Real Estate
Lots of young folks moving to Oak Cliff are looking for a charming older home with great bones. They’re looking for fixer-uppers, diamonds in the rough, and plenty of room for sweat equity.
To me, however, that sounds like a lot of work. (If that makes me sound lazy, well, color me guilty.)
If I were looking for a home in Oak Cliff, I’d snag one of these adorable Winnetka Heights Craftsman bungalows where someone else has poured in the blood, sweat, and trips to the hardware store so I don’t have to. So you can see why 122 S. Rosemont Ave. is so appealing to me. And at $229,000, it is an incredible value.
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:
In 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…
Right across from The Four Seasons Residence Club in beautiful Vail, Colorado, are the homes of Ross Perot, Jr. And Sr., right next to each other! (Ross Jr.’s is to the right of this picture, Ross Perot Sr. to the left.) Just back from a great weekend jaunt to Vail after attending NAREE in Denver. Lots to…
According to a letter from Carol Roark, Preservation Dallas’ interim executive director, City Hall shouldn’t allow the owners of the century-old Praetorian Building to implode the downtown structure as plans indicate.