Steve Brown interviewed a cross-section of Realtor buds, from Lydia Player to Robert Kucharski to my buddy Scott Carlson. And what are they saying? Just what we’ve been telling you: house inventory is at a 20 year low, the market is hot, bidding wars on homes that are listed, prices spiking. CoreLogic tells us that in January, cold frigid January, home prices here leapt up 12% over 2013. And here is Steve’s MLS breakdown on the hotness of close-in Dallas ‘hoods:
Inwood Home of the Week: A Kessler Woods Wonder to Get You Back on That January-Get-Sleek-Diet-Regime Track
I don’t know about you, but this cold yuck just gave me yet another excuse to bake and cook, well, yes,
eat drink. I need to find some homes for diet inspiration! Homes that make me want to jump and move and burn fat!
AA Merger Magic for Our Real Estate Market: US Air Exec Snaps up Sharif & Munir Mansion on Strait Lane
Here is yet another indicator of our hot, hot real estate market even in the double-million dollar price range. And it’s a good example of how our economy is feeding the real estate frenzy for the One Percent. The merger of U.S. Airways with American Airlines has brought a whole slew of high-end buyers to Dallas, and any agent with a home over about five million is polishing up their portfolio. Continue reading
I have christened Milennials the Concierge Generation.
These kids aren’t so bad after all! Turns out, they actual buy homes, even though some of us may have thought they’d live in dorms forever. According to Real Estate Coach Travis Robertson, millennials bought up about one-third of residential real estate in 2013. This is very much in tune with what we learned last week in Las Vegas at Luxury Portfolio/Leading Real Estate Companies of the World.
I don’t know about you, but this is the first primary where I have actually enjoyed seeing campaign signs out and about. Why? Because the candidates all have such great names: forget Bob, John, Paul or Mary: we have Chart, Morgan and Court — and then my precious Leigh Bailey on the Democratic side. When I write my novel, I am going to steal all of these Republican candidates’ great names.
Update 7:12p.m: More photos just in. This one is hot off the press, folks!
I have decided that we have had our last ice storm of the season. That’s it. Over and done with.
Hey guys, listen up. I’ve finally got my own TV Show! It’s called Party Line Real Estate, it’s loaded with real-time Real Estate news, and you are going to LOVE IT!
I LOVE IT when Real Estate agents get together and TALK! After all, it’s Friday. And we know there is no better way to network than at a party with the top agents in town, great food, a little string quartet music, and a Candy bar! Well, we got a whole camera crew and invited Realtors to have some fun and give me the inside scoop on this crazy market. It was such a success, we are going to have a party and a Candy bar every month! And you are invited to come and share! Continue reading
While at Luxury Portfolio International in Las Vegas this week, I tried to stay away from Blackjack and the Craps tables and soak in all the hot deets for you from the world’s leading experts on everything luxury. The most important take-away for me was this: luxury is back and hello, the consumers are younger than ever!
Rock star power and LOCATION! 5210 Meaders is in Mayflower Estates, that area of huge, leafy, stretched-out acreages north of Walnut Hill Lane, south of Royal, east of Inwood that I think are among the best lots in Dallas. I’ll take Mayflower Estates over Old Preston Hollow any day. This 6,783 square foot Hill Country masterpiece sits on .94 acres, was built by Manning & Snelling in 2004, and is a looker! If you are really keen on sleek Austin-style, Hill Country clean, this home will rattle your nerves in the best possible way.
If you are looking for a home in the $200K range, good luck. Pretty much everything that is clean inside with a few updates here and there is under contract within a few days. Of course, there are some holdouts.