In The News

In The News

The latest news featuring Residential Strategies.

Dallas Business Journal

April 11, 2018

If You’re Looking For A New Home, Head To McKinney. Here’s How Much Home You Can Buy In The City

North Texas residents are finding attractive living options in Dallas’ northern suburbs, and for those wanting newly-constructed homes, McKinney is an ideal choice.

“Builders have been very encouraged by the strong buyer demand they have found under $500,000,” Ted Wilson, a principal with RSI, said in the report. “The 2018 spring market has been favorable for most of the production builders, with sales at or above the pace of 2017. March was an especially strong month.”

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Dallas Morning News

April 9, 2018

D-FW Home Starts, Sales Rose In First Quarter

North Texas homebuilders ramped up for the spring and summer housing market with an increase in first quarter starts.

“The builders said the spring market is pretty normal this year,” said Residential Strategies principal Ted Wilson. “Things kicked off after the Super Bowl and they had a very strong March.”
“Sales have been a little ahead of what they were doing last year,” Wilson said. “The strength is really in the moderate price points.”

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Dallas Morning News

April 2018

Another Month, Another Record

Median home sales price hits $260,000, up 8% in a year

“The builders said the spring market is pretty normal this year,” said Residential Strategies principal Ted Wilson. “Things kicked off after the Super Bowl, and they had a very strong March.
“Sales have been a little ahead of what they were doing last year,” Wilson said. “The strength is really in the moderate price points.”

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Business Wire

March 22, 2018

Location and Lifestyle Drive The Tribute Lakeside Community to #1 in 2017

The Colony’s 1,600-acre master-planned community experienced a robust 2017, with sales pace momentum carrying into 2018.

“The Tribute is well located, within close proximity to the notable employment growth occurring along SH 121 and the Dallas North Tollway,” said Ted Wilson, Principal of Residential Strategies, Inc.
“The development’s extensive amenity package, strong homebuilder lineup, and wide range of product offerings have positioned it to be a premier, top performing neighborhood in the Dallas-Fort Worth area.”

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Dallas Morning News

March 2018

Boomer Boom

Builders expect 55-plus buyers to flock to new homes

Fewer boomer buyers want to relocate to a segregated seniors-only community in the far burbs, said Dallas housing analyst Ted Wilson of Residential Strategies.
“There has been a complete rethinking on how to approach these buyers,” Wilson said. “It used to be golf courses and millions of dollars for amenity centers. Now it’s about being close to the grandkids and being part of a bigger community.”

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Dallas Morning News

March 2018

Preowned Home Sales Set Record

February rise comes despite higher prices and mortgage rates

“The shortage of available housing under $250,000 is acute in D-FW,” said housing analyst Ted Wilson of Residential Strategies.
“Most builders have a hard time producing housing much under $250,000, so prospective buyers have to turn to the preowned market,” he said. “The leading edge of the millennial demographic is entering its firsttime homebuyer years, so we see no letting up of demand in this price channel.”

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Dallas Business Journal

January 25, 2018

Plano Builder To Develop $500M Of New Homes In Fast-Growing Frisco Neighborhoods

Plano-based Green Brick Partners (Nasdaq: GRBK) plans to build more than 1,000 homes in three master-planned communities in the fast-growing Frisco community. The homes will have a build-out value of more than $500 million.

Ted Wilson, a principal at Dallas-based Residential Strategies, which tracks the new home market in North Texas, said Green Brick Partners is presently the most active developer in the Frisco market, with the developer’s projects accounting for about a third of all new development in the city.

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Dallas Business Journal

January 9, 2018

Builders Bringing Back The ‘Spec’ House As DFW Supply Pipeline Widens In 2018

Speculative homes have always been part of North Texas’ landscape as Dallas-Fort Worth builders crank out rooftops to meet the demand for homes in the fast-growing region.

“There’s a spec strategy in the market,” Ted Wilson, principal at Dallas-based Residential Strategies, told the Dallas Business Journal.
“Part of the reason why these builders are doing this is they want to get ahead of the spring selling season,” Wilson added. “We are seeing more finished inventory than we’ve ever seen in recent years.”

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Dallas Morning News

January 2018

Home Price Cooling Trend Ahead

Heading into 2018, Dallas-area homebuyers have more properties to choose from.

North Texas homebuilders are trying to start more houses priced under $350,000, said Ted Wilson with housing analyst Residential Strategies. “On preowned side, under $250,000 it’s pretty slim pickings. There is less available than there was a year ago.”

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Dallas Morning News

January 2018

600 Homes Planned For Legacy Farm

Australia firm buys 103-acre Garland site dating to 1909

Housing analyst Ted Wilson of Residential Strategies said the project is “the largest new infill residential deal in D-FW.”

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Dallas Morning News

January 2018

1,000 Homes Planned In Frisco

3 parcels of land will feature a mix of types and prices

Green Brick’s purchases give it a dominant position in Frisco, said Ted Wilson, principal with Dallas-based housing analyst Residential Strategies.
“Frisco is one of the most dynamic markets for lot development in D-FW. Presently, Green Brick is the most active developer in this market,” Wilson said. “Projects underway represent about one-third of all new development.”

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Dallas Morning News

January 2018

D-FW Is 20,000 Construction Workers Short

Homebuilders group says scarcity having major impact on booming business

Ted Wilson with Dallas-based housing analyst Residential Strategies said that some of the builders his firm works with are reporting an increase in skilled tradesmen on their job sites. That helped them increase home starts in North Texas by 15 percent in 2017, compared to the nationwide single-family home start rise of 9 percent.
“But labor is still a big issue for our builders and is limiting construction,” Wilson said.

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Dallas Morning News

January 2018

Profit Margin Squeeze On Home Front

Builders see impact from costs, demand for affordable houses

“A couple of years ago when there was rampant price appreciation in the market, many of our clients were making record profit margins,” said Wilson, whose firm surveys local builders. “They are all doing well, but those exaggerated margins are starting to narrow a little bit.”

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Dallas Morning News

January 2018

New Homes Start To Shrink In Size

Americans are losing their appetites for ever larger new homes.

“So consumers are purchasing slightly smaller houses, and prices are up slightly due to higher land, lot, material and labor costs,” said Residential Strategies’ Ted Wilson.

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Dallas Morning News

January 2018

2017 Home Sales Set Another Record

Prices shot up 9 percent, and ‘revved-up’ builders are starting spec homes

The jump in Dallas-Fort Worth homebuilding in the final months of the year pushed total North Texas single-family starts to 33,891 homes for 2017 — the strongest building volume in a decade, according to data from Residential Strategies.
“It’s evident builders are revving up,” said Ted Wilson, principal for the Dallas-based housing analyst.

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Dallas Morning News

January 2018

No Stress: D-FW Can House Huge HQ2 Staff

If North Texas lands Amazon’s HQ2, housing those thousands of new workers won’t be a problem.

“We could handle it,” said Ted Wilson, principal with Dallas-based housing analyst Residential Strategies. “We are one of the top housing producing cities in the nation.

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