Housing

Dallas Unveils $4.51 Billion Proposed Budget And ‘Reduced’ Property Tax Rate

By April Towery / August 11, 2022 /

Dallas administrators reviewed Tuesday the city’s $4.51 billion proposed budget for the 2023-24 fiscal year. The figure is based on a property tax rate of 74.58 cents per $100 assessed valuation, a reduction of about 2.75 cents from last year’s rate. City Manager T.C. Broadnax said the proposed tax rate reduction represents the largest decrease…

What Do You Do With an Old Newspaper Building?

By Bethany Erickson / August 18, 2019 /

It’s been a month and a day since it was announced that Ray Washburne’s Charter DMN Holdings had purchased the former Dallas Morning News headquarters on Young Street. Known by many as the “Rock of Truth” because of the words etched on the front, Washburne’s company purchased the campus for $28 million, paying $5.6 million…

What Should Be Done With an Old Shopping Mall?

By Bethany Erickson / July 28, 2019 /

We’ve talked before about what can be done with mothballed schools, and decommissioned churches. But the closure of Collin Creek Mall in Plano this week gave rise to another question: What could be done with an old mall? After all, many analysts believe the number of shuttered malls will only grow. “There are still…

Dallas Housing Market Doing Quite Well, But It’s Still Not Miller Time

By Candy Evans / October 2, 2012 /

Clear Capital, a California-based housing and finance analyst, says we can be downright proud of our market: Dallas-Fort Worth home prices will rise by another 1 percent during the next six months. The good news: more markets are improving than not, should sustain the slow winter and come out with a roar come spring. In…

It’s The Lending, Stupid. Here’s What The Government Can Do To Help Housing Get Out of the Funk

By Candy Evans / January 23, 2012 /

We see it even in Texas: price declines, low mortgage rates and rising rents have made owning more affordable now than renting. But despite agents’ most positive view of the Dallas real estate market, housing is still kind of stuck in the mud, even here. Many markets report continued price declines, while Dallas is struck by another problem: lack…