Dallas Real Estate News
Recent convo with an agent who is seeing a problem in the market with new listings right now. Because the first quarter of 2012 was brisk, he thinks maybe prices are goosing up. Quarter One was brisk because buyers and sellers had become more reasonable, not because prices were up. When that excitement is “improperly communicated”, sellers start “overpricing” their homes, because of the perception that the market is busy, he says.
So, we have good news and bad news. Which do you want first?
Well, the good news is that, after a relatively mild recession, the Dallas-area residential real estate market is poised for an uptick, propelled by job growth, a vigorous banking sector, and more people with a few bucks to spare, according to a report from LocalMarketMonitor.com.
Love the outdoors? Dream of sitting on a balconey gazing right into Mother Nature, watching the birds flutter? This house at 11311 Lanewood Circle is for you. Lochwood is hands-down one of the most affordable little micro-communities in Lakewood, and here again is a great not-so- little house (1790 square feet) for less than $250,000 (this…
Naturally, I won’t sleep until I find out who got the winning bid on Champ d’Or this weekend and how much they paid — confidentiality clauses are the bain of my existence. I’m getting a few clues. We know it was a Dallas family — Preston Hollow, I’ve heard — with international connections. Many readers have…
Later today, the venerable PR firm of Rubenstein Public Relations will release this press release with more details, the official details, of Friday’s sale of Champ d’Or. As I told you yesterday, we know Champ was swooped up by a Dallas family with international ties (read: jet setters) and I have just learned that Clay Stapp was…
