Economy

Bernake Talks to Home Builders: Weak Housing Impeding Recovery. Translation to DC: It’s Still About the Lending, Stupid

By Candy Evans / February 12, 2012 /

Just to show you how crucial housing and home building remains to the nation’s economic recovery, Fed Chairman Ben Bernake rubbed shoulders (and used hand gestures) with Bob the Builders last week in Orlando. His talk was the hottest ticket in town at the 2012 National Association of Home Builders International Builders Show in Orlando. Dallas photographer…

Friday Four Hundred: So Cheap You Can Still Have a Mercedes on Mercedes, Plus a Master Shower Big Enough for Block Parties

By Candy Evans / January 27, 2012 /

I have been test-driving the Mercedes ML and just love it, so I am in an M Streets frame of mind. How could I resist this darling Greenland Hills tudor on one of THEE very best blocks that has a shower big enough for a block party? Built in 1929 but very much updated to the…

President Obama’s SOTU Address: This Man Just Doesn’t Get Housing, God Bless Him. Maybe He Should Consult With Michael Lewis?

By Candy Evans / January 25, 2012 /

Oh my, on the housing real estate front, his SOTU speech was even more dissappointing than I had anticipated. While President Obama spoke, I was at the rain-drenched McFarlin Auditorium at SMU hearing out Michael Lewis, author of The Big Short and his latest book I am dying to devour, Boomerang. I thought it ironic…

28 Rented, 24 Sold: What’s REALLY Happening Over at the Palomar?

By Candy Evans / January 18, 2012 /

Last week Dallas Morning News real estate editor Steve Brown shook the Dallas condo market world when he wrote that “Lenders may take Palomar condo tower”. He said that since last year, “Behringer Harvard has been trying  to renegotiate the debt on the Residences at Palomar condo building.” The news was that one of Behringer Harvard’s funds missed a…

If Your Home Looks Anything Like This, I’ve Got $15,000 Big Ones For You! Turn Your Home Into a Bank — Dallas Real Estate News

By Candy Evans / October 13, 2011 /

 This is one tenet the Occupy Wall Street and Occupy Dallas folks don’t capiche: the rich always get richer. And when you have a big, beautiful home, you can always find ways to make it be the giant piggie bank we always hope it will be. A major network reality show is seeking a furnished…