Sign up for a 30-day trial today.

Cathy K Witte

Oregon Bans Single-Family Zoning

Oregon Bans Single-Family Zoning – While the Apartment Market grows in DFW

Salem: Oregon is the first state to ban single-family zoning. In cities with a population greater than 25,000, “middle housing” will be allowed in neighborhoods where zoning had previously only allowed single-family homes. Middle housing refers to units that fall between suburban style single-family homes and high-density urban apartments. It includes small multi-family buildings such as duplexes and fourplexes, as well as groups of tightly packed houses called “cottage clusters.” Proponents of missing middle housing say it represents a more diverse range of home sizes and price points, which leads to greater affordability and neighborhoods with greater diversity.

DFW: DFW continues as the nation’s leading apartment market, according to RealPage, with around 100 apartment communities under construction with 29,000+ units. Another 89 communities with 39,000+ units are planned. With 90+% occupancy in DFW, rent rates are up 3.3% over the last 12 months.  

DFW: Condo sales in the DFW area by real estate agents were down 10.5% in the year ending in June compared to the prior 12 months according to the Texas Association of Realtors. Townhome sales were down 7.2% in the same time period. Statewide condo sales are off 8.4% and townhomes are 2.7% lower. DFW agents sold 3,375 condos and 2,643 townhomes in the time period and statewide sales were 13,118 condos and 8,849 townhomes. Median sales price for condos was $189,000, up 1.5%, and $226,000 for townhomes, down 1.2%. Single-family sales are up 1% and the median sales prices at $265,000 are up 2%.

To receive updates on the market and more information such as this, feel free to subscribe below

Specializing in the sale of fine homes in the Park Cities, Preston Hollow, M-Streets, Lakewood and Bluffview. Cathy’s success is based on 35+ years corporate business and real estate experience, a commitment to meeting customer needs and a thorough understanding of communication and the marketplace.  Having spent years working internationally and fluent in several languages, Cathy brings a unique ability to listen and understand diverse client needs allowing them to effectively represent both buyers and sellers.  With experience in top management, she is used to handling complicated transactions while remaining focused on the results.  She is smart, persistent problem solver and is known for their attention to details, negotiating skills and “keeping the deal together”.  Her professionalism and integrity has led to a strong network of referrals from past clients.  Consistently performing at a Top Producer level, she ranks in the top percentage of Allie Beth Allman & Associates year after year. Cathy and her husband, Tony, a licensed agent as well, have relocated domestically and internationally (Europe, Latin America and China) more than 3o times themselves, Cathy and Tony know the ins and outs of getting the move done efficiently with a minimal amount of stress.  They are experienced with both corporate and individual relocations and second/vacation and investment homes.