Popular real estate, new record store and other top news from the Dallas and Fort Worth area

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Construction continues on Shady Brook, a residential complex near downtown Grapevine. The increase in the number of new homes is one of the factors that, according to experts, can help reduce the pressure on the local real estate market. (Stephen Rizevski / Impact on Society)

Read the most popular business and social news from the past week in the Dallas and Fort Worth area.

Understanding the real estate market in Grapevine, Southlake and Colliville

The hot housing market in the Dallas-Fort Worth metro is forcing developers to look for any available land to build homes, especially in built-up markets such as Grapevine, Colleyville and Southlake.

Historic housing shortages are driving up costs in Lewisville, Flower Barrow and Highland Village.

The high level of demand means that most homes are selling for more than the asking price. But the bank will only approve a loan for an amount equal to the value of the home, said Lisa-Marie Thompson, loan specialist at Flower Mound with Primary Residential Mortgage Inc. “the difference,” she said.

ZT Records opens at Stonebriar Center in Frisco

The music store features dozens of original and contemporary records from a wide variety of artists. ZT Records also performed an installation at the Frisco Mercantile Center.

The Blue Fig international market in Plano sells products from all over the world.

Visitors to the Blue Fig International Market not only visit everyday products, but also memories. The store’s inventory consists of items that are more common in other countries, from Turkey to Russia and Pakistan.

New Dreamy Desserts Store Brings Sweets to McKinney

The store sells treats such as strawberries with cream, ice cream and candy snow cones, pancakes, milkshakes, flan, fruit cups, ice cream and tres leches cake.

Steven Riesewski, Olivia Lukemeyer, Matt Payne, Karen Cheney and Miranda Himes contributed to this report.



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