Emerging Real Estate Markets
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…
This is one of those “Thank God we live in Texas” days. Yep, ran across this nugget from Forbes.com on the cities with the most construction: if construction starts are a leading economic indicator, then we are in hog heaven. Three Texas metros are leading as far as construction starts and made it on the top…
I have been on pins and needles waiting out this auction, bugging Robbie Briggs and Laura Brady at Concierge Actions all day yesterday. At about eight p.m. Friday night Robbie Briggs emailed me that “It was a fascinating process, and it appears to be successful.” Saturday morning I heard from Laura Brady who said — “we…
It had to happen sooner or later, especially with prices slashed and dashed by 40 to almost 60% in some markets. But sales of second homes, some vacation, most investment, shot up in 2011. The combined sales of vaca and investment homes was at the highest it has been in this country since 2005. The…