Real Estate Market News
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…
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,…
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…
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…
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…