Keller - Roanoke - Northeast Fort Worth - July 2022

2022 REAL ESTATE EDITION

Home starts in the district Northwest ISD has seen an increase in the number of new homes starting construction within its boundaries. Here is the number of new home starts for each year since 2016.

Closings for new homes Northwest ISD comes out on top when area school districts are ranked by the number of new homes sold or newly occupied within their boundaries for the year that ended March 31.

4,590

1,300

1,415

2,813

Number of home closings in area school districts

2,201

1,066

1,872

1,748

1,670

Note: Q2 data not yet available

1,156

619

560

407

396

503 537

599

557

501

458

712

490

321

719

471

445

630

493

309

449

493

2016

2017

2018

2019

2020

2021

2022

SOURCE: ZONDA EDUCATIONCOMMUNITY IMPACT NEWSPAPER

said Tony Ruggeri, co-CEO of Record Street Residential, a subbrand formed by Republic Property Group to bring Litsey Creek Cottages to market. “It’s a lot more challenging to qualify for a mortgage.” He said the goal with Litsey Creek Cottages is to oer a single-family home with a yard and a two-car garage at prices similar to apartment rent.

The homes are clustered in smaller U-shaped groups with a central green space, Ruggeri said. “We’ve oriented them in such a way to curate a sense of community,” he said. “We have these little pocket neighborhoods, and in these pock- ets, we hope that we can have some interaction and encourage people to get to know their neighbors just like

empty nesters looking to downsize, he said. “We’re excited to see who ends up choosing to live in Litsey Creek Cot- tages and call it home,” Ruggeri said.

they would in one of our larger master plans.” He said the rst homes should be available for move-in by October. The build-to-rent model is new enough that Ruggeri said he and his partners are not sure what kind of res- idents it will attract. It could be singles and young families just starting out or

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KELLER ROANOKE NORTHEAST FORT WORTH EDITION • JULY 2022