New construction
With Western Texas Intermediate oil hovering around $45 a barrel, folks have been speculating about new home construction in Midland-Odessa and how layoffs and budget cuts might affect the spectacular boom of the past few years. But while economists might raise a red flag, local homebuilders say pent-up demand and a more diversified economy are…
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Today’s Friday Five Hundred is definitely a unique one. You don’t often see remodeled ranches that have legitimate green building chops, but this one is LEED Gold certified and looks absolutely amazing. It just hit the market and has some really interesting aesthetic features to go with its eco-friendly side. “We talk a lot about…
Read MoreStrong economic factors, job gains, and population increases have experts predicting strong growth in North Texas home prices in 2015, and a 35 percent increase in home prices over the next three years in the Dallas-Plano-Irving areas. Local Market Monitor, Inc. released its December 2014 local market reports for North Texas, looking at factors like jobs, migration, housing…
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What don’t we love about Tommy Wooten? Nothing. Seriously, this guy has great stories from the frontline of new construction, and that’s a big deal considering how fast builders are working to put up new inventory. Wooten is creative, driven, and passionate about selling homes, but the first thing you’ll notice about this hardworking Realtor…
Read MoreDFW rents were 6.2 higher last year, averaging $919 per month, but demand still soared, with North Texas leading the nation in apartment rentals, and vacancies at a 13-year low, according to new real estate research from Zillow and MPF Research. The increased rent translated to an extra $600 million paid to landlords last year, Zillow reported. For North Texans, that meant a…
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