Dallas real estate news

Cottage in Cowtown Creates New Terminology

By Seth Fowler / September 18, 2018 /

I have created a new term in the housing world: “single-family detached condominium-cottage.”  Rumor around is that it will be featured in the 2019 edition of Webster’s Dictionary (other words also included will be “Real Estate Sherpa” and “Bow Tie Realtor”). Let’s unpack this new buzzword that’s sweeping the nation, and see how it explains…

Matt Scobee Turns Iconic

By Joshua Baethge / September 18, 2018 /

  Local agent Matt Scobee left Clay Stapp + Co. after five years to start his own brokerage, Iconic Real Estate.  The new firm, which started with an initial team of five agents, is located at 3111 Canton Street on the outskirts of Deep Ellum. “My vision is for us to be a brand conscious,…

Marriage of Modern and Traditional: Old Highland Park on the Outside, a Beverly Hills Surprise on the Inside

By Candy Evans / September 17, 2018 /

It’s no secret our market has simmered down from the overheated, boiling point frenzy of a year or so ago. And it’s not that the market isn’t healthy — according to multiple sources, the North Texas real estate market is among the healthiest in the nation. But to be honest, as we always are, the…

Mortgage Report: Refinance Apps Down, Purchase Applications Up

By Bethany Erickson / September 17, 2018 /

For the 73rd episode of the Mortgage Report, Bob Johnson (AKABobMortgage) reveals that the Mortgage Bankers Association announced that refinance applications are down, but home purchase applications are up. What does it mean? Bob explains that and more. And pro-tip: If you follow BobMortgage on Instagram, you can get daily updates on Bob’s lock or float positions,…

Real Estate News: Dallas Flips in Two Zips Average Higher Profit Than Nation

By Bethany Erickson / September 17, 2018 /

How much better did the 75243 zip code in Dallas fare in flipping profit than the rest of the nation? How did home sales look for North Texas in August? How are home sales and prices looking across the state? We’ll answer all that and more in this week’s real estate news roundup.