Wall Street Journal

What Does This S&P Downgrade and Stuff Mean for the Dallas Real Estate Market? Another Nail in the RE Recovery Coffin?

By Candy Evans / August 15, 2011 /

 Another nail in the coffin of the struggling real estate recovery? That’s Jonathan Miller and me in San Francisco at Real Estate Connect. I am glad we are friends because Jonathan is about the most quoted real estate consultant and expert these days, and one of the most knowledgeable appraisers I know. (I’ve given up on…

Deion Sanders Takes $21 Million, 29,000 Square Foot Mansion OFF Market

By Candy Evans / August 7, 2011 /

Guess he’s not feeling real bullish about the market these days. Deion Sanders has snapped his whopping 29,000-square-foot home way north of Dallas off the market. You know the one — drive due north on Preston Road to Prosper, and there it sits on 109 acres. He even has his own football field.  Sanders has had the…

Dallas Real Estate News: Perceived Thrift Is The Newest Trend in Real Estate

By Candy Evans / July 3, 2011 /

Remember when, right after Lehman Brothers tanked and the market crashed in fall of 2008, how plain brown shopping bags were the rage? Conspicuous consumption was out, and the wealthy did not want anyone to know that they were blowing $90,000 a month on revolving credit at luxury stores when so many people were out of work. (My friends who work at…

Dallas Real Estate News: Fiscus Property Went Under Contract One Day After Listing

By Candy Evans / May 9, 2011 /

I’ll be honest: I was reading the doom& gloom real estate report in the Wall Street Journal last night, and gearing up to post something for you because, honestly, I always want to tell you the truth about the market. I know financing is 100% of our problem with the double dip — oh and…

Val Kilmer’s Pecos River Ranch is Under Contract… or Is It?

By Candy Evans / April 16, 2011 /

We’ve talked about Val Kilmer’s Pecos River Ranch, the unbelievable beauty of the property about 22 miles east of Santa Fe, most recently listed for $18.5 million but originally on the market in 2009 for $33 million. Talk about lowering the price! The ranch is so very special because it has roughly six miles of…