A Candid Take on Real Estate Development with Phillip Huffines
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A Candid Take on Real Estate Development with Phillip Huffines
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On this episode of Dallas Dirt, host Candy Evans engages with Phillip Huffines, President and CEO co-owner of Huffines Communities, to discuss his journey from selling fireworks to becoming a notable figure in North Texas real estate development. Huffines provides a candid look into building communities, addressing challenges, and understanding the nuances of the real estate industry.
One candid take — Huffines said that city regulations and impact fees — are one-time charges levied by local governments on new development projects to help fund capital improvements and facility expansions necessitated by the growth like roads, schools, police and fire, and parks — can add as much as $30,000 to the price of a home.
This episode of Dallas Dirt offers a closer look at the complexities of real estate development through the lens of Phillip Huffines. The discussion underscores the interplay of regulations, market forces, and community planning in shaping North Texas's housing landscape.