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    Rental Rumblings

    Dallas-area apartments look like New York without the insane rent

    Leah Shafer
    Jul 19, 2016 | 10:18 am

    Farmers Branch is undergoing a bit of a renaissance, and one example of the upgrade is an apartment community that feels more like New York than suburbia: The Brickyard, a project from the Billingsley Company.

    Located at 2061 Wittington Pl., in Mercer Crossing, The Brickyard will have features that evoke NYC neighborhoods: brick detail, metal-framed windows, metal awnings, large arched windows, and walk-up style housing. Everything, that is, except the price — and the noise.

    In Manhattan, the average rent for a two-bedroom apartment in the Lower East Side is $3,558, according to the First Quarter 2016 Citi Habitats market report. This is roughly equal to the entire monthly income of the typical U.S. worker.

    Current pricing for The Brickyard ranges from $995 to $1,910 per month.

    “As a former resident of New York, I wanted to bring the rich neighborhood feel of the West Village and the Bowery to Dallas, but at a price that was right for us,” says Summer Billingsley, a managing partner on The Brickyard project. “I have been told that ‘quality is remembered long after the price is forgotten.’ So our sole focus is to deliver a fantastic product, and [I’ll be] damned if I am not going to deliver it at a great price.”

    The Brickyard offers 19 different floor plans, with 314 one bedrooms and 87 two bedrooms ranging from 584 to 1,324 square feet per unit. Amenities include granite countertops in the kitchens and bathrooms, full-size stackable washer and dryers, oversized soaking tubs with tile surrounds in select units, energy-efficient GE appliances, a 24-hour fitness center, and a parking garage with electric car charging outlets.

    There are also grilling stations and hammocks in the courtyards and parks, named Gramercy Garden and Mulberry Park. Coming in August are an Ozone-filtered pool with a reclaimed industrial cabana, sunning islands, and loungers.

    The Brickyard started accepting tenants in May. It is just one phase of construction planned for Mercer Crossing, which has been approved for up to 1,200 units.

    ---

    A version of this story originally was published on Candy's Dirt.

    The neighborhood is walkable and pet-friendly.

    Rendering of The Brickyard apartments in Farmers Branch
    The Brickyard/Facebook
    The neighborhood is walkable and pet-friendly.
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    REAL ESTATE NEWS

    Dallas ranks No. 9 among U.S. cities for canceled home sales in 2025

    Brianna Caleri
    Brandon Watson
    Nov 6, 2025 | 1:39 pm
    House/flat for sale sign
    Getty Images
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    Homebuyers across the United States are ghosting sellers at record rates, and Dallas has some of the worst offenders. Real estate marketplace Redfin tracked which metros saw the most buyers getting cold feet before closing real estate deals: Dallas came in at No. 9.

    Redfin says 17.7 percent of Dallas home purchases were called off in September 2025, an increase from 16.4 percent in September 2024.

    Fort Worth was even worse, landing at No. 4. In September, 18.7 percent of Fort Worth home purchases were called off, up from from 16.6 percent the previous year.

    By comparison, San Antonio ranked No. 2 overall, with the highest pull-out rate in Texas, at 19 percent.

    Tampa, Florida, topped the list with a cancellation rate of 20.1 percent. The national average is 15 percent.

    Redfin says Goldilocks thinking is largely to blame for the rise in buyers "ghosting" sellers. A lack of compromise on concessions and repairs is driving the trend, with buyers refusing to accept imperfect homes.

    Meanwhile, sellers want to avoid losing money on the deal. This is especially true of homeowners who bought during the COVID-19 boom, who are holding their asking price firm to avoid taking a loss. With plenty of homes on the market in "Sun Belt" cities — in some place, more than twice as many sellers than buyers — buyers are weighing all options.

    “I’m seeing a lot of buyer’s remorse,” explained Redfin agent Jo Chavez, in a release. “Buyers make an offer, then they start worrying they could have found a better deal or a better home because there are more home sellers than buyers in the market. Some other buyers are backing out because they’re concerned about job security.”

    The top 10 markets with the most sideways deals include:

    • No. 1 — Tampa, Florida
    • No. 2 – San Antonio, Texas
    • No. 3 — Atlanta, Georgia
    • No. 4 — Orlando, Florida
    • No. 5 — Fort Worth, Texas
    • No. 6 — Riverside, California
    • No. 7 — Fort Lauderdale, Florida
    • No. 8 —Jacksonville, Florida
    • No. 9 — Dallas, Texas
    • No. 10 — Las Vegas, Nevada
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