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Happy Friday! It’s wedding season, so I know a lot of you are headed out of town. I’ll keep things short and sweet: This house is amazing, you’re going to love it, and someone is going to buy it before you can get your checkbook out.
Sponsored by some of the biggest names in Dallas luxury real estate, Dallas Modern Expo will be the place to be if you love sleek, modern design.
Set in Victory Park from May 17 to 19, this expo will feature booths from Briggs Freeman Sotheby’s, Bulthaup Dallas, Flor, and just about half the galleries in the area. I am thrilled that one of my favorite art galleries, Valley House Gallery, is an exhibitor. Lovely people!
Read more on Ticket Giveaway: Comment to Win Two Tickets to The Dallas Modern Expo This Weekend…
Highland Park is hot. Don’t you love how the rest of the world is suddenly paying attention to Dallas? Our economy is great, and our real estate market could not be better. We may have some quirky politicos, and some of us OD on the decorating with the three T’s: turrets, trophies and tusks. But we are Texas, the rough-tumbling, independent, do-it-your-way state. I had heard that the Wall Street Journal sent a reporter down to Dallas to check out our real estate a week or so ago. That reporter was Alyssa Abkowitz. We are friends on Twitter. I was told she originally came down to research the Oil baron’s story — how “the shale-oil boom in the Lone Star State has created a different kind of gusher: oil executives flush with cash looking to buy luxury real estate.”
Photo: Business Insider
We’ve got a low cost of living, a relatively stable job market, affordable real estate (when you can find it!) and an average commute time of just 12 minutes!
Read more on Business Insider Ranks Dallas No. 3 Wallet-Friendly City in The U.S….
When George and Laura Bush bought their home on Daria Drive five years ago, we debated over and over what their presence would do to the Dallas real estate market. Some said values on Daria Drive would plummet. Some said people would move out, fearing security issues. Others said the street and entire Preston Hollow area would see amazing increases in values (stay tuned). As it turns out, it looks like having the Bushes in Dallas helped not only Preston Hollow real estate, but the image of the whole city of Dallas. Yesterday we were filled with the five living presidents, including of course President Obama and his beautiful wife, Michelle (who looked so fabulous) but hosts of dignitaries. Yes, security was tighter than Kim Kardashian’s Spanx and as I drove downtown to Rockitecture, 12 military choppers were hovering over the Dallas North Tollway. A friend in Maryland wonders just how much all of that cost the taxpayers, something I probably would have said if it had not been happening in my home town. But yesterday, no matter what the cost, I was incredibly proud to call Dallas my home-town and share it with the world. You?
Have you noticed how the homes in Dallas are getting pricier? Maybe it has something to do with all the VIPs in town today, but a million dollar home now seems to be almost, well, commonplace. We know it takes almost a million to gain entry to Park Cities. But yowsers, now we are seeing a flurry of serious double digit listings, and I am not just talking about Tom Hick’s triple digit Crespi Estate. Dallas real estate seems to be on a roll as hot as the city itself. Talking to Phillip Day, vice president of residential sales at BahaMar, in Nassau, The Bahamas the other day at a SecondShelters event. By the way, Dallas was Phillip’s first stop in the United States for U.S. sales of this $3.5 billion dollar development. Phillip has been away from Dallas for a bit, having sold off luxury second home residences at The Residences Viceroy Anguilla. He drove around Dallas a bit before our soiree, and told me this: “You know how it is with your kiddos, when you see them every day and don’t realize how big they are getting? Then one day you measure them and see how they have just shot up. Well, that’s what has happened to Dallas.”
Hunter Dehn is modest about his success in real estate. With the Platinum Series Realty brand, he’s marketed some of the most expensive listings in Dallas, including 4939 Manson Court. With Mark Molthan’s Platinum Series Homes, these two are building and selling some of the most sought-after luxury properties in Dallas.
Of course, growing up in Preston Hollow surely helps understand the ins and outs of the area, and gives Dehn a lot of leverage in a luxury market where inventory is as scarce as it is competitive. Continue reading
You can tell when someone hasn’t spent much time in Dallas when they refer to our summers. They use words like “scorching,” “oppressive,” or some other generic term. In Curbed‘s case, they say that “a long lap pool also features plenty of seating for guests beleaguered by the hot Dallas summer,” in their write up of J. McDonald “Don” Williams’ incredible Bluffview contemporary mansion.
Valley View Shopping Center is shaping up on paper like a Victoria’s Secret glossy ad, but one thing’s for sure: it may never again look like the Valley View Mall many of us grew up with! I will never forget the opening of Bloomingdales over there, how cool was that? Alas, now Valley View is suffering behind the road hell that is LBJ is and you almost cannot even see it anymore. But like I tell myself every time my tires touch LBJ, this too shall pass and something way better will be here. Well, after a year working closely with the City of Dallas, neighborhood stakeholders and internationally respected architects, i.e. everyone, Beck Ventures is giving us a first look at detailed plans for the transformation of Dallas Midtown. And it is, to say the least, ambitious!
Read more on Let’s Gondola Over to Dallas Midtown Valley View… Shaping Up as a New Dallas Community…