Second Shelters

The Financial Week Ahead: How Will It Affect DALLAS REAL ESTATE?

By Candy Evans / August 29, 2011 /

This is the week before Labor Day, and starting today we will be hit with all kinds of national economic news that might make us want to get out of town to our second homes sooner rather than later. (And start drinking.) Now I have some GOOD real estate news  — a mega mega sale…

Five Percent of the Nation’s Housing Units Qualify as Second Homes. But Where The Hec Are They?

By Candy Evans / August 29, 2011 /

VERY interesting story here from the National Association of Home Builders that tells us where most of the second homes in the United States are located. There are 6.9 million housing units that qualify as second homes — that’s about 5% of all the U.S. housing units. There are 26 counties where at least HALF…

Renter Nation, Continued: Huge Surge in Dallas Rentals

By Candy Evans / August 29, 2011 /

Continuing the story I posted earlier on the proliferation of rentals in Dallas, I finally had time to check MLS stats and was blown away. Unless my fingers screwed up, I found that for first quarter 2011 there were 12,341 home sales in Dallas — single family plus condos — and in that same time…

Ad Valorem Taxes & The Elderly: You Can Defer Taxes for 8%

By Candy Evans / August 29, 2011 /

Last week we learned in the Dallas Morning News that about 3,000 elderly (that is, folks over age 65) and disabled Dallas County property owners are due for a fiscal surprise because of a computer glitch in the Dallas County Appraisal District that miscalculated their 2010 tax bills. That surprise is a higher tax bill than…

Northwood Hills Tour of Homes Sunday Afternoon Open House. Go There Today, 2:00 to 5:00 PM

By Candy Evans / August 28, 2011 /

Those who live there say Northwood Hills may just be Dallas’ best kept secret. Located just north of LBJ along Hillcrest Road, the neighborhood has a high-end aesthetic with a small town feel. Richardson schools are a huge plus. There are 1125 homes in Northwood,  average leafy lots of one-half an acre, and affordable home…