Hip-pocket 5841 Morningside Avenue 1
According to the The Real Estate Center at Texas A&M University, last month there were 2.1 months of housing inventory in Dallas County. This figure might make a buyer panic and pressure their Realtor to find them hip-pocket listings. Is this smart? Are buyers overlooking great deals for those hip pockets? Let’s take a look at a perfect example of an off-market sale.

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Turtle Creek contemporary

The Turtle Creek contemporary home at 3912 Holland Ave. is one of our five features Dallas open houses this week.

If you love a true contemporary build in a coveted location, then cast your gaze toward the Turtle Creek home at 3912 Holland Ave., which tops our CandysDirt Open Houses of the Week column.

It’s not the only extraordinary property we’re featuring this week, which range in price from $349K to $1.225 million. There’s a charmed Hollywood Heights traditional with cute curb appeal and vintage appeal, a brand new sleek townhome near Knox-Henderson, a Casa Linda cutie with lots of updates, and more.

Be sure to leave us a comment if you visit any of these homes and tell us what you thought!

 

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Lakewood Hills Tudor

East Dallas is a mecca for those who love vintage homes. Our Friday Five Hundred is a charming Lakewood Hills Tudor at 6910 Casa Loma Ave. Built in 1925, it has  all of the essential ingredients. From the characteristics that define Tudors, to the modern updates that today’s buyers need, this 2,044-square-foot home has it all.

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816 Monte Vista front

Hollywood Heights is known for its quaint Tudors and traditionals. The whole neighborhood is full of head-turning American interpretations of classical architectural styles, but there’s something to be said for an understated traditional.

And as it turns out, there’s one such traditional available in the neighborhood, listed by East Dallas Real Estate‘s own Britt Lopez. Though many homes in the neighborhood were built in the 1920s and 30s, this home was constructed in 1956 with a Post War traditional floor plan.

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904 Clermont

Hollywood Heights is one of those picturesque neighborhoods filmmakers love. It’s quaint, charming, and has a unique character. The vast majority of homes were built in the 1920s and ‘30s in a variety of styles, from Spanish eclectic to Craftsman, but the most coveted are the classic Tudor homes. In fact, speculation runs high that it has the largest collection of stone-embellished Tudor cottages in America. Finding one is tricky enough, as once people move in, they stay a good long while. Finding one that’s been fully renovated and for sale is a dream come true. Our Saturday Six Hundred at 904 Clermont is just that. It’s listed by Jim Costello with Costello & Associates.

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This stunning 1925 Hollywood Heights Tudor at 6932 Santa Monica Drive is so spectacular, it was featured in the 2013 Hollywood Heights Neighborhood home tour. But life wasn’t all glamour for this adorable Tudor angel. It’s very hard to imagine, but once upon a time she stood vacant for two years. A family of raccoons even had to be evicted when the home was purchased by the present owners. Originally a duplex, the owners, both former architects, had a clear vision of the property’s potential. Working together with Perrin Scudder, of Scudder Construction, they created a wonderful single family home with immaculate style and grace, and retained the charm of the era.

Of course, they introduced modern functionality where it was needed. The result is an amazingly modern home with the bones and charm of yesteryear.

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Real Estate Story
Photo: Larry via Creative Commons

Photo: Larry via Creative Commons

The holiday sales slump is well known in real estate. People get busy with shopping, parties, and festivities, and put off their home-buying decisions so they won’t have to move in this busy season.

For hard-working Realtors, this lag time can be frustrating (plus it hits the pocketbook!). But could our remarkably robust market and unprecedented low inventory offset the traditional sales lag this year?

We talked to some seasoned real estate professionals to get their take on the market, and what they do to boost sales from November to January.

“This year, I am actually putting five new listings on this month, which is very odd for this time of year,” said Britt Lopez, a Realtor with Dallas City Center Realtors. “We see many investor buyers this time of year—I think because they are trying to get their money into a project before the end of the year for tax purposes.”

Lindsay Thomas, an agent with Russell Trenary, Realtors, said she’s watching the market with curiosity to see how the unusual demand will affect sales.

“It will be interesting to see if there truly is a big lag this holiday season since inventory is still so low,” she said. “But yes, typically during the holidays, real estate transactions slow down a bit and therefore it’s extremely important to market your properties. However, the same marketing tactics used during slow times should be used year round. I think you should always put forth the max effort with every client at every time of the year.”

Mark Manley, an agent with Virginia Cook Realtors, said he’s having a different experience this year.

“Sales do tend to slow down—thankfully, I haven’t had that experience so far at the end of this year,” Manley said. “I do several things that I think help me—first and foremost, I answer my phone when it rings and I have had agents actually say they were shocked someone answered…It’s not customer service if you don’t answer the phone. I also call people back almost immediately when possible but always within 24 hours, or sooner.”

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Santa Monica Home

All photos: Shoot2Sell

Some of the best pre-sale renovations owners can do on older homes is to make sure they have things today’s buyers value: more than one bathroom; an updated kitchen with new fixtures and appliances; an open floorplan; and a fresh, updated look everywhere.

Today’s Thursday Three Hundred at 7014 Vivian Ave. is located in East Dallas’ Santa Monica neighborhood. Built in 1940, this home was taken by its owner from a 3-1 to a 2-2 with an ensuite master bathroom. He refinished the oak hardwood floors in his 1,260-square-foot home and painted both the interior and exterior. The kitchen is now open with granite countertops, stainless steel appliances, white custom cabinets, and a subway tile backsplash. The result of all these renos is an adorable cottage feel with vintage charm, and amenities that make it a standout property in the housing market.

This house was listed Oct. 23 by Britt Lopez with Dallas City Center Realtors for $375,000. (There’s a broker open house next Wednesday, Nov. 4, from 10 a.m. to noon, so let us know what you think if you go!)

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