Dallas proper posted moderate rent increases, but it was the area suburbs and exburbs that saw the biggest apartment rents in 2018, RentCafe revealed in a recent report.

Flower Mound posted the highest rent at $1,526 (despite only having a minimal increase of 0.1 percent), higher than Farmers Branch and Frisco with average rents of $1,382 and $1,343, respectively. In Coppell, rents have stagnated, decreasing by 1 percent year over year. (more…)

Man and the land. One of the most wonderful things about living in Texas is, I believe, the fabulous access to land we have in our outlying communities. Sure, we are getting ever more vertical in our urban cores — and that’s great — but then sometimes, some of us want to go home, put the phone on mute, settle back with a glass of wine (Prosecco, if you must know) and just relax.

And wouldn’t you just love relaxing with a home-on-the-range view like this one?

I am obsessing over all you get with this brand new, lived-in-just-one year build by Integrity Homes in La Cantera, on the western edge of Fort Worth, one of the area’s most elite, private, guarded and gated neighborhoods. The community is situated on one of the highest points in Tarrant County. First of all, 1.182 acres. Yes, you read that right, and when you see the price of this home you are going to tell me I’m lying. I can hardly wait for this listing to make it’s way across the internet to California… folks out there will salivate.

The home at 4924 Arbol Court was built in 2017 by Integrity Homes in 2017. And that giant acreage lot is, by the way, on a corner in gated and 24-hour guard-secured La Cantera.

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Spanish Revival at its finest

Built in 1928 but updated to 2019, you’ll find an amazing property at 2308 Winton Terrace West. (Photos: Trey Freeze Media)

It’s not easy to do. It takes time, patience, money, and certainly skill. I’m not talking about negotiating the government shutdown stalemate, I’m talking about perfectly mingling new materials and construction into an older home. What did you think I was talking about?

Think about it — most contractors want to simply tear down an older home and not mess with the hassle and painstaking fuss that comes with reviving it.

Spanish Revival flair

Beautiful barrel ceiling in formal living with upstairs catwalk

It’s also a tedious job, as many sizes of doors, windows, bathrooms and certainly closets were not up to the standard of savvy 2019 buyers.

When it’s done correctly, it’s a thing of beauty.

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home buyingWho is most likely to have home buying as a goal this year? Will remodeling and home improvement spending continue to grow?  We look at this and more in this week’s roundup of real estate news.

Four Percent List Home Buying a 2019 Goal

Four percent (about 10 million Americans) said buying a new home was their main financial goal for the year — and millennials were the most likely generation to claim that as a goal, a new Bankrate survey revealed.

Seven percent of millennials said they wanted to buy a home this year.

But that doesn’t mean financial goals aren’t being set. Bankrate’s survey revealed that about 89 percent of Americans have at least one goal for the year, with paying down debt being at the top of the list, with three in 10 saying that was their goal, followed by better budgeting (13 percent), saving more towards retirement (12 percent), saving more for emergencies (10 percent), getting a higher-paying job (6 percent), and investing more (5 percent). (more…)

recessionThe two Metropolitan Statistical Areas that encompass Dallas-Fort Worth ranked in a recent list of top 10 metros that have recovered the most from the Great Recession, HSH.com said.

But that recovery isn’t all that usual — 27 major cities still haven’t seen home prices recover peak values they were posting pre-recession. But that number is dropping, HSH said, and so far, 73 U.S. home markets seen complete recovery.

Dallas-Plano-Irving found itself in fourth place, with home prices 68.51 percent above peak). Fort Worth-Arlington was fifth, at 59.85 percent above peak.

Three more Texas metros found themselves on the recession recovery list as well: Austin-Round Rock at No. 2 (72.55 percent), Houston-The Woodlands- Sugarland at No. 6 (57.05 percent), and San Antonio-New Braunfels at No. 8 (44.47 percent).

“Although the Denver-Aurora-Lakewood, CO metro still holds the top slot, Texas markets dominate the most recovered group, holding five of the 10 slots,” the company said.

Additionally, El Paso made the company’s “nearly recovered” list, signaling that its current values are only one or two percent below previous peaks, and that the city is likely close to making that “fully recovered” list, possibly even by the next quarter.

The rankings are determined by using the Federal Housing Finance Agency’s Home Price Index to determine which markets have recovered fully and which ones are still lagging.

Christmas lights

As Christmas creeps closer, and the nights get longer, you can ask just about any North Texan — checking out the homegrown light displays in various neighborhoods is as much a tradition as tamales and NorthPark Santa.

But do you worry you’re missing out on a great neighborhood? Or are you new to the area, and don’t have the skinny on the great displays? Fear not — CandysDirt.com staffers have been quizzing readers, scouring the Internet, and strapping jingle bells on our gumshoes to find some of the best neighborhood and city-led decoration displays in Dallas-Fort Worth.

And thanks to one of our favorite luxury Realtors, Christy Berry with Compass, and CandysDirt.com, you can check out our list of great cruising spots this holiday season. Think you might want to find a house in a neighborhood that embraces their inner Clark Griswold, or maybe something a little uh, more Martha Stewart? Stay tuned, because Christy has a listing to share that could get you right in the middle of Christmas central. (more…)

Magnolia West

Realtor John Zimmerman with Compass is hosting a progressive open house party (complete with Texas-OU game watching and noshes at every home) in the latest and greatest private gated community, Magnolia West. The event is Saturday, Dec. 1, and begins at 11:30 a.m.

Westworth Village is a growing enclave just outside Fort Worth, but don’t let the small-town population fool you — it’s close to some of the best amenities Fort Worth has to offer, and the private, gated Magnolia West community puts you right in the thick of everything.

Magnolia West is perched across the street from Shady Oaks Country Club, and is close to the Fort Worth Cultural District, museums, West 7th Street, restaurants, shopping, and plenty of entertainment venues.

And the community also offers some of the best luxury home builders in the area, too, crafting high-end custom, single-family homes that start in the $700,000 range on up — including JAAVA Custom Homes, Village Homes, and Integrity Homes.

And as we mentioned yesterday, if you’ve got a hankering to check out the private neighborhood,  Compass’s  John Zimmerman  is hosting one doozy of a progressive-style open house, complete with plenty of things to nosh on, wine to taste, and yes, the Texas-OU Big 12 Championship showdown at every home you visit (more details on that here). There will also be shopping opportunities with local vendors, so bring your Christmas lists!

But wouldn’t you like a sneak peek? Because we can give you a glimpse of one of the homes on the tour — 157 Magnolia Lane, built by JAAVA Custom Homes (but trust us, you need to go see this home in person, too!). (more…)

Magnolia West

This Magnolia West home at 157 Magnolia Lane was built by JAAVA Custom Homes, and is one of several guests can tour at a holiday event this Saturday hosted by the John Zimmerman Group.

The John Zimmerman Group has come up with a fool-proof way to get a little holiday shopping done, check out Fort Worth’s Magnolia West community, and even catch the Texas-OU Big 12 Championship this Saturday, all in the same place.

The Realtor, who is with Compass, has planned a progressive event that will allow visitors to move from home to home in Fort Worth’s new gated neighborhood adjacent to Shady Oaks Country Club and Westworth Park. The event will run Saturday, Dec. 1, from 11:30 a.m. to 3:30 p.m., with a wine tasting at 201 Magnolia Lane at 3 p.m., hosted by Napa Valley winemaker Modus Operandi Wine.

JAAVA Custom Homes also built 201 Magnolia Lane, which will be the site of a wine tasting with Modus Operandi Wines.

Bites will be courtesy Ellerbe Fine Foods, Joe Riscky’s Barbeque, Lettuce Cook, Campisi’s, and Lonesome Dove (each home will feature a different popular Fort Worth restaurant), and holiday cocktails will also be served. (more…)