We knew 2013 was a banner year for Dallas Realtors as our market pulled itself up by its bootstraps and posted post-recession growth that amazed even the most seasoned brokers. But according to research from the Real Estate Center at Texas A&M University, the market posted year-over-year numbers that showed Texas flexing its economic muscles like never before.
First-time homebuyers are finding it harder and harder to get into their dream home.
The National Association of Realtors said that first-time homebuyers make up only 28 percent of the national housing market in a Jan. 28 new story, the lowest number since the organization started measuring the demographic in 2008. According to the NAR, first-time homebuyers typically make up about 40 percent of the market, but several factors are keeping them from purchasing a home, including higher competition for lower priced properties, which are being swept up by investors at increasingly high rates. Continue reading
With White Rock Dog Park Getting a Million-Dollar Makeover, Should We Be Investing More in Southern Dallas Instead?
Great story from our favorite Dallas Observer reporter, Eric Nicholson, on the proposed $1 million makeover the White Rock Dog Park is getting.
It’s probably the most popular dog park in all of North Texas, considering that when I’ve taken my Great Pyrenees mix there, I’ve run into folks from Frisco and Murphy. It gets a lot of use, and some days it’s little more than a fenced-in mudhole, so it could definitely use some work. But $1 million worth of work? Continue reading
Buying Up The Bling: Texas Luxury Home Sales Post Double-Digit Growth, With Sales of Posh Pads in Dallas up 22 %
Homes priced at $1 million or more are moving like hotcakes in Texas, according to the 2014 Texas Luxury Home Sales Report from the Texas Association of Realtors. The figures, assembled using data from the Real Estate Center at Texas A&M University, show that every Texas metro area posted double-digit growth in luxury price ranges.
He is Salem Boohaker, the General Manager of the new Belk department store going in at the Galleria.
Salem is single, has no children, and I am told he is having a tough time finding a neighborhood to call home in his new home, Dallas. Yes, Belk is that new store going in where Saks and (be still, my heart) Marshall Fields once was, at the Dallas Galleria.
Is Dallas Overvalued? And Why is Fort Worth a Market to Watch? Trulia Breaks Down What to Expect in 2014
Trulia’s Chief Economist, Jed Kolko, isn’t necessarily infalliable, but he does have an interesting perspective more often than not. His views on the broader economy are often spot-on, though, which really puzzles me on his recent forecast for 2014 that says increases in home values will slow next year, and that many of the markets posting big increases in 2013 will grow stale.
Renting in Reno: Dallas Nostalgia Remains, But Love For Reno Shows Gains As Georgia Fisher and Fiance Plan to Stay
We think we’ll stay in Reno. We’d never have dreamed as much — not if we could dial back to early 2012, anyway — but that’s the same story everyone has.
One of my fiancé’s colleagues has family members who promised, despairingly, that they’d “pray for” him when he relocated here. Naturally, he’s fine now.
Let’s talk about Hill Haven Heights, OK? I love this area. It is a fabulous neighborhood bordered by North Central Expressway, Hillcrest, Forest, and Royal, so it’s extremely accessible. It’s also full of great single-family homes and a few great condo communities. It’s not far from the Park Cities, Preston Hollow, or the scads of shopping options lining Highway 75.
A Home Gadget You’ll Love That Could Save Your Life: Nest’s New “Protect” Smoke Alarm Looks a Whole Lot Better Than Traditional Ones
More and more buyers are opting for “wired” homes that fully integrate alarms, media, and safety, but it’s not accessible for all price ranges.
Until now that is.
Today Nest, the creators of their gorgeous interactive programmable thermostat, launched “Protect.” It’s a full-featured smoke detector that not only works with Nest thermostats, but can send push notifications to your smartphone when something’s up. It also has a motion detector, and in case you like your bacon crispy, it can be deactivated with a gesture instead of furiously batting a spatula or tea towel at it. And it’s gorgeous, too.
Dallas is a pretty dang popular place to move to, with 54,388 households moving into Big D according to the National Association of Realtors. While Dallas County ranks second behind Houston and ahead of third-place Tarrant County in households relocating to our fair burg, more people are packing it in. Continue reading