The Perry Report – Insight into Dallas/Forth Worth real estate

With many Californians moving to the state of Texas and many others considering investing in the Lone Star State, Alex Perry, the #1 real estate agent in Texas, listing and selling the most, will be providing a monthly column giving insight into Texas real estate from all angles – living, investing, and understanding.

■ Breaking Ground: Goldman Sachs recently broke ground on its new massive campus in Uptown. Now another project kicking dirt will be for a 30-story high-rise that will house Bank of America operations. The tower will overlook Klyde Warren Park off Woodfall Rogers Freeway will be the tallest in Uptown. It will stretch more than 500,000 square feet and about 1,000 Bank of America employees currently working in its 72-story downtown tower will relocate to about half of the new property. The property is expected to open sometime in 2027.

■ Taking the Lead: DFW was among the nation’s leaders with double-digit single-family home price increases, and more than half of the homes were selling above their list price. During that same period, home prices were down in New York, Chicago, Boston, Los Angeles and other large metropolitan areas that are now seeing price gains.

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Source: Los Angeles Business Journal

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