fort worthWe talk a lot about the downtown Dallas skyline and the amazing views you can get from high-rise life there, but in today’s look at available rentals, we’re trekking over to downtown Fort Worth, and the Neil P.

We’ve talked about the Neil P. before — our Eric Prokesh took a look at the building’s history when he wrote about a ninth-floor unit that was for sale. The historic building had it’s beginning as the Neil P. Anderson Cotton Exchange, designed and constructed by the leading Fort Worth architectural firm Sanguinet and Staats in 1921. (more…)

For a Realtor that trades in luxury real estate, John Zimmerman is hitting the accelerator. As one of Fort Worth’s leading residential agents, Zimmerman has made a name for himself marketing the biggest and the best estates in Cowtown. That’s still his milieu, but he’s also marketing something completely new to Tarrant County.

It’s the answer to some very pressing questions: What’s a guy to do when the garage of his dream house no longer fits all of his toys? What’s a guy to do when he has an empty nest and downsizes to a high-rise, condo, or townhome where parking is limited? What’s a guy to do when his car club has outgrown its current digs, but he’s ready to upgrade to a space of his own?

Those guys need Motorplace USA, Zimmerman says. “Motorplace USA is the first of its kind in Fort Worth,” he added.

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Blackwood Homes

Photos courtesy of Blackwood Homes

We love home before-and-after photos because there’s something just so satisfying about seeing a transformation (Scroll to the end for the photos; it’s worth it!). This home at 6713 Genoa Road in Fort Worth is no exception. Recently appraised at $355,000, this three-bedroom, three-bath, 2,028 square-foot home has been drastically reduced to $300,000! This 1975-built ranch style has been redone completely from top to bottom with the help of wonder-doer Blackwood Homes, which handled design, project management, and staging for this home listed by Laura Swearingen Realty Group.

As you walk in, you can see the many possibilities in this open floor plan with a large living area that flows into the dining area, kitchen, and breakfast nook. Plus Blackwood’s choice to stage with mid-century inspired furniture brings out the charm and style of this incredibly affordable home. (more…)

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.