There are some amazing homes with incredible views in Heath, folks! The annual Heath Holiday Tour of Homes, which benefits the 2013 senior class at Rockwall Heath High School, lets you check out some amazing homes in this spectacular small town.
No other home I can think of typifies this great compliment to our city like 11442 East Ricks Circle. OK, I’m a wee bit biased as this home is in my ‘hood and I walk by it’s glory every time I walk Bree on the Circle. This is a one-owner home, built brand spanking new and solid in 1990, and it has never been on the market. Continue reading
I want a lake house. Full disclosure: I’m looking at Beacon Hill, too, on Cedar Creek Lake. It’s a little closer in, and the developer is creating one of the most magnificent lake communities in the south. Stay very tuned!
All the second homes in Destin, Port Aransas or Pebble Beach could not pull me away from next Saturday’s Park Cities Historic and Preservation Society‘s Spring home tour. That’s April 2, 2011, from 10 am – 4 pm. The owners of six gloriously historic and architecturally significant Park Cities homes will toss open their doors to all House Candy lovers. The homes are: 4236 Armstrong Parkway, 4809 Drexel Drive, 4308 Stanhope, 4200 Shenandoah, 7715 Turtle Creek Blvd. and 3830 Windsor Lane, pictured here. Even better, get your shopping fix in: during the home tour, there will be a boutique at the 4809 Drexel Drive, Highland Park, home, featuring preferred vendor items. The Home Tour is open to the public and tickets are available now.
Barrons is bragging how they called it: the second home market has bottomed, and the rich are out swooping up the bargains. Prices of high-end second homes have sunk, some as low as 40%. And Barrons lists the top second home markets in the US. Sea Island, Georgia was rated number one. Next comes Maui, The Hamptons, Aspen, Martha’s Vineyard, Lake Tahoe, Kiawah Island, S.C., Palm Beach, Pebble Beach, Greater Palm Springs, Sun Valley, Bray’s Island Plantation, Lake Geneva (where I used to go as a Chicago kid), and Ashville, N.C. The Barrons report (not sure if sub. req.) tells why these places are so glorious, and lists average prices like $2.5 to $4 million. With prices and places like these, no wonder readers got ticked off — check the comments!
A Muksego, Wisconson couple fed up with the housing market are now trying to sell their vacation home north of Chicago by fractionalizing it. The 1,800-square-foot ranch which they bought in 1999 is a 1950′s era on a three-acre¬†island in¬†Little Muskego¬†Lake, pictured here. Now they want the cash out for another project so instead of letting the home languish on the market, they are selling twelve shares to nine owners, who would each pay $69,900¬† for¬†a one-twelfth share, which¬†amounts to one week per quarter.¬†The Sauers would¬†own some of the shares, and the house would be rented out on major holidays, such as Memorial Day, 4th of July week, Labor Day and New Year’s Eve, to cover the property’s expenses.
1. Second home trends: Affluent Baby Boomers will retire later and downsize from their large McMansions for which utilities and taxes have become prohibitive, to smaller homes, maybe condos,¬† in the city and a second home — in the cheaper boonies, or in another city. Just last night a reader emailed me that his biggest dream is to own a second home condo in Quebec! Cripes, even Disney is getting into this market.
I was at the East Dallas MLS meeting early this morning, and I am already pining for Luby’s baking soda biscuits. Great crowd, and as usual I learned as much from them as they (hopefully) learned from me. We talked SecondShelters a lot, and how more agents are marketing second homes properties to their clients. We talked housing and our local market. Awhile back, someone had told me that homes were selling in Rockwall like hotcakes you could barely find any listings. Not so, say my compatriots in East Dallas. Rockwall is now Foreclosure City. Too many new homes, too much borrowed against them, things are not real pretty in Rockwall under the stone facades. But what about Rockwall for a second home? Look at that sunset!