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    Housing Report

    Here's how COVID-19 has impacted the Dallas housing market

    Sam Radbil, Abodo
    Jun 18, 2020 | 2:32 pm
    Dallas apartment building
    Dallas rents actually increased a bit in June.
    Photo courtesy of Abodo

    Dallas apartment rent prices seem mostly unaffected by COVID-19 — at least thus far, according to apartment marketplace Abodo.

    The site reports that in June, Dallas one-bedroom rent prices actually increased 1.28 percent month-over-month, to a median $1,184. At the same time, two-bedroom rates rose 0.83 percent, to $1,466.

    These figures are in contrast to what the Austin rental market has experienced. There, the price of a one-bedroom unit dropped 0.31 percent in June, while two-bedrooms fell 0.7 percent.

    In the current COVID-19 landscape, the Dallas market more closely resembles Houston, where median rents also rose. Houston one-bedroom units gained 0.51 percent to $1,179 in June, and two-bedroom rents surged 1.24 percent to a median $1,466.

    While one month’s numbers don’t necessarily mean a rental price spike, instead of a COVID-19 rental price recession, we are currently seeing the opposite in both Dallas and Houston.

    The trend is different for the local housing market. The MetroTex Association of Realtors reported that in May, Dallas County home sales dropped almost 35 percent year-over-year, while home prices dipped 4 percent. These are big figures, and there are reasons that the housing market is not mirroring the rental market.

    Virtual limitations
    During the pandemic, virtual shopping has proven successful for landlords and renters alike. Top apartment rental sites quickly moved to offer significantly developed virtual apartment tour capabilities. Property managers are seeing the benefits of scheduling showings digitally, and many have not missed a beat as they continue to rent units.

    But when a buyer is considering a major purchase like a home, a short video peek at the space is, in many cases, not sufficient.

    Wary buyers and sellers
    With COVID-19 cases rising in Texas, many potential buyers are staying put instead of venturing out to look at properties, which could put them at risk of infection. Conversely, many sellers simply do not want large groups of people in their homes. For some, it's easier to take their property off the market, or even rent out the home, and wait for better times.

    Looking ahead
    One bright spot for the housing market is that mortgage are at historic lows, which could reduce some of COVID-19’s negative housing market effect. If mortgage rates were anywhere near normal levels, we might see an even greater dip in housing prices. However, as the uncertainty of the pandemic continues, Abodo expects the Dallas market — for both rentals and sales — to face continued challenges.

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    RIP, Henry

    Dallas real estate visionary Henry S. Miller III dies at 79

    Candy's Dirt staff
    Mar 2, 2026 | 5:47 pm
    Henry S. Miller III
    Photo courtesy of Henry S. Miller
    Henry S. Miller III died February 28 at the age of 79.

    Henry S. Miller III — part of an iconic multigenerational Dallas real estate family and the visionary developer behind West Village — died February 28 of health issues. He was 79.

    Born November 16, 1946, to Juanita and Henry S. Miller Jr., Miller grew up in a real estate legacy that began with his grandfather in 1914 and made the name “Henry S. Miller” synonymous with Dallas. Miller helped shape modern Dallas development while maintaining a strong emphasis on neighborhood-scale retail with West Village, a concept ahead of its time.

    Long before mixed-use, walkable districts became common in North Texas, Miller erected an urban village in Uptown where shopping, dining, and residences came together to create a place to live and play. West Village opened in 2001.

    “He envisioned a dense, walkable urban village where streets and plazas were alive with people, shops, restaurants, and residences — a neighborhood that blended modern city living with a human scale rarely seen in Texas at the time,” the family announcement said.

    Walkability was a concept that didn’t exist in Dallas then. The approximately 400,000-square-foot development introduced a dense, walkable model that integrated retail, restaurants, multifamily housing, and public plazas at a time when Dallas development was still largely auto-centric. West Village became a template for later mixed-use projects across the region.

    His family says Miller was incredibly hands-on throughout the project, working alongside co-developers, architects, planners, and community stakeholders. He viewed the development not simply as a commercial venture but as a long-term contribution to the city’s evolving urban fabric.

    Henry S. Miller III Henry S. Miller, Jr (left) with Henry III on the roof of Highland Park Village, circa early 1980's.Photo courtesy of Miller family

    Miller also played a key role in the evolution of Highland Park Village. His father and family purchased the historic shopping center in 1976. Henry III and his father led a re-tenanting and revitalization of Highland Park Village that elevated its national retail profile while maintaining its neighborhood identity.

    With his connections in fashion retail, Miller helped Highland Park Village attract luxury brands such as Prada, which did not yet have a retail presence in Dallas. The family sold the property to Ray Washburne in 2009.

    His approach to neighborhood retail also shaped Preston Royal Shopping Center, originally developed in 1958 by Henry S. Miller Jr. and Trammell Crow, and was sold in 2012.

    “There, he applied the same thoughtful approach — prioritizing stability, daily-use tenants, and a sense of familiarity that has served generations of families,” a family statement read. “Rather than chasing short-term trends, Henry believed centers like Preston Royal should reflect and support the surrounding neighborhoods, ensuring they remained places of convenience, connection, and community life.”

    Miller earned his undergraduate degree from SMU and later completed the Advanced Management Development Program at Harvard Graduate School of Design. Over his career, he led ventures including Henry S. Miller Partners/Urban Partners and Henry S. Miller Interests Inc., and he was involved in international projects such as the Loreto Bay Company in Mexico.

    Miller’s grandfather, Henry S. Miller, founded the family real estate firm as a one-man show in 1914 in Dallas. The patriarch’s son, Henry S. Miller Jr., expanded the business significantly and was involved in major retail developments such as Preston Royal and Highland Park Village. Henry S. Miller III led West Village and stewarded a revitalization of Highland Park Village with his father.

    Beyond development, Miller served on the boards of the Child and Family Guidance Foundation, NEXUS Recovery Center, SPCA of Texas, The Family Place, and the Center for Performing Arts. He also mentored emerging real estate professionals through the Harvard Alumni Real Estate Board.

    Miller is survived by his four children, Kathryn Miller Rabey; Henry S. Miller IV and his wife, Lydia; Michael Alexander Miller and his wife, Lindsey; and Alexander Lewis Miller. He is also survived by his sisters, Patsy Miller Donosky and Jacqueline Miller Stewart. His grandchildren include Nicholas, Maximilian, and Olivia Rabey; Henry, Jack, Owen, and Mimi Miller; and Layton Garrett, Miles, and Samuel Miller. He was preceded in death by his brother, Vance C. Miller, his father Henry S. Miller Jr., and his mother Juanita Miller.

    Funeral arrangements have not yet been announced.

    ---

    This story, by Candy's Dirt executive editor Shelby Skrhak, originally appeared on CandysDirt.com and was republished with permission.

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