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Texas wage-gap woes: How D-FW counties compare and why women in their 40s might be fuming

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Will you still be working when the gender pay gap finally closes?

Although Lone Star women have made progress, they still fall way short when it comes to earning the same pay as men for compara...

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Land prices aren’t so cheap as people flock to TX

Texas, the land of wide open spaces, had long been known for its abundant supply of cheap land. But that might be changing.

Economic growth and an influx of new residents are pushing up the price of land in the Lone Star State, according to research published this week by the Texas A&M Real Estate Center. As a result, land costs are accounting for an increasingly larger share of the price of a home here, while remaining low compared to the U.S. as a whole.

Statewide, 20.4 percent of the cost of a typical single-family home went to the land in 2016, up from 5 percent in 2011, the research shows. In Houston, the share rose to 25.1 percent in 2016 from 7.1 percent in 2011, the steepest incline among other large Texas markets.

The median price of a home in Texas rose from $138,000 at the begin...

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BRT Apartments adds property in Dallas/Ft. Worth, Texas

BRT Apartments (NYSE:BRT) acquired Landings of Carrier Parkway, a 281-unit multi-family property located in Grand Prairie, Texas for $30.8M through an entity in which it has a 50% equity interest.

The acquisition price of $30.8M includes $19M of mortgage debt maturing in 2028.

The company contributed $7.3M of equity in connection with the acquisition and anticipated improvements to the property.

The Company has acquired six multi-family properties for a total purchase price in excess of $230 million in fiscal 2018.

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Fort Worth real estate agency Trademark Property Co. to build the future of the Galleria Dallas – Dallas Business Journal

Trademark Property Co. will work with retail, design, real estate, and development experts, along with city and community leaders, to develop a plan for one of Dallas’ most iconic shopping spots.

UBS Asset Management, which owns the Galleria Dallas, has hired Fort Worth-based Trademark to manage, lease and evolve the 1.4-million-square-foot development.

The Galleria is the “gateway” to the planned Midtown project, which is slated to bring 450 acres of new office, multifamily, retail and entertainment developments, as well as a city-programmed park. While apartments and office space are planned for the development, most construction has stalled due to disagreements over zoning and public sector initiatives.

Planning for the Galleria and surrounding property will begin immediately, UBS said ...

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Surprise? It Costs More To Rent A Luxury Apartment In Houston Than In Dallas Or Austin

Want to live in luxury in Texas? It will cost you more in Houston than in Dallas or Austin.

A high-end apartment in Houston costs about $1,448/month, RentCafé reports, using data from Yardi Matrix. In Dallas, the average is $1,428, and in Austin it is $1,432. Houston and Dallas have the same spread between high-end and low-end multifamily offerings: $490. Austin’s gap is smaller; residents only have to fork over $371 more to make the quality leap in the capital.

The cost of living in Texas is still lower than much of the U.S. The national average rent in a high-end building is $1,640/month.

Dallas may overtake Houston soon for priciest apartments. Its luxury rents have increased 7.4% in the past three years. Austin’s have risen 6.7%, while Houston’s are only up 1.8% since 2015.

The amount ...

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Texas Realtor Tony Nuncio Achieves 5-Star Status in Dallas/Ft. Worth – Dallas Business Journal

DALLAS, May 1, 2018 /PRNewswire-PRWeb/ — For the sixth consecutive year, Dallas native and Realtor Tony Nuncio, founder of The Nuncio Realty Group at Dallas City Center Realtors, was named a 5-Star Real Estate Professional by Texas Monthly Magazine.

"I’m honored and humbled by my recent selection as a 5-Star Real Estate Professional in the Dallas/Ft. Worth area," said Nuncio. "My clients are everything to me. I strive to provide superb service to all of my clients. The fact that this is the sixth year I’ve been awarded this honor is overwhelming."

Nuncio was recognized by Texas Monthly Magazine for being at the forefront of today’s ever-changing real estate market, utilizing current technology to maximize his clients’ home buying or selling experience...

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Washoe County Votes to Dismiss Appeal, Move Forward on Housing Development

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The Lemmon Valley area is set to get more than 200 new homes if a planned development moves forward, but residents in the area are fighting it, saying it will make their homes less safe.

Members of the Lemmon Valley/Swan Lake Recovery Committee were trying to stop the development using an appeal, but Tuesday afternoon the commission voted that the appeal wasn’t valid.

That came as a big disappointment to the appellants, who crowdfunded on social media to pay for the process.

"We had over 190 people donate for us to do this appeal," Lemmon Valley resident Tammy Holt-Still said. "None of these residents are being heard. It’s all developers and that’s it."

The commission voted three to one t...

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Greystone Real Estate Advisors Expands in Houston with National Apartment Advisors Team

NEW YORK, April 18, 2018 (GLOBE NEWSWIRE) — Greystone, one of the nation’s preeminent real estate lending, investment and advisory companies, announced that it has welcomed National Apartment Advisors of Texas to the Greystone network. The new joint venture, Greystone NAA, focuses on providing a full range of multifamily advisory services to clients in Austin, Dallas, Houston, and San Antonio, capitalizing on Greystone’s comprehensive financial platform and NAA’s multifamily sales expertise in those regions.

Heading the Greystone NAA team is a group of real estate advisory leaders with over 80 combined years of experience. Since founding the company 5 short years ago, the NAA team has closed more than 150 transactions totaling over $1 billion...

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Opus Virtual Offices Expands With New Prestigious Location in Dallas, TX

Opus Virtual Offices, a nation’s leader in the alternative workspace industry with more than 650 locations in all 50 U.S. states and Canada, has announced the opening of its most recent addition to the network in presitious Uptown Dallas, Texas. Located at 3626 North Hall Street – steps from Turtle Creek and the beautiful Rosewood Mansion – the site is situated in a prime business location and includes every detail needed to project a refined, polished, professional corporate image. For only $99 per month, Opus provides a live professional receptionist to answer and forward calls during business hours; a prominent corporate mailing address; local business phone and fax numbers as well as voicemail and fax to email transcription.

In addition to the basic package of Opus Virtual Office servi...

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Severe Storm Warning Issued For Dallas And Eastern Areas

DALLAS, TX — A storm system moving west to east through the metroplex is likely to become severe, the National Weather Service Warns.

The severe thunderstorm warning expires at 7:15 p.m.

Strong winds and are possible.

Stay with Patch for further severe weather updates.

Severe Thunderstorm Warning including Dallas TX, Garland TX, Irving TX until 7:15 PM CDT pic.twitter.com/kmkReRDh56

— NWS Fort Worth (@NWSFortWorth) April" class="redactor-linkify-object">https://twitter.com/NWSFortWor… 6, 2018

Image via Shutterstock

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