Dallas Renovation

Which Would You Choose: Checkbook Expedience or Sweat Equity?

By Jon Anderson / December 23, 2020 /

A few weeks ago, I wrote about seven one-bedroom Ritz Residences condos listed around the $1 million mark. But let’s say you need more space for your mil, what to do? At $1.075 million you could just settle for one of those Ritz one-bedrooms at 1,375 square feet on the 15th floor. Or for $26,000…

Read More

Penthouse Plunge: The Penthouse is Finally SOLD and CLOSED

By Jon Anderson / September 25, 2020 /

1 Kings 10:7: “And behold, the half was not told me.” * I bet you thought my last Penthouse Plunge column was the last. I had that hope, too. But just as it took me two months to close this deal when I was the buyer, it equally took two months to close as the…

Read More

Penthouse Plunge: Going, Going … Almost GONE

By Jon Anderson / July 13, 2020 /

Over the long July Fourth weekend, I received two offers on my Penthouse Plunge at the Claridge. One offer was quite low citing the prospective buyers’ uncertainty in the high-rise market in the face of COVID-19. The other was a much higher cash offer that wanted some customizations. Even after the low-baller increased their offer,…

Read More