07/19/18 9:55am

midcentury

It is no secret that midcentury modern homes fetch more eyeballs, interest and buyers these days. Discriminating lovers of well-maintained and lovingly updated midcentury moderns are familiar with the name William E. Benson — his name became synonymous with significant Dallas architecture in the fifties and sixties. Truthfully, owning a home with a William  E. Benson signature would be a coup in any city.

Benson, who graduated from the University of Illinois in 1947 after a year of graduate work in design, moved to Dallas and hung up his shingle in 1952, quickly making a name for himself. Another home designed by Benson, in collaboration with interior designer Louise Kahn, is 5848 Colhurst. The home is well known as one of the most significant midcentury modern homes in Dallas.

Congruently, during a period of rapid church expansion, Benson designed nearly fifty church projects, from master plans and first units to complete sanctuaries.

And now, the luck of market is upon us. A Bishop Arts District abode Benson designed — 524 N. Manus Drive — has just been listed with Suzanne Warner of Coldwell Banker Global Luxury. Even more, the home has been updated to perfection with a serious effort to maintain Benson’s original midcentury modern aesthetic. Built in 1952, 524 N. Manus Drive home was constructed by a Dallas custom builder who hired personally Benson to design his own private home.

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07/19/18 9:52am

Bob Johnson (AKA BobMortgage) hears it all the time. With our tight inventory, it’s hard to find a move-in ready home in your perfect neighborhood. Luckily, our most-trusted mortgage expert has a solution  — financing your renovation in your mortgage.

Don’t be discouraged if you find the perfect location with great schools, wonderful amenities, and safe streets, but can’t find the perfect home! Johnson, the senior mortgage adviser at the nation’s oldest private lender, Wallick & Volk, tells you what you need to know in today’s BobMortgage Zone broadcast. 

Jump to find out more!

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07/19/18 9:25am

3601 Mount Veeder Road, Napa, CA is currently listed by Dominic Labriola of LHspaces for $899,000. Photos Courtesy of LHspaces.

If you’ve ever dreamed of owning land in Napa Valley this is your chance! A rare land offering just hit the market that will make your head spin – and not from sipping too much vino. Located at 3601 Mount Veeder Road nestled on 28.1-pristine-acres, sits an exquisite land holding perched at the top of the famous Mt. Veeder Appellation in Napa, California, and it could be yours. The asking price? Under a million, at just $899,000.

See it on SecondShelters.com now!

07/19/18 8:00am

Trisha Hoelscher recently joined the Ebby Halliday Southlake office.  She previously worked at Engel and Volkers. However, after interviewing with multiple brokerages, she ultimately felt that Ebby was the best fit for her.

“I can’t say enough about the level of integrity, ethics, and unparalleled customer service that they offer,” Hoelscher said. “They have an amazing support system- it truly is a sense of community. It feels like coming home.”

Hoelscher will focus primarily on properties in Westlake, Vaquero, Southlake and Colleyville, areas she describes as “on fire” due to the immense amount of construction going on there.

During her career, she’s been active in pocket listings, private sales, and global relocations. She credits her success in part to a philosophy of building long-term relationships based on commitment and trust.

“My goal, as always, is to provide you exceptional, comprehensive service,” she said.

Before reinstating her license in 2015 to focus full time on real estate, Hoelscher spent 15 year in sales and consulting where she honed her negotiating skills. She also ran her own design firm, an experience that she draws upon when working with clients.While her hectic schedule does now allow for much time designing these days. she believes that having a passion for architecture and design melds well with her real estate business.

One fun fact about Hoelscher (pronounced HELL-chur) is that her family has been recognized as the largest in Texas, and likely one of the top three largest in the nation. Her ancestors, Anton and Maria Catherine Hoelscher were Germans who immigrated to Texas in the 1840’s. Their descendants now number in the thousands, with the vast majority of those living today residing in Texas.

“Any person with the same last name is probably related to me,” she said. “There are a ton of us.”

 

07/19/18 7:00am

crespiWhen the Walnut Place Estate — the former Crespi Estate — sold at auction last year, it went for a record $36.2 million, and to a familiar buyer — Dallas developer Mehrdad Moayedi. Word came this week that Moayedi has finished up some renovations, and has put it back on the market for a cool $38.5 million.

The Dallas Business Journal has details of the listing, which is not on MLS. Allie Beth Allman and Kyle Crews have the listing for the 28,000-square-foot, 10-bedroom, 12-bath mansion that was once listed for a whopping $135 million.

The mansion was home to former Dallas Stars and Texas Rangers owner Tom Hicks, before he sold to Andy Beal, who then put it up for auction with Concierge Auctions, which led to Moayedi’s opportunity to snap up the property.

When Moayedi bought the home, Candy had details(more…)

07/18/18 3:30pm
ghosts

Not pictured: Screaming Ghost Lady of Yore.

When you think of a bed and breakfast, you probably think about sleeping gingerly on someone else’s delicate antiques and praying you’re not the one who pulls the chain plumb off that old-fashioned toilet, or you know, irritating a few ghosts.

Oh, maybe that’s just me?

Still, I know there are people that go to B&Bs to relax and eat breakfast with strangers and soak in claw foot tubs. And maybe it really is just me that has a hard time relaxing in a place where someone’s saloon-keeper great-great grandpa is staring at me from a tintype above the bureau, but I can’t help but think that people who stay at this haunted B&B in Brumley, Missouri, might be a special breed of folk that can relax in the face of anything, because I’m reading the website and it says, “LEARN MUCH MORE ON A TOUR WITH GREAT HISTORIC INFORMATION AND STORIES, SUCH AS THE HOUSE’S ROLE IN THE SPANISH FLU PANDEMIC AND ITS MASS GRAVE.” (more…)

After just 10 days on the market, our High Caliber Home of the Week presented by Lisa Peters of Caliber Home Loans is already under contract, reports listing agent Sam Saladino. 

Cedar Hill is hot!” Saladino shared. “You can’t beat the dollar per square foot for the neighborhood, home sizes, and amenities.”

The subdivision, which is dubbed Wildwood, plays host to this cool contemporary perched high in the hills above Joe Pool Lake and Cedar Hill State Park. It’s part of the larger Lake Ridge development, a hotbed of luxury homes in a very reasonable price range and on a hidden gem of a lake. 

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07/18/18 10:00am

I’m sure you caught the Dallas Morning News‘ recent declaration that the start-up discount brokerage Door, while on a tear, is not yet really fully disrupting the buying and selling of real estate.

At least not here, not yet. I’m off to Inman in San Francisco, so let’s talk next week.

But it’s interesting that the DMN even wrote about a topic that once might have seemed too “B to B” for a consumer newspaper. This confirms the vibes I got at NAREE last month: the consumer is now keenly aware of the changes in the Real Estate industry, which means they could be selling their home in a different manner: traditional agent commission split; flat fee brokerage, 100% commission model; a discount broker, like Door; sell the place outright to a cash buyer like OpenDoor or Zillow’s Instant Offer for less than they’d make if they messed with marketing, but get the deal done quickly.

There are many disruptors jolting the real estate marketplace, and we are finally feeling it in Dallas/Fort Worth:

The liquidity providers: OpenDoor and Zillow’s Instant Offer. benefit to consumer: quick cash.

100% virtual brokerages: eXp Realty, out of Bellingham, Washington. Benefit to consumer: happy, motivated, well compensated agent

100% commission models like JP& Associates, Realty One Group, HomeSmart, etc. Benefit to consumer: happy, super motivated, well compensated agent

Tech brokerages: Compass and Redfin. Benefit to consumer: happy, motivated agent, commission rebate (Redfin) traditional split (Compass)

Flat fee brokerages such as UK’s Purple Bricks, Door, OpenListing and ListingSpark. Benefit to consumer: flat fee for selling, savings to consumer

But don’t you “get what you pay for”? As Brad Inman puts it, “For a bigger part of the decade, Keller Williams was beating up on Re/Max, the Realogy brandsBerkshire Hathaway and the big indies. But now all of them are lifting their horns for new fights, with some well-funded challengers proving to be ferocious competitors.” Should we be afraid?

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