04/20/15 5:04pm

CandysDirt_Profile

He’s lived in the M Streets for 30 years, so of course Ken Lampton has a home on the Internet at MStreets.com. He also shares his unvarnished opinions on his blog, where you can find out more about Lampton’s adventures in this sought-after neighborhood, as well as the challenges it faces when it comes to redevelopment and preservation. He’s a meticulous, detail-oriented Realtor with an engineer’s brain who loves historic homes and has a hat collection that would stir the envy of any Southern girl. It’s kind of his thing!

For all of those reasons (and many more!) RE/MAX DFW Associates Realtor Ken Lampton is our Great Western Home Loans Featured Realtor this week. He’s got personality, determination, and serves his clients with expert knowledge and patience. He reminds us a lot of Jeff Lindigrin of Great Western Home Loans, now that we mention it! What has your lender done for you lately? See what you’re missing by calling Jeff Lindigrin of Great Western Home Loans today.

And now jump to find out more about this treasure of a Realtor, Ken Lampton!

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04/20/15 3:03pm

Celebrate Downtown Dallas

Downtown Dallas has come a long way in 5 years, which was the last time Preservation Dallas planned an architectural tour highlighting our the building that make up our world-famous skyline. So much has happened since then, so the organization thought that now would be the perfect time to show off all that our distinct downtown area has to offer.

We have to agree. More and more residential highrises and lofts are coming on the market in the growing downtown area, and in a variety of price ranges and styles, too. Rentals are becoming more prolific as well, and downtown is finally reaching a critical mass of residents to support more retail and restaurants.

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04/20/15 5:24am

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Get ready to put some excitement in your Monday morning! This new off-market listing, from The Unlisted, is a total contemporary redo of a yawning North Dallas ranch. Talk about something to whet your appetite and put some Yippee! in this fine morning. Like a triple Expresso, this lovely coordination of natural wood, stone, metal roof with polished concrete, natural wood, and stone floors will knock your socks off. The house is located at 9026 North McCraw, just west of the Dallas North Tollway. That means the location is in the heartbeat of Dallas, the very center: go south on the Dallas North Tollway to downtown, Bishop Arts, Deep Ellum. Go north to Galleria, Plano and Frisco. Go west on Northwest Highway to DFW, go east to Lake Highlands, south to Lakewood.

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04/17/15 5:45pm
Photos: Jo England

Photos: Jo England

I just chatted with Denise Edmondson, sales director at the Shelby Residences. This building, which wraps around the Twisted Root Burger Company on SMU Boulevard, is a rare bird in Dallas — it’s an apartment building that, in our hot rental market, is converting to condos.

“We did a lot of market analysis,” Edmondson said. What the developer, the Marquis Group, noticed was the severe lack of ownership opportunities in the University Crossing District. It’s a desirable neighborhood for Millennials, recent college graduates, and young professionals or graduate students thanks to its proximity to mass transit, walkability, and nearby grocery and restaurant options. “In this location, there’s nothing for less than $400,000.”

That may seem too steep for someone who is paying off a hefty amount of student loan debt, and the attractiveness of investing in ownership instead of renting, along with living a car-free lifestyle, might be too much to pass up. Interest in the 10 available units has been through the roof, Edmondson added, and they expect the market debut tomorrow, April 18 from 11-7, to be a feeding frenzy.

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04/17/15 2:00pm

Retreat_16

Not only does Rick Hodges provide great mortgage advice, but he’s also the go-to guy for advice on your next trip to New England. With experience as a top-producing Realtor and with record referrals as a loan officer, Hodges is trusted by his clients to know the ins and outs of both sides of the transaction. So it’s no wonder that Hodges is a sought-after home loan expert by both first-time homebuyers and families seeking the perfect vacation escape.

That’s the kind of value you can find in the home loan professionals at Guardian Mortgage. Naturally, Hodges was a shoo-in for our April Guardian Angel at Guardian Mortgage. When you work with one of the lending experts in this hometown brand, you’ll find energy, expertise, and the willingness to go above and beyond even in the most challenging market conditions. That fits Rick Hodges to a tee!

We were lucky enough to catch up with Hodges before he runs off for a summer in Nantucket. Jump to find out more about this month’s Guardian Angel.

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04/17/15 12:00pm
You can see the artful interiors of 3813 W. 5th St. during the AIA Fort Worth 2015 Tour of Homes.

You can see the artful interiors of 3813 W. 5th St. during the AIA Fort Worth 2015 Tour of Homes.

Sure, Fort Worth has a treasure trove of Craftsman architecture on display during the Fairmount Historic District Tour of Homes, but did you know that this city is flush with stunning modern treasures that will knock your socks off? It’s true, and you can peruse them during this year’s AIA Fort Worth Homes Tour April 25-26 from noon to 6 p.m.

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04/17/15 9:00am

The Shelton

Wow! I stumbled into Carolina Rendon’s hip pocket and neither of us felt a thing – but I saw something wonderful that stirred my renovator’s heart. But I get ahead of myself…

In 1983, The Shelton popped up in Preston Center located on Luther Lane just south of Northwest Highway and east of the Tollway. It began life as a condominium but has had an interesting life since.

It was sold to Japanese investor Takeharu Miyama in the early 1990s who leased the units. In 2005, nearly 15 years later, the building was marketed to developers. The building sold in 2006 for approximately $35 million to Dallas-based Dunhill Partners who planned to return the Shelton to condominiums and committed $12 million for the renovation of units and public areas – estimated at about $65,000 per unit. In the process of renovation, the original 129 units shrunk to 115 as some units were combined and supersized.

(After the sale, Takeharu made the prescient move to buy 1909 Woodall Rodgers months before Klyde Warren Park was approved. The park transformed freeway frontage into park-side prominence.)

We all recall how real estate turned dollars into dimes in the late 2000s as global economies crashed and residential mortgage availability evaporated. While Dallas was no Miami or Phoenix, the real estate market still faltered as banks threw another log on the fire in overtightening mortgage qualifications. An ebullient 2005 turned grim by 2007 when the newly renovated Shelton units hit the market. As citywide inventory stacked up, the unsold Shelton units were again pressed into service as rentals.

Now, just over two years as Dallas real estate turned from indolent to incandescent, Shelton units are coming off lease and selling at a fairly brisk clip. This isn’t unique to the Shelton. Nearly all established high-rises have had a lot fewer listings and fewer days on market.

And it’s here that we get a peek into Carolina’s pockets.

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Cliff Welch

Cliff Welch’s E. Lake Highlands Drive home featured in next weekend’s tenth annual White Rock Home Tour. Photos of house: Eric Homes

In our ongoing series, Interview with an Architect, we speak with leading voices in the North Texas architecture community and learn about their work, development issues in our community, and good design practices and principals (you can read the first one here and the second one here).

Cliff Welch

Photo: Cliff Welch

Cliff Welch, AIA, is a Dallas-based architect who champions modern architecture and designs with inspiration drawn from modern architecture of the last century.

His background includes working with the late Dallas modernist Bud Oglesby, later becoming a principal at Design International before starting his own firm, Welch Architecture, in January 2000.

One of his designs, located on East Lake Highlands Drive, is featured on the 10th annual White Rock Home Tour April 25-26. When the tour started in 2005, it showcased midcentury modern homes in the White Rock area; it has now expanded to include new construction, as well.

Welch earned his Bachelor of Science in Architecture and Master of Architecture from the University of Texas at Arlington. His work has received multiple Merit and Citation Awards from the Dallas Chapter of the American Institute of Architects (AIA), as well as their coveted Young Architect of the Year award. He has also earned honors from Preservation Dallas, the Texas Society of Architects, D Home magazine, and the AIA.

Welch is the past president of the Dallas Architectural Foundation and taught graduate-level architecture classes at UT Arlington. He is a past executive board member of the Dallas Chapter AIA, also serving two years as their Commissioner of Design, and has chaired multiple chapter events, including various home tours. He also served as a design awards juror for other chapters around the state.

Welch’s White Rock Home Tour house’s elegant simplicity and open spaces incorporate modern design to create an exception environment.

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