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    Urban Real Estate

    This downtown Dallas dwelling's vertical 'hood gives us the warm fuzzies

    Diana Oates
    Sep 17, 2015 | 9:02 am

    Downtown Dallas is making a serious comeback and with cool condos like this one-bedroom, one-bath at The Metropolitan, we can see why.

    Listed by Dave Perry-Miller's Updike|Pugh team, this 757-square-foot unit boasts the big-city views that people think of when they envision their dream urban abode. Perched above Belo Garden, its views of Reunion Tower, Bank of America building, Omni Dallas, and more are second to none.

    But what we dig most about this property is not the views or the amenities, but the listing agent's emphasis on the sense of community that The Metropolitan residents feel in their vertical 'hood.

    "With over 250 units on a city block you get a melting pot of neighbors," Jeff Updike says. "Such a diverse crowd of really great people who become more than just neighbors, but friends and your own 'building family.' We even have a building 'mom' who is the admin for the private Facebook group created specifically for residents."

    Residents enter their unit and find themselves in the main living area, which includes the living room and kitchen. Relax on your private balcony before you head to the kitchen to whip up dinner. The kitchen features black granite countertops, stainless steel appliances, and a breakfast bar.

    Down a short hall you'll find the bedroom, with its two walk-in closets and plenty of space for a king-sized bed. The bathroom across the hall has oodles of storage space and the utility closet has a front-loading washer and dryer plus room for all your toiletries.

    Outside the condo, owners enjoy the property's pool, fitness center, green space, grilling area — and there's even a movie theater! There is also a conference room that is available to host business meetings. Each resident has one parking spot and there is ample storage for bicycles on the property's secured bike racks.

    The only obvious drawback to this otherwise perfect condo is the fact that there is only one bedroom. It seems, however, that The Metropolitan has all the answers, as it has a guest suite available for rent to keep your guests close but give them privacy for rates the listing realtors claim is cheaper than a hotel.

    Listed at $199,999, those who are happy in small spaces would be smart to swoop this property up before the masses roll in. There are lots of new businesses in the area expected to arrive in the future (think multiple hotels, Forty Five Ten, a grocery store, and maybe even a second DART line).

    "With just over 7,000 people living in the CBD loop, the population is set to break 10,000 in the next two years," Updike says. "The Metropolitan is a great value for downtown and offers some of the lowest HOA fees in the area."

    The bathroom is also quite spacious.

    1200 Main Street 2505
    Photo courtesy of Updike|Pugh
    The bathroom is also quite spacious.
    downtowncondoshome-for-sale
    news/real-estate
    news/home-design

    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
    home salesmarket conditionseconomyresidentialreal estate
    news/real-estate
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