Dallas
Valley View Shopping Center is shaping up on paper like a Victoria’s Secret glossy ad, but one thing’s for sure: it may never again look like the Valley View Mall many of us grew up with! I will never forget the opening of Bloomingdales over there, how cool was that? Alas, now Valley View is…
Those of us who own rental properties can get ready to fatten our checkbooks: rents are going up in Dallas, by 5%. According to an MSN Real Estate Report, at the end of 2012 the average rent paid in Dallas was $802. I honestly do not know of anyone with rent this low, do you?…
So D’Ann Petersen told Sheryl Jean at the Dallas Morning News that home prices are rising so fast in North Texas, she’s tempted to sell her house. D’Ann Petersen is a business economist for the Federal Reserve Bank of Dallas. My question for her is this: if you sell, where would you go? Inventory is so…
Quick draw McGraw! Seattle-based Redfin tells us Dallas has one of the quickest real estate markets in the country. That is, homes go on the market, and days, hours, sometimes even minutes later, they sell! Redfin calls it “real estate flash sales”, homes that go under contact within only hours of listing. Dallas ranks No.…
When we think about the buying side of the residential real estate market, the vision that most often pops into our heads is a young couple, eager to get the keys to their first-ever home.
Of course, that’s not always the case. There are all different kinds of transactions, but the Dallas residential real estate market is becoming more and more appealing to foreign investors. It’s a trend recently discovered by NetWorth Realty principals Mark Bloom and Derek Abel.
