Emerging Real Estate Markets
Interesting stories out of the Dallas Morning News and really, everywhere, today on Museum Tower. While we think the two parties, the Nasher Museum and Museum Tower, have been negotiating diligently under the capable eyes of Tom Luce, we first get word today that negotiations may have all but broken down, and that litigation may…
Read MoreI have just returned from the “Mile-High City” where they have altitude, medicinal marijuana and a pretty decent real estate market. I was at the annual National Association of Real Estate Editors conference where, for four days, we nutcakes who obsess about real estate lived and breathed it 24/7, consuming information. And alcohol. The main take-away: enjoy that drink. Significant declines in the number of homes for sale in many U.S. markets, and fewer foreclosures (or foreclosures on hold) are boosting the country’s battered housing market. I spoke at length to two of my favorite economists, Stan Humphries of Zillow, and Mark Fleming from CoreLogic, who gave me this zippy summary up in the hospitality suite of the Brown Palace Hotel:
Read MoreReally nice piece here in the New York Times explains why we are beginning to see home prices creep — I said CREEP — upwards, even in markets like Phoenix and Las Vegas: lack of inventory. It’s a very similar situation here in parts of Dallas, mostly the Park Cities, Preston Hollow, and Lakewood: hip…
Read MoreAccording to one of my favorite real estate websites, Trulia, Dallas ranks No. 8 among the nation’s most “gay-friendly” cities, speaking of real estate. And, the top 10 list of these gay-friendly neighborhoods in each city also happen to coincide with the pricest markets and neighborhoods in those cities. In otherwords, Trulia is just verifying something we already know: want your real estate to appreciate in value? Follow the Gayborhood!
Read MoreMy mother and dad built their dream home in the late 1960’s, and I so wish I could show you the innards: orange shag carpets, cathedral ceilings, flocked & poppy floral vinyl wallcovering (my mom was sooo psyched about that!) and cultured marble vanities. Mine were red with two shell-shaped sinks; we have a picture…
Read More
