Dallas Real Estate News

The Element’s House: This Place is So Fancy, The House Even Has a Name. Plano, Yes PLANO Real Estate News

By Karen Eubank / January 23, 2012 /

 When a house comes with a name, you know it’s something special. George Harrison had Friar Park, Winston Churchill had Chequers, Cornelius Vanderbilt had The Breakers and of course Elvis had Graceland. Now, you can have “The Element’s House”. In, of all places, Plano! Imagine a contemporary castle, complete with moat, albeit not even ankle…

It’s The Lending, Stupid. Here’s What The Government Can Do To Help Housing Get Out of the Funk

By Candy Evans / January 23, 2012 /

We see it even in Texas: price declines, low mortgage rates and rising rents have made owning more affordable now than renting. But despite agents’ most positive view of the Dallas real estate market, housing is still kind of stuck in the mud, even here. Many markets report continued price declines, while Dallas is struck by another problem: lack…

Monday Morning Millionaire: Champ D’Or Getting Downright Reasonable. Maybe…

By Candy Evans / January 23, 2012 /

Champ D’Or. If you have lived in Dallas for at least three years, you know all about the Turbeville Road mansion up in Hickory Creek, near Denton. It’s a 35,000 square foot, French baroque castle meets Plano McMansion dream chateau. This spread has been priced from $72 million to $35 million, and on the market since the…

This House is for YU (Darvesh): Preston Hollow Spec Manse With Man Cave. The Price: $7,995,000. Open House Today 2:00 to 5:00

By Candy Evans / January 22, 2012 /

A Man Cave deep in the heart of Preston Hollow, more baths than days of the week, and SEVEN living areas and fireplaces. Only YU can afford it! Check out this recently completed manse at 5242 Park Lane by Bella Custom Homes: perfect example of lush Preston Hollow living. The gated estate, one of many…

Attention Modern Sellers! We Have a Hot Buyer Looking for a Modern Dallas Home

By Candy Evans / January 22, 2012 /

And he has the money, honey. You know the biggest problem with Dallas (and Fort Worth) real estate these days? Lack of inventory. It is getting harder and harder to find homes since so many folks have put off selling, hoping for sunnier days or loosening credit. In fact, what have we told you: if you don’t need to sell now, don’t. Well, guess what’s happening: that advice is biting us in the butt, because folks are doing just that. Folks are keeping homes off the market as “hip pockets” but, not putting them into MLS so the clock starts ticking.