Realtor News
Kerry Paradise Slaughter of Prudential Texas Properties started the “Slaughterhouse” Halloween bash seven years ago with just a grill and some weenies. This year, the event is bigger, scarier, and benefits a great cause. Find out more about this ghoulishly good time on BubbleLife Media’s Lake Highlands page.
Read MoreWell I had an interesting day. Started at the North Dallas MLS Meeting, ended up in court. Seems Dr. Richard Malouf and his wife want a temporary restraining order against me, Byron Harris, WFAA-TV, and Laura Wilson, mother of Owen Wilson, who lives next door to Richard and Leanne. That’s right, they are suing their…
Read MoreI spoke to MetroTex Association of Realtors MLS Director Cathy Faulkner yesterday about “Z sales” coming to an end. In the luxury market, “Z sales” gave lofty sales prices a sense of anonymity.
I won’t bore you with the technical details of what a “Z sale” is exactly. Check out this site for a primer on the practice. The gist is this: sellers who were gun shy about disclosing what they paid for a home listed on MLS put a “Z” instead of a big number followed by a lot of zeroes.
Dallas Realtor Jeff Duffey says the death of the practice “will never affect approximately 99% of the real estate market areas throughout North Texas.” However, he estimates roughly 20 percent of the sales in high-end neighborhoods such as the Park Cities, Preston Hollow, and Turtle Creek are “Z sales.”
Read MoreJohn and Teresa Amend’s Mount Vernon at 4009 West Lawther Drive was snapped up in this week’s second version of Global Real Estate on Steroids, aka “Mansion” in the Wall Street Journal. You see it on the second page of the special section, then you see it here on the on line report.
Read MoreThis regal home at 3005 Shadow Drive in Arlington is so full of luxury goodies I do not quite know where to begin. What you cannot see from the photos is the vistas it overlooks, the lush landscaping, the proximity to both Cowboys and Rangers stadium. No more game traffic on I-30! What you can…
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