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.

Las ColinasAh, Las Colinas —  we rarely make our way over there, and honestly, we’re remiss, because it’s a great enclave of Irving with plenty of entertainment, dining, and shopping, and the dirt is still fairly reasonable, too.

Take, for instance, our Thursday Three Hundred this week. In our quest to find homes with great holiday decorating possibilities, we came across this great one-story condo at 4638 O’Connor Court, just a hop and a half a skip from the Las Colinas Country Club, and an easy drive to everything your heart would desire.

With 2,098 square feet of living space, and two bedrooms, two full bathrooms, and one powder room, this home gives you the price point of a fully-loaded condo, but the feel of a substantial home.

Nell Anne Hunt with Ebby Halliday-Irving/Las Colinas/Coppell said that this is the most popular floorplan for this condominium development, and benefits from gorgeous lake views. (more…)

north texas

(Photo courtesy VisitFrisco.com)

How did North Texas fare in a ranking of overall best housing markets in the U.S.? How far has the Dallas-Fort Worth apartment market come in recovering after the recession? How much of their income is the average Dallas-Fort Worth homeowner spending on housing? All this and more in this week’s review of real estate news. (more…)

historicalIt’s not every day that you find a historic home for less than $300,000 that doesn’t need a ton of improvements. But for today’s Tuesday Two Hundred, we’ve found one that really ups the ante on historical.

How? For one, this 1904 Folk Victorian was home to three Irving mayors. But more importantly, the Howard-Beaufford home, located at 318 S. O’Connor Road, is the oldest still-standing home in Irving.

(Historic photo courtesy Portal to Texas History)

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Financial site WalletHub ranked 182 of the largest U.S. cities to find the most stressful places in America, and found that Plano is the least stressed city in Texas. Houston was ranked the most stressful city in the state. Oh, and the sky is blue. These are things we already knew.

Based on data, WalletHub found the three most stressful cities in the U.S. were Detroit, Newark, and Cleveland. What makes a city stressful? Citywide factors you’d expect such as high rates of unemployment and underemployment, long commute times, and lack of affordable housing. There’s more personal factors that cause stress like personal bankruptcy, foreclosure, poor health, and divorce.

Then, there are the quirky factors that WalletHub evaluates like percentage of binge drinkers (yes, that’s you with your box wine-a-weekend habit), median credit score, obesity rates and share of adults getting inadequate sleep that make writing about WalletHub’s lists so interesting.

People in Plano report lower levels of stress at work, less financial woes, happier families and better health and safety than any other city in Texas, according to the July 2018 study. The new ranking comes after Plano was named one of the happiest places in the United States.

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In the 30-mile span between Dallas and Fort Worth, the Mid-Cities and surrounding cities are some of the fastest-growing communities in North Texas. There’s huge diversity in the available houses and community amenities, so finding a knowledgeable Realtor with local expertise and presence in the Mid-Cities can make or break a house-hunting strategy. 

Ebby Halliday Realtors offers just that, with numerous offices throughout the Mid-Cities. They represent some of the most desirable properties in those 21 cities. I’ve found three that impress with their size, style, and use of space. So many great amenities! Let’s take a look.

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When searching for a place to call home, most renters start with a price range in mind. Although the importance of staying within your budget is universal, the options available at different price points vary across the Dallas metro.

To illustrate this point, Apartment List crunched the numbers to find out how much space you can get for $1,500 in different parts of the Dallas metro. It’s no surprise that you have to sacrifice size for location to rent a luxury loft in downtown Dallas, where a 1,020-square-foot, one-bedroom runs $1,500. Meanwhile, you can spread out in a 1,410-square-foot, three-bedroom apartment in Fort Worth for the same price.

For a more thorough breakdown, we’ve selected specific examples of units in six Dallas-area cities near the $1,500 price point and close to each city’s average square footage.

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Having a car can be expensive — beyond monthly car payments, there are costs associated with insurance, gas, oil changes, repairs, and parking. Even if you own a car, public transit is a great alternative means of commuting. You can avoid sitting in traffic and save on paying for parking in downtown Dallas. We’re featuring great apartments that are just a short walk from the closest DART station. These apartments will make your daily commute a breeze!

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