Two simple keys to success in 2019 for the real estate market

Don’t worry Tarrant County Tuesday readers, the Bow Tie Realtor will have a look in the 2019 crystal ball for some tasty prognostications before the ball drops.

The pendulum has swung.  This was discussed earlier in Tarrant County Tuesday  — the housing market in Tarrant County has become more of a buyer’s market than we have seen in many years.

Why A Buyer’s Market?

In real estate, a buyer’s market is when there is a surplus of homes available for sale.  Homes generally take longer to sell, and prices tend to drop or only rise slightly.

There’s no exact reason why a seller’s market (like we’ve seen in Dallas-Fort Worth for past number of years) flips to a buyer’s market but here are a few common themes:

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location, location, location

Among the trees and perched on hill sits 2201 Hidden Creek Road in Westover Hills. (photos: Trey Freeze Media)

You can change a number of features about a home. If you don’t like the brick on the exterior, simply paint the brick. If you don’t like the flooring, then head to your local flooring company. Counters, fixtures and appliances are very easy to change these days.

The only thing you can’t change about a home is location.

From the sky you can see all the privacy that comes with 2201 Hidden Creek Road

Yes this is another “location, location, location” Tarrant County Tuesday.  If it’s location that you want, then location is what you’ll get at 2201 Hidden Creek Road in Westover Hills, Texas.

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Completed in 2017, 321 Verna Trail North is inspired by Mission Revival architectural elements. (Photos: Trey Freeze Media)

Fourteen miles and only 20 minutes separate the always happening downtown Fort Worth with a 63-acre horse lover’s dream house.

That’s right.  It will take less time to drive from Fort Worth’s Sundance Square to this 7,324-square-foot, five-bedroom, six-and-one-half bathroom, single-story property than it does to boil and egg on an open flame.

Horse lover's paradise

321 Verna Trail North is a 7,324 square-foot estate with five beds, six-and-a-half baths, and beautiful views throughout home

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Many original and print works of art will be for sale at the Gentling Estate Sale from November 9 – 11

Spell "ornithilogical" multiple times if you can

Stuart and Scott Gentling were two of Texas’ most distinguished contemporary artists in ornithological renderings.

Ask any native Fort Worthian about famous local artists and it won’t take long before they mention The Brothers Gentling. Twins Stuart and Scott Gentling moved to Fort Worth, TX at the age of five, and showed a masterful understanding of art almost immediately. 

Their most famous contribution is a collection of bird paintings called, Of Birds and Texas.  This 46-pound folio was inspired by John James Audubon’s, Birds of America, which consisted of over 400 hand-colored illustrations of the birds in the United States in the early 1800s.

Both brothers have passed away — Stuart in 2006 and Scott in 2011.  Their Fort Worth home has sat vacant for a number of years and now will be listed for sale as well as an estate sale will take place at the property from Nov. 9 – 11.

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No nightmares here

5149 Byers Avenue is one of the “3-Sisters” on Byers Avenue from Ferrier Custom Homes (photos: Mark Perry)

What gives you nightmares? I’m not referring to the nightmares you had as an 11-year-old from watching The Shining at Jason Gorden’s birthday party in 1985. I’m talking about real nightmares … the ones related to your home!

For many Texan homeowners, a nightmare can be in high energy bills, the cost of replacing a roof after a ghoulish hail storm, or breathing unclean air as it circulates through the home.

With local Fort Worth builder Don Ferrrier, home-related nightmares are replaced by pleasant dreams for happy homeowners.

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As we previously reported, Fort Worth-based real estate super agent John Zimmerman has become the first and newest member of the Fort Worth office of Compass, an upstart technology and real estate company.

Tabbing Zimmerman as agent No. 1 on the Fort Worth roster hardly comes as a surprise.

“I’m having my most successful year,” explained Zimmerman in a recent interview with CandysDirt.com.  “Compass is the most sophisticated company in the real estate world. Why would I jump to a new broker if I didn’t believe that they could offer buyers and sellers a substantial amount more.”

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Cottage is almost like a detached condo

Almost like Alice’s rabbit hole – open the door of 5516 Byers Avenue and be amazed  (photos: Trey Freeze Media)

I have created a new term in the housing world: “single-family detached condominium-cottage.”  Rumor around is that it will be featured in the 2019 edition of Webster’s Dictionary (other words also included will be “Real Estate Sherpa” and “Bow Tie Realtor”).

Let’s unpack this new buzzword that’s sweeping the nation, and see how it explains the first ever single-family detached condominium-cottage located at 5516 Byers Avenue in Fort Worth.

Open the front door and immediately step into Venetian plaster galley

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Painted brick allows for the same style of home to be built close together

Painted brick homes can completely transform the look of similar homes and styles, and is becoming quite popular. (photo: Pinterest)

About 10 years ago I was in a sales training class in Florida with new home sales professional from across the country.  We were talking about overcoming objections that prospective buyers would throw at us.  I brought up the question of painted brick.

Most of the stares and questioning glances I got were from those who worked in the Midwest and western part of the United States.  “You build with brick (expensive and labor intensive) and then you paint over it?  Boy, what in the hell is a matter with you?!”

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