News

Dallas Prices Almost Record High, Inventory Almost Record Low: Case-Shiller Speaks

By Candy Evans | April 27, 2016 |

The venerable Case-Shiller report that tracks pre-owned home sales, not new builders homes or subdivisions, puts Dallas near the top of the list of cities with the biggest home price gains. Which is, of course, impressive. Standard & Poor’s Case-Shiller home price index says Dallas-area home prices were up 9 percent from February of 2015.…

Why I Worry About Millennials & Home Ownership: Low Wages

By Candy Evans | April 27, 2016 |

Konrad Putzier, a reporter at The Real Deal in New York City, tweeted this chart yesterday. It shows the plight of NYC’s millennials: 28.4% work in retail or hospitality – up from 21.9% in 2000 – but wages are down. Annual wages in retail or hospitality are less than $30,000 a year in one of…

Faulting Asphalt: Why Are We Replacing Longer-Wearing, Less Expensive Concrete?

By Jon Anderson | April 26, 2016 |

At the last Preston Center Task Force Meeting, TXDoT spoke about their progress repaving of Preston Road and my ears were pricked.  Preston Road was originally constructed with concrete and is now (again) being over-paved in Asphalt.  It’s been going on for years, but why? Other roads like Greenville are being repaired in concrete. The…

Classic Swiss Avenue Prairie-Style Opens Doors For Mother’s Day Home Tour

By Joanna England | April 26, 2016 |

It’s practically an institution in Dallas, an event that brings together families to enjoy one of the city’s favorite neighborhoods. Of course, I’m talking about the Swiss Avenue Historic District Mother’s Day Home Tour, which is a two-day event on Mother’s Day Weekend (May 7-8) with a jazz brunch, an art fair, a free speaker…

Stylish, Remodeled Eastwood Park Home Just Hit Market, Shows Beautifully

By Leah Shafer | April 26, 2016 |

Our Tuesday Two Hundred is a lovely Midcentury cottage in the Lake and Gardens District, near Garland and Peavy roads. Located at 10145 Eastwood Dr., this home is beautifully presented—you can see the effort, from the newly laid sod in front and freshly planted flowers, to a well-staged interior with no clutter. It’s a 2-2 with 1,496…

Get Used to Renting: Homes Under $200K Extinct in DFW, Hollywood Hits Heights

By Candy Evans | April 26, 2016 |

Is Dallas becoming LA? We have been harping on this for quite some time, but now the mainstream media seems to have taken a whiff of real estate smelling salts. First-time homebuyers (who don’t get lump sum down payment help from Mom and Dad) are out of luck finding affordable homes and will continue to…