It didn’t take long for Shannon Driscoll and Booker T. Washington alum Kayli House Cusick to decide to start a business together. The two met at a weekend pop-up studio in Oak Cliff and each realized that the other had her missing piece. Driscoll had been running adult art classes from her studio, and Cusick had written a stack of curriculum for kids’ art classes that she was ready to use. The two joined forces, and in 2010 opened what is now the bustling studio and shop Oil and Cotton in Oak Cliff.
Foreign investors love the U.S. residential housing marketing, according to a recent report by CNN Money.
Purchasers from Canada, Mexico, India and the U.K. are leading the pack right now, and they’re bullish on the country’s growth indicators, according to the report.
Says CNN Money:
“The U.S. has been named the hottest market for global residential property in a survey of 14 countries by real estate advisors Savills. The researchers analyzed economic and demographic trends to forecast how much prices in popular cities will rise over the next five years.
“And the essential ingredients for solid returns? A combination of population growth, rising wealth and limited housing supply.”
Even more close to home, a survey by PriceWaterhouseCoopers and the Urban Land Institute found that Dallas-Fort Worth is the top market to watch for overall real estate prospects. That means investment, development and homebuilding are booming, according to the Emerging Trends in Real Estate 2016 report.
This Sunday, neighborhoods across North Texas will be filled with people finding their perfect new home—just in time for cool fall evenings and traditional holiday gatherings.
Briggs Freeman Sotheby’s International Realty is opening doors throughout the Metroplex on Oct. 18, allowing potential buyers to tour spectacular homes in every community, from Frisco to Fort Worth, Colleyville to Highland Park, Lakewood to Uptown.
With home construction booming again, it is time to consider securing the perfect lot for your next home—wherever you decide to build. According to recent reports from Dallas’ Residential Strategies, new housing starts across North Texas are up 26 percent over this time last year. Lots are selling quickly, especially in sought-after neighborhoods.
We still have a few weeks of summer left, so it’s time to play! Grab your friends and family and head out for great adventures that include everything from playing in a giant sandbox to enjoying the big top.
For sellers who have been waiting for a strong market so they can list their home, now is the time. Interest rates continue to be historically low, inventory levels are low and buyers who have put off making a move are out in the marketplace looking for properties.
Expert agents are seeing three main groups of people looking to make a home purchase.