News
According to 24/7 Wall Street, our neighbors to the north in Plano live in the best-managed city in the U.S., beating Madison, Wisc., and Irvine, Calif., for top honors. Just how did they come to their conclusion, crowning one of the most popular Dallas suburbs as king? 24/7 Wall St. has completed its second annual…
Love this sassy little write-up on the Hicks estate, which is marketed by Douglas Newby & Associates, from Your Mama at The Real Estalker: Like we usually do when it comes to dissin’ and discussin’ high-priced real estate in Dallas Your Mama gave the deliciously dishy Dallas-based property gossip Candy Evans a ringy-dingy and asked if…
I spoke to MetroTex Association of Realtors MLS Director Cathy Faulkner yesterday about “Z sales” coming to an end. In the luxury market, “Z sales” gave lofty sales prices a sense of anonymity.
I won’t bore you with the technical details of what a “Z sale” is exactly. Check out this site for a primer on the practice. The gist is this: sellers who were gun shy about disclosing what they paid for a home listed on MLS put a “Z” instead of a big number followed by a lot of zeroes.
Dallas Realtor Jeff Duffey says the death of the practice “will never affect approximately 99% of the real estate market areas throughout North Texas.” However, he estimates roughly 20 percent of the sales in high-end neighborhoods such as the Park Cities, Preston Hollow, and Turtle Creek are “Z sales.”
Busy day here yesterday at the ranch, as we emptied and discarded these babies for an Eternal GU 195S on demand hybrid gas fired water heater. In effect, we are going tankless. Woo hoo! These two hot water heaters are 12 years old, about the age when they start to break down. One broke on Christmas Eve,…