Four Seasons Caye Chapel Resort, Caye Chapel, Belize

Trend alert: now more than ever, high-end developments are offering exclusive getaways and glamping retreats to qualified luxury home buyers. If you’re in the market for a vacation home or place to retire, there’s no better way to experience the lifestyle than with try before you buy.

Not sure where to start? No problem! We’ve done all the work for you in our list of top “try before you buy” vacation spots. Pick a place that speaks to you and indulge in a brief (and sometimes free) house hunting expedition for the second home of your dreams. Disclaimer: You’ll want to pack your bags immediately.

Learn more on SecondShelters.com

 

Realtors

Nancy Wilson of Coldwell Banker Residential was honored by the Greater East Dallas Chamber of Commerce with the Live Local Award.

Which two realtors (and what designer) were recognized by a local chamber of commerce for their work in East Dallas? How do North Texas home sales in July compare statewide? And where is the job growth in Texas?
We answer all those questions in this week’s roundup of real estate news. (more…)

Real EstateDallas ISD is holding public information meetings for a proposed Tax Ratification Election to be held in November, a Desoto man has been tapped by Governor Abbott for a spot on a real estate advisory committee, and we take a look at how the market did in the area in July in this week’s real estate news roundup. (more…)

recessionDallas was among nine metros where the bulk of home values have hit pre-recession levels, affordability is hampering one age group in particular from purchasing homes, Zillow is making yet another bid toward world domination, and mortgage rates are ticking up — all this and more in this week’s real estate news roundup. (more…)

DallasHow much does it cost to buy a home in a good school district in the Dallas area? What do single-family rents look like in Dallas? And are people remodeling? We find out in a roundup of real estate news. (more…)

home sales

(Graph courtesy Zillow)

Foreclosure starts are up locally, Dallas-Ft. Worth market continues to significantly outperform all other cities in the state when it comes to home sales, and several local cities and towns are among the top places in Texas to live.

We take a look at all of that and more in this week’s roundup of real estate news. (more…)

Pam and Norm Robbins with daughter Ashley Robbins Gonzales

Pam and Norm Robbins, with daughter Ashley Robbins Gonzales

Pam Robbins was the first Realtor in the family, beginning her career 32 years ago. Ashley Robbins Gonzales, her daughter, was 10 at the time. After Ashley married in 2000, she decided to give real estate a try, too. As luck would have it, their talents made them a formidable team. With Pam as the people person and Ashley as the tech whiz, they discovered soon how much of a good match they are.

But there was a piece of the puzzle missing. After a long career at the Fort Worth Chamber of Commerce and later in community relations at Lockheed Martin, Norm Robbins, Pam’s husband and Ashley’s dad, had the vast network that would make this family affair take off.

(more…)

casechart5.31
We are still cooking when it comes to rising property values, though the heat is no longer set to boil: Dallas’ March home price increase was only 1.4%, the lowest annual increase in nine months, and below February’s. But Dow Jones’ Case-Shiller March report says oil pries be damned, Texas is still killing it as real estate becomes a more scarce commodity:

“The economy is supporting the price increases with improving labor markets, falling unemployment rates and extremely low mortgage rates,” S&P’s David Blitzer said in the report. “Another factor behind rising home prices is the limited supply of homes on the market.

“The number of homes currently on the market is less than 2 percent of the number of households in the U.S., the lowest percentage seen since the mid-1980s.”

Here is what I am loving: while nationwide home prices are still 10% below what they were in 2006, when the market was just nuts, Dallas-area home prices are now more than 25 percent higher than they were before the recession.

We can thank the more than 80,000 people a year moving here for making our homes short in supply, our days on market about 3 months or less (less in Plano-Frisco) except, of course, when you are talking the eight digit properties.

Price movements, said the report, vary across the country. “The Pacific Northwest and the west continue to be the strongest regions. Seattle, Portland, Oregon and Denver had the largest year-over-year price increases. These cities also saw some of the largest declines in unemployment rates among the 20 cities included in the S&P/Case-Shiller Indices. The northeast and upper mid-west regions were at the other end of the ranking. The four cities with the smallest year-over-year prices gains were Washington DC, Chicago, New York, and Cleveland. The unemployment rates in Chicago and Cleveland rose from March 2015 to March 2016.” (more…)