From Preston Hollow to Highland Park, Uptown to Lakewood, Kessler Park stretching all the way to Lake Highlands and North Dallas south of LBJ: there is a Dave Perry-Miller home in your future this weekend. Maybe even by Easter!

If you’ve been thinking about moving, or even if you just like to get inspiration from looking, there’s no better time to see what’s out there than at the Dave Perry-Miller Real Estate Spring Home Tour this Sunday, April 7 from 12 to 5 p.m. Visit openhouse.daveperrymiller.com for a complete list of homes available to tour.

In case you haven’t heard, the Dallas real estate market is back, blooming as big as our azaleas and gardenias. And with more inventory, there is so much to choose from. In fact, there may not have been a more perfect time to buy and sell a home than right now. And this weekend’s selections are loaded with exactly what buyers want: clean, contemporary lines, generous use of fine and rare woods and stone, kitchens that are more than functional, sweeping open floor plans, and master bath retreats that you will never want to leave… check out the oversized showers, the vessel tubs.

Whether you want a gardener’s dream green back-yard, an acre plus, a zero lot line, sparkling pool, flickering fireplace, even craggy hills, the Dave Perry-Miller Spring Home Tour has a home for you.

My favorite: the indoor/outdoor family room with sweeping, folding glass doors. Here they are: (more…)

Candy: We have a lovely home to sell in a hot area — Park Cities — “blue chip” as you call it, but is now a good time to sell or shall we wait until after the election?”

If that isn’t the million dollar question, and the reason why we may be seeing a slight pulling back in the market. Financial markets hate uncertainty. Real estate investors like to buy when they are “going up the stairs”, not down. So I decided to run this because I think a lot of people out there are wondering the very same thing: if you want to sell by year’s end, should you do it NOW or AFTER the election?

My take: Try NOW. Who knows what will happen after November 1. This is, without doubt, the wackiest election in our nation’s history. While we are all amazed that Donald Trump has made it thus far — I have to give top Dallas political consultant Carol Reed credit, she called it last fall! — the best entertainment is waking up each day to see what the bejesus he has said now. Odds are Hillary Clinton will win the election, and so maybe we can look to the policies of her husband’s administration to see what happened. There are those who claim the Housing Crisis of 2008 took root during the Clinton years:

Simply put, the financial crisis of 2008 was caused by a lot of banks making a lot of loans to a lot of people who either could not or would not pay the money back. But this explanation raises two key questions. Why did private lenders, whose job it was to assess credit risk, make those loans? And why did the army of financial regulators, with massive enforcement powers, allow 28 million high-risk loans to be made?

There’s a strong case that the answers can be traced to Sept. 12, 1992. On that day presidential candidate Bill Clinton proposed, in his campaign book “Putting People First,” using private pension funds to “invest” in government priorities, such as affordable housing, to “generate long-term, broad based economic benefits.” Seldom has such a radical proposal been so ignored during a campaign only to later lead to such devastating consequences.

This was penned by former Republican Senator Phil Gramm and Mike Solon, a Republican economic advisor, so who knows.

Ye gads, had we used pension funds to back mortgages…

Housing and Urban Development Secretary Henry Cisneros assured participants that “pension investments in affordable housing are as safe as pension investments in stocks and bonds. Six pension funds ultimately agreed to invest in public housing that was backed by $100 million in federal grants and guarantees, but the program never took off. In the end, even unions and their pension funds rejected the effort to direct any part of their retirement savings toward someone else’s welfare.”

I don’t know, our market is very strong in the under $500K realm. A little softer $2m and above, but well priced homes are selling. Of course they could tinker with it all in the name of creating government-backed affordable-housing goals. Again. As the authors said, “conflicted laws created conflicted regulations and conflicted regulators. Safety and soundness considerations required that regulators step on the brake. Affordable-housing goals required them to step on the gas. Government policy tried to make private wealth serve both government and private purposes. But wealth cannot serve two masters, and in the end the government was the dominant master.”

But that would take at least three years for repercussions from any policies started in 2017.

I say, get it listed now, make it as pretty as possible, and get it sold. What do you say?

5935 Deseret Front

More proof that there are some really cool houses up north that are far from your standard, brick-and-stone-clad builder’s special. This 1970s contemporary in West Plano is a wonderful example of how you can find a fabulous, updated home with tons of great details up in Collin County.

Located inside Bent Trail, this lovely home not only has great curb appeal and perfect landscaping, but inside is a transitional transformation that is just perfect for a modern family.

Jump to see inside!

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6426 Meadow IHOTW
I cannot believe this home is on the market. It evokes so many wonderful memories of our younger years in Preston Hollow. Many moons ago, before Preston Hollow was dotted with more McMansions than trees, this home stood out as the lone ranger of a sprawling, enormous, quirky but charming English abode, one of the most talked-about in town. The man who created it was a physician/attorney name Melvin D. Morgan, or rather his very creative wife, Niki Morgan, who remodeled a small 1940’s ranch into an architecturally significant, Dilbeck-esque rambling stone farmhouse with turrent, leaded glass windows, exposed beams, beautiful original hardwoods, knotty pine panels and a sunlit, open stairway that evokes a touch of Colorado mountain living. Located on Meadow, an east-west Preston Hollow thoroughfare that keeps traffic sane with speedbumps. You are in the leafiest heart of Preston Hollow east.6426 Meadow drive up (more…)