WASHINGTON – Existing-home sales decreased in April, according to the National Association of Realtors (NAR). All four major U.S. regions registered month-over-month and year-over-year sales declines. Total existing-home sales—completed transactions that include single-family homes, townhomes, condominiums and co-ops—slid 3.4 percent from March to a seasonally adjusted annual rate of 4.28 million in April. Year-over-year, sales slumped […]
Archives: May 2023
Texarkana ninth best ROI potential for investors
AUSTIN — Real estate experts at Agent Advice analyzed home value and typical rent prices across U.S. cities to establish where investors can currently expect the highest return on investment (ROI). Straddling the border of Texas and Arkansas, Texarkana took the No. 9 spot. Texarkana’s typical property value of $148,518 is 47 percent of the […]
Five smart-home features for 2023
WASHINGTON – Builders are equipping new homes with advanced technology as a way to differentiate their product from the competition. The question is whether the appliances and devices are cutting edge or a decade behind. Here are five that are turning heads in 2023. 1. Advanced security. Floodlight cameras and 24/7 monitoring go without saying, but the latest […]
Texas A&M expansion approved for Fort Worth campus
FORT WORTH – Texas A&M is about to break ground on the anchor building of its new downtown campus. The $150 million project has been approved and will begin construction in June. The eight-story building will replace the current Law and Education building. Construction will finish in 2025. Two more buildings are planned for the campus. The Gateway Building will […]
Midlothian gets even 'bedder' with new furniture store
MIDLOTHIAN – Grand Prairie-based Home Zone Furniture will begin construction on a new distribution building this summer. The 740,000-sf project will cost $44 million. Construction is slated to finish in summer 2024. It will be on US 287. The architect is Pross Design Group Inc. Home Zone Furniture has nearly two dozen stores in DFW and surroundings areas. […]
Owning a Home Helps Protect Against Inflation
You’re probably feeling the impact of high inflation every day as prices have gone up on groceries, gas, and more. If you’re a renter, you’re likely experiencing it a lot as your rent continues to rise. Between all of those elevated costs and uncertainty about a potential recession, you may be wondering if it still […]
Geo-data company inks 75K-sf lease in Energy Corridor
HOUSTON – Fugro has signed a 75,000-sf lease in Republic Square, a 35-acre office campus at 13501 Katy Fwy. The four-story, 325,000-sf building completed two years of renovations with future plans for office space, apartments, retail space, and boutique hotel. Fugro plans to make the move at the end of the year after building out the new […]
JV continues District West expansion with second office condo project
HOUSTON – Grand Park has begun developing Grand Park West, its second office condo project in District West, a mixed-use development near the southeastern corner of Westpark Tollway. The $14 million project follows Grand Park Professional Place, the brand’s first office park at 7103 S. Peek Rd. That $12 million development’s first three buildings have been completed […]
342-unit Alta Blakey slated for Bastrop
BASTROP – Wood Partners and SCOA Real Estate Partners have broken ground on Alta Blakey, a 342-apartment complex at FM 969 and Blakey Lane. The development will have one-, two- and three-bedroom apartments ranging from 723 to 1,580 sf. Amenities are a business center with private conference rooms, resort-style pool, sun loungers and cabanas, outdoor grilling stations, […]
74-unit affordable senior housing development opens in Third Ward
HOUSTON – Change Happens CDC and NHP Foundation have opened The Citadel at Elgin, a 74-unit affordable housing complex for seniors at 3331 Elgin St. The $28 million project will serve households ages 55 and older. Twelve units will be affordable for people making up to 80 percent of the region’s median income, 43 units […]