It was the shot heard round the real estate world, but if you’re not a Realtor, you may not have heard about it — a group of home sellers has filed suit against the National Association of REALTORS® and four major real estate broker franchisors.

Why? Because of buyer broker commissions and the requirement to use the Multiple Listing Service, or MLS.

The suit, filed last week in Chicago, claims that the NAR and top brokerages Realogy, HomeServices of America, RE/MAX, and Keller Williams Realty violated federal antitrust laws by requiring home sellers to pay a broker to represent the buyer of their homes and to pay for this service to the tune of at least a three percent commission. (more…)

MetroTexThe MetroTex Association of Realtors is now accepting applications for board of director candidates, Texas unemployment numbers inched up slightly, and community opinion is being sought for the Harold Simmons Park — and you can read about all this and more in this week’s roundup of real estate news. (more…)

Little White House

Fear not — Ebby’s Little White House is going nowhere (photo courtesy Ebby Halliday Companies).

Among some history buffs, a slight tremor of worry cropped up a couple of weeks ago when zoning change signs appeared at the corner of Preston and Northwest Highway — where the “little white house”, long the symbol of the work of the late Ebby Halliday, has sat for 93 years.

In a town where sometimes history sees the business end of a backhoe before it can be preserved, many preservation-minded folks rightfully worry when those city signs crop up.

In this case, however, those fears are unfounded, officials with Ebby Halliday Companies and the Ebby Halliday Foundation said. (more…)

Arlington

(Photo by Park Van Ness)

A study of apartment rent growth over a five year period yielded what may be startling results to some — Arlington was in the top five cities in the nation when it came to rental increases in a five year period.

The report, which was released by ApartmentList.com, found that rents in Arlington are up 28.4 percent over the past five years, the fourth fastest growth rate over that period among the nation’s large cities.

The national index grew by just 13 percent in the same time span.

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The Urban Land Institute of North Texas has announced that its prestigious 2019 Vision Award will go to Craig Hall, chairman and founder of Dallas-based HALL Group, during the fifth annual Impact Awards Gala on October 10.

The announcement of this year’s Vision Award honoree was made by ULI North Texas Chair John Brownlee of HFF at the organization’s annual Capital Markets program on Thursday, March 7.

Without a doubt,” Brownlee noted, Craig Hall exemplifies the highest qualities of leadership and entrepreneurship. His success in building an innovative, multi-faceted real estate company has contributed a great deal to the growth of North Texas. We couldn’t be more excited to honor Craig and his monumental career at our 2019 Impact Awards. (more…)

Georgia

Almost, y’all. Almost.

Listen, like nine people are running for mayor in Dallas, but for $2.4 million you could be a mayor or something — as long as you don’t mind moving to Georgia.

In fact, you could own the whole town. No, wait, most of it. The seller says you can own most of a town.

Welcome to Toomsboro, Georgia, population 700. I’ll be honest — I’ve spoken to a lot of humans today, already, and at first I thought a whole town with nobody but me and maybe some people I like but understand the value of pajama pants and silence sounded great. (more…)

Wolf CreekJust seven minutes or so from what is becoming a hot area thanks to revitalization efforts, our Tuesday Two Hundred this week takes us back to Wolf Creek.

We’ve talked about Wolf Creek before — it’s a great neighborhood full of ranch-style and 80s era soft contemporary homes that are well-maintained, affordable, and are being renovated and updated beautifully.

Wolf Creek is a great place to get the square footage you want, but at a price point that you can’t find often in other pockets of Dallas. Many homes, such as this week’s home, are priced in an increasingly dear $200,000 to $250,000 range. Most if not all in this range are updated and renovated, and some even have additional amenities like pools or workshop space.

There are only 16 houses currently in inventory, and several of them already have pending or contingent offers.

And just taking a gander at the area’s NextDoor page, it’s interesting to see how those who call Wolf Creek home describe the best things about their neighborhood — with words like, “peaceful,” “dog-friendly,” “family-friendly,” and “clean.”

And in the case of 1007 Golden Trophy Drive, you can also add, “incredibly close to future amenities,” because it’s roughly seven minutes or so away from Red Bird Mall, which is now the focus of a revitalization project dubbed Red Bird Reimagined, where a decaying mall and adjacent properties are being transformed and well, reimagined.

(Red Bird photos courtesy Omniplan)

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NeaveOn the heels of the revelation that Dallas County is suing State Rep. Victoria Neave for more than $26,000 in late property taxes on her Abrams Road home, Richardson ISD has filed documentation that would bring Neave’s total delinquent tax tab to more than $50,000.

The district filed an intervening motion March 1 that added its $23,948.58 to Neave’s previously reported $26,760.73 the county already named in the suit filed on Feb. 28.

The potential for the intervention was mentioned in the original suit, which said, in part, that Richardson would likely also join as a party to the suit, “because it may have a claim for delinquent taxes against all or part of the same property.”

Neave represents District 107, which includes parts of East Dallas and Mesquite. (more…)