Monthly Archives: August 2018

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Just the Facts: Reduced Prices, New Home Construction, and More

Price Reduced: the New Sign Across the Metroplex There’s a new sign in the North Texas housing market — “Reduced Price.”   Almost 19 percent of the homes listed for sale in Dallas-Fort Worth cut price at least once, according to a new report from Zillow. With home sales slowing and housing prices growing at a much slower rate than in recent years, sellers are sometimes overreaching with their asking prices, real estate agents say. And houses that sit on the market for too long often get a price reboot.   The rate of home price cuts in D-FW is higher than the nationwide rate Read more
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Ratings For All North Texas School Districts Released

The state on Wednesday unveiled its controversial new academic accountability system, which shows that nearly half of North Texas school districts received an A or B grade. Among nearly 160 school districts and charter school operators in the area, 39 earned the top A grade including Highland Park, Coppell and Sunnyvale in Dallas County and Carroll, Grapevine-Colleyville and Hurst-Euless-Bedford in Tarrant County.  As expected, Dallas ISD received a B, with an overall score of 81. The surprise, though, was how it compared with schools ringing its southern border. The state looks at three major categories for the grades: student achievement, school progress and “closing the gaps.”  Student achievement Read more
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Legacy West Developer Moves Forward with Frisco Project

The huge success of the Legacy West development in west Plano finished years ahead of schedule. It attracted many high-profile corporations like Toyota, Fed Ex, JP Morgan, Liberty Mutual, and Boeing. Now that it’s complete… the developer is moving on to a 2,544 acre mixed-use project that will be located in Frisco.  See the full article on developer Fehmi Karahan HERE. Read more
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DFW Builders Partnering with Schools

Really interesting article in the Dallas Morning News: The combination of the labor shortage and the high cost of a four-year degree presents an opportunity for builders and schools to team up, connecting students to industry professionals and giving builders access to a talent pool to support the operations of their companies. “We’re actively recruiting through middle schools, high schools and technical schools to help people understand what they can do in the construction industry,” said Ray Sedey, the southern region president for McCarthy, a commercial builder. See the complete article HERE. Read more
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Just the Facts: DFW Residents are Staying Put Longer

When it comes to moving, Americans are becoming homebodies.   The median time U.S. homeowners stay put has risen to 13.3 years — twice the time between moves back in the early 2000s.  But in many Texas cities, homeowners are changing addresses more frequently.  Frisco residents have one of the lowest median time between moving of any U.S. cites — just 7.5 years according to a new study by consumer research firm ValuePenguin. Frisco recently topped the Census Bureau’s list of the fastest growing cities in the country.   Folks in McKinney (7.9 years), Allen (9.5 years) and Denton (9.5 years) also move more often, Read more