Category: Home Owner

What housing shortage? This Fort Worth development is bucking the national trend | Fort Worth Star-Telegram

What housing shortage? This Fort Worth development is bucking the national trend | Fort Worth Star-Telegram

Not long ago, when travelers ventured beyond Loop 820, the skies opened and cattle bedecked the landscape, forming a veritable gateway to rural West Texas.

Today, that area of far west Fort Worth is quickly becoming one of the most popular residential developments in North Texas.

The Walsh area, about 14 miles west of downtown Fort Worth, is bucking a national trend. While the rest of the United States is coping with a housing shortage that is driving up prices and forcing some prospective buyers to wait, Walsh is building houses at a rate of about one per day.

Walsh features 11 square miles that used to be part of the family owned Walsh Ranch. It straddles Interstates 20 and 30, wedged between west Fort Worth’s older neighborhoods and Aledo.

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Today, Walsh is attractive not only for the wide range of homes — with 12 builders offering structures ranging from the upper $200,000s to nearly $800,000 — but also for the amenities, said Tony Ruggeri, co-chief executive of developer Republic Property Group.

The neighborhood is expected to eventually be home to roughly 50,000 people, although full build out could take up to 50 years. But residents who have already bought property can already enjoy many of the master-planned amenities.

Recently, the doors opened on a community room known as a "Makerspace," which features a variety of heavy-duty woodworking tools, 3D printers and other equipment available for free use by residents. Several pools, a beach volleyball area and water park features will be added later this year.

The idea is to give residents the tools to help their children learn skills previous generations got from wood shop class or perhaps a robotics club, Ruggeri said.

"We take very seriously the responsibility for creating a lot of childhood memories," Ruggeri said Tuesday during a tour of the area. "We know people want their kids to have more than just memories of going everywhere in a car. People want to experience things outside, and to have access to the tools they need to make things."

In its first year, Walsh has sold 171 homes, including 34 homes for which the sale has been closed and residents have already moved in. About 60 more homes are slated to close in the next 90 days, Republic Property Group officials said.

The development is marketed not only to young parents looking for a safe, yet outdoorsy place to raise their children, but also empty-nesters looking to downsize without sacrificing quality in their neighborhood of choice, co-CEO Jake Wagner said.

Caroline Revard is one of the first home owners in Walsh development, an area of west Fort Worth that developers say will eventually have more than 50,000 residents. McClatchy

The first phase of the project is on 1,700 acres, and within five years an estimated 4,000 to 5,000 people could leave in the area, Wagner said.

In all, the Walsh development will be 7,200 acres, including commercial and retail development. The Aledo district’s Walsh Elementary School is already open in the center of the development, a short walk from a Walsh Village Market that serves as a gas station and convenience store with healthy snacks and ready-made meals.

"In 10 years, this will be a city in itself," said Caroline Revard, one of the first home buyers in the area.

A fitness center is already open as well, with a variety of exercise machines, free weights and an enormous area for Pilates, yoga and cardio workouts.

Nationwide, real estate analysts are predicting one of the weakest spring selling seasons in recent years. It’s a crucial time for the industry, since 40 percent of home sales take place between March and June, according to the National Association of Realtors.

As Fort Worth prepares for an influx of new residents — with today’s population of about 850,000 expected to swell to nearly 1.5 million by 2040 — Walsh is expected to be a bell cow for neighborhoods wishing to lure upper-middle income and wealthy residents.

New homes at Walsh development in Fort Worth, TX, Tuesday, March 27, 2018.

Max Faulkner mfaulkner@star-telegram.com

Walsh was designed to preserve the rolling hills native to the area, and is organized so that residents have easy walking access to one of three parks.

Also, the entire area is being wired for 2 gigabit Internet speed — faster than surrounding areas — and residents and businesses will have an option to tap into 10 gigabit service. A company known as Frog is installing the fiber optics.

Tony Ruggeri, Co-CEO RPG, holds an laser etching made in the new "MakerSpace" building at the Walsh development in Fort Worth, TX, Tuesday, March 27, 2018.

Max Faulkner mfaulkner@star-telegram.com

The area, which is in the Aledo school district, will eventually have its own middle and high schools.

Walsh is being built in a cooperative effort that involves the Walsh family, which still lives in the area and owns ranch land, and Republic Property Group. Republic also developed Frisco’s Phillips Creek Ranch and Celina’s Light Farms and is working on Plano’s Villas at Legacy West. The partners formed Quail Valley Land Co. for the Walsh project.

This report includes information from the Star-Telegram archives.

Gordon Dickson: 817-390-7796; @gdickson

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$200K to $2M: How much home can you afford in Plano?

$200K to $2M: How much home can you afford in Plano?

NOTE: This is the second of a series over the next week looking at how much home your money can buy in Collin County.

From a top-tier school district to an expansive food hall to multiple headquarters, Plano is giving homebuyers plenty of reasons to head to Collin County.

The city has long been home to big businesses like J.C. Penney and Frito-Lay, but in recent years it has also attracted the North American headquarters for Toyota, as well as massive corporate offices and regional campuses for companies like Fogo de Chão, FedEx Office, JPMorgan Chase, Liberty Mutual Insurance and Boeing.

That’s thanks largely to the construction of Legacy West, a $3.2 billion mixed-use development on Plano’s west side. Developed by Fehmi Karahan, the 225-acre project is home not only to offices, but hotels, residences and plenty of retail and restaurant options, like a Tesla showroom, a Del Frisco’s Double Eagle Steak House and Shake Shack.

Legacy Hall, North Texas’ first European-style food hall, also opened at the development in December. The three-story, 55,000-square-foot hub features 22 food stalls, half-a-dozen bars and a brewery.

“The experience that our environment offers is second to none, anywhere in Texas. We have the best dining choices for all budgets and tastes, and a broad selection of marquis retailers,” Karahan said in a prepared statement. “Blending these shopping and dining venues with our residential and office tenants makes Legacy West the premier ‘live/work/eat/play/shop’ destination in Texas.”

It’s also helped make Plano a top live/work/play destination in North Texas. Residents are flocking to take advantage of its amenities. Between 2010 and 2015, the city saw a 9.1 percent population spike.

The growing populations is leading to an increase in housing prices. According to Tommy Wooten, realtor associate and team leader with Joe Atkins Realty-North, only two homes in Plano are available for less than $200,000.

And for buyers looking for a something for under $300,000, expect a three-bedroom, two-bathroom home built in 1981. Newer, larger homes are going for higher prices due to demand.

That’s why Wooten is encouraging those interested in moving to Plano to act fast – prices won’t be going down.

“I advise people not to wait for a market crash,” he said. “It’s not happening unless there is some unforeseen international or national crisis.”

See how much home you can buy between $200,000 and $300,000 in the slideshow below. For homes priced above that, click here to see how far your money goes in Plano.

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Or if you’re looking for an ultra-luxury residence, check out this 14,279-square-foot Plano home previously listed for $7 million. Located on Old Gate Road, the property is headed to auction in April. It boasts heated pools, a professional tennis court and more.

RELATED: See how much home your money can buy in Frisco.

RELATED: Selena Gomez puts Fort Worth mansion back on market.

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JCPenney Shines with Exclusive Styles of Girls’ Apparel Dedicated to Nickelodeon Star JoJo Siwa

JCPenney Shines with Exclusive Styles of Girls’ Apparel Dedicated to Nickelodeon Star JoJo Siwa

“JCPenney introduced JoJo’s trademark hair bows to its girls’ assortment last fall and we were blown away by the response. By creating a comprehensive destination for specially-designed JoJo Siwa apparel and other related merchandise, JCPenney has an opportunity to reach an entirely new customer who loves her confident and upbeat personality,” said James Starke, senior vice president of merchandising for JCPenney. “This young generation of shoppers holds an unprecedented influence over family purchasing decisions and by bringing brands to JCPenney that appeal to this demographic, we can introduce her, and her family, to our store.”

The collection of JoJo Siwa apparel at JCPenney is inspired by Siwa’s positive messages and incorporates bright colors, sequins and hair bows for young girls, in sizes 4 to 12. Shoppers will find fun, age-appropriate looks including bow-adorned tank tops, pink tutu skirts, ruffle dresses and satin bomber jackets with Siwa’s signature bow print. Sale prices include $15.99 for a sequin pocket tee, $21.99 for leggings and $31.99 for a jean jacket with satin patches. In addition to the retailer’s unique apparel collection, shoppers will also find a robust assortment of JoJo Siwa merchandise, including a hot pink, emoji-decorated comforter set, a bow-shaped decorative pillow, a singing JoJo doll and knee-high bow socks.

“From school to the mall and everywhere in between, girls will feel strong and confident when they are rocking a JoJo outfit,” said JoJo Siwa. “My new styles at JCPenney are fun and colorful and I can’t wait to see girls rocking them.”

Siwa is the star of Nickelodeon’s Lip Sync Battle Shorties, a social media sensation, singer, anti-bullying advocate and New York Times best-selling author. Her YouTube channel, It’s JoJo Siwa, promotes self-confidence and positivity with 5.6 million subscribers. Siwa’s hit music video, Boomerang, boasts more than 500 million views on YouTube and reinforces her messages of inclusion and friendship. She also has 6.6 million followers on Instagram and 15 million fans on Musical.ly.

To download the news release and access product images, please visit:
https://www.jcpnewsroom.com/news-releases/2018/0126_launches_jojo_siwa_apparel.html

JCPenney Media Relations:
(972) 431-3400 or jcpnews@jcp.com
Follow @jcpnews on Twitter for the latest announcements and Company information.

About JCPenney:
J. C. Penney Company, Inc. (NYSE: JCP), one of the nation’s largest apparel and home furnishings retailers, combines an expansive footprint of approximately 875 stores across the United States and Puerto Rico with a powerful e-commerce site, jcp.com, to connect with shoppers how, when and where they prefer to shop. At every customer touchpoint, she will get her Penney’s worth of a broad assortment of products from an extensive portfolio of private, exclusive and national brands. Powering this shopping experience is the customer service and warrior spirit of over 100,000 associates across the globe, all driving toward the Company’s three strategic priorities of strengthening private brands, becoming a world-class omnichannel retailer and increasing revenue per customer. For additional information, please visit jcp.com.

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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: J. C. Penney Company, Inc. via Globenewswire

Topic: Press release summary

http://www.acnnewswire.com
From the Asia Corporate News Network

Copyright © 2018 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

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Plano Wow! House Is A Tribute To Vaulted Ceilings

Plano Wow! House Is A Tribute To Vaulted Ceilings

PLANO, TX — This wonderful, move-in ready home in Plano offers the best of Texas real estate. With vaulted ceilings in nearly every room and a unique layout, the next owner of this home will have plenty of space to stretch out and enjoy the peace of Plano while staying close to what matters. See this listing and thousands more on Realtor.com.

This Gorgeous Goodman home offers a spacious kitchen, five bedrooms, a three-car garage and wonderful outdoor spaces. Warm up in the family room with a gas fireplace, or spend some quality time planting in the back yard’s raised garden beds.

This listing originally appeared on realtor.com. For more information and photos, click here.

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How to Become Prosperous Plano Home Owner

How to Become Prosperous Plano Home Owner

From marking your property posting till the end phase of the homeownership, trade can pass anything from few days until in typical four to six months. There are various sold postings to check upon before you finalize the negotiations and determine the status of the land advertise at the end of the day. This takes a certain length of time for the transaction to complete and finally mark a monumental life milestone for you. In any case, before fruitful shutting, there are still a couple of things you need to admission thee well and review about. Your mark is required on property holder contract archives for bank guarantor, different lawful exposures, and essential expense records of the deal, sum financed thing by thing, and truth in loaning explanation.

Then follow a monthly payment letter of credit, the title, and various other documents. Furthermore, you will need to produce a check with the amount owed to the seller for the purchase price of the home. Then the process closes when the seller signs the deed over to you and finally hand you the keys. When the Texas title company registers the new deed, you become a proud homeowner, and we congratulate you on that.

Your land specialists (on the off chance that you have one), appraiser, title organization, and home assessor if all viably speak with each other as a person from the gathering, and you are the person who ought to be overseeing most the correspondence and timing. Clear correspondence is the way to effective shutting of this procedure and accomplishing an objective of you turning into a glad Plano property holder.

Attempt to discover a group in which you can put your trust in one hundred percent would make this undertaking a ton simpler. The colleagues’ objective ought to be to endeavor and make you win the home by the sum offered to your loving. It doesn’t make a difference if your land operators work for a major organization or a little organization. What makes a difference is that an agent is educated, roused and a decent arbitrator, as his identity temperance ought to replace you.

What happens if there are different offers on the accurate home property that you have made the decision to? One of the potential outcomes is that you might wind up into an offering encounter. For instance, on the off chance that you can’t expand your offer, and make your offer firm, you will need to release the home. If then again you build your offer ensure that you hold your feelings under control, as a result of offering a higher offer than you can practically bear. Continuously make a point to set a termination date for your property posting offer, so you don’t fall into the holding up amusement. Commonly offers stand for 48 hours at the same time, contingent upon the circumstance, they could stand longer. Nonetheless there is dependably a period point of confinement to it.