paigebrookeNo matter the move you might make, it still probably wasn’t as epic as the one the original Charles Dilbeck home that sits at 1 Paigebrooke made.

You see, Paigebrooke is a five-lot subdivision in Westlake that was developed by former mayor Scott Bradley, who named the subdivision after his daughters, Paige and Brooke. But that subdivision was developed in the late 90s. This Dilbeck home was built in 1938.

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Photo courtesy Wikimedia Commons

More and more people are choosing to rent, economists are finding, but Apartment List found in a recent study that one particular — and somewhat surprising — segment of the rental market is booming: high-income renters.

The report deems those with six-figure incomes as high-income renters, and a growing number in this income bracket are choosing to rent their homes instead of buying. On a national basis, almost two million (or 48 percent of) high-income households became renters between 2007 and 2017.

“In Dallas specifically, high-income renters grew 91 percent from 2008-2017,” said Apartment List research associate Rob Warnock.

Why? At least in Dallas, it may be the sheer volume of luxury apartments available. (more…)

dallas_addison_texas_apartments_fiori_BDG_680_3It’s August, and still we see those “NO!” NIMBY signs all across Preston Hollow, indicating homeowner’s opposition to a potential multi-family residential development by a company called Transwestern, at Preston and Northwest Highway, Behind the Pink Wall. It’s been eight months since I wrote these words:NO-to-Transwestern-Deal (more…)

Ritz lease exteriorWouldn’t you just love to have an address that says, “Ritz” without actually OWNING it? Talk about the $30,000 Millionaire! Maybe there is one, maybe there are two, but there are no more units at the chi chi Residences at the Ritz-Carlton Dallas available for lease. That’s why you want to walk, not run, in your best $200 Nikes to catch this unit #904, a one-bedroom, one and a half bath on floor nine that has a twin in the same building: the stunning red and black decked out Carleton Varney suite. (more…)