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Real Estate Blog

October

There's No Cool-Down When it Comes to Fall Home Sales!

In the "old days" of residential sales, we considered fall and winter to be the slowest seasons for home sales. But not anymore!

With thousands of people moving into North Texas every month, every season is home buying season with high buyer demand year-round. However, as you can see in the enclosed report, sales activity and prices vary from community to community.

If you would like information about a specific neighborhood or the price your home is most likely to sell for in today’s market, I can provide the most current data and trends. As a member of the Leading Real Estate Companies of the World®, I am also connected to the best real estate professionals in virtually every U.S. city

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Market Data

Fall temperatures are cooler, but home sales are hotter than ever!

As you can see in the enclosed report, our housing market is stronger than ever as we head into the fourth quarter of the year. A rise in the number of homes on the market has provided more “product” to meet the buyer demand we are experiencing in North Texas. As a result, we are on track to once again break all previous annual existing home sales records.

However, real estate is a very localized business, and conditions can vary from block to block. You will note that some areas had a strong increase in available inventory, creating a longer time on market for homes. That’s why it’s important to have all the facts about your specific property as you make decisions about selling

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source: candy's dirt

Tucked away on a cul-de-sac in North Dallas is a whole host of interesting midcentury modern homes, many of them untouched by renovation. This week’s High Caliber Home shows fans of the architectural style what living in the Rat Pack era would have felt like, complete with original double stove in the kitchen and — PINK BATHROOMS.

It’s a listing from modern home specialist with David Griffin & Co. Brandon Stewart, and we’re absolutely smitten with this beautiful time warp in Hill Haven Heights — our High Caliber Home of the Week sponsored by Lisa Peters of Caliber Home Loans. Ready to make this midcentury modern your own? Call Lisa Peters now to get the best loan for your homebuying needs — especially if you plan to do this

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Real Estate Outlook

North Texas home sales are on track to exceed 100,000 in 2017!

Home sales in July once again exceeded the previous year by a double digit increase. However, for the first time in years, we had a significant increase in the supply of homes available.

At the end of July, 22,660 homes were listed for sale with REALTORS® in the more than two dozen North Texas counties. That's a 10 percent gain in home inventory in the last year and the most homes on the market in over five years. While the inventory is still under a six-month supply (which is considered a balanced market), there are more choices for the high volume of buyers who include employees being transferred into the D-FW region by relocating corporations such as State Farm and Toyota.

If

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source: Dallas Business Journal

just sold sign with family 400

Dallas and Fort Worth rank as two of the top housing markets in the United States based on current and projected real estate fundamentals, according to Ten-X Research, an online Irvine, California-based firm that tracks the real estate market.

The two North Texas cities ranked as "hot," markets based on the strength of the single-family market based on current and future expectations, said Ten X Research CMO Rick Sharga.

"Dallas and Fort Worth are sitting in some high-performing real estate markets with some strong economic fundamentals," Sharga told the Dallas Business Journal."It shows these markets are getting away from that boom or bust cycle. They are extremely strong job markets and the affordability

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source: Candy's Dirt

In the search for a cool midcentury modern home in East Dallas, you’ll come across a lot of duds. Some of them, while once cool, have had their interiors sacrificed to the altar of dated renovations. It’s a sad sight to behold. But once in a while you come across a real gem that has been lovingly maintained by owners conscious of the period. This week’s High Caliber Home sponsored by Lisa Peters of Caliber Home Loans is one such property. 

It’s a listing from midcentury modern expert Realtor Brandon Stewart at David Griffin & Co. and it will bring joy to the heart of any fan of the era. Just see inside!

The first thing you’ll notice about this home is the location. Yes, it does front E. Lake Highlands Drive on one

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May2017

More than 400 people are moving into the D/FW region daily!

That’s a statistic from the U.S. Census Bureau that supports the strength of the North Texas economy. Add the fact that on average, home values have increased over 40% since the Great Recession, and you’ve got one more reason to be confident in our housing market.

In fact, you might be pleasantly surprised at the return you have gained on your own home investment. Healthy home appreciation, buyer demand and rising sales prices have contributed to increased home equity for home owners throughout North Texas.

Simply put, home equity is the amount of money available when you take the price your home would sell for in the current market, and subtract the balance you owe on your mortgage.

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Source: Candy's Dirt

13304-Purple-Sage-Front

Sure, midcentury moderns seem to be popping up on the market more often now, but it’s rare to find a home that is both as large and as open as this midcentury located in North Dallas. Not only that, but its on a huge lot — almost three quarters of an acre.

And once you see inside, you’ll definitely understand why this Brandon Stewart listing is our High Caliber Home of the Week sponsored by Lisa Peters of Caliber Home Loans. Also no surprise: It’s already had multiple offers. However, it’s not over until the ink dries on the closing papers, so call Lisa Peters today if you are ready to put in your highest and best on this stunning midcentury modern in a quiet, tranquil enclave.

13304 Purple Sage Foyer

13304 Purple Sage Living

13304 Purple Sage Living 2

13304 Purple Sage Dining

13304 Purple Sage Dining 2

“Purple Sage Road is a

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Source: Candy's Dirt

classic midcentury modern reinvented 7406 Currin Drive 1

The classic midcentury modern home has become one of the hottest properties in America right now. They are highly sought after by a broad demographic, and you can find them in a wide variety of price ranges and locations — if you’re lucky that is. They go fast! Our Monday Morning Millionaire at 7406 Currin Drive is the best of both worlds. It’s classic midcentury modern, but it’s been taken down to the studs and completely reinvented by the talented team at Bernbaum Magadini Architects.

The house was originally built in 1954 by Harvey L. Tracey. Back then we had probably a fourth of the wardrobe and accessories that we have now, so large walk-in closets were unnecessary.  Energy efficiency wasn’t even a concept. No one in

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