Real Estate Investor
We were intrigued by a story from Bloomberg News citing RealtyTrac figures reportedly showing a nationwide decrease in flipping: Home flipping, in which a buyer resells a property quickly for a profit, is on the decline as U.S. residential price gains slow and foreclosures dwindle. Almost 31,000 single-family houses were flipped in the second quarter, representing 4.6…
Read MoreWe wanted to get some boots-on-the-ground perspective from North Texas Realtors after Forbes named Fort Worth-Arlington and Dallas-Plano-Irving as the top two “best buy cities,” or areas in the U.S. where buying a home is a good investment. Forbes teamed up with Local Market Monitor to measure the “equilibrium home price,” which strips away several…
Read MoreAttention sharpest real estate shoppers: opportunity is knocking big time for a wise real estate investor over here at 9422 Alva Court, in the honeypot of Old Preston Hollow. In fact, I feel like I am having deja vue: we bought in Old Preston Hollow when the market was about as low as it is…
Read MoreThis is a real blast from the past: Dave Perry-Miller sold 9338 Meadowbrook recently, listed at $6.795, with sales price undisclosed, though I hear it was fairly close to asking. Something about this house made me have deja vue. I dusted off some old notes to get us the very interesting history of this home. It was 1997,…
Read MoreI’m doing something rather unconventional here. I am cutting and pasting in an entire story as I found it on the web. Read, please: Texas Multimillionaire logs rare loss on Ritz Tower sale Donald J. Carter recently sold a 3,700-square-foot condominium in the Ritz-Carlton Tower Residences for $1.25 million, or $64,000 less than he paid…
Read More
