One Arts

An “O” House is a home so fabulous you have to drop whatever you are doing (yeah, even that) or holding, including your nail file, to look!

typing the name “Angie Barrett” takes me back about ten or so years, to when I had fewer wrinkles, smaller gluts, and Skip Hollandsworth wrote his famous “Angie Barrett Does Not Use Butt Cream” chef d’oeuvre for Texas Monthly.

(If it works, then I surely need it.)

Remember Angie Barrett? Click here if you need a refresher course or are so new to Dallas that you’ve never heard of her. Strong woman, smart woman, a real Dallas survivor.

The story of Angie Barrett’s ascension to the top of Dallas’ social heap is a story so unusual, and at times so utterly comical, that many people who have heard it told around the tables at the city’s best restaurants still have trouble believing it is true. Exactly twenty years ago, Angie was not a famous socialite. She was not even remotely on her way up the social ladder. Her name was then Angie King, and she was on her way to the state penitentiary, charged with stealing more than $500,000 worth of designer clothes from the downtown Neiman Marcus.

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Yeah, but she served her time, got out of the pen, and worked her butt off, cream or no cream.

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As I said Tuesday, the first of the year is when a lot of agents announce major changes and new beginnings.

One of those comes for former Ebby Halliday mega-producer Kenneth Walters, who made an official move January 1, 2016 from Ebby’s Little White House down the street (really, just across the hall) to Dave Perry-Miller and Associates.

It’s a merger, he says, that just makes sense.

“Dave Perry-Miller Real Estate specializes in the marketing of homes of quality and character, and maintains a client-first approach throughout the buying/selling process,” says Kenneth. “I live by the same credo but want to focus on all of that with a millennial approach.”

“Kenneth exemplifies the Dave Perry-Miller brand,” says the firm’s founding director, Dave Perry-Miller. “He is knowledgeable, discreet and excels in customer service.”

Kenneth racked up more than $25 million dollars over the last few years at Ebby, establishing himself as a top young producer. In 2013 he was named “Rookie of the Year”. He was the Little White House’s #3 top producer in 2015 and company-wide top producer in the 2nd and 3rd quarters of 2015.

Oh, and get this: Kenneth will be 27 years old in February! (more…)

millennials real estate

Millennials use their smart phones extensively in the homebuying process and use apps for research. Photo: Garry Knight

For years, millennials have largely been thought of as renters, not buyers, but that has changed. Millennials, born from the early 1980s to the early 2000s, now represent the largest group of homebuyers in the U.S. at 32 percent, taking over from Generation X, according to the 2015 National Association of Realtors (NAR) Home Buyer and Seller Generational Trends study, which evaluated the generational differences of recent home buyers and sellers.

This matters because the way millennials buy real estate is markedly more technology-driven than older generations, and Realtors need to adapt to their style if they want to keep up, says David Maez, Broker and Co-Owner at VIVO Realty.

“There’s lots of frustration among older agents in working with the millennials, but they’re not going away and agents need to learn to adapt,” Maez said. “It’s exciting because of all of the technology that’s available to us to make it easier to buy and sell properties. How people buy properties is going to continue to evolve on the technology level.”

millennials real estate

Take, for instance, the telephone. Many Realtors are used to speaking with clients, but millennials are much more into texting.

“With millennials, you have to communicate how they want to—they are big on texting and many don’t even answer their phones,” Maez said. “Some agents have had success using Facebook messaging because [their millennial clients] are not checking their email, either.”

The smartphone is key to a lot of the differences in millennial real estate patterns. More than half of them search for homes on their mobile phones and 26 percent of those buy a house they found that way, according to research from NAR.

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The home at 4661 N Versailles Ave. is one of the five featured this week in our open house roundup.

The home at 4661 N Versailles Ave. is one of the five featured this week in our open house roundup.

It may be Halloween this Saturday, but there’s always time for a fun open house. We’ve scoured the listings and rounded up five open houses around DFW you won’t want to miss.

We’re visiting neighborhoods from West Highland Park and Frisco to West Dallas and Hollywood Heights. The prices range from $420K to $899K. Let us know if you visit any and what you think!

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Millennials texting

Millennials use their smart phones extensively in the homebuying process and use apps for research. Photo: Garry Knight

For years, Millennials have largely been thought of as renters, not buyers, but that has changed. Millennials, born from the early 1980s to the early 2000s, now represent the largest group of homebuyers in the U.S. at 32 percent, taking over from Generation X, according to the 2015 National Association of Realtors (NAR) Home Buyer and Seller Generational Trends study released today, which evaluated the generational differences of recent home buyers and sellers.

This matters because the way Millennials buy real estate is markedly more technology-driven than older generations, and Realtors need to adapt to their style if they want to keep up, says David Maez, Broker and Co-Owner at VIVO Realty.

“There’s lots of frustration among older agents in working with the Millennials, but they’re not going away and agents need to learn to adapt,” Maez said. “It’s exciting because of all of the technology that’s available to us to make it easier to buy and sell properties. How people buy properties is going to continue to evolve on the technology level.”

NAR graph

Take, for instance, the telephone. Many Realtors are used to speaking with clients, but Millennials are much more into texting.

“With Millennials, you have to communicate how they want to—they are big on texting and many don’t even answer their phones,” Maez said. “Some agents have had success using Facebook messaging because [their Millennial clients] are not checking their email, either.”

The smartphone is key to a lot of the differences in Millennial real estate patterns. More than half of them search for homes on their mobile phones and 26 percent of those buy a house they found that way, according to research from NAR.

(more…)

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We know that University Park dirt is flying off the market faster than you can imagine, but we had no idea how high prices were inching up. There’s a lot of value in the neighborhood — dense, walkable, top-rated schools and a responsive local police department — but Kenneth Walters, a rising star inside Ebby Halliday Realtors, knows that the right home inside UP can fetch top dollar.

DSC_9322 copy4x6 300dpiKenneth represented 3821 Purdue, an adorable restored Tudor, and took a few moments from his hectic schedule to chat with us about this amazing home and his landmark sale!

CandysDirt.com: While this home is absolutely charming, were there any challenges that this sale presented that you haven’t otherwise encountered?

Kenneth Walters: Every transaction has its challenges. The primary objection for some buyers was the home’s size, which is about 2,000 square feet. Many potential buyers were looking at homes in excess of 3,000 square feet, but those were not finished out like Purdue.

CD: University Park has some highly sought-after dirt. Can you tell us what it was like having this home on the market for just 33 days?

Walters: Purdue had an offer before it ever went on the open market; so yes, we had multiple offers. My clients decided to list through the MLS and it paid off. Any property listed in the Fairway under $1 million is overwhelmed with showings. This property was special; you could feel the attention to detail that was taken to restore and renovate this 1930s Tudor.

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CD: Of course, with great schools and fabulous amenities, UP is a popular destination for young families. What about this home attracted the buyers?

Walters: I think the historic charm and modern amenities of Purdue attracted the buyers. The home was meticulously renovated with top-quality materials found in multimillion-dollar estate properties around the Park Cities.

Location is the No. 1 reason why the Park Cities continues to be a good investment. The 3800 block of Purdue is isolated from the noise and traffic of Central Expressway and the North Dallas Tollway, and it offers a short commute to the Central Business District. Great schools and municipal services like University Park’s parks system and emergency services sweeten the deal.

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CD: At $447 per square foot, this is a huge sale. Tell us how it feels to make such a significant sale as a rising star inside Ebby Halliday Realtors.

Walters: During the interview for the listing I found out that I was up against one of the top agents in the Park Cities. I was awarded the listing because of my comprehensive marketing plan, which included a direct-mail program, events for brokers and neighbors, a print campaign in top publications, and an emphasis on an online presence targeting young buyers. Being part of the No. 1 brokerage in Texas is also a major plus!

Setting a new standard in University Park is an amazing feeling of accomplishment. This is a great comparable for the market. I am really looking forward to the spring selling season!