rentalYou can’t always find a Dallas rental that is impeccably updated, zoned for great schools, family-friendly, and budget-friendly. But for this week’s Rental of the Week, we feel pretty confident we’ve found that sparkly unicorn.

This three-bedroom, two bath home in Northwest Dallas has 1,904 square feet of living space, and was remodeled in 2017.  (more…)

sub-zero

CandysDirt.com and Sub-Zero, Wolf, and Cove will host a panel discussion on innovation and disruption in the home building industry on March 26.

We talk a lot about disruption and innovation here at CandysDirt.com, largely in the realm of the real estate business. But we also know that the same dynamic takes place in the building and design world as well. Who are the disruptors and innovators in the building world? How do you build change into your business plan? What has changed in the past five years when it comes to energy efficiency and even what customers desire?

We’ll delve into all that and more in a forward-looking panel with some phenomenal builder experts on March 26, from 6 p.m. to 8 p.m. The folks at Sub-Zero, Wolf, and Cove partnered with CandysDirt to talk about innovation, as well as how their showroom can be an asset for builders, realtors, and designers who want to train staff about the latest appliances, or help clients visualize what their dream kitchen looks like.

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Homes are flying off the market, often before a sign is put in the yard. Still, Texas metro areas could experience a slower market toward the end of this year.

Homes are flying off the market, often before a sign is put in the yard. Still, Texas metro areas could experience a slower market toward the end of this year.

Corrected figures from the National Association of Realtors show that Dallas home sales have increased 1.82 percent in the first quarter of 2015 while median price grew 11.99 percent.

Statewide figures show a strong start to 2015 for Texas home sales, with a year-over-year increase of 4.16 percent. Inventory is still an issue, with available homes dropping to an all-time-low of just 3.1 months, which is less than half the supply required for a balanced housing market. That’s a precipitous 8.82 percent decline from the first quarter of 2014. More detailed figures are available through the Texas Association of Realtors.

“Homes are being built as quickly as possible, yet most are not in the price range where inventory is needed most – the entry-level market,” explained economist Jim Gaines of the Real Estate Center at Texas A&M University. “Interest rates are still low, but tight lending standards, rising home prices, and slim inventory have created a tough market for first-time homebuyers.”

It sounds like a good problem to have, right?

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Sure, Zillow and Trulia are popular portals for consumers to shop for homes, and there are a lot of fantastic luxury properties marketed as hip pockets, but does that spell the end for MLS systems everywhere?

Sure, Zillow and Trulia are popular portals for consumers to shop for homes, and there are a lot of fantastic luxury properties marketed as hip pockets on select sites, but does that spell the end for MLS systems everywhere?

Inman contributor Creed Smith wrote a column published on the real estate news site suggesting that the system real estate agents use to access listing information, the Multiple Listing Service, was on the way out. It ignited a heated debate among Inman staffers and commenters, earning a reply from Inman managing editor Matt Carter. 

If the real estate industry were invented today, there would be no NAR (National Association of Realtors) or MLS (multiple listing service), and perhaps no franchises — there might not even be real estate brokers.

The MLS was built for three reasons:

  1. To place all information on homes for sale and sold homes into a central location for brokers.
  2. To create a percentage of sale price payment agreement between brokers.
  3.  To elevate NAR and the MLS companies to almost godlike status with monopoly power.

The marketplace now demands a system built on their desires, not those of NAR. How would you build a system for selling and buying homes based on market desires with today’s technology and market dynamics? You would offer an open-source international database (website … portal).

You can read Smith’s full-length piece on his Demon of Marketing website, but we wanted to get the perspective of local brokers and Realtors on the cutting edge of real estate here in North Texas as to whether we should be writing a eulogy for the MLS system.

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Robbie Briggs

Robbie Briggs announced his brokerage’s expansion into Fort Worth today.

Set to open early next year, Briggs Freeman Sotheby’s International Realty is solidifying its relationship with Cowtown with a new office in Fort Worth proper.

“We are so excited. I’ve always wanted to open an office in Fort Worth because I know its importance and love the city,” said Robbie Briggs. “The world views the DFW Metroplex as one market, but we understand each city has its own unique character and personality. Together, with the leadership and guidance of local businesses and influencers, we can deliver our world-class brand and services to the world-class city of Fort Worth.”

Jump for the full statement.

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candys dirt_dallas outdoor post
This weekend’s NCAA Final Four is in Arlington, and this major sporting event will bring some national focus and many visitors to the Dallas-Fort Worth area. Since many of these fans and members of the media may be from colder climates, and since spring has officially sprung here in Dallas, we wanted to suggest some outside destinations to consider in between games, or in case (heaven forbid!) their team loses early. Hopefully the weather will provide some opportunity to sneak out.
For these suggestions, we sought out the talented staff at Harold Leidner Landscape Architects  and asked them to provide a list of places they would suggest or that they might take their friends in family when they visit. Here are a few of the sites they suggested:

3608 Overton Park Front

One of my guilty pleasures is this hilarious Tumblr blog “Catalog Living.” It follows the life of Gary and Elaine as they live in their Pinterest-worthy surroundings that are often so perfect they’re absurd.

Absurdly perfect is how I’d describe this gorgeous remodeled traditional in Fort Worth’s Overton Park subdivision. This neighborhood is so sought after that I would be stunned if 3608 Overton Park was on the market for more than a month. This beautifully remodeled six-bedroom, four-and-a-half-bath home is listed by Virginia Cook Realtor Jeff Anderson for $1,085,000. Sure, it looks unassuming from the curb, but this home is packed full of “WOW!” from the entry on through.

3608 Overton Park Entry 3608 Overton Park Dining 3608 Overton park Den

This home is just stunning, and as you click through the slideshow, you’ll notice that this home, which has just some ridiculously cool finish-out, feels like pages from a catalog. I could totally imagine Gary and Elaine leaning over the kitchen island, tasting the souffle Elaine just pulled from the commercial-grade oven. Or perhaps Gary is watching the Rangers rout the Mariners from his loggia, where he’s got a top-notch outdoor kitchen.

3608 Overton Park Kitchen 3608 Overton Park Breakfast

And consider the rather plush life Gary and Elaine’s rugrats live, what with their space-themed playroom and made-for-sleepovers bunk bed room. With the pool and treehouse in the backyard, they’re probably the envy of the entire neighborhood. Add that this home is right next to a park and it just turned into a home more perfect for a family than any house ever featured in Leave it to Beaver.

3608 Overton Park Bunk Beds 3608 Overton Park Playroom 3608 Overton Park Pool

Seriously, though, the attention to detail in the finish-out of this incredible home is nonpariel. I love the cabinetry in the kitchen, the beautiful light fixtures with Edison bulbs throughout the living area, and the master bath rocks one of the coolest cast iron sinks I’ve ever seen in my life. That vanity just makes my millennium. Swoon-worthy and then some, right?

3608 Overton Park Master 3608 Overton Park Bath

You’ll also adore the sixth bedroom, which is a guest suite above the pool house. It’s above a living area just off the kitchen that has a separate entrance. Perfect for your 20-something that has flown back to the nest before finding their wings. Just be prepared if they aren’t ready to leave after a few years. You might have to change the locks!

3608 Overton Park Backyard 3608 Overton Park Sunroom 3608 Overton Park Sunroom bar 3608 Overton Park Guest

Really, the only downside I can think of to this home is the lack of covered parking or garages. Still, as Anderson’s listing tells us, with a half-acre lot, there’s plenty of room for you to find a spot to park your Land Rover.

Such a beautiful property! What do you think?