Candy Evans

Candy Evans, founder and publisher of CandysDirt.com, is one of the nation’s leading real estate reporters.

What Is That FUGLY Pedestrian Bridge Over Harry Hines at Walnut Hill That Cost US $4.6 Million? (Preston Center Next?)

By Candy Evans / April 28, 2016 /

I read about this Tuesday: why would the city spend $4.6 million to put a hideous pedestrian walkway connecting an empty lot to an auto parts store across the street? Is this what our city geniuses envision for Preston Center? Robert Wilonsky did some heavy digging on the “bridge to nowhere” for the Dallas Morning News, and…

Albert Hill Trust Wants to Sells Al G. Hill III and Erin Nance Hill’s Place on Bordeaux

By Candy Evans / April 27, 2016 /

Plaintiff David Pickett, trustee of the Albert Hill Trust, has filed a petition to get Al G. Hill III and his wife, Erin Nance Hill, to agree to sell their old Highland Park abode on Bordeaux, or at least talk about it. Seems the house is unoccupied (according to the petition) and has sustained some…

Dallas Prices Almost Record High, Inventory Almost Record Low: Case-Shiller Speaks

By Candy Evans / April 27, 2016 /

The venerable Case-Shiller report that tracks pre-owned home sales, not new builders homes or subdivisions, puts Dallas near the top of the list of cities with the biggest home price gains. Which is, of course, impressive. Standard & Poor’s Case-Shiller home price index says Dallas-area home prices were up 9 percent from February of 2015.…

Why I Worry About Millennials & Home Ownership: Low Wages

By Candy Evans / April 27, 2016 /

Konrad Putzier, a reporter at The Real Deal in New York City, tweeted this chart yesterday. It shows the plight of NYC’s millennials: 28.4% work in retail or hospitality – up from 21.9% in 2000 – but wages are down. Annual wages in retail or hospitality are less than $30,000 a year in one of…

Get Used to Renting: Homes Under $200K Extinct in DFW, Hollywood Hits Heights

By Candy Evans / April 26, 2016 /

Is Dallas becoming LA? We have been harping on this for quite some time, but now the mainstream media seems to have taken a whiff of real estate smelling salts. First-time homebuyers (who don’t get lump sum down payment help from Mom and Dad) are out of luck finding affordable homes and will continue to…