Tag Archives: National Association Of Realtors
Girl Power: More Women Are Buying Real Estate Before They Put a Ring On It To The Tune of $72 Billion
Sure, it’s easier to buy a home when you have a spouse. Dual income households tend to be a no-brainer to some mortgage lenders. But that hasn’t kept all the single ladies from becoming independent women with homes of their own and, of course, bills, bills, bills.
You Don’t Need To Be Psychic To Know What Homebuyers Want! NAR Study Dissects What Features Sell Homes
What kinds of features sell homes? According to the National Association of Realtors 2013 Home Features Survey, upgrades, as well as extra space, will turn a listing into a sale. Continue reading
The FSBO Conundrum: Five Things to Consider if You Want to Sell Your Home Yourself
I found this cute house over off Inwood and Lovers, on a little street called (7203) Morton.
Sorry, no links: it’s a for sale by owner. Continue reading
State of the Real Estate Market: Are We Recovering Addicts? Do We Still Need Betty Ford?
I have just returned from the “Mile-High City” where they have altitude, medicinal marijuana and a pretty decent real estate market. I was at the annual National Association of Real Estate Editors conference where, for four days, we nutcakes who obsess about real estate lived and breathed it 24/7, consuming information. And alcohol. The main take-away: enjoy that drink. Significant declines in the number of homes for sale in many U.S. markets, and fewer foreclosures (or foreclosures on hold) are boosting the country’s battered housing market. I spoke at length to two of my favorite economists, Stan Humphries of Zillow, and Mark Fleming from CoreLogic, who gave me this zippy summary up in the hospitality suite of the Brown Palace Hotel: Continue reading
Posted in Celebrity Homes, celebrity real estate, Dallas real estate news, Economy, emerging real estate markets, Real Estate, Real estate market news, Realtor news
Tagged Dallas real estate news, Foreclosures, Mark Fleming, National Association Of Realtors, real estate, Stan Humphries, Stan Lawrence
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Dallas Home Sales Soared in August, and September’s Going to be a Friggin’ Bonanza
Good news from the National Association of Realtors — home sales across the country spiked up in August. Of course, they should: August is always the busiest real estate month of the year, when families want to buy homes and get settled before the school year. Dallas residential sales were up by a whopping 29.1%, among the highest of the national metro areas. That and our smidgen of an increase in prices — point 3 percent — was enough to earn kudos from BusinessInsider, who anoints us as one of the top ten U.S. cities where sales are bouncing back.
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Why (Gasping) Rick Perry Is On His Way Up In The Polls: Texas Is a Stud State for Realtors
Update: At that Vail meeting with Kelcy warren et al, The Daily Beast is now reporting that the Koch brothers compared President Obama to Sadaam Hussein.
He is picking up money like crazy. On the Perry bandwagon now apparently is energy billionaire Kelcy Warren, he of pipeline magnate Energy Transfer Partners, and owner of one of the most expensive homes in Dallas: 5323 Park Lane. The former home of Joyce and Larry Lacerte has entertained, among others, former President George W. and Laura Bush, Senator Kay Bailey Hutchison, Jaap van Zweden, Prince Edward, Caroline Rose Hunt, among others, plus feted countless Dallas charity galas and pre-galas. 5323 was listed in 2008 for $45 million, then was lowered to just under $40 million. ( Zillow, in it’s infinite wisdom, had it “zestimated” at $26,063,000. Funny.) Warren snapped it up for just under $30 million-ish, and asked for an outside appraisal. Seller’s agent was precious Ralph Randall, Dave Perry-Miller & Associates. The buyer’s agent was Rosie Waters of Allie Beth Allman and Associates, who is married to football legend Charlie Waters, who I believe works or worked for Mr. Warren.
Renter Nation: Help This Poor Family Find a Home to Rent, Richardson ISD
Is Dallas getting to be a city of more renters than home-owners? And why is it harder to find homes to rent than to buy? A friend, a high-profile Dallas photographer, emailed me this very question. When it comes to finding real estate, there are more sites than stars out there where you can search for real estate. Of course, it didn’t use to be this way. Once upon a time before the Internet, the real estate market was a totally different puppy. You relied on Realtors to check out giant MLS books of listings, all updated weekly. There’s the key: the Realtors guarded the information, they controlled it.
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Dallas Real Estate News Round Up: It’s The Housing, Stupid
“It’s The Housing, Stupid.” – What I hope someone writes on a wall somewhere in the White House.
Now that there is a pay wall at the Dallas Morning News — I do subscribe — I will try and give you a weekly re-cap of real estate news and a look/see at what our local market is doing. Let’s call it Good News/Bad News. Because, as we all know, just because the sky is falling in Maryland, it may not be here in Dallas. Here’s a piece I wrote on AOL, eager to show the world that housing is not blanket-ly bad. Because if you read the headlines Monday, you may have wanted to go back in bed and pull up the covers for another five years. Yahoo News: “Home Sales Tumble”. The National Association of Realtors says home sales tumbled 9.6 % and are at a 9 year low, which I guess is better than a ten year low.
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Posted in Dallas real estate news, Economy, emerging real estate markets, Real Estate, Real estate market news, Second Shelters
Tagged Dallas Morning News, Dallas real estate news, Dallas real estate trends, Global Insight, National Association Of Realtors, national real estate trends, Obama, Price Declines, Reuters Survey, San Antonio Houston, Texas real estate news
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Dallas Real Estate: Know of Any Cash Buyers in Dallas?
I wrote a piece for AOL this week that was very telling: cash real estate transactions are up, as originally reported by the Wall Street Journal: in fact, cash buyers may be juicing up the market, especially in the underwater areas. The WSJ wonders if this could be a good gauge that the market has bottomed. When looking deeper, I found that cash real estate transactions were as high as 51% of all the real estate transactions in troubled Las Vegas, where it is cheaper to buy a home than rent IF you can get financing.¬† Cash buyers represented more than half — 50 percent — of all transactions in the troubled Miami-Fort Lauderdale area last year, this according to Zillow.com. Looking back at 2006, cash was king on only 13 percent of deals. That cash was enough infusion to make Miami home prices actually rise 15 percent in 2010 from a year earlier, according to the Miami Downtown Development Authority. And in drowning Phoenix, the percentage of buyers in Phoenix paying cash hit 42 percent in 2010 — which was more than triple the rate in 2008.
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