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    Hot Homes

    Top 10 Dallas real estate stories of 2018 include tiny homes and celebrity digs

    Stephanie Allmon Merry
    Dec 26, 2018 | 10:30 am

    Editor's note: As the year comes to a close, we look back at the 10 biggest real estate stories in Dallas for 2018 — including tiny houses, top neighborhoods, and sports stars' homes for sale.

    1. Tiny-house village takes shape in downtown Lake Dallas. What was billed as the first project of its kind in the U.S. — a downtown village of tiny houses — started taking shape in the Denton County suburb of Lake Dallas in February 2018. By early 2019, tiny homes are expected to pop up in the city's downtown, which is about 30 miles north of downtown Dallas.

    2. 5 best neighborhoods to buy a forever home in Dallas right now. In May, we consulted some of the top real estate pros in town for their picks on the five best Dallas neighborhoods to buy a forever home in 2018. Spoiler alert: People seemed to be returning to classic neighborhoods instead of up-and-coming 'hoods that tempt buyers with low prices and new construction.

    3. These 4 popular Dallas neighborhoods rank among America's best. Where were the best places to live in Dallas in 2018? In April, real estate review site Niche revealed the Best Neighborhoods to Live in America, and four popular Dallas 'hoods appeared in the top 50, including one in the top 10.

    4. White Rock midcentury marvel built by Dallas titan of tile listed for $7 million. Those who regularly meander the trails around White Rock Lake know there's always been a strong curiosity factor surrounding the huge stone home perched high atop the hill at 4606 Chapel Hill Rd. The estate, built by a Dallas businessman known as the "titan of tile," went on the market for the first time ever in February 2018, for $6,995,000.

    5. Most famous Dallas real estate firm sold to Warren Buffett. In May, the real estate world was stunned to learn that Dallas-based Ebby Halliday Realtors would be acquired by Berkshire Hathaway HomeServices of America. HomeServices CEO Ron Peltier delivered the news to 1,700 agents and assured them that nothing would change — except that their parent now was a rich guy named Warren Buffett.

    6. Dallas Stars goalie hopes to score an offer on his $4.25 million Preston Hollow home. In June, Finnish-born hockey goaltender Kari Lehtonen and his wife, Abbey, began letting go … at least of their great Preston Hollow house. Lehtonen, then an unrestricted free agent, started playing for the Dallas Stars in 2010, and he had a pretty terrific place to come home to after every practice and game.

    7. Lakewood estate of mayor known as 'Mr. Dallas' hits market for $2.9 million. Chateau des Grotteaux — a Lakewood estate with a storied past, most notably the one-time residence of Dallas mayor R.L. Thornton — hit the market in April for nearly $2.9 million. Thornton, a banker and civic leader who was nicknamed “Mr. Dallas,” lived in the French-inspired estate with his family until his death in 1964.

    8. Bids start at $350K for this rare foreclosed mansion in Preston Hollow. In September, a mansion in the center of posh Old Preston Hollow appraised at nearly $5.5 million went on the auction block, with an opening bid of $350,000. The home was at 9410 Alva Ct. at the corner of Deloache Ave., in one of Dallas' most celebrity-studded neighborhoods.

    9. Former Cowboys head coach puts his Dallas mansion in play for $2.95 million. Former Dallas Cowboys coach Wade Phillips was looking to trade his Preston Hollow estate to another team: His mansion at 6115 Norway Rd. hit the market for $2.95 million in January.

    10. Rents could increase this much if Amazon HQ2 picks Dallas, new study says. In March — eight months before Amazon announced where its new headquarters would go — a new study showed the price Dallas or Austin could pay if Amazon picks either Texas city for HQ2. Data and analytics provider CoStar Group forecast that both cities would see a 10-year rise in apartment rents, but that Austin rents would increase more than those in Dallas.

    Kari Lehtonen's house, at 6331 DeLoache Ave., had an asking price of $4.25 million.

    Kari Lehnoten home, 6331 DeLoache, Preston Hollow
    Photo by Costa Christ
    Kari Lehtonen's house, at 6331 DeLoache Ave., had an asking price of $4.25 million.
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    housing affordability news

    Dallas named No. 2 Southern city where homes are becoming more affordable

    Amber Heckler
    Jan 15, 2026 | 12:54 pm
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    A new real estate analysis has revealed housing prices across the Southern United States have seen a major large-scale decline from 2024-2025, with North Texas homebuyers experiencing the second-steepest "price correction" in the region.

    Dallas-Fort Worth buyers have a better chance of purchasing an affordable home this year after prices cooled 5.71 percent from 2024-2025, the study found.

    Online real estate marketplace Zoocasa compared year-over-year median price changes for single-family homes across 20 cities in the South based on local real estate data. The study also looked at housing affordability in the American West, Midwest, and Northeast.

    In Zoocasa's ranking of the Southern cities where affordability is improving the most, Dallas ranked No. 2.

    In 2024, the median price for a single-family home in Dallas was nearly $398,000, which has since dropped to $375,000 in 2025. North Texas sellers may not be happy about cooling prices, but it does make housing more attainable for first-time homebuyers.

    Better housing prices will surely attract even more new residents to the DFW area, especially when one considers Dallas was the No. 1 destination for movers in 2025, and its suburbs are still booming in popularity.

    "Affordability is on the rise across Texas, with major cities seeing significant price corrections," the report said. "Most importantly for buyers, the median home price in each of these cities remains more affordable than the national median."

    The national median price of a home in the third quarter of 2025 was $426,800, according to the latest information from the National Association of Realtors (NAR).

    Housing affordability elsewhere in Texas
    In Beaumont-Port Arthur (a metro area east of Houston), housing prices have fallen 4.62 percent year-over-year, making it the metro with the No. 5 steepest price correction in the South. Median home prices dropped to $217,000 in 2025, or $10,500 lower than the year before, the report found.

    Austin's housing prices fell 2.04 percent during the same time span, landing the Capital City in the No. 9 spot. The median price of a single-family home in Austin fell from $437,925 in 2024 to $429,000 last year.

    Houston appeared just outside the top 10, ranking 11th out of 20 Southern cities, with housing prices falling by 1.5 percent during the one-year period. Houston housing prices in 2025 fell to $335,000, or $5,000 lower than the year before.

    Surprisingly, San Antonio ranked near the bottom of the list with housing prices increasing by five percent year-over-year. Single-family homes in the Alamo City had a median price just under $300,000 in 2024, which spiked to $315,000 in 2025.

    Housing market predictions in 2026
    Zoocasa predicts the 2026 U.S. housing market is "poised for a steady revival" since mortgage rates have dipped nearly a full percentage point since this time last year. Current interest rates for a a 30-year mortgage are sitting at 6.16 percent, the study said.

    The NAR report additionally found that pending home sales have grown by 2.6 percent year-over-year from 2024.

    "Homebuyer momentum is building," said NAR Chief Economist Lawrence Yun. "The data shows the strongest performance of the year after accounting for seasonal factors, and the best performance in nearly three years, dating back to February 2023."

    The top 10 Southern cities where housing affordability is improving the most in 2026 are:

    • No. 1 – Naples-Immokalee-Marco Island, Florida
    • No. 2 – Dallas, Texas
    • No. 3 – Durham, North Carolina
    • No. 4 – Ocala, Florida
    • No. 5 – Beaumont-Port Arthur, Texas
    • No. 6 – Cape Coral-Fort Myers, Florida
    • No. 7 – Jacksonville, Florida
    • No. 8 – Atlanta, Georgia
    • No. 9 – Austin, Texas
    • No. 10 – Raleigh, North Carolina
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