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Update Dallas | A central hub for market and real estate news affecting the Dallas region.

A central hub for market and real estate news affecting the Dallas region.



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Homes for First-Time Buyers Across Dallas

April 28th, 2015 | by Michelle
10118 Champa Drive 75218, Lake Highlands, Shelle Carrig, briggs freeman sotheby's luxury home for sale in dallas fort worth-living

Enjoy an open floor plan and designer finishes at the newly renovated home at 10118 Champa Drive. Listed for $449,000. Photos / Briggs Freeman Sotheby’s International Realty

Historically low interest rates, driven even lower with cheaper gas prices, make 2015 the perfect time for first-timer homebuyers. The 30-year fixed rate is averaging 3.73 percent, and the 15-year fixed rate is at 3.05 percent.

Easing credit requirements could mean an additional 1.2 million home loans this year. And Fannie and Freddie recently agreed to back loans with just 3 percent down. Here are three houses to consider for your first home.

2900 McKinnon Street #502 | Uptown | Listed for $399,000

Located in the heart of Uptown near the AAC, the Azure offers upscale amenities, elegant floorplans and stunning views. Enjoy an open living area, hardwood flooring and an abundance of natural light. Building amenities include security, a resort-style pool, theater room, community center, fitness center and parking garages.

6234 Anita Street | Lakewood | Listed for $420,000

A great opportunity at this price for a three-bedroom, move-in ready home with hardwood and slate floors and updated appliances, a walk-in closet in the master and recently installed recess lighting. The spacious backyard with a large deck that is great for entertaining. You’ll be blocks from shops and restaurants.

10118 Champa Drive | Lake Highlands | Listed for $449,000

Situated on a wonderful is a beautifully renovated single-level home near White Rock Lake and acres of parks and biking trails.  Enjoy an open-floor plan and beautiful mahogany colored hardwood floors, plantation shutters, natural light and a fabulous kitchen. The home has three bedrooms, including a resort-like master suite.

For more luxury homes throughout the Metroplex, see briggsfreeman.com. Click here to see the latest in real estate news. President and CEO Robbie Briggs independently owns and operates Briggs Freeman Sotheby’s International Realty with seven offices in Dallas, Fort Worth, Uptown, Lakewood, Ranch and Land, The Ballpark and Southlake.

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