Luxury Sales Skyrocketed in 2014 Says Texas Association of Realtors

4326 Lorraine

Caroline Summers, the Briggs Freeman Sotheby’s agent who sold 4326 Lorraine, says that well-designed luxury homes in high-profile areas are seeing heightened demand.

Luxury home sales with prices of $1 million and up posted huge growth in 2014 according to the latest Texas Luxury Home Sales Report from the Texas Association of Realtors. In Dallas-Fort Worth, the sales volume of luxury homes was second highest in the state and grew 15 percent year-over-year. Dallas was a runner up to Houston, which had the highest volume of luxury home sales as well as the highest luxury home price growth.

The overall inventory of luxury homes in Dallas-Fort Worth shrank by 1.2 months in 2014, a trend that was seen across the market in North Texas, and luxury home sales represented only 1.2 percent of the market. Compare that to Houston, in which luxury home sales represented 2 percent of the market and were up 13 percent year-over-year.

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SamsCityplace

Neighbors near Cityplace say this big box behemoth doesn’t belong in the neighborhood.

In the fight against a big-box corporate behemoth in an area several urban planners, along with the city of Dallas’ own “Forward! Dallas” plan, say is better suited for pedestrian oriented development, the little guy won a huge battle this week.
The East Village Association, the neighborhood group that has spearheaded the fight against a Trammell Crow’s Sam’s Club-anchored development planned for the former ACS campus at Cityplace, won a significant ruling against the developer. The judge in the case sided with the East Village Association, recognizing their right to sue the developer on behalf of neighbors.
“As an immigrant who successfully traveled the long legal road to citizenship, I learned the power of perseverance and was sustained by the dream of being part of the greatest democracy on earth; ‘of, for, and by the people,’ ” said Jonas Park, leader of the “No MegaStore Uptown” group. 
Lydia 2013

A perennial top-performing agent, Lydia Player offers her wisdom on real estate marketing

As an occasional feature, we’ve asked several high-performing agents about their marketing strategies. We wanted to know what does and doesn’t work for real estate agents in a variety of situations. This time we’re focusing on getting ready for the off-season. We asked star Ebby Halliday Luxury Portfolio agent Lydia Player: “What are the best actions and biggest mistakes agents make when marketing themselves.

Look for her answer after the jump:

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Friday Four Hundred: Remodeled Ranch Goes Sleek and Modern in Northwood Hills

7715 Maplecrest Front

All of those 1960s ranches with outdated wallpaper and brass fixtures, ugly tile and walls everywhere are probably pretty jealous right about now. I mean, why wouldn’t they when this lovely, attention-getting remodeled 1962 ranch at 7715 Maplecrest looks like it does. I mean, it’s sexy little number in a fantastic neighborhood, with all the upgrades you could want in a home this size.

Truly, this home is an absolute stunner. It’s a well-designed project from Gregory Hagmann Architects that was well-executed by Restructure Corporation of Dallas. It is open, daring, and still warm. It is dang-near perfect.

Perhaps that’s why the three-bedroom, two-and-a-half-bath home with more than 2,661 square feet marketed by Clay Stapp + Co. Realtor Richard Baker actually went up in price from its original $472,500 to its now $484,500. That’s a $12,000 jump, for those who don’t want to do the math.

But what do you get for the money?

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3256-northaven-rd-dallas-tx-MLS-1

This is such an incredible deal on a professionally remodeled home in Kenilworth Estates!

Completely redone by T2 Construction, this home is perfect for a family who wants to move into a practically brand-new home! This three-bedroom, two-bath home at 3256 Northaven Road has 1,993 square feet and is marketed off MLS by Realtor Matthew Rice of The Trophy Group for $269,000.

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Lease of the Week: This Unique Farmer's Branch Townhome Has One Cool Pool

3459 Courtyard Front

There are some really one-of-a-kind rentals out there, folks. I love seeing inside homes for lease that have cool architectural details that really set them apart from your generic apartment or townhome development. Neat materials, vintage fixtures, interesting lines, indoor/outdoor pools …

WAIT … INDOOR/OUTDOOR POOLS???

Yes, that’s right! This Farmers Branch townhome at 3459 Courtyard Circle has a partially indoor outdoor pool that is such an interesting feature. First  — how many rentals out there with such a hot location as this have backyard pools? Tremendously few, folks. But the personality in this three-bedroom, three-bath, two-car garage townhome goes beyond the backyard, which includes a putting green, by the way. (I KNOW, GUYS! A PUTTING GREEN!)

3459 Courtyard Pool

Beyond the gated entry that gives way to the front courtyard, you’ll find a front door that opens to the remodeled kitchen. With an island, granite counters, stone backsplash, pot rack and built-in appliances, you’ll enjoy the level of luxury this rental offers in the heart of the home. There’s also a sizable pantry and fresh paint, but you might be a little disappointed by the dated appliances.

3459 Courtyard Kitchen

There is tons of living space in this home, including both a sunroom and a solarium. The formal living room has an interesting fireplace surrounded by mirrors. Definitely reminiscent of “American Hustle,” but kind of fun, too. With almost 2,350 square feet, there’s plenty of room to move around, so if you’ve got pets (which are OK, by the way), you’ll all be able to find a sunny spot.

3459 Courtyard Living

The mirrored fun doesn’t stop there, as the master bedroom also has a wall-to-wall mirror. But that’s OK, considering the French doors, which open to the patio, that let tons of light into this master suite. There is an attached five-piece bath, which has incorporated shell sinks in the vanity, a jacuzzi tub, and a stand-alone shower. You will of course notice the carpet in the bathroom, which is something that makes my brain itch. Moving along …

3459 Courtyard Master 3459 Courtyard Master Bath

But what you really came for is the indoor/outdoor pool. How neat is that? So when it gets ridiculously hot and bright this summer, you can just hang out in the shaded area of the pool with your frosty margarita and your closest pals, still getting your soak on without being singed by our unfathomable UV rays.

Truly, this townhome is epic fun for the next occupant. You can lease it today for $2,400 a month, which, considering this unit’s proximity to Brookhaven Country Club, is a price well worth the personality. And considering the huge storage cabinets in the garage, you’ll have plenty of places to store all your golf clubs and gear as you work on your game. Fore!

3459 Courtyard Garage

 

Lease of the Week: This Unique Farmer’s Branch Townhome Has One Cool Pool

3459 Courtyard Front

There are some really one-of-a-kind rentals out there, folks. I love seeing inside homes for lease that have cool architectural details that really set them apart from your generic apartment or townhome development. Neat materials, vintage fixtures, interesting lines, indoor/outdoor pools …

WAIT … INDOOR/OUTDOOR POOLS???

Yes, that’s right! This Farmers Branch townhome at 3459 Courtyard Circle has a partially indoor outdoor pool that is such an interesting feature. First  — how many rentals out there with such a hot location as this have backyard pools? Tremendously few, folks. But the personality in this three-bedroom, three-bath, two-car garage townhome goes beyond the backyard, which includes a putting green, by the way. (I KNOW, GUYS! A PUTTING GREEN!)

3459 Courtyard Pool

Beyond the gated entry that gives way to the front courtyard, you’ll find a front door that opens to the remodeled kitchen. With an island, granite counters, stone backsplash, pot rack and built-in appliances, you’ll enjoy the level of luxury this rental offers in the heart of the home. There’s also a sizable pantry and fresh paint, but you might be a little disappointed by the dated appliances.

3459 Courtyard Kitchen

There is tons of living space in this home, including both a sunroom and a solarium. The formal living room has an interesting fireplace surrounded by mirrors. Definitely reminiscent of “American Hustle,” but kind of fun, too. With almost 2,350 square feet, there’s plenty of room to move around, so if you’ve got pets (which are OK, by the way), you’ll all be able to find a sunny spot.

3459 Courtyard Living

The mirrored fun doesn’t stop there, as the master bedroom also has a wall-to-wall mirror. But that’s OK, considering the French doors, which open to the patio, that let tons of light into this master suite. There is an attached five-piece bath, which has incorporated shell sinks in the vanity, a jacuzzi tub, and a stand-alone shower. You will of course notice the carpet in the bathroom, which is something that makes my brain itch. Moving along …

3459 Courtyard Master 3459 Courtyard Master Bath

But what you really came for is the indoor/outdoor pool. How neat is that? So when it gets ridiculously hot and bright this summer, you can just hang out in the shaded area of the pool with your frosty margarita and your closest pals, still getting your soak on without being singed by our unfathomable UV rays.

Truly, this townhome is epic fun for the next occupant. You can lease it today for $2,400 a month, which, considering this unit’s proximity to Brookhaven Country Club, is a price well worth the personality. And considering the huge storage cabinets in the garage, you’ll have plenty of places to store all your golf clubs and gear as you work on your game. Fore!

3459 Courtyard Garage

 

$799,000 Will Buy You Mike Miles North Dallas Home on Hockaday

Mike Miles 4026 Hockaday (2)Listing agent Linda Vallala, who really specializes in that area, just confirmed the pricing of 4026 Hockaday… $799,000. The property was listed for $749,000, which is what Miles paid for it last July 27. Figuring in a 6% Realtor’s commission, should he get asking, which I see no reason why he shouldn’t as the area is HOT, he will actually only be making a couple extra thousand.