News

Snakes and Speed: Two Neighborhoods in Dallas You May Want to Avoid: Dallas Real Estate News

By Candy Evans | March 30, 2012 |

If you have an aversion to slithery creatures, might not want to move over to Harry Moss Park off Arborside Drive and Royal Lane in Lake Highlands. Homeowners there have lost dogs to nasty snake bites from Copperheads. Some are even afraid to let dogs romp in the park. In fact, there are now signs at the park…

Nasher to Museum Tower: Watch Your Glass, It’s Frying Us

By Candy Evans | March 30, 2012 |

Great article in Thursday’s Dallas Morning News by Michael Granberry about an ensuing battle between Museum Tower and the Nasher Sculpture Center that we can only hope won’t lead to the l-word: lawsuit. Of course, the story is behind the paywall, and I highly recommend you read it. If not, here’s a synopsis: Sometimes it’s…

Second Home Sales Surged in 2011 by 65%, Vaca Home Sales Up by 7%

By Candy Evans | March 30, 2012 |

It had to happen sooner or later, especially with prices slashed and dashed by 40 to almost 60% in some markets. But sales of second homes, some vacation, most investment, shot up in 2011. The combined sales of vaca and investment homes was at the highest it has been in this country since 2005. The…

Prudential Turtle Creek Moves to East Dallas Office, Finally Free of 2 Turtle Creek Village: Good Stuff

By Candy Evans | March 29, 2012 |

Whoa, hold the presses. I was given some incorrect information earlier today and really need to clarify. Prudential’s Turtle Creek office has indeed moved, but it was no way a sneaky deal. Turns out the shopping center at 2 Turtle Creek Village recently went into foreclosure, giving the office a chance to break free from a lease that…

The Rich Worry: Will the Affordable Care Act or Obamacare Affect the Luxury Real Estate Market? Like Maybe Cool Luxury Sales?

By Candy Evans | March 29, 2012 |

I was in California over the weekend, and sat through several presentations from top agents in Silicon Valley as a favor to a friend considering putting his home on the market. It was interesting to see how they presented comps and market homes out there. Only one of the agents still uses print ads to market homes, another never places ads in the larger circ papers — “waste of money”, said he, preferring smaller hyper-local pubs, if any. For this crowd, it’s all about the web and emails/texts. 89% of buyers search for homes online, they said. But get this: among buyers aged 25 to 44, a whopping 95% use the internet to search for a home. Internet buyer’s incomes are 25% higher than traditional buyer’s incomes. More buyers find their homes on the internet than through signs, home builders, or print ads combined.

Thursday Three Hundred: Empty Nesters Dream Home on Cole by Diane Cheatham

By Candy Evans | March 29, 2012 |

Update 3/29: Dang, this one is sold leased! This hot market is making my job even harder! Do not tell me we do not have gorgeous, sleek, affordable contemporary housing within steps of everything you need — well, the Katy Trail, Knox shopping, and some of the city’s best restaurants. You tell me a lie…