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It has been a sad, sad week for the Dallas and Fort Worth real estate markets. It has been a week of tremendous loss of great people who have helped make Dallas and Fort Worth the great real estate cities they are.
Read more on Huge Week of Losses for Dallas/Fort Worth Real Estate: Randy Stegall, R.I.P….
I guess what I like about demographer, futurist and urban observer Joel Kotkin is that he is upbeat about both America and Texas, and he shares my gut common sense instinct that most people, families, want to live in homes, not a bunch of scrunched-together apartments. (So why are we building so many in Dallas???) He is practical in his thinking that Americans will always have a love affair with their autos, and that we will have most of our growth in suburban towns, where families will find safe, affordable housing and decent public education for their kids. Yesterday, I learned of an amazing new master-planned development you will be hearing a lot of on this blog, Phillips Creek Ranch by Republic Property Group, in Frisco: unbelievable $350K homes with a million dollar plus lifestyle of clubs, pools, hike and bike, and fabulous schools. Then there’s Emerald Sound. I think, like Joel does, that growth will be in the suburban areas — you cannot deny it. Take a stroll in your car down Geo W Bush and tell me he’s wrong. We will drive and park — to mini-cities — from suburban town to suburban town. That’s why I am so excited by what Scott Beck plans do do with Valley View Mall.
Read more on Joel Kotkin is in Fort Worth Today: I Love That He Loves Tejas…
Just talked to Robbie Briggs about the Williams Trew deal with Sotheby’s. Briggs-Freeman owns the Sotheby’s franchise for Dallas and Collin Counties, NOT Tarrant. William Trew got the Sotheby’s application through likely because they are a local firm, he says, and Sothebys likes strong local, upscale brokers. But, he said, that is not going to stop Briggs Freeman from selling real estate in Fort Worth. Continue reading
Oh the battle for the high end real estate dollar is getting heated up in our sister city to the west, Fort Worth. Williams Trew, a high end Fort Worth residential real estate firm, is becoming an affiliate of Sotheby’s International beginning May 1. The company will be re-named Williams Trew Sotheby’s International Realty, the companies said officially Thursday. Continue reading
Eureka? Listen to this report from the folks at CBS 11:
Just head east from Fort Worth into Arlington and further to Dallas; multi-million dollar home listings are heating up the regional real estate market. “We’re in a pretty healthy market here in Dallas,” said Robbie Briggs, owner of Briggs Freeman Sotheby’s International Realty. Briggs says the luxury market is growing as the region draws wealthy new residents. These homes are filled with wine cellars and home theaters. Another comes with an indoor basketball court. Continue reading
Fort Worth and Dallas real estate moola has helped Glenn Close achieve the dream of her lifetime: Albert Nobbs, an independent film that was heavily financed by Crescent Real Estate Equities CEO John Goff and his darling wife, Cami, is in line for some Oscar gold after it was nominated for three Academy Awards this morning! The star, writer and producer Glenn Close was nominated for Best Actress, her co-star Janet McTeer was nominated for Best Supporting Actress (the film was also nominated for Best Makeup). Remember Glenn came to Dallas to seek funding for this film, when she told me she knew it would be the performance of a lifetime. You MUST go see the film this weekend when it opens in Fort Worth-Dallas, and let me know what you think! Continue reading
Albert Nobbs is the tale of a woman posing as a man in 19th-century Ireland, and it is an amazing, incredible story of humanity: how cruel we can be, how we will do anything including totally losing our sense of self in order to survive. Last night we were treated to a private premiere of the movie in Fort Worth thanks to power couple Cami and John Goff. John is chairman and CEO of Crescent Real Estate Equities, which owns the Residences at the Ritz Carlton in Dallas, one of my favorite Dallas high rises.
Update from a young friend of mine named John J. Stathas, who is a law student over at Texas Wesleyan Law School in Fort Worth who has been telling me for awhile why he loves Cowtown. I mean, Fort Worth. I asked him to write it down and tell me why last fall, and he says the same holds true. Next up from John: how’s that Hispanic growth affecting urban life:
Read more on West 7th in Fort Worth: Still a Thriving Urban Village…
You’ve heard of Fort Worth-Arlington, yes? No? Gosh darn it, what is the name of that other city to the east of Arlington that starts with a D?
Oh right, yes. Dallas.
Read more on Dallas Vs. Forth Worth: Is Dallas Becoming a Second-Class City?…