Articles by

Bethany Erickson

Bethany Erickson lives in a 1961 Fox and Jacobs home with her husband, a second-grader, and Conrad Bain the dog. If she won the lottery, she'd by an E. Faye Jones home. Bethany is the Director of Audience Engagement with Candy's Media. She also covers public policy and education for CandysDirt.com, as well as handling enterprise reporting. She's taken home a few awards for her writing, including a recent Gold award for Best Series at the 2018 National Association of Real Estate Editors journalism awards and a 2018 Hugh Aynesworth Award for Editorial Opinion from the Dallas Press Club. She is a member of the Online News Association, the Education Writers Association, the International Academy of Digital Arts and Sciences, and the Society of Professional Journalists. She doesn't like lima beans or the word moist.

05/18/19 9:45am

alexanderThis adorable Midcentury Ranch in Wolf Creek is so special it already had a contingent offer after four days on the market. Zoned for this week’s Dallas ISD best school, Birdie Alexander Elementary, it’s a great example (the second for today) of what you can get for the $100,000 range in Dallas.

Photo courtesy Dallas ISD

This home is in the attendance zone for Birdie Alexander, who was recently featured as one of Dallas ISD’s best schools. The school, which received a B grade from the state’s A-F accountability scoring, will become a neighborhood innovation campus next year with a personalized learning focus. (more…)

05/18/19 9:30am
Washburne

Photo courtesy Flickr

Four days ago, Ray Washburne’s Charter Holdings snapped up the Trinity West shopping center at Singleton Boulevard and Hampton Road. Late Friday, it was announced his Charter DMN Holdings had also purchased the former Dallas Morning News building.

Known by many as the “Rock of Truth” because of the words etched on the front, Washburne’s company purchased the campus for $28 million, paying $5.6 million in cash paid today at closing, and a two-year promissory note for the remaining $22.4 million. (more…)

05/18/19 8:45am

brevard

05/15/19 6:02pm

Photo courtesy publicdomainpictures.net

Don’t say we didn’t warn you — the deadline for property tax protests is uh, today. And if you think this requires a massive scramble of documentation to file, we have good news: It can take as little as 10 minutes.

We’ve been telling you about PropertyTax.io since last year. It’s an online tool developed by Goodrich Realty Consulting, first as a tool for their tax consultants to use in the company’s property tax division. Last year, they released the tool to the general public, and it is really shaking up the way people appeal their property tax bills.

So how does it work? In just a few seconds, you can log on to the PropertyTax.io website, put in your address, and register. The next screen will tell you if, based on the algorithms that factor in comparable properties using several data sets, including MLS data and appraisal district data, you’d have success in appealing your taxes this year. (more…)

05/15/19 9:30am

neutralTwo things about this house: One, click on the continued line of this column gingerly, dear readers; and two, can you go too neutral when decorating and staging your listing?

We frequently tell people (or, when we say we, we mean Karen Eubank, our stager extraordinaire) that you should make sure you don’t have anything uh, unusual or taste specific in your listing so that people don’t get fixated on something and completely forget to buy your house.

Today we’re going to look at this Midcentury Ranch that, once again, looks completely normal. Totally normal.

And then we go inside, where we enter a decorating scheme I’d like to call “beige on beige on beige.”

By now you should know that this isn’t the thing you should worry about as much as the thing that will probably come after you click “more.”

(more…)

05/14/19 9:45am

Oak CliffIf you’ve been saving with that idea that you want to quit renting and buy,  the Tuesday Two Hundred price point is a great one to kick off any search — and it’s where you’ll find houses like this great Craftsman in North Oak Cliff.

“Yes, it’s cute,” you may be thinking. “But North Oak Cliff is hot right now, and there is no way I can afford a house there.”

But if you’ve been saving with the idea of putting down 20 percent, you might be surprised. Let’s do the math: The average two-bedroom apartment is renting for $1,120 right now in Dallas, according to this recent report.

If you put 20 percent down, though, and have a decent credit score and find the right lender, you can potentially be looking at a monthly house payment of $1,245, give or take that credit score (we factored for a 4.2 percent rate) and other variables like property taxes and insurance. (more…)

05/13/19 9:45am

new buyers

While the housing market might be lightly tapping the brakes as of late, a new report found that a wave of new buyers is coming — although how robustly they arrive will vary from city to city.

While there was an impressive wave of first-time home buyers over the last decade, Zillow did the math and found that in the next 10 years, an extra 3.11 million people will be at that prime first-time buyer age — 34.

“From 2019 through 2028, 44.9 million people will turn 34, the median age of current first-time home buyers,” Zillow said. “That’s an increase of 7.4 percent from the past 10 years, when 41.8 million people passed that threshold.”

Now, sure, not all of these prospective new buyers will actually be clamoring to buy homes when they hit their mid-thirties, that huge influx in potential buyers will definitely have an impact on the market.  The largest three-year generational group in the U.S. right now is only 24 to 26 years old — which means that the increased strength of their potential buying power has not been realized yet.

In Dallas-Fort Worth, it’s estimated the metro area will see about a 3.1 percent increase in potential homebuyers in that age range. Other major metros in Texas will also see increases — Austin and San Antonio well each see an estimated 14.2 percent increase, while Houston will see a 6.1 percent increase. (more…)

05/13/19 9:00am
migration

Photo courtesy Wikimedia Commons

How many people are coming — and leaving — Dallas County? Has there been a local shift to more affordable new homes? What local journalist has been tapped to be a keynote speaker at a financial services conference?

We have all this in this week’s roundup of real estate news.

Dallas County Posts Some of the Highest In-and-Out Migration Numbers

Texas has the second-highest domestic in-and-out migration in the country — and Dallas County and Harris County have some of the biggest influxes of new residents, new U.S. Census data revealed last week.

The 2017 American Community Survey revealed that Dallas and Harris counties had some of the highest inbound migration numbers, with 117,129 moving to Dallas County and 175,286 moving to Harris County. (more…)