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Real Estate Blog

source: Candy's Dirt

The whole of North Dallas is full of houses with excellent bones. These homes, many built in the 1970s, are just waiting for the right person to come along and revive them. I’ve long been in love with the bold, angular rooflines, vaulted ceilings, and open floor plans of 1970s soft contemporary architecture, and I get quite giddy when I see one that’s received an especially good-looking facelift. 

That’s what happened when Ernesto Miranda, Principal of MAGELLAN ARCHITECTS (formally WALKER+MIRANDA), took on 6212 Emeraldwood Place in the Northwood Hills neighborhood. Located just south of Belt Line Road and west of Hillcrest, this neighborhood is chock full of 1070s soft contemporary architecture. If you own one of these

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  • Agents sold 8,260 preowned homes in September, a 7% decrease from September 2017.
  • Year-to-date existing home sales are now flat with the same period of 2017; a record of over 106,000 existing homes were sold in 2017.
  • Higher mortgage rates and years of rising home prices have caused some buyers to retreat from market.
  • Inventory of available homes increased 16%, but still represents only a 3-month supply; 6 months is considered a balanced market.

Market Report

Happy Fall!

It’s always a welcome change to me when the temperature falls (some) and the leaves begin to change to vivid autumn hues.

As you can see in the enclosed report, it appears our housing market is also changing a little with the season. After several years of an almost

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  • Agents sold 10,488 preowned homes in August, a 1% decrease from August 2017.
  • The year-to-date sales pace remains 1% ahead of 2017, which had the highest number of sales on record.
  • The average sales price in July climbed again by 5% to $313,263.
  • Demand and price appreciation for more expensive homes has flattened out.
  • Strongest sales pace in August was for homes in the $200,000 to $400,000 price range.

Market Report

North Texas continues to be a top destination for in-migration from other states. Job growth is high and home pricing is reasonable compared to metros on the coasts. For these reasons, experts predict that we will continue to experience a healthy, stable housing market. But, residential real estate will always be a localized

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Market Outlook

After a decline in June, North Texas existing home sales rose again in July with most of the activity occurring in the $200,000 to $400,000 range.  New home starts are up 12% from 2017 as builders respond to the demand and lack of inventory in this price range.  On the flip side, demand and price appreciation for higher-priced homes has softened, which makes it a great time to be a move-up buyer.  But, the key to achieving your buying or selling goals in any price range is working with a professional who understands the diversities of today's market.

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Outlook

North Texas home sales surged in May, setting new records. But, there are different challenges and opportunities presented by different price points. Homes priced below $200,000 are quickly snapped up by millennials and investors, while owners of homes priced over $600,000 have more competition and less demand. The key to success is to enter the market with the expert guidance of a local real estateprofessional who understands the dynamics affecting your specific home sale or purchase goals.

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D Best

I'm honored to be named a D Magazine Best Real Estate Agent and Top Producer again this year.  Thank you so much to my wonderful clients.  You guys are the best!

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2018_04

The Spring Selling Season is Here!

Buyer demand is as strong as ever, and the good news is that the inventory of available homes has increased 8 percent from the same time a year ago.

Even with the increase, however, the supply remains under what is considered a balanced market. Properties that are in a good location, in good condition and are priced accurately are a hot commodity.

If you would like a current analysis of what your home would possibly sell for in today’s market, I'd love to help. As an expert in our local market, I have been closely watching the trends and can explain how they affect you and your specific real estate goals as a buyer or seller.

Just call, email or text me anytime! And please recommend me to any of your

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Eblast

The Spring Selling Season is Here…

…and if the sales pace of January and February is any indication,
we are in for the hottest on record.

Home financing costs have moved higher in the last few months and are expected to continue to rise, but the increases so far haven't been enough to cool demand.

Strong buyer demand has also put upward pressure on home prices, which have increased significantly during the past five years. As a result, the wealth factor for most homeowners has also increased. If you would like an analysis of the equity you have in your home now, I'd love to help. You may be pleasantly surprised!

Just call, email or text me anytime. And please refer me to any of your friends or family members who need experienced guidance

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2018_02

The North Texas housing market started the year off strong
with the most home sales ever in the month of January.

Even in the face of increasing interest rates, we expect the demand for homes to stay as strong as the pace of job and population growth our state is experiencing. However, we expect the pace of home price increases to slow down. And, that’s not necessarily a negative as economists keep an eye on the dangers of over speculation in markets across the U.S.

Enclosed is a report showing activity in area communities during the first month of the year. But conditions and trends vary down to the block level in specific neighborhoods and in each price category. If you are thinking of selling your home, I would be happy to provide the most

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source: Candy's Dirt

This year, organizers of the White Rock Home Tour — East Dallas’ premiere modern home tour — are asking tour-goers to go the extra mile (actually six miles if you’re counting). The reason? An amazing time capsule of a home located in Garland that has received only the pickiest of updates.

But Garland?

White Rock Home Tour chair Alyson Black assures me that this home is so spectacular that it’s worth the trip. “This home was built in 1965 by commercial architects Craycroft Lacy & Assoc. for a prominent TV news man in a scenic area of old Garland, and was lovingly restored a few years ago,” Black said. And after getting a sneak peek at the photos of this particular home, I have to agree: IT IS FABULOUS! In fact, it’s so

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