Two-stories, four bedrooms with two possible masters, and over 3,400 square feet to spread out. This could be one of those great multi-generational homes that don’t come along that often, located in the Mockingbird Elementary zone near E. Mockingbird and McMillan Ave. The 1940-built home at 5503 Anita Street in Dallas is listed for $795,000 by Rogers Healy and Associates’ Grecia Garza, who’s showing the Craftsman-style home from 1 to 3 p.m. Saturday and Sunday.

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Lakeside on Preston

By the time we spotted this Saturday Seven Hundred listing at 5116 Lake Falls Drive and came back to it for a second look, it was under contract. No matter, we appreciate great, well-located homes any time we see them. This 4,382 square-foot-home in the Lakeside on Preston subdivision of west Plano has six bedrooms, five full bathrooms, and one half-bath, and could be great for multigenerational families. One of its six bedrooms has a second entry and the two-story home has a four-car garage. It’s listed by Mollie Hancock of Ebby Halliday, REALTORS Plano for $769,900.

Rich hardwood floors, vaulted ceilings, crown molding, and plantation shutters are just some of the details that make this 1997-built home feel so right. Cozy up to the gas fireplace in one of three living areas in this west Plano home. (more…)

The National Association of Realtors survey looked at multiple facets of the home buying process from mid 2013 to mid 2014. Location was a big factor, as expected.

The National Association of Realtors survey looked at multiple facets of the home buying process from mid 2013 to mid 2014. Location was a big factor, as expected.

First-time homebuyers are being squeezed out, and you gotta move fast to buy! And people are hanging on to their houses for the longest time on record, according to a new study by the National Association of Realtors.

Buyers are living in their homes for ten years, up from six years in 2008, and actually expect to live in their home for 12 years. Some of it is by choice, like hanging on to a fantastic rate after remortgaging, and some by necessity, like too much debt to move, as reported by the Dallas Morning News.

The study looked at the demographics of thousands of home purchases around the United States from July 2013 to June 2014, and its findings speak to many trends we’ve noticed in the market here at CandysDirt.

Take multigenerational homes, for example. We’ve seen more builders offering them, like almost every builder on our approved homebuilder list, from Park Cities to Preston Hollow and north. (I swear Mickey Munir at Sharif&Munir invented the jazzed-up mother-in-law suite.) Texas-based builder Darling Homes is selling multigenerational homes in Frisco’s Lawler Park and Houston area’s Lakes of Cypress Forest like hotcakes.

The survey says they’re right on trend: Since 1980, the number of multigenerational households around the country has doubled, with 13 percent of buyers purchasing one of these homes to accommodate aging parents and boomerang kids in a cost-saving way.

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