In The News

In The News

The latest news featuring Residential Strategies.

Dallas Morning News

November 8, 2018

North Texas Home Sales Were Down Again In October

North Texas home sales dropped in October, the third month in a row that preowned house purchases in the area were below 2017 levels.

“The higher rates have begun to affect sales,” said Ted Wilson, principal with Dallas housing analyst Residential Strategies.
Years of rising home prices in the area have also cut many potential buyers out of the housing market, Wilson said. Median home sales prices in the area were up 4 percent year-over-year in October to $250,000.

Read Full Article….

Dallas Morning News

November 2018

Home Starts Likely To Hit A Wall In 2019

Higher mortgage costs, prices dampen forecast for North Texas market

“We believe that the housing market is generally flattening,” said Ted Wilson, Residential Strategies’ principal. “It will be difficult for the market to grow much larger from a start standpoint.”
For the 12 months that ended with September, local builders started 35,733 homes, according to Residential Strategies.

Read Full Article….

Dallas Morning News

November 2018

The Old Cowboys HQ Just Doesn’t Fade Away…

It turns into an exclusive residential neighborhood

Ted Wilson with Dallas housing analyst Residential Strategies says there is demand for the Valley Ranch project from homebuyers.
“New communities in the Irving, Valley Ranch and Las Colinas areas have been excellent performers in recent years,” Wilson said. “The area offers great schools and close proximity to the DFW Airport and work centers.”

Read Full Article….

Dallas Business Journal

October 9, 2018

Collin County Is Far Outpacing Surrounding Counties When It Comes To New Single-Family Homes

When it comes to new single-family home development, Collin County is showing no signs of slowing down.

The steady growth in the area comes down to two key factors, said Ted Wilson, CEO of Dallas-based housing analysis firm Residential Strategies Inc.
“In Collin County you see a real dichotomy of much more expensive housing as well as affordable housing, and the affordable tends to be more on the fringe,” Wilson said.

Read Full Article….

Dallas Morning News

October 2018

As Sales Slow, Price Growth Does, Too

North Texas ‘ housing market is seeing a fall cool down, with falling sales and smaller price increases.

“Very clearly what the builders have shared with us is the sales activity beginning in mid¬ July has been down,” Wilson said. “It’s been a much more challenging market for them this summer.”

Read Full Article….

Dallas Morning News

October 2018

Former Farmland Site Of Affordable Homes

More than 700 acres near northern Tarrant County that for generations grew hay and fed cattle soon will grow young families, as one of the region’s newest master-planned communities sprouts from the soil.

“If you’re on the outer ring, as development expands you’re taking what used to be farmland and turning it into new neighborhoods,” Ted Wilson, said.

Read Full Article….

Dallas Morning News

September 2018

Housing Market Cooling Off

The Dallas-Fort Worth home market retreated in August, with preowned home purchases down from a year ago and prices growing at a slower rate.

“The amount of total inventory has climbed slightly over the past year, but much of this inventory has been in the $300,000 to $500,000 category,” said Ted Wilson with Dallas housing analyst Residential Strategies. “There is such a limited amount of new home inventory coming to the market under $250,000, the overall closing pace has not been able to grow much.

Read Full Article….

Dallas Morning News

August 2018

Under One Roof

Demand for multigenerational living space is on the rise

“This housing type is still in its infancy in Dallas-Fort Worth,” said Residential Strategies’ Ted Wilson. “The concept is basically a home within a home.”

Read Full Article….

Dallas Morning News

August 2018

D-FW Home Resales Rebound

6% gain from year earlier reported, but slowdown expected

“The lack of housing that’s priced under $250,000 is going to put some kind of a lid on how much the market can grow,” Wilson said. “The price increases we are feeling right now are coming from the rise of the prices at the low end.”

Read Full Article….

Dallas Morning News

August 2018

Midyear D-FW Construction Update

Construction of warehouses, retail, apartments and homes has increased this year in North Texas.

“I’m thinking D-FW home starts will be in the 35,000 to 36,000 range this year. It’s been a pretty normal spring and now summer home market. Demand is strong in the affordable price ranges.” Ted Wilson, principal, Residential Strategies
“Dallas-Fort Worth construction appears to be peaking in 2018 after several years of steady gains. Total construction starts were down 16 percent in dollar value in the first five months of 2018 compared with the same period last year.”

Read Full Article….

D Magazine

July 2018

How Republic Property’s Scrappy Young Co-CEOs are Building Tight-Knit Communities

Meet the makers behind some of the most notable master-planned communities in Frisco, Fort Worth, and Plano.

Wilson is principal and founder at Residential Strategies Inc., where he consults with virtually every residential builder in North Texas on things such as planning and zoning, lot sizes, and more. “With Jake and Tony, there’s a sensitivity to development that not everybody takes. We have strategizing meetings … based on values for a specific project. … It’s not just about lot size and house pricing,” says Wilson, who’s worked with Republic since the early 1990s.

Read Full Article….

Dallas Business Journal

July 10, 2018

DFW New Home Starts, Sales Soar Despite Higher Land, Labor Costs

Despite increases in land, labor and materials costs, Dallas-Fort Worth annual new home starts set another housing cycle record in the second quarter of the year, with area builders initiating construction on 9,902 units in the past three months.

Increases in lot and land prices and labor and materials costs along with an uptick in 2018 mortgage rates have challenged home builders’ ability to maintain affordable new home prices, said Ted Wilson, principal with Residential Strategies Inc.
Even so, “most of the growth today is among affordable price points, especially the $250,000 to $350,000 range,” Wilson said.

Read Full Article….

Dallas Morning News

July 2018

D-FW Starts Soared During Second Quarter

Number was 12% higher than during same period in 2017

More than 9,900 Dallas-Fort Worth-area home starts were recorded — 12 percent more than in second quarter 2017, according to Dallasbased housing analyst Residential Strategies. The number was the most for any quarter since the third quarter of 2006.
“Most of the growth today is among affordable price points, especially the $250,000 to $350,000 range,” Residential Strategies principal Ted Wilson said in the report. “Builders are focused on taking costs out of their houses this year, and there has been a shift to sell homes with smaller square footages.”

Read Full Article….

Dallas Business Journal

July 4, 2018

Home Ownership A Fading Hope For Many In North Texas

Jesus Varela couldn’t be prouder of the red brick house he’s buying in the Jubilee Park neighborhood southeast of downtown Dallas.

Ted Wilson, CEO of Dallas-based housing analysis firm Residential Strategies Inc., said the median new home price in North Texas is roughly $350,000 and the median existing home price is about $250,000. Both are a roughly 60 percent increase from where prices were at their recession lows in 2010.
“The big challenge for millennials with the 60 percent increase in house prices is that home ownership is out of reach for many of them,” Wilson said.

Read Full Article….

Dallas Morning News

July 2018

Hammering The Builders

Higher cost of lumber, steel raises price of new homes

“For a couple of years, the big concern with builders was all about labor,” said Ted Wilson, principal with Dallas based housing analyst Residential Strategies Inc.
“This year, it’s been all about materials prices.”

Read Full Article….

Dallas Morning News

June 2018

Tariffs, Labor Scarcity Mean Pricier Houses

Builders say national, local regulations make construction harder

“I’m thinking we will see starts in the 35,000 to 36,000 range this year,” said Ted Wilson, president of Dallas-based homebuilding analyst Residential Strategies.
That’s still nowhere near the almost 50,000 houses started in D-FW in 2006. Wilson said that the factors affecting market growth have shifted.

Read Full Article….

Dallas Morning News

June 15, 2018

U.S. Builders Say Trump’s Tariffs Are Adding $9,000 To New Home Price, And That’s Not All

Higher lumber costs, labor shortages and growing regulations are holding U.S. builders back as they try to ramp up construction to meet the huge demand for housing.

“I’m thinking we will see starts in the 35,000 to 36,000 range this year,” said Ted Wilson, president of Dallas-based homebuilding analyst Residential Strategies.
“Previously it was lack of labor that limited starts. Today, it is more the lack of affordable lots,” Wilson said. “Inflation is the foe in the fight to maintain affordability.”

Read Full Article….

Dallas Morning News

June 2018

D-FW Home Sales, Prices Set Records

Transactions leapt 9% in May, but median prices rose just 5%

“The price appreciation for more expensive houses has really flattened out,” said Ted Wilson with Dallas housing analyst Residential Strategies Inc. “We have a very limited amount of inventory at the lower price points, and that’s where a lot of the price appreciation is taking place.”
“There is an ample amount of inventory at the higher price points — more than there has been,” Wilson said. “But the supply of affordable houses is very tight.”

Read Full Article….

Dallas Morning News

June 2018

Shoring Up

Windsong Ranch bringing slice of the Caribbean to Prosper

“There will be a lot of interest in seeing how this lagoon does for Windsong Ranch,” said Ted Wilson, a principal with Dallas-based residential consulting firm Residential Strategies Inc.
“Windsong Ranch is one of the highest-quality new neighborhoods, and they have performed very well,” Wilson said. “Adding the lagoon is just another feature that will continue to draw buyers.”

Read Full Article….

Dallas Business Journal

June 15, 2018

Focus On Beauty, Craftsmanship Fueling DFW Homebuilder’s Growth

For 50 years, Shaddock Homes has specialized in building custom, luxury homes in the Dallas-Fort Worth area.

The company has a strong reputation in the North Texas homebuilding industry, said Ted Wilson, principal of Dallas-based Residential Strategies, which analyzes the Dallas-Fort Worth residential market.

Read Full Article….

Dallas Morning News

May 2018

House Flippers Now Homebuilding Giant

Brothers from Cyprus started small, have grown fast

Ted Wilson with Dallasbased housing analyst Residential Strategies said Megatel is now one of North Texas’ top 10 builders. “They have been a juggernaut,”
Wilson said. “It’s pretty amazing what they have done.”

Read Full Article….

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.”

Read Full Article….

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.”

Read Full Article….

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.”

Read Full Article….

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.”

Read Full Article….

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.”

Read Full Article….

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.”

Read Full Article….

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.

Read Full Article….

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.”

Read Full Article….

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.”

Read Full Article….

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.”

Read Full Article….

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.”

Read Full Article….

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.

Read Full Article….

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.”

Read Full Article….

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.

Read Full Article….

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.

Read Full Article….

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.

Read Full Article….

Previous Articles