Matt Templeton of Keller Williams Urban Dallas regularly educates Realtors on how to make the most of the current market. (Courtesy Photo)

By Matthew Templeton
Managing Principal
KW Urban Dallas

It feels like there have been fundamental shifts in the real estate industry within the last few months. Technology is the buzz word, money is being thrown around, and CEOs of just about every top real estate-related company are out. The last few weeks’ news sums up that feeling.

September 2018: Compass closes another funding round for $400 million — money used to build more software and buy more agents.

And then …

February: Rich Barton (billionaire co-founder of Expedia and Zillow) takes the reins from Spencer Rascoff, who was CEO at Zillow for nine years.

February: Keller Williams rolls out the first artificial intelligence and data-driven platform in the real estate industry — others have been clamoring to follow

February: RE/MAX says [sic] “Our amazing technology is coming, and it will be best in class,” and makes a technology acquisition, Booj.

Last Week: Data-driven Opendoor will now show listings from rival brokerages and offer Redfin-like rebates.

Last Week: NTREIS Board holds a vote on whether to sell greater data access to Zillow. April will be a reckoning month for North Texas Realtors and their data.

We’ve moved into a new real estate era that is faster paced and increasingly powered by technology and data — more than ever before. But there’s something else afoot. It’s eerily similar to what happened with the dot-com bust. Real estate technology companies are flush with capital — in fact, 2018 was a banner year for real estate technology investment.

And yet many of the top “technology” or “platform” companies in the industry are not profitable.

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RichardsonEvery Thursday, we bring you our pick of the hottest North Texas properties in our CandysDirt.com Open Houses of the Week. These are the places you don’t want to miss that weekend.

This week, we’re headed back to Richardson, and this time, our houses all have price points less than $325,000. Which ones will you visit? (more…)

open housesRealtors — did you know that every week, we solicit pitches for our various featured listing posts like the Tuesday Two Hundred, the weekly roundup of Open Houses, Thursday Three Hundred, Friday Four or Five Hundred, and more?

All you have to do to get in on the action is join our Facebook group, Getting the Dirt. It’s a great place to virtually mingle with fellow professionals, ask questions, lend a hand, and, yes, pitch stories to CandysDirt.com writers.

Take, for instance, this week’s three properties featured in our CandysDirt.com Open Houses of the Week. After asking members to share their listings that would help someone meet a common New Year’s resolution, three Realtors pitched their open houses — and are now seeing them featured today.

Want to see who made a successful pitch? (more…)

affordableEarlier this week, we mentioned the October housing report from the Texas A&M Real Estate Center, which provided this interesting tidbit: While home sales may be slowing down in the higher price points, the most affordable price points are still doing robust business.

“The market for homes priced less than $200,000 remained the exception, where the MOI held at 2.8 months with constant pressure downward,” the report said. A balanced market, economists say, is closer to six months of inventory.

So for this week’s CandysDirt.com Open Houses of the Week, we thought we’d take a look at this price point, and what you can get for that.

This week, our homes range in price from $155,000 to $200,000. Which ones will you visit? (more…)

Oak LawnEvery Thursday, we bring you our pick of the hottest North Texas properties in our CandysDirt.com Open Houses of the Week. These are the places you don’t want to miss that weekend. And this week, we’re taking a look at the condos and townhomes in the Oak Lawn area.

This week, our homes range in price from $215,000 to $645,000. Which ones will you visit?

COZY NEST ON NEWTON

Open house: Saturday, Nov. 3, and Sunday, Nov. 4, 2-4 p.m.
While this condo at 4106 Newton Ave., comes in at about 771 square feet, its layout and 10-foot ceilings make it seem much larger than it actually is. (more…)

Every week, we bring you some of our favorite properties having open houses that weekend. We pick three fabulous open houses in Dallas (and the ‘burbs from time to time) you shouldn’t miss.

This is our CandysDirt.com Open Houses of the Week column and our houses range in price from $325,000 to $1.225 million today. Which ones will you visit? 

 

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After just 10 days on the market, our High Caliber Home of the Week presented by Lisa Peters of Caliber Home Loans is already under contract, reports listing agent Sam Saladino. 

Cedar Hill is hot!” Saladino shared. “You can’t beat the dollar per square foot for the neighborhood, home sizes, and amenities.”

The subdivision, which is dubbed Wildwood, plays host to this cool contemporary perched high in the hills above Joe Pool Lake and Cedar Hill State Park. It’s part of the larger Lake Ridge development, a hotbed of luxury homes in a very reasonable price range and on a hidden gem of a lake. 

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Real Estate Story

Tell Me Your Real Estate Story: French Couple Persevere to Find Family Home | CandysDirt.com

Lina Betancourt Fensch is a citizen of the world. Born in the United States to Colombian parents, she moved from Dallas to Paris, France, in 2004. She lived in the City of Light for over a decade, meeting and marrying her husband, Antoine Fensch, and having two children, Mathis and Mila. 

They moved from Paris to North Texas in September of 2016 and started house-hunting shortly thereafter. In May of this year, after looking at dozens of houses and being outbid time and time again, they finally bought a Richardson Heights house with three bedrooms, two bathrooms, and 1,856 square feet. Their story is fascinating! 

Full names: Lina Betancourt Fensch and Antoine Fensch

Occupations: Corporate communications, stay-at-home dad

Location: Richardson

Price Range: Under $250,000

Agent: Harriet Shaw with Keller Williams Urban Dallas

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