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David Peavler (Photo courtesy HD Vest)

The new director of the Security and Exchange Commission’s Fort Worth office is a familiar face, having served at the regional office previously as an associate director.

The agency named David Peavler the new director earlier this month. Peavler served for 15 years in various roles at the regional office’s Division of Enforcement before leaving in 2017 to serve as general counsel to HD Vest Inc.

During his prior stint at the SEC, Peavler led the agency’s efforts in Texas, Oklahoma, Arkansas, and Kansas. His investigations included cases against Royal Dutch Petroleum and The “Shell” Transport and Trading Company, a Ponzi scheme lead by a Houston-area businessman, and a fraud case involving Life Partners Holdings and three of its senior staff.  

“Mr. Peavler was integral to the issuance of the SEC’s Seaboard Report regarding cooperation, wherein the Commission declined to take action against a company in recognition of the company’s response to the conduct at issue,” the SEC’s announcement said.  (more…)

Fox & JacobsWe’ve written about Forest Highlands before — the small clutch of Fox & Jacobs homes bordered by Forest Lane, Marsh Lane, and Webb Chapel Road, where some of the more affordable (for the square footage) homes in North Dallas exist.

The neighborhood full of Midcentury Ranches has been home to Dallas families since the late 1950s. Built by brothers Ike and Joe Jacobs and David G. Fox of Fox & Jacobs, the L-shaped Accent and Flair homes of the 1960s are present in several neighborhoods in North Dallas, especially along Marsh Lane.

These homes came in several variations of the same floorplan — some are around 1,500 square feet, some are closer to 1,900. Some had the option of a formal dining room or a fourth bedroom (which means your formal living room has a walk-in closet).  (more…)

realtors

Photo courtesy Wildridge

The Collin County chapter of the Women’s Council of Realtors will meet this week, May housing reports are in, as well as the state unemployment report. We’ll take a look at all this, plus find out if educated workers are moving to Texas, in this week’s roundup of real estate news. (more…)

elan

Photos courtesy Big Al’s Smokehouse

You can help residents of the Elan City Lights, who were displaced after a crane destroyed their apartments June 9. We also see how Texas fared in a look at buyer traffic, and see what home sales looked like in the Dallas-Fort Worth region.

All of this is in this week’s roundup of real estate news. (more…)

midcenturyAs children, nearly everyone has played some form of “I Spy,” but one group of fans of Midcentury Modern architecture have created an amped up, grown up opportunity that harnesses the power of Instagram.

The group modTexas is asking Texans to participate in Mapping Texas Mod, their newest Instagram-based initiative to document modernist architecture and design, using the #modtexas tag to create a cache of sites.

“There is a diversity of modernist architecture across the state, yet these treasures are being lost at an alarming rate due to neglect and redevelopment,” the group said. “While many historic, preservation, and architecture societies are active regionally, this initiative brings us together in a shared mission of highlighting Texas’ trove of midcentury assets for natives and visitors to enjoy.”

In fact, group founder Amy Walton reached out to us a couple of weeks ago with an idea — what if modTEXAS and CandysDirt.com partnered to soup up the scavenger hunt even more?

After all, the group had already partnered with preservation groups all over the state. But the opportunity to get the very people who are in and out of Midcentury homes and neighborhoods every day? Well, of course getting Realtors involved in the hunt was an obvious choice. (more…)

Houston

homesIt was a Tweet that had us sitting up and paying attention, as the National Association of Home Builders pointed out last week that although homes got slightly larger from the fourth quarter of 2018 to the first quarter of 2019, sizes are still declining.

Size, you see, matters. NAHB chief economist Robert Dietz explained in a research note that the post-recession increase in home size was expected — homes generally get bigger as the economy emerges from a recession. (more…)

jobs

The Dallas-Fort Worth metro came in fifth in a ranking of best travel destinations in the U.S. (Courtesy WalletHub)

Texas will add almost 300,000 jobs this year according to the Dallas Fed, the Offices Two at Frisco Station topped out recently, and DFW ranked fifth overall in a recent ranking of best summer travel destinations. We have details in this week’s roundup of real estate news.

Texas Will Add 294,100 Jobs In 2019, Dallas Fed Says

Texas will add 294,100 jobs in 2019, the Federal Reserve Bank of Dallas forecast recently. Texas employment will jump by 2.3 percent, reaching 12.9 million by December 2019. (more…)