Candy Evans
Candy Evans, founder and publisher of CandysDirt.com, is one of the nation’s leading real estate reporters.
This is what’s happening in real estate: the rich are getting richer and buying up trophy properties, sky’s the limit. The rest of us can eat cake. Case in point: 3820 Gillon Avenue, owned by Randall and Olamaie Fojtasek, a former partner at Hicks Muse who co-founded the private equity firm Brazos Partners. The Fojtaseks…
A reader writes: Tiffany, Can you protest a 2011 valuation on a substantive residential improvement value increase on an old home to offset a land decrease (the 2011 value is the same as 2010). No change in valuation from 2011 to 2010, but there‚Äôs no way the 2010 residential improvement was correct. Bruce, Absolutely. This…
A Reader writes: Tiffany, DCCD reduced land values and increased improvements in the Park Cities last year because the builders are out of the market here so land values actually did go down. They lowered land but increased improvements so there was little if any net effect. Most people did not pay attention to DCAD…
I’ll be honest: I was reading the doom& gloom real estate report in the Wall Street Journal last night, and gearing up to post something for you because, honestly, I always want to tell you the truth about the market. I know financing is 100% of our problem with the double dip — oh and…