Tag Archives: Mls

Hip Pocket Dream: Snag This Gorgeously Classic Preston Hollow Ranch Quick Before It Hits MLS

6322_RoyalCrest-2

A little background story here: Bob Martin called me last summer, said he was thinking of selling his house. I popped over, we had wine, we toured. The home is great — Bob and his wife, Meaghan, have done a superb job of re-decorating the 1950′s ranch despite having a toddler in tow. Oh, child plus two rescue dogs. The home’s lines are classic LEAVE IT TO BEAVER but also cleanly now; the bedrooms look like they were just photographed for a Neiman’s catalogue. You know how I believe that homes have personalities and moods, and this is a home that just felt happy.

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Posted in Dallas real estate news, Economy, emerging real estate markets, House Candy, Real Estate, Real estate market news, Realtor news | Tagged , , | 9 Comments

How Hot Is the Dallas Real Estate Market? Hot Enough to Fry an Egg on the Sidewalk?

Sold Home

If you are a regular reader of this blog, which I hope you are, you know how hot our market is. I am afraid to postpone writing about a great property because it will be sold. I do not understand how you can write about homes now in print, especially magazine. It takes 30 days to publish a print book and in that time, a home could have flipped TWICE.

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Posted in Dallas real estate news, Economy, emerging real estate markets, House Candy, Real Estate, Real estate market news, Realtor news | Tagged , , , | 1 Comment

Hot DFW Housing Market, but Slim Pickin’s: Why Our Market Is Like Filene’s Basement Right Now

Coming Soon sign

Well yes, it’s not even mid-April and it’s a mad house out there in the inner-loop real estate world. Sales of pre-owned single-family homes in March rose 22 percent from 2012. 7,483 properties sold. That’s the highest number of home sales since March, 2007.

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Posted in Dallas real estate news, Economy, emerging real estate markets, Hip Pocket, Real Estate, Real estate market news, Realtor news | Tagged , , , | 6 Comments

Hip Pocket: About the Only Way You Are Going to Find a Home in Dallas Right Now…

I’ve told you all about Hip Pockets, right? Well, get used to hearing this term more and more if you are buying a house in Dallas. Our market is not just hot, it’s sizzling. Homes are selling even before they hit MLS. Not only is that a huge status symbol for your house, but it is tickling the brokers to death as they grab both sides of the deal AND skip over a whole lot of marketing costs.

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Posted in Celebrity Homes, celebrity real estate, Dallas real estate news, Economy, emerging real estate markets, House Candy, Real Estate, Real estate market news, Realtor news, Second Shelters | Tagged , , | 15 Comments

Monday Morning Millionaire: Take a Roll in the Hay – Walking Distance from the Dallas Country Club With Reclaimed, HP-Style Charm EVERYWHERE!

3724 Stratford ext

Will it really reach 84 degrees today in Dallas? I am loving this weather, but not as much as I am loving this beautiful English stone country manor built by the amazing Cy Barcus on the coveted street of Stratford in Highland Park. I feel like running over and rolling in that grass right now! If you know anything about Highland Park, you know this street. A short, brisk walk from the DCC, it is one of those “must have” addresses. Let me put it this way: I have dear friends who just TALKED about listing their home on Stratford last year, just mentioned that four letter word S-A-L-E. The house sold before ever hitting MLS. Now this home is destined to follow suit. Not yet in MLS, but soon will be. Custom built in 2004 by the aforementioned Cyrus Barcus, son of Cy, the home has 6069 square feet that includes five bedrooms, four and a half baths, exercise room,  study and game room. As if not enough, there is a full guest suite of 765 square feet above the detached two-car garage, perfect for visiting friends or even a college student. That college student had better fess up the rent, too: this guest suite has full view of the pool and large  Heck, I’d buy this and sell the guest suite as a fractional!

Read more on Monday Morning Millionaire: Take a Roll in the Hay – Walking Distance from the Dallas Country Club With Reclaimed, HP-Style Charm EVERYWHERE!…

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Troy Aikman Really Did Take His Home Off the Market… Like We Told You in September

Troy Aikman’s Highland Park home is officially off the market, as I told you back in September. Then, I thought it was because a buyer was circling, and selling it out of MLS could have kept the price a secret because of those pesky new MLS rules. But no,  Allie Beth Allman told Candace Carlisle at the Dallas Business Journal that he wants it off the market.

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Thinking of Making a “Z” Sale? Yesterday Was Your Last Day to Skirt The New MLS Sales Disclosure Rules

I spoke to MetroTex Association of Realtors MLS Director Cathy Faulkner yesterday about “Z sales” coming to an end. In the luxury market, “Z sales” gave lofty sales prices a sense of anonymity.

I won’t bore you with the technical details of what a “Z sale” is exactly. Check out this site for a primer on the practice. The gist is this: sellers who were gun shy about disclosing what they paid for a home listed on MLS put a “Z” instead of a big number followed by a lot of zeroes.

Dallas Realtor Jeff Duffey says the death of the practice “will never affect approximately 99% of the real estate market areas throughout North Texas.” However, he estimates roughly 20 percent of the sales in high-end neighborhoods such as the Park Cities, Preston Hollow, and Turtle Creek are “Z sales.” Continue reading

Posted in Dallas real estate news, News, property taxes, Real Estate, Real estate market news, real estate taxes, Realtor news | Tagged , , , , , , | 23 Comments

Friday Five Hundred: Hot Hip Pocket in Greenway Crest Has an Amazing Master Suite

Maribeth Peters of Allie Beth Allman & Associates sent in this week’s Friday Five Hundred, a Hip Pocket listing in Greenway Crest.

“It is so hard to find a pretty two-story traditional home in Area 25 and at a reasonable price under $600,000 with an amazing Master Suite,” Peters said. If you know someone who’s on the lookout for just such a home, you better hurry because this home could hit MLS this weekend.

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Did it Sell? Why Is Troy Aikman’s Home Listing on Highland Drive in Dallas Cancelled?

Curiously enough, Troy Aikman’s home is no longer on Allie Beth Allman’s web site. And when I checked MLS, it said CANCELLED. What does this mean?

A. Troy has taken his home off the market and needs a break from the exhausting sales process. It is so hard keeping one’s home perfect for every showing. Honestly, don’t people know we all have to live in a house — no, they don’t. This will also relieve him of the peskiness of people like me wanting to write about his house.

Read more on Did it Sell? Why Is Troy Aikman’s Home Listing on Highland Drive in Dallas Cancelled?…

Posted in Celebrity Homes, celebrity real estate, Dallas real estate news, House Candy, Real Estate, Real estate market news, Realtor news | Tagged , , , | 13 Comments

BREAKING NEWS: Former Dallas Mayor’s Home Will Hit MLS Tomorrow Morning

Tom Leppert’s place at 9925 Alva Court (once listed by Eleanor Sheets) will be up for grabs on MLS tomorrow morning. Mary Poss of Ebby Halliday will be the listing agent.

Mary describes Leppert’s home as “an absolute masterpiece.” Continue reading

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