’re just south of The Lakes at Castle Hills, a great community with an even better golf course. If you enjoy heading out to the lake, well, let’s just say that Lake Lewisville is close enough that you’ll probably want to go ahead and rent a boat slip, too!

Woodland Trail Master Bath

Sound like your kind of house? Contact Jason Lucas at LocalDwelling.com.

Woodland Trail Patio