Coldwell Banker opened its newest regional business center in Southlake. The facility consolidates operations in Colleyville, Southlake, and Keller. Company officials say that the unification of three smaller offices offers better access to marketing and support personnel. The 8,800-square-foot facility includes a large training space and will support 200 affiliated sales agents

“To have synergy and collaboration you really like to bring folks together,” Coldwell Banker Dallas/Fort Worth president Frank Obringer said. “What we’ve recognized is that if you are gong to support teams, you really do need to have some brick and mortar for those support people to come to.”

This is the fourth North Texas regional center Coldwell Banker has opened in the past 12 months. The other facilities include a new Arlington office, the Global Luxury office on Sherry Lane in Dallas, and a new facility near The Star in Frisco. Plans are also in the works to open a fifth regional center in the near future.

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Home Prices for Dallas-Plano-Irving are projected to increase in the coming years, according to Local Market Monitor.

Home Prices for Dallas-Plano-Irving are projected to increase in the coming years, according to Local Market Monitor.

Sure, economists are saying that the Dallas-Fort Worth area have posted new gains in 2014, and that home price growth for the North Texas metro areas is projected to increase in 2015 to the tune of 9 to 11 percent, but more and more people are starting to take a closer look at those numbers and see that, while it’s good news overall, home prices need to be viewed with greater local perspective. Afterall, the MSA that includes Dallas — Dallas-Plano-Irving — is vast and diverse. The same can be said for the Fort Worth MSA — Fort Worth-Arlington.

So, while we are encouraged to see both Local Market Monitor and CoreLogic give glowing reviews of the Dallas area and Texas as a whole, we need to get more specific data to get a clearer picture of home prices, home values, and where you can buy a property that will actually appraise. After all, real estate isn’t just local, it’s hyper-local.

In the Fort Worth-Arlington MSA, home prices will have a year-over-year boost of 9 percent, according to Local Market Monitor.

In the Fort Worth-Arlington MSA, home prices will have a year-over-year boost of 9 percent, according to Local Market Monitor.

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