Buildings D and E will have 159,800 and 300,000 square feet, respectively, 30-foot clear height and superflat floors. Occupancy is slated for third quarter 2001. Extending real estate brokerage powers to banks will only make the situation worse. Areas as diverse as Old East Dallas, Richardson and The Colony recorded double-digit percentage drops in sales. Area Realtors are not pessimistic though.
Housing continues to do well.
For example, house prices across the nation are rising at an annualized rate of 8.4 percent, according to Freddie Mac's Conventional Home Mortgage Price Index. Based on February's consumer price index the annualized inflation rate is 3.7 percent. Verizon Wireless has laid off 10 percent of its 1,200-person staff at the regional headquarters in Westlake because of restructuring. Ga. Verizon Wireless had been looking for sites for a new corporate campus along State Highway 114. Walzem Park is a new 120-acre, gated manufactured home community on the northeast side of San Antonio.