Emerging Real Estate Markets
While you and I cleaned out the pool, braved NorthPark Mall in Dallas, or invited friends over for BBQ and margaritas, the rich and famous played quietly at their second homes. I mean, who got this whole second home fad started anyhow –celebrities and the very wealthy. William Randolph Hearst built his Hearst Castle in San Simeon with…
VERY interesting story here from the National Association of Home Builders that tells us where most of the second homes in the United States are located. There are 6.9 million housing units that qualify as second homes — that’s about 5% of all the U.S. housing units. There are 26 counties where at least HALF…
Last week we learned in the Dallas Morning News that about 3,000 elderly (that is, folks over age 65) and disabled Dallas County property owners are due for a fiscal surprise because of a computer glitch in the Dallas County Appraisal District that miscalculated their 2010 tax bills. That surprise is a higher tax bill than…
Those who live there say Northwood Hills may just be Dallas’ best kept secret. Located just north of LBJ along Hillcrest Road, the neighborhood has a high-end aesthetic with a small town feel. Richardson schools are a huge plus. There are 1125 homes in Northwood, average leafy lots of one-half an acre, and affordable home…
I was in Pebble Beach last week at the venerable Concours D’Elegance along with the glitterati of Jay Leno, Arnold Schwarzenegger, and Sherle Crow! When I saw Arnold, I steered away but snapped a pic. But Jay, dear Jay, we are becoming regular Concours buds. Last year, when my husband snapped the photo, Jay said…
