The Trammell Crow home in Highland Park was in that family for more than 50 years. Now it’s time for new owners to enjoy the 10,000-square-foot house. Photo: courtesy of Dallas Morning News & Allie Beth Allman
A slice of local history has hit the market, with the Highland Park estate of the late Dallas real estate developer and art collector Trammell Crow and his late wife Margaret now listed with Allie Beth Allman & Associates.
Located between Preston Road and Turtle Creek Boulevard, the 10,000-square-foot Tudor-style house has a price tag that reflects storied history, palatial size, and tony location: at $59.4 million, this is one of the highest priced properties ever listed in the area. As of now, this is an off-market listing not yet in the MLS.
The National Association of Realtors survey looked at multiple facets of the home buying process from mid 2013 to mid 2014. Location was a big factor, as expected.
First-time homebuyers are being squeezed out, and you gotta move fast to buy! And people are hanging on to their houses for the longest time on record, according to a new study by the National Association of Realtors.
Buyers are living in their homes for ten years, up from six years in 2008, and actually expect to live in their home for 12 years. Some of it is by choice, like hanging on to a fantastic rate after remortgaging, and some by necessity, like too much debt to move, as reported by the Dallas Morning News.
The study looked at the demographics of thousands of home purchases around the United States from July 2013 to June 2014, and its findings speak to many trends we’ve noticed in the market here at CandysDirt.
Take multigenerational homes, for example. We’ve seen more builders offering them, like almost every builder on our approved homebuilder list, from Park Cities to Preston Hollow and north. (I swear Mickey Munir at Sharif&Munir invented the jazzed-up mother-in-law suite.) Texas-based builder Darling Homes is selling multigenerational homes in Frisco’s Lawler Park and Houston area’s Lakes of Cypress Forest like hotcakes.
The survey says they’re right on trend: Since 1980, the number of multigenerational households around the country has doubled, with 13 percent of buyers purchasing one of these homes to accommodate aging parents and boomerang kids in a cost-saving way.
Remember Ridge Road, east of Midway in between Walnut Hill and Merrell? Twas once a nice enclave of 1950′s era homes with large, leafy lots, big trees, and a country feel thanks to the circular street and huge trees. This little North Dallas nook has been the scene of vigorous scraping and rebuilding, and lot prices up here are jacking up through the roof, if you can find them. (more…)
Rachel Stephens and her family outside their Georgian Revival home on McFarlin, which is featured in the 16th Annual ABPA Homes for the Holidays Home Tour on Dec. 8. (Photo: Kate Ward)
The Armstrong Bradfield Preschool Association puts on one of the best holiday home tours, and this year’s stroll through Highland Park will be a tremendous one! The Homes for the Holidays Home Tour is in just two weeks, and you can get your tickets for the Friday, Dec. 8 fundraiser for this active early childhood PTA right here. Tickets are $20 in advance and $25 on the day of the tour, which runs from 9:30 a.m. to 1 p.m. Of course, you have to go to this year’s tour if you missed out on last year’s thanks to the insane ice storm that shut down North Texas. Don’t miss out!
In the lead-up to the home tour, we’re chatting with a few of the homeowners who have graciously opened their doors to all the folks who want to ogle and gawk at their beautiful abodes for a good cause. Today we have Rachel Stephens on the blog, whose home on McFarlin was teased by Candy just a short while ago. Rachel, who has always had a passion for design, enlightens us on what to look for when you tour her gorgeous traditional. Jump for more!
In an interview with darling Margaux Anbouba over at D Home — who I will always love because she was in court with me, as a reporter, and as confused as I was – our Dave Perry-Miller talks about how he got into real estate (he was 6) and his deep, long time love of homes and real estate. What he didn’t tell Margaux is about his many second homes across the U.S.
Well, I will spill the beans: Dave has a home in Nantucket, and house in Virginia built in 1929 that is on the National Historic Landmark, the same designation that Mount Vernon has. (That Mount Vernon, not our’s.) He also has had a home in Palm Springs, Arizona and Bisbee Arizona. At one point I teased him about having a key party: throw all those keys into the middle of the room and let us pick which one we want to stay at! (more…)
I first met Courtney Molina at a fundraiser and remarked at how much energy she had. Seriously, Courtney is one of those people who really listens to you, focuses on what you’re saying, and makes sure you know you’re heard. It’s like talking to a sister or a best friend. But not only does she listen to her clients, she makes sure they are treated in the best way possible, walking them through every step of one of the biggest financial transactions of their lives like she would with her own family. It’s no wonder that, after her first year with Ebby Halliday Realtors Lakewood office, she’s growing her referrals like gangbusters.
Her approach to business is not at all unlike how Jeff Lindigrin of Great Western Home Loans works. Lindigrin is also active in the community, taking time to listen to clients and referral partners, focusing on what they have to say, and making sure they know they are heard. What has your lender done for you lately? Find out what you’re missing by contacting Jeff Lindigrin with Great Western Home Loans today.
Jump now to read up on this fast-rising Realtor!
That’s a rare bird if anything, to find a home in this area at that price. But to see one that is updated, open, and has a lovely pool in the backyard is a fantastic find!
Someone sure got a deal.
Here’s what I’ve got officially from Laura Brady, president of Concierge Auctions, who conducted the auction event last night at about five p.m.: there is a contract on the house. There was no reserve (!). There were 8 registered bidders.
“In only five weeks, the auction outreach efforts conducted by Concierge Auctions and Briggs Freeman Sotheby’s International Realty resulted in over 27,000 views of the property video, 356 visitors to the property, and 49 prospect showings,” she said.
Well, of course they did. Put those two together and the marketing magic happens!