Dallas real estate news

Mehrdad Moayedi Buys the Phil Romano Estate on Strait Lane

By Candy Evans / June 12, 2014 /

The Statler Hilton, The Stoneleigh, and more than 40 residential developments in North Texas, Austin, Houston and San Antonio, are not the only properties owned by developer Mehrdad Moaydi and his vast land-snatching Centurion Development Company. Yesterday, Mehrdad closed on Phil Romano’s gorgeous 10660 Strait Lane that has been on the market since about 2004,…

The New Homebuilding Boom: Land Shortage and Jobs Drive New Home Starts

By Joanna England / June 12, 2014 /

The big takeaway from this morning’s homebuilding panel at the National Association of Real Estate Editors spring conference is that land — more specifically, the lack thereof — is responsible for our lagging new home inventory and the dearth of new home starts in the nation. And while the pool of potential homebuyers is relatively…

Inwood Mortgage Home of the Week: Anton Korn, Stained Glass and a Lucite Bathtub

By Candy Evans / June 12, 2014 /

I am in Houston attending the National Association of Real Estate Editors annual spring conference, along with Joanna, and I just got back from a private tour of River Oaks. Mama mia, I am still on the House Porn high! So I bring you a version of the very type of homes one finds in…

Lease of The Week: Dallas is a Top Market For New Grads Who Will Adore This Incredible Apartment

By Joanna England / June 11, 2014 /

Word comes from Homes.com that Dallas is the second to only Atlanta as one of the best cities for new college graduates to thrive in. Our average starting salary, reasonable rents, low unemployment rate, and higher-than-average number of nearby colleges and universities makes us a great place to live for debt-crippled former students who have…

Counselors of Real Estate List Top 10 Issues Facing Market, And No. 6 Will Stun You

By Joanna England / June 11, 2014 /

We’re reporting from the National Association of Real Estate Editors Houston Conference today and it has been an incredible morning just stewing with new information. The opening remarks were especially mind-boggling, as Counselors of Real Estate chair Hugh F. Kelly listed the top 10 issues facing real estate now and into the future. “The list…