It is not enough that the hotly contested District 13 City Council race between Laura Miller and Jennifer Staubach Gates has frozen forward progress Behind the Pink Wall, keeping victims of the Preston Place fire in limbo as to their financial future. Now it could also stymie new home development in Northwest Dallas.

About 4.4 acres of land at 10210 Webb Chapel Road once belonged to Mi Escualita Preschool. The property has sat vacant for at least six and a half years, but was recently was purchased by developer David Gleeson with hopes to build detached single-family homes on the land with a large national homebuilder such as David Weekley Homes. The homes, perfect for downsizing Baby Boomers, will be approximately 2,000 to 3,000 square feet in size, with prices ranging from $375,000 to $475,000.

And Gleeson has followed city protocol in order to obtain zoning for the new homes, which he says will add value to the neighborhood. And though he has talked to them, as well as other builders, the development is not a David Weekley Homes project at this point.

Still, Laura Miller included the development as No. 8 on her “Top 10” reasons of why Jennifer Gates won’t debate her (there have been at least 3 debates) and why District 13 residents should vote her in and incumbent Gates out. Miller also included the proposed development in her Dallas Morning News Voter profile.



District 11 map

[Editor’s Note: This story is the opinion of the writer and should not be interpreted as an endorsement. does not make endorsements in political races — yes, even when our founder is running!]

Tomorrow is election day in Dallas, and as you know, I am running for Dallas City Council in District 11. I have learned so much campaigning over the past few weeks. Campaigning is really a lot like reporting: you walk and talk and find out what concerns people, then make notes to do something about it once you hit City Hall. I have also learned first-hand how our system is stacked, and will spill the beans next week.

Oh, before I forget, the numbers were great for early voting across the city: 2418 turned out in my District, which is great news. Here’s a chart comparing years:

Screen Shot 2017-05-05 at 2.14.20 AM

In my district, people are most concerned about the Police and Fire pension debacle and security. On the one hand, they are beyond furious that the fund was mismanaged — hello, poor leadership, why I’m running — and they clearly want blood from the investors and advisors who led the board astray.

But they love the police and also want security. (more…)

Goodbye 2016 v2

[Editor’s note: The following column is the opinion of Jon Anderson and not the editorial opinion of]

Many heralded the end of 2016 with grinding glee. There seemed to be way more bad news on the local, federal, international and celebrity death stages than felt typical.  I wouldn’t try to wade into the national political scene, but Texas had more than enough of its own blistering recklessness littering our real estate domain this past year.


John Stephens AT&T

John Stephens CFO AT&T

Let’s face it: this week was kind of an emotional mess.

If you were supporting Hillary Clinton and expecting her to win, like most of the media did, nearly all the pollsters, and of course the pundits, you were devastated, cried, and probably feel a bit wrung out by now.

If you were a Trump supporter, you had to have been a LITTLE worried that he could pull this off. But pull it off he did, making unprecedented history, and you are now one happy, albeit maybe hungover, camper.

If you were undecided or didn’t like either candidate, you probably just watched the events unfold in disbelief but are now wondering, what does this all mean? We need business to thrive so people can buy and build homes. At first the markets tanked (because the expected did not happen), but then they soared. Most business tycoons are overjoyed at the prospect of fewer federal regulations and maybe we can let Dodd-Frank take a hike (don’t let the door hit you in the fanny). Could a lower corporate income tax be on the horizon? Middle class tax relief? Rebuilding our country?  Here’s what two Dallas-based CEOs told Bloomberg News:

John Stephens, chief financial officer, AT&T Inc.:
“From a company perspective, we really look forward to working with President-elect Trump and his transition team. His policies, his discussions about infrastructure investment, economic development and American innovation, all fit right in with AT&T’s goals.” (Nov. 9)

Kelcy Warren, billionaire founder, chairman and CEO, Energy Transfer Partners LP:
“Having a government that actually backs up what they say, that actually says, ‘we’re going to support infrastructure, we’re going to support job creation, we’re going to support growth in America,’ — and then actually does it. My God, this is going to be refreshing. So, I think, overall, I’m very, very enthusiastic about what’s going to happen with our country, very enthusiastic and as it supports our industry.” (Nov. 10)



1077 Honeysuckle - Exterior 1

Were Tuesday’s results a gut punch? Does the impending transfer of power fill you with dread at the prospect of the world ending in an orange haze over a Twitter spat?  Perhaps this home is for you.  It’s located about 140 miles outside Dallas … twice the distance the Nevada Test Site was from Las Vegas during their 1950s nuclear bomb testing program. Why does this matter?  Because underneath this unassuming lake house is a 1,000-square-foot bunker to wait out the apocalypse.

1950s Las Vegas Postcard

1950s Las Vegas Postcard



We’re all still reeling from last night, but Chief Economist Jonathan Smoke had some words to offer Americans. While we have had a pretty stellar seller’s market with home values soaring at unprecedented prices for so long, we were kind of due for a correction anyway.

“The lead-up to the election had no impact on home sales or demand; pent-up demand, historically low mortgage rates, relatively strong job creation, and significant demographic tailwinds created the best real estate market in a decade,” Smoke said. “Because our November elections come at one of the slowest time of the year for sales, it’s unlikely we will see much disruption to the normal seasonal pattern. However, if the outcome has a big impact on financial markets that lasts more than a few days, we could see some disruption beyond the usual seasonal decline. Unfortunately we don’t have a comparable period in history with good data to draw any sharper conclusions.”

Well, there was that little freakout last night in which the Dow futures fell by around 800 points … but by Hillary’s concession speech, things were leveling out.

(Photo: JEWEL SAMAD/AFP/Getty Images)


However, there are many other variables at play in the market, Smoke notes, particularly interest rates.

“It looks as though rates will fall, but the market moves today are already indicating that financial markets are pondering that the Trump effect could be positive for the economy,” he said. “We have almost five weeks before the December Federal Open Market Committee (FOMC) meeting, which will give the market plenty of time to digest the potential outcomes.  While the market is now indicating a reduced probability of a short-term rate hike at that meeting, the Fed has repeatedly indicated that they would be data-driven in their decision.  So, if markets calm down and November employment data look solid on December 2, a rate hike could still happen.”

What are your thoughts? Do you think the election results will influence the real estate market?

Only in LA would someone create art out of the presidential election AND mix it in with real estate. These images are popping up all over bus-stop benches in Pacific Palisades, Brentwood and Beverly Hills, and sprinkled in the yards of various homes for sale. The artist, an ultra conservative (I guess) named Sabo, is using them as satirical content (the celebs all said they will move out of the country if Trump wins the election) to drive people to a website, or so The Hollywood Reporter reports:

There’s also a phone number and a website,, which prolific street artist Sabo told The Hollywood Reporter stands for: “Get the f–k out of here today.” (The plan is for satirical content at the website while the phone number is actually to a Beverly Hills art gallery that is temporarily closed).

The logos are fake, but look pretty real. One wonders just how long it will take Sotheby’s to issue a cease and desist.

But then again, after tomorrow, they could become valuable pieces of historical art. (Jump for more) (more…)


Call it another “sign of the times”. WFAA-TV ran a great report last week on how obsolete political yards signs have become. The reason? They are not as valuable as they once were. They are, as one political consultant put it, old school. Social media far outperforms them. What good does a yard sign on a side street do anyhow when only the neighbors see it?

I am sure the obsolescence is making many a Realtor breathe a sigh of relief, right?

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Photo courtesy of WFAA-TV

I have noticed far fewer political signs propped up in North Texas yards this election, particularly in Republican strongholds like Park Cities and Preston Hollow, and zero political signs on homes that have a for sale sign in front.

(If I do see a Trump-Pence sign, I sort of hold my breath for the household.)

Political consultants say that is because the two presidential candidates are so unpopular:

“No. This is the fewest I’ve seen,” said Harold Clarke, a political science professor at the University of Texas at Dallas.

He theorizes that since the two presidential candidates are so unpopular in 2016, fewer people want signs to express support.