Your Expert Guide

The Cedars: Stunning skyline views and great art just south of downtown Dallas

There are so many great places to live in Dallas that it helps to have an expert on your side. The Neighborhood Guide presented by Briggs Freeman Sotheby's International Realty gives you insider access from the agents who live and work there, providing in-the-know info about your possible new community.

---

Dallas has received numerous accolades for its impressive skyline, and that's what led real estate global advisor JB Hayes to purchase her loft in the Cedars nearly 10 years ago.

"I love to watch the buildings in the skyline change their colors and messages to support local causes and sports teams," she says. "With the views of downtown, the easy access to all major highways, and its close proximity to downtown, the Dallas Farmers Market, and Deep Ellum, it was a no-brainer to invest in The Cedars! And did I mention the views of the skyline?"

This area of Dallas, which is directly south of downtown and north of the Trinity River, has undergone tremendous growth in recent years — and even more is on tap for the future. "This area will be impacted by multiple projects: the new Convention Center District anchored by the new Kay Bailey Hutchison Convention Center, the Ambassador Residences now under construction, and more," Hayes says.

The artist community is another big plus. During the annual Cedars Open Studios Tour held each November, artists open their doors for all to come stop by, shop, and see what this area is about.

Hayes offered up a few of her personal favorites about life in the Cedars. Here's her guide to the area:

Where to eat & drink
Hayes enjoys meeting new neighbors while frequenting Four Corners Brewing Company, Lee Harvey's, Full City Rooster, Off the Bone Barbeque, and Zalat Pizza. She supports her friends at open mic night at Autonomous Society Brewpub and enjoys craft beer brewed in-house with live music provided by the neighbors.

Baby Back Shak, Opening Bell Coffee, and Johnny's Waffles also make her must-visit list.

She has been raiding the pantry stocked full of local goods at Val's Cheesecakes in the Piggly Wiggly building on Akard and looks forward to their pop-up dinners and events.

To sip and see the Dallas skyline from the Cedars, check out Gallery Rooftop Lounge at Canvas Hotel Dallas or the Vetted Well patio at the Alamo Drafthouse Cedars.

Where to play
A little-known fact, even to most Dallasites: There is an entrance to the Santa Fe Trestle Trail down the street from the historic Longhorn Ballroom, located at the southeast corner of the Cedars. The ballroom first opened in 1950 and has showcased a wide variety of legends, from Willie Nelson to Ray Charles, Nat King Cole, and more. Hayes says the Santa Fe Trestle Trail a great place to get outdoors with your pups, friends, and family. She has spotted turtles, butterflies, and of course the skyline from the trail.

Speaking of pups, South Side Bark Park is a large green space for Cedars neighbors (and their furry friends) to use. Hayes also likes to create resin art and pottery with Erika Thornton at Artist Till Death Studios.

The Cedars is home to an Alamo Drafthouse location, as well as the popular Gilley's Dallas, but it's also close to AT&T Discovery District, Pioneer Plaza and the Dallas Farmers Market.

A favorite spot of Hayes' is the new Seegars Deli located next to Mike’s Gemini Twin on Harwood Street. She also recommends checking out The Cedar Market Ranch known for their creative Instagram posts to entice you to stop by for fresh produce, bread, dairy and more.

Rhode & Sons, where hat artisan Dalton Rhode sells one-of-a-kind, handmade felt hats with custom toppers as well as chainstitched clothing and jackets.

Where to live
Here you'll find Victorian-style homes from the early 1900s, repurposed warehouses like South Side on Lamar (which was the Sears, Roebuck & Co. catalog merchandise center in a former life), industrial-style lofts like The Beat Lofts and Buzz Lofts, new-construction townhomes like Mirar at the Cedars, and various apartment options, with the Ambassador apartments now open!

"This area is not cookie-cutter or one-size-fits-all," says Hayes. "There is a little bit of everything for all ages and interests."

Those familiar with the Cedars know the Eagle Apartments on South Ervay Street, a structure that was built in 1924 and flaunts a big, red entry door. Hayes has had four sales in the building, two off-market, which is remarkable considering there are only eight units in the building.

Hayes’ most significant Cedars sale was in the summer of 2024. One of the penthouses she listed at The Beat Lofts sold for $220,000 more than any Cedars residential sale documented in MLS through 2024. Hayes has helped sell or lease 10 Cedars properties since 2025.

---

JB Hayes lives, works, and plays in the Cedars. For more information on buying and selling a home in the area, click here, email jhayes@briggsfreeman.com, or call 214-334-3977.

$Briggs Freeman Sotheby\u2019s International Realty$

Photo courtesy of Briggs Freeman Sotheby’s International Realty

Take in the skyline views.

interview qa home-for-sale hidedate promoted video the cedars

out of reach

This is how long it takes to save for a starter home in Dallas right now

Courtesy of Tri Pointe Homes

undefined

A new national housing affordability report has confirmed something many renters already know: The possibility of owning a home is moving further out of reach for many renters across America.

Becoming a new homeowner is especially challenging for households in several major U.S. metros — including Dallas — where it now takes well over a decade to save enough money for a down payment on a starter home.

These findings were unveiled in a new study from The Julian Bond Institute for Financial Equity Research (JBI), a nonprofit research branch of the Center for Responsible Lending (CRL). The report comes as a result of its Project 2050 Survey that analyzed "Americans' financial aspirations across generations and racial groups and the obstacles they encounter in achieving them."

JBI said Americans of all generations, racial backgrounds, and ethnicities haven't given up on "this aspect of the American dream," but the journey towards becoming a homeowner is "grow[ing] exceedingly challenging." In addition to saving for a down payment and closing costs, renters must also navigate high mortgage rates and high home prices. All of these combined factors have pushed monthly payments out of reach for most families.

"There has been much coverage of the difficulty aspiring homeowners face in being able to afford the monthly payments on a home loan," the report said. "But less attention has been given to an equally important part of the housing affordability squeeze: The impact that higher home prices and the affordability crisis are having on the ability of families to save enough money to afford the upfront costs of homeownership."

Using the results from a previous 2019 survey and the most recent survey results, JBI examined how many years it would take a typical renter family to save enough money to cover a down payment and closing costs for a starter home in the U.S. and in its 10 biggest metros.

The report found that it now takes the typical Dallas renter household 12 years to save for a starter home in 2026, up from 7 years in 2019. And Dallas technically appears on the lower end of the spectrum out of the 10 biggest U.S. metros.

"Although there is some variation across these areas, even in Houston — where the years to save is the lowest — it would take the typical aspiring homeowner 11 years to save enough money to purchase a starter home," the report said. "At the opposite end of the spectrum, in Los Angeles, it would take 24 years. And in all these areas, there has been a sizable increase in the number of years required to save since 2019."

For the typical American household, it now takes 16 years to save for a starter home, a figure that has doubled since 2019. That's based on an American median renter household income of $57,991, and an estimated saving rate of 2.63 percent. The report defines the saving rate as the percentage of a family’s income that can be set aside for the purchase of a home after expenditures, assuming that aspiring homeowner families can devote 75 percent of their savings toward a home purchase.

"[This] translates to annual savings of roughly $1,525," the report found. "For such a family, it would take 16 years to accumulate enough savings to purchase a starter home [at the median price of $335,574]."

Renter households that made $42,750 in income at a 3.96 saving rate would result in $1,693 saved for the purchase of a home in 2019. By those metrics, it would take the typical renter household eight years to save for a starter home at the 2019 median price of $217,520.

This is how many years it takes to save for a starter home in the 10 biggest U.S. metros compared to 2019, from longest to shortest:

Los Angeles: 24 years, up from 14 years in 2019
New York City: 23 years, up from 10 years
Miami: 22 years, up from 10 years
Washington, D.C.: 16 years, up from 8 years
Chicago: 15 years, up from 8 years
Philadelphia: 15 years, up from 8 years
Phoenix: 15 years, up from 8 years
Atlanta: 13 years, up from 7 years
Dallas: 12 years, up from 7 years
Houston: 11 years, up from 8 years

real estate housing affordability housing market real estate report dallas houston