Real Estate Blog
New 1,100-acre master-planned community planned for Forney
The initial property release for Tapestry is scheduled for summer 2024. Home prices are expected to start at the high $200,000s for townhomes and low $300,000s for single-family homes.
Merriam City Council may delay vote on redevelopment plan for former Kmart site
Drake Development’s plan to repurpose the site near the busy interchange of Interstate 35/Shawnee Mission Parkway interchange has the approval of Merriam city planners. But the builder wants to delay the City Council vote for a couple of weeks.
Data Deep Dive: Memphis apartment rent moves skyward over the past year
In June 2019, average rent for a one-bedroom Memphis apartment was about $800. Three years — and a pandemic — later, renting a one-bedroom in the city costs upwards of $1,000, as the local rental market continues its record-breaking streak.
As of June 21, 2022, Zumper data showed that the average rent for a studio apartment in Memphis was up 14% from the month prior. Rent for a one-bedroom apartment shot up by 17%, to $1,047, and a two-bedroom increased by 5%, to $1,000.
Harbor Town was…
Regions Foundation invests in DC company’s housing fund
The Regions Foundation unveiled a $5 million investment in a housing fund that will benefit Birmingham residents.
How much of the Portland housing market investors bought in Q1
Investors kept up their steady pace of home purchases in the first three months of 2022, although they're buying fewer homes now than they have through most of the Covid-19 pandemic.
Florida metros rise in the ranks of the most expensive for homebuyers
Among the 50 largest metro areas in the country, some Florida metros ranked in the top 10 in increase in listing prices in May, according to Realtor.com.
Prison bound? Convicted UDF executives lose bid to remain free while their case is on appeal
Four convicted executives of Grapevine-based residential real estate lending firm United Development Funding sentenced last month to a combined total of 20 years in federal prison have lost their bid to remain free while their convictions are on appeal.
Sports mogul Jerry Colangelo back at Douglas Ranch, a massive West Valley planned community
Sports mogul and real estate developer Jerry Colangelo is back at Douglas Ranch, taking a 9% share in the 37,000-acre development in Buckeye. Here's what he has to say about homebuilders and water issues.
KB Home opening townhome development in Torrance
Townhomes at KB Home's Orchid range in size from approximately 1,600 to 1,700 square feet.
Report: Frisco’s Firefly Park moving forward as project gets final approval
The project will be located at the southwest corner of U.S. 380 and the Dallas North Tollway and is projected to contain about 650,000 square feet of office space, 2,200 residential units (which will be a mix of townhomes and mid- and high-rise apartments) and 30 acres of park space.