Some of the local boards haven't officially released their December 2007 market statistics, but the Dallas board is out in front with their final numbers. Below is the summary for the Dallas-Fort Worth-Arlington real estate market for December including data since 2005.
See the data charts below. They are viewed best in full screen mode.
DECEMBER 2007 DALLAS-FORT WORTH MARKET SUMMARY
Continue reading "Dallas Stats In: View the Latest Market Update"
If you've heard some rumbling lately, it's not a thunderstorm. There's trouble brewing in East Central Austin.
Small lot property owners are upset with limitations the City Planning Commission proposed on December 11th. The new changes will decrease the ability of over 1500 East Austin residents to build on their small parcels of land.
East Austin resident and property owner, "Hollywood" Henderson, sent a note to thousands of his fellow residents to cotral them take a stand at the January 17th City Council Meeting for the final vote on this issue.
Here's an excerpt from Mr. Henderson's letter to his neighbors:
Dear Neighbor,
I have an urgent message about your current property rights. They are about to be taken. The City of Austin and a neighborhood group called OCEAN is planning to take away property rights that will forever affect your property values and your ability to add square footage to your existing home or your vacant lot.
EAST CENTRAL AUSTIN NEIGHBORS UNITE: THEIR ISSUES WITH THE PROPOSED CHANGE
Continue reading "East Austin Families Defend Rights to Build on Small Lots"
Dallas City Council just approved a 45-acre planned development district (mixed-use) at the foot of the Trinity River Corridor a few weeks ago. Today's spotlight is on this mixed-use development along the hot Trinity River Corridor in Dallas.
Just about every major city in Texas has had a surge in downtown revitalization since 2005, including San Antonio, Fort Worth, Houston, and Austin. Dallas Mayor Tom Leppert (inset) is relatively new, but has been surprisingly successful in rallying the city to respond to expected growth.
He's keen on mixed-use development along the corridor and in other areas facing revitalization. You may ask what makes the Trinity River Project different.
WHAT'S ALL THE FUSS ABOUT THE TRINITY RIVER REDEVELOPMENT PROJECT?
Dallas citizens voted to improve the area near downtown Dallas in a $246M bond package in 1998. The goal: transform the Trinity River flood zone, making better use of the land while taking advantage of the best views in town.
Continue reading "Development Spotlight: Trinity River Corridor Dallas" »
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DeeinAustin is author of the forthcoming book, the "Gotcha Guide™ to Buying or Investing in Real Estate: Top money and time-wasting headaches to avoid when you buy a home or real estate investment."
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