Real Estate Market News

Zillow in Court Again Over Zestimate Accuracy and Consumer Interpretation

By Jon Anderson / May 24, 2017 /

Real Estate aggregation and data website Zillow.com is in hot water in Illinois.  Zillow has been successfully sued in the past for using photos without permission. They’ve been hauled to court over low Zestimate “appraisals” by sellers who’re listing well above the estimates. Even at the other end of the spectrum, they’ve been accused of…

Dallas Housing Market Makes Multiple Lists as ‘Best of’ for 2017

By Leah Shafer / April 17, 2017 /

We’ve been saying it for ages: the Dallas housing market (DFW, really) is on fire. This is evidenced by a shortage of housing stock, incredible buyer demand, construction everywhere, and a tendency of many houses to fly on and off the market in a matter of days (especially those under $300K), among other things. Now,…

A New Gatekeeper: Why Allie Beth Allman’s “Gates of Highland Park” Video is Important

By Candy Evans / November 17, 2016 /

Juli Harrison and Stephen White at Allie Beth Allman are marketing one (or actually, two) of the most expensive properties in Highland Park, and, for that matter, all of Dallas: 4311 and 4321 Lakeside Drive. Dallas dirt doesn’t get much pricier than this. The two lots are being sold together, or separately. List price is…

The Premature Obituary of the McMansion: Unfortunate Architecture Aside, Hideous Homes Still Have Value

By Jon Anderson / September 29, 2016 /

Recently, Trulia analyzed data from 2006 to 2016 for the 100 largest metros, seeking to understand the new home premium.  They dubbed recently built (2001-2007) 3,000- to 5,000-square-foot homes as McMansions and compared them to homes outside that age and square footage range. It’s worth noting that for all the tiny house rage, average home…

DFW Cities Score High In Nationwide Survey of Best Real Estate Markets of 2016

By Leah Shafer / September 2, 2016 /

Nearly a decade after the housing crisis that sent the U.S. economy into freefall, housing is most certainly back—just look at our DFW market. Citing U.S. Census Bureau data, the New York Times recently reported that sales of new single-family homes nationwide were higher this past July than in nearly 10 years. Nationwide, a company that tracks the…