The luxury lease market is hotter than a pistol in Dallas. We keep telling you not to listen to national statistics regarding real estate here. Understanding your local market is crucial in difficult times.
The Dallas market has always been unique. We have a more diverse economy, and our real estate market is filled with the smartest, most innovative people you could ever hope to meet. If you think the luxury market is slowing down, think again.
“We continue to have a lot of people moving to Dallas from out of town,” says Compass listing agent Amy Detwiler. “People are also remodeling or building homes and need a temporary place to live. Some have been in a high-rise while scouting neighborhoods and are ready to move into an area to see if they want to purchase there. Luxury leasing is a healthy market. What is available is moving quickly.”
Detwiler has a rare luxury lease in University Park that she has people lining up to see. “The location is great, and the master is down,” Detwiler said. “There is a big open-plan family and kitchen area that is so popular. It’s also unique because it has six bedrooms, and that’s hard to find.”
Oh, and the master bathroom has a shower large enough to host family squirt gun battles. Hey, the kids are home and you must find ways to have some fun!
I especially love the double balconies on this home. Because we are all being super creative while staying home these days, can’t you just imagine the entire family staging a production of Evita for the neighbors? Those balconies were made for a rendition of “Don’t Cry For Me Argentina.”
If you must be stuck inside right now, there’s no better place than in Detwiler’s 5,900-square-foot listing at 3812 Hanover Street.
In addition to all those bedrooms, you’ll have five bathrooms, a powder bath, and a much-coveted private home office space. When you crave quiet, and recovery from homeschooling duties, you can send the kiddos upstairs to the media room and family game area.
At only $10,000 per month, you know this one is going to get snapped up.