Realtor News

Mike Modano Talks Dallas Real Estate, Great Neighborhoods, and Where He's Going to Live Next…

By Candy Evans / May 24, 2013 /

It all started when we posted Mike Modano’s $2.495 house on Mimosa for sale this week. (It’s orgasmic.) Somewhere, somehow the rumor started in that he was leaving Dallas, maybe for LA? Mike’s biz manager, Tom Fireovid, contacted me to clear that up — sometimes in this internet world you end up linking to the…

Airbnb Gets Short-Sheeted in NYC

By Candy Evans / May 23, 2013 /

The hot short-term home rental site, Airbnb, has about 235 listings here in Dallas. But New York City is crying foul to at least one Airbnb landlord — will this hurt Airbnb? Story on SecondShelters.com…

Steve Brown via Redfin: About One-Third of Dallas Homes Have Buyers Within Two Weeks of Hitting the Market

By Candy Evans / May 22, 2013 /

I think that we have been preaching this here on CD ever since about January. Steve Brown reports that “more than 20 percent of the Dallas-area properties which were listed for sale in April had a contract in one week or less.” We are hot, in fact, one of the hottest residential real estate markets…

Another Reason to Rethink Fracking: Even The Threat of Shale Gas Wells Tanks Propert Values 20 to 24 Percent

By Joanna England / May 22, 2013 /

Business Insider listed the top nine things that can cripple or kill home values, and fracking (hydraulic fracturing) was listed among foreclosure graveyards, hoarding, sex offenders, and poorly performing schools as one of the top problems that tank home values. The threat of potentially polluted drinking water scares off buyers from their potential dream home.…

Remember the Roy’s Transmission and Autocare Saga in Bishop Arts? Well, Looks Like Roy’s Struck a $375K Deal with Our Tax Dollars

By Candy Evans / May 21, 2013 /

Last December I had my hissy fit about Roy’s Transmission & Autocare at 138 W. Davis. The shop lies splat in the center of the city’s plans to create a cute million dollar plus plaza and streetcar stop at Zang and Seventh. Basically, Roy Smith has been fixing cars at this location for 18 years. The city wants to buy Smith’s tire shop property to build a way cool entrance to Bishop Arts, including a children’s playground. Smith has no objections except the green kind: he wants to be paid enough money to relocate and get another business. Last year, he said he had his property appraised at $775,000 when the city offered him “only” about $205,000.