COVID-19

Dallas Luxury Builders Remain Optimistic Despite Coronavirus Complications

By Elaine Raffel / April 2, 2020 /

Luxury homebuilder Mark Molthan struggles for words when it comes to describing the current state of the industry. “It’s weird, almost surreal,” Molthan says. “On the job site, everything seems normal. Everyone’s working. But then you leave, you turn on the news, and suddenly you’re in this anxiety-fueled environment.” Along with having his crews operating…

As COVID-19 Slows Buyer Traffic, MetroTex Has No Plans to Pause Days On Market

By Joanna England / April 1, 2020 /

In California, one of the states hardest hit by the disease caused by the novel coronavirus — COVID-19 — the MLS board has opted to pause the days on market (DOM) count for current listings. The rationale is that with slower foot traffic thanks to shelter-in-place orders, DOM is not necessarily an accurate indicator of…

Want to Stay Home Far Away From People? We Got You

By Adlene Neely Dealey / April 1, 2020 /

Listen, I have to tell you that we just got word that we’ll be homeschooling and avoiding people until May — maybe longer — but I have to tell you all that some of you are annoying the ever-loving mess out of me. But I also know there are no preventive measures for stupidity, so…

Dallas Leaders Considering Emergency Ordinance to Halt Evictions

By Candy Evans / March 30, 2020 /

Cities and states across the country are taking action to put a halt on evictions amid the COVID-19 coronavirus pandemic, anticipating that many tenants won’t be able to pay rent with nearly 3.3 million Americans now out of work. New York City, one of the nation’s hottest red zones, placed an eviction moratorium on residential…

Open Houses Are Out, Drive-Through Closings Are In

By Joanna England / March 30, 2020 /

Just last week, Dallas County Commissioners amended the shelter-in-place declaration to allow real estate-related businesses (inspectors, escrow, and loan officers) to continue to operate as essential businesses. So while curbside closings are in, showings and open houses are still out. Robert Frye, escrow officer at Allegiance Title Preston Center, has conducted several curbside closings this…