Real Estate Market News
Last week, we were Debbie Downer’ed by the latest Standard & Poors/Case Shiller report telling us that while Dallas homes saw a scant increase in prices from the spring, they were down overall from last year, that is, 2010. And that is the problem with Case Shiller: first of all, they do not count new home sales.…
This home at 5317 Emerson is just north of Greenway Parks, east of Inwood, and so adorable I want to stuff it in my pocket and take it home. Built in 1949, super updated from the floors to the energy efficient windows in each room: updated kitchen, updated guest bath. (They wisely kept the original pink tile…
Oh. My. God. I have been to heaven and back. I’m talking about unit 3001 at the tip top of the Azure, a two-story, 5025 square foot custom (I mean, honey, custom) penthouse right up there next to Deion Sanders that makes his unit next door, which is leased out to a physician, by the…
This week the Commerce Department reported that sales and prices of newly constructed single-family homes fell in August despite historically low mortgage rates. Reason: stagnant job market, lots of inventory, and fewer home builders out there churning dirt. We are at about 1970s home building activity, when interest rates were even higher! Last month new home sales slipped 2.3 percent.…
So today Bobby Dhillon of dblifestyles was our “Hot Property”, showcasing Dallas’ newest condo, The House. So new is The House, and so bad the timing with the economy, we wonder just who’s living there. Bobby says almost 25% occupied, but I unearthed a story about an original buyer — buyers — who have been living…
