Tag Archives: Lantana Community

Amazing Toll Brothers Home For Sale In Flower Mound, Texas!


Amazing Toll Brothers Home For Sale In Flower Mound, Texas!


Overview
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Description
Neighborhood
Market Stats

$474,000
Single Family Home
Main Features
3 Bedrooms
4 Bathrooms
1 Unit
Interior: 4,304 sqft
Lot: 0.49 acre(s)
Location
5317 Townsend Drive
Flower Mound, TX 75028
USA
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Jim Striegel

Jim Striegel

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Dallas-area real estate regains momentum in 2012

Dallas Home Prices

The recession is in the rearview mirror, and North Texas real estate developers are moving forward with new deals.
Office and warehouse construction is picking up. Apartment building shows no sign of a slowdown. Even the housing market, which has recovered by fits and starts, has turned the corner in Dallas-Fort Worth.
The combination of solid job growth and an increasing population fueled strong demand for all types of real estate in 2012.
And the outlook for next year is just as sanguine — assuming the folks in Washington don’t put the economy in reverse.
Biggest game changer:
Three blocks of bushes, trees and lawns erased the canyon dividing downtown Dallas from Uptown.
And by blurring the line between Dallas’ hottest real estate market and the older central business district, the park over Woodall Rodgers Freeway should be a big boost for downtown’s renaissance.
The public-private sector project will spur real estate development and investment in the area for decades to come.
Biggest turnaround:
Since stumbling out of the starting gates, Dallas’ Victory Park project is getting its second wind.
Construction of hundreds of apartments and more office and retail tenants should bring a flood of folks into the development on the northwest corner of downtown.
After years of making headlines because of store closings, foreclosures and loan defaults, Victory Park is set to generate some good news in the year ahead.
Highest sales price:
The recent sale of the 12-story Encana Oil & Gas tower in West Plano set a record for office building transactions.
The new high-rise sold for $120 million, an eye-popping $376 per square foot — head and shoulders above other recent first-class office sales in North Texas.
Cole Real Estate Investments paid top price for the building because of its prime tenant and high-profile location on the Dallas North Tollway.
Biggest building boom:
You’d be wrong if you thought the apartment building binge was running out of gas.
More than 20,000 apartments are under construction in the Dallas-Fort Worth area, more than in any other U.S. market.
And developers show no sign of easing up when it comes to new deals.
Current apartment building totals still come nowhere close to what they were in the 1980s, when more than 45,000 units were completed in just one year.
Greatest market comeback:
After several false starts, the Dallas-Fort Worth home market took off in 2012 with higher prices and a double-digit increase in sales.
The number of houses on the market in North Texas has fallen to its lowest point in more than a decade.
And home foreclosures are down substantially.
Homebuilders are having a hard time keeping up with demand because of a pinch on building lots and labor.
Brightest addition to skyline:
This rapier-thin, pearlescent high-rise is one of the most striking additions in decades to the downtown skyline.
The deluxe condo is just the kind of development Arts District planners envisioned when they planned the neighborhood.
But a nasty catfight over reflections cast by the tower has clouded Museum Tower’s impact on the market.
Biggest office tenant:
Illinois-based State Farm Insurance has gobbled up enough office space in the Dallas area this year to fill a good-size downtown high-rise.
State Farm leased an entire office building in Richardson, then rented two more in Las Colinas.
Now the insurance giant has signed on to be the anchor office tenant in a $1.5 billion mixed-use project in the Telecom Corridor.
Biggest loss: Downtown’s Thomas Building
Dallas’ grand old Thomas Building was built as a palace for a cotton tycoon.
The 88-year-old building on Wood Street was prized by preservationists for its decorative stone-and-brick exterior and storied past. But after sitting empty for years, the landmark was imploded in November to make more room for parking cars.
Biggest boost for southern Dallas County:
After several years of almost no building, North Texas industrial development is surging back with new deals.
And most of them are along the Interstate 20 corridor in southern Dallas County.
Major distribution centers have been announced for Quaker Oats and cosmetics maker L’Oreal Group.
And more projects are pending for companies including automaker BMW.
Greatest potential for 2013:
After a long drought, office developers are poised to crank out new buildings starting next year.
Most of the construction starts will be in Dallas’ Uptown district and along the Dallas North Tollway in Collin County. Less than half of what’s being talked about will probably get built. But with the local economy heating up, prime office space will soon be in short supply in some business districts.
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Source: Steve Brown stevebrown@dallasnews.com
Published: 27 December 2012 09:48 PM

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Filed under Before Buying a House, Dallas Real Estate, Dallas Texas REALTOR, Flower Mound, Gardening, Grapevine Texas REALTOR, Highland Village, Real Estate, Rentals, Texas, Texas Real Estate

Country Living At Its Best with Room to Roam For You & Your Horses!


Beautiful Home With Country Living with Horse Property Too!


Overview
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Description

$499,000
Single Family Home
Main Features
4 Bedrooms
5 Bathrooms
1 Unit
Interior: 4,620 sqft
Lot: 3.26 acre(s)
Location
2005 Parker Road
St Paul, TX 75098
USA
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Jim Striegel

Jim Striegel

(972) 899.0634
JStriegel@Realtor.com
http://www.JimStriegel.com

   

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Housing Starts Soar!

In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses housing starts.

Housing starts reached an 894,000 annualized unit pace in October, which is the highest in over 4 years, and up 42 percent from one year ago.
Even with this huge gain, further increases are needed. The 50-year historical average is 1.5 million per year. Now that the household formation is bouncing back and reaching about a million, housing starts need to be at least 1.3 million just to keep the overall vacancy rates stable after accounting for 300,000 or so uninhabitable units that are demolished each year.
Multifamily starts made a larger gain of 57 percent compared to single-family starts, which increased 35 percent. Falling vacancy rates and solid rent gains have tipped developers to focus more heavily on new apartments.
The West region showed the biggest increase with a 73 percent gain. Inventory levels are very tight in California, Seattle, Phoenix, and Las Vegas. Naturally, homebuilders are responding to these market incentives and conditions. However, California lags well behind Texas in housing starts even though California has a larger population and is experiencing a more acute housing shortage because of tight land regulations and high fees associated with taking out housing permits. In Texas, just about anyone can dig earth by simply putting on a construction helmet. So expect a faster home price acceleration in California.
The northeast region experienced a slight downturn over the month and only an 11 percent gain from one year ago. Since Hurricane Sandy was at the very end of October, the lower starts are attributed to market forces in the region and not yet related to the storm. A large overhang of shadow inventory still looms in New Jersey, New York, and Connecticut. All three are judicial foreclosure states and hence it takes forever to turn it into an REO. Some delinquent homeowners are said to game the system by not paying mortgage but finding tenants to collect on rents.
Housing starts are likely to reach 1.1 million in 2013 and then rise to 1.4 million in 2014. That translates into a huge percentage gain of 50 percent in 2013 followed by another 25 percent gain in 2014. But such levels will still be insufficient to meet the rising housing demand. Housing shortage conditions will last for a while.

Source:
Lawrence Yun, Chief Economist
Lawrence Yun is Chief Economist and Senior Vice President of Research at NAR. He directs research activity for the association and regularly provides commentary on real estate market trends for its 1 million REALTOR® members.

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Located in the gorgeous gated community of Vilamoura in Flower Mound, Texas!


Located in the gorgeous gated community of Vilamoura of Flower Mound, Texas!


Overview
Maps
Photos
Description
Neighborhood
Market Stats

$809,000
Single Family Home
Main Features
3 Bedrooms
5 Bathrooms
1 Unit
Interior: 4,300 sqft
Location
3701 Valencia Court
Flower Mound, TX 75022
USA
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Jim Striegel

Jim Striegel

(972) 899.0634
JStriegel@Realtor.com
http://www.JimStriegel.com

   

Listed by: Jim Striegel Team, Real Estate Connections

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Affordable Home Located In Lantana Golf Course Community!


Wonderful home in Magnolia located in Lantana, Texas!


Overview
Maps
Photos
Description
Neighborhood

$189,900
Single Family Home
Main Features
3 Bedrooms
3 Bathrooms
1 Unit
Interior: 2,070 sqft
Lot: 0.10 acre(s)
Location
8718 Tyler Drive
Lantana, TX 76226
USA
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Jim Striegel

Jim Striegel

(972) 899.0634
JStriegel@Realtor.com
http://www.JimStriegel.com

   

Listed by: Jim Striegel Team Real Estate Solutions, Coldwell Banker

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Elegant Townhome in the Villas at Coppell, Texas


Elegant townhome in The Villas at Coppell!


Overview
Maps
Photos
Description
Neighborhood

$239,900
Townhouse
Main Features
3 Bedrooms
3 Bathrooms
1 Unit
Interior: 1,826 sqft
Location
2961 Florence Way
204
Lewisville, TX 75067
USA
To get updates on open home dates and other property events, please click the “Like” button below:


Jim Striegel

Jim Striegel

(972) 899.0634
JStriegel@Realtor.com
http://www.JimStriegel.com

   

Listed by: Coldwell Banker Real Estate Solutions

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Filed under Before Buying a House, Dallas Texas REALTOR, Flower Mound, Gardening, Grapevine Texas REALTOR, Home Decor, Home Decor On A Budget, Lakeside DFW, Open House, Real Estate, Texas, Uncategorized