Dallas Residential -- Single Family vs. Attached Housing

Here at www.newcondosonline.com, we have established relationships with over 1,200 new and pre-construction condo, loft, and townhome developments throughout the Nation. With these relationships, we also begin to see trends of where attached housing development is going up, where it is not, as well as where developers are seeing value for their marketing dollars. I would like to discuss the Dallas, Texas market for a bit. Dallas, from what we have observed through communication with local developers, realtors, and media agencies, is a region where condo, loft, and townhome development is just beginning to roll out in full steam. In the past, this region had no need to really build vertical, because of the vast amount of attractive and developable land that was available to builders. High-rise living, which arrived on the scene in the late 1990s has had an uphill battle against the single-family home market. Recently though, high-rises are coming out of the ground as never before, and now it comes down to how fast buyers will take interest to these new attached homes. There is now a lot of inventory to go through, and sales are sluggish. To increase absorption, developers, their marketing directors, and media agencies need to get creative in how they are advertising these new homes.