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REAL ESTATE
Fort Worth gets $5 million boost to tackle affordable housing crisis
The U.S. Department of Housing and Urban Development has awarded Fort Worth $5 million in grant funding to combat the city’s affordable housing crisis, city leaders announced at a press conference July 2. “Today is a huge opportunity for us,” Mayor Mattie Parker said. “We know that in Fort...
More luxury brownstone homes planned in downtown Grapevine
GRAPEVINE, Texas — Editor's note: This article was originally published in the Dallas Business Journal here. More luxury brownstones are planned in downtown Grapevine, channeling similar developments seen in tony enclaves such as Southlake and Westlake. Developers are close to buying land for 18 more townhouses for a second...
As Americans Are Priced Out of Major Cities, Suburbs See More Growth
Suburban population growth has surpassed growth rates seen in major cities. As home prices in major cities only continue to increase, there is a growing trend of young people moving to the suburbs. According to a report from storage marketing platform StorageCafe, suburban areas across the U.S. are now growing faster than major cities. This is largely due to the high cost of living compounded with hybrid and remote work trends allowing people to move further from city centers. However, some states are seeing higher rates of suburban population growth than others. The report found housing expansion is more prevalent in the South, with seven of the top 20 fastest-growing suburbs in Texas and five in Florida.
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