New Homes Development in DFW

Metrostudy covers all of Dallas/Ft. Worth: a total of 11 counties, including the emerging markets in Kaufman, Ellis and Parker counties. Our survey team drives over 20, 000 miles and over 2, 100 subdivisions every 90 days to provide you with the valuable information you need on future lots, vacant developed lots, homes under construction, and homes that have been completed.

Dallas – Ft. Worth News

The first models at Gateway will open early next year. By Jennifer Goodman Construction will begin soon on model homes for a 2, 000-acre master-planned community near Dallas. Three builders–David Weekley Homes, Gehan Homes and Horizon Homes–will kick off Phase One of the residential portion of Gateway in Forney, Texas. With models opening early next year, …

Annual starts rate is flattening as builders are losing the ability to push prices higher – still through the twelve months ending in 3Q16 builders started 29, 473 homes There is a strong demand and lack of supply for homes in the more affordable price ranges; homes under $200k have practically disappeared as this quarter sees …

Affordability pressures are rising, as new home starts in the $200k-250k price tranche dropped 19.3%, signaling a possible extinction of new homes below $250k in DFW The communities opening in 2016 consist of next-generation lot pricing. New lot prices are significantly higher than the legacy lots and will translate to exponentially more expensive homes. Developers …

Quarterly New Home Starts up 39.1% from 1Q15; Annual starts up 22% YoY Prices continue their upward shift, as builders report the greatest demand, and strongest sales for the first quarter are between $250K and $400K and 31.6% of starts were above $400K Due to rapidly rising land and development costs, developers argue there is …

Annual New Home Starts at their highest levels since 2007 – and Up 11.4% from 2014; Quarterly Starts Down 16.7% QoQ off 3Q15 highs Affordability Concerns Remain: Quarterly starts above $300K exploded in 2015 and New home closing prices increased 7.8% in the last 12 months If most new home demand remains below $350K, builders …