Dallas real estate news
This just in from the lovely, amazing, and talented Alan Peppard: Troy Aikman has bought his second Highland Park home in three months, this time opting for the 6,000-square-foot former home of reporter and author Jane Wolfe.
The mansion on St. Johns was purchased by Aikman for a confirmed $4.3 million. Aikman’s last purchase was an 11,000-square-foot Mount Vernon manse built by Tatum Brown on Normandy that is just incredible inside and out, with beautiful landscaping by Harold Leidner.
No, it’s not that Baby Boomers have found the fountain of youth. Instead, it’s the younger crowd that is becoming a growing share of the luxury real estate market, making purchases at an unprecedented clip according to a Coldwell Banker Previews International and Luxury Institute survey. Around 43 percent of the $1 million-plus homes are…
Rarely do we find a house in the $200K range that is just a perfect home. A home so cute and sweet that, try as hard as we might, we can’t find anything that really turns us off about this cute little East Dallas cottage, and that’s a mighty big feat! Let’s talk location, first.…
You already know that Grandwick, the former Dallas headquarters of the Church of Scientology, was reduced to ashes by a three-alarm fire Thursday. The owner, David D. Anderson, said that he was unable to obtain insurance on the property because it was vacant. It would seem like this is a tragic, singular occurrence, but the…
Rarely do you see both home prices and rents grow in the same market where, as we reported earlier this week, net migration is in the red. And yet that’s what Local Market Monitor is projecting for Dallas-Irving-Plano area over the next 12 months.
That’s partially due to unemployment rates dropping and a strong financial and service job market in the Dallas area. Local Market Monitor projections show 9 percent growth in housing prices over the next 12 months and 12 percent growth over the next three years. And demand for housing, both buying and renting, will grow thanks to overall population growth that is outpacing the national average.
