downtown

The rooftop deck of this townhome in the Cedars is one of two homes in this week’s roundup of open houses with downtown Dallas views.

If you’ve been thinking about moving closer to downtown Dallas, but weren’t sure which downtown-adjacent neighborhood you wanted to live in, or whether you wanted to be smack-dab in downtown, we have some great options this week.

Every Thursday, we bring you our pick of the hottest North Texas properties in our CandysDirt.com Open Houses of the Week. These are the places you don’t want to miss that weekend. And this week, our homes are in Belmont West, the Cedars, and the Farmers Market areas.

This week, our homes range in price from $439,000 to $575,000. Which ones will you visit?

BRAND-NEW BELMONT WEST CUTIE

Open house: Dec. 8, 2-4 p.m.

When we asked Coldwell Banker Residential Realtor Alex Prins where he was hanging out this weekend, he pointed us to this new construction west of the Belmont Hotel at 1213 Walmsley Ave.

“This new build is like a dream!” he told us. “Floor the ceiling windows, tons of sunlight, hand-scraped hardwoods, 12-foot ceilings, and so much more!” (more…)

alaskaAlaska folk, I’ve always imagined, are pretty hardy folk made of some pretty stern stuff, although I admit that my knowledge of Alaska’s residents is mostly gleaned from Sarah Palin, Northern Exposure, and whatever I remember from U.S. History classes.

So when I heard about a town in Alaska whose residents mostly all live in one apartment building, I realized that they’re way stronger than I even imagined — because most of the 200 residents that call Whittier, Alaska, home live in the 14-story building called Begich Towers.

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Ryan Shea, his wife Mercy, and one of their sons enjoy last year’s holiday pie party.

For the seventh straight year, Realtor Ryan Shea will celebrate the holidays with pies. His annual holiday pie party is a way to thank clients and give back to those who have helped him.

“Ultimately it’s just a way to get everyone together,” Shea said. “My clients can meet each other. It’s just a great way to lighten up, relax and have a good time.”

The event will be held from 11 a.m.- 1 p.m. Dec. 13 at the Dallas Tree House store, 8021 Walnut Hill Lane. Anyone interested in attending should email Shea at ryan.shea@exprealty.com along with their pie preference (pecan, pumpkin or apple) before Dec. 10. International speaker and author Dr. Hank Seitz, known for his books on business and performance development, will also be in attendance. (more…)

Two simple keys to success in 2019 for the real estate market

Don’t worry Tarrant County Tuesday readers, the Bow Tie Realtor will have a look in the 2019 crystal ball for some tasty prognostications before the ball drops.

The pendulum has swung.  This was discussed earlier in Tarrant County Tuesday  — the housing market in Tarrant County has become more of a buyer’s market than we have seen in many years.

Why A Buyer’s Market?

In real estate, a buyer’s market is when there is a surplus of homes available for sale.  Homes generally take longer to sell, and prices tend to drop or only rise slightly.

There’s no exact reason why a seller’s market (like we’ve seen in Dallas-Fort Worth for past number of years) flips to a buyer’s market but here are a few common themes:

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Buckner TerraceIt’s not often you can find a four bedroom, move-in ready home at a price point north of $300,000, but when Paige and Curt Elliott with Dave Perry-Miller — Park Cities told us about this Buckner Terrace listing, we knew we found our Tuesday Two Hundred for this week.

“It’s a fresh, neutral, and lightly lived in, rare four-bedroom in the sought-after Buckner Terrace,” Paige Elliott told us of their listing at 5631 Everglade Road.

With 1,998 square feet of upgraded living space, this 1968 Traditional has a flexible and open floor plan with the formal living area opening to the kitchen, breakfast nook, and second living room. (more…)

rents

From staff reports

Dallas rents are rising, but are still doing so at a rate below the national average, the December 2018 Dallas Rent Report from ApartmentList.com revealed today.

Year-over-year, Dallas rents have increased by 1.1 percent, with median rents at about $890 for a one-bedroom apartment, and $1,110 for a two-bedroom. That year-over-year growth is less than the state average of 1.4 percent and the national average of 1.3 percent.

In November, Dallas rents remained flat. (more…)

Our Splurge: Tessa Mosteller with Briggs Freeman Sotheby’s International Realty has listed 4201 Emerson Avenue for $789,000.

For some, living in the Park Cities is something to aspire to, and we are centering on two of its gems. Enter University Park, a quintessential American neighborhood that makes us feel right home. With lush parks, sports fields, upscale shops, and exemplary Highland Park ISD schools that rank among the best in the country, this is where it’s at in Dallas! However, many buyers find themselves in a state of sticker shock when searching for their University Park home.

Fret no more! This week’s Splurge vs. Steal will put you at ease. Today, we zero in on two exceptional University Park condos, each on Emerson Avenue, and offering gorgeous interiors, but with price points that are miles apart. Which would you choose?

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Are Dallas home prices up or down? At what rate are they appreciating? We take a look at three different reports in this week’s roundup of real estate news.

CORELOGIC CASE-SHILLER REPORTS DECLINING HOME APPRECIATION

Home price gains have been slower this year across the country, but September 2018 marked the eighth consecutive month of home appreciation declines in the North Texas area, Standard & Poor’s/CoreLogic Case-Shiller Home Price Index revealed. (more…)