Candy Evans
Candy Evans, founder and publisher of CandysDirt.com, is one of the nation’s leading real estate reporters.
During the Real Estate bubble, Dallas Realtor extraordinaire Della Lively told me every home builder in town was drinking champagne. Then the bubble burst, and now, with the exception of a very few, they can barely afford beer. The real estate downturn sliced and diced home starts in the Dallas-Fort Worth area by more than…
Faithful readers may recall when I wrote about a beautiful fractional ownership property in the heart, and I do mean the heart, of Santa Fe called El Corazon de Santa Fe. It was fabulous then, and it is even more fabulous now! The property has been renamed “Fairmont Heritage Place, El Corazon de Santa Fe”. El…
You’ve just got to see this. One cannot help but think that perhaps, given the real estate reflection battle here in Dallas between the Renzo Piano-designed Nasher and Museum Tower and all the media banter about Museum Tower being a giant laser to the Nasher, that it inspired the idea for this laser light show…
Happy Fourth of July, 2012. We live the American Dream of real estate here in Texas more than anywhere. Maybe it’s because we learned our lesson back in the 1980’s — R.I.P. Danny Faulkner. Not only did we learn, we RETAINED. When I was in Denver at the National Association of Real Estate Editors Conference last month, Mark Fleming, the dashing economist for CoreLogic, told me over drinks that what saved our butts this time around was our state set limits on HELOCs, or home improvement loans. In Texas, we are limited on what we can borrow against our homesteads. That is what kept many of us from over-borrowing, so when the market fell we were not left with underwater loans*. I walked into our bank yesterday, Comerica, which I LOVE — who else sends you a thank-you note when you pay off a loan? But more than three people asked if they could offer me a home-improvement loan in the course of one hour. You know me, I’d buy a second home in a heartbeat! Our laws in Texas saved us, said Mark, in spite of ourselves.
We live the American Dream of real estate here in Texas more than anywhere. Maybe it’s because we learned our lesson back in the 1980’s — R.I.P. Danny Faulkner. Not only did we learn, we RETAINED. When I was in Denver at the National Association of Real Estate Editors Conference last month, Mark Fleming, the…
