Real Estate Market News
I 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 MoreIn the words of Allie Beth Allman agent dynamo Karen Luter, this is not just the deal of the century, but a STEAL: “Yep, $2,999,999. That puts it at the bottom of price per square foot, $247 to be precise for this iconic home, rich in history.” The home was listed at $3,300,000. You get…
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 MoreI was reading an article on DallasNews.com earlier today when I saw one of those teasers on the sidebar that said, “Check out this Plano mega-mansion featured on TNT’s reboot of ‘Dallas’.”
I had to click, of course, if not only because I am infatuated with the new “Dallas” cast, but I wanted to see if they had some cool photos outside of the ones you saw with your own eyes right here on CandysDirt.com.
Read More
