Category Archives: Dallas real estate news
Some good news is coming out of East Texas: Long Cove is getting it on. This coincides nicely with some positive news about the second home market: it is no longer dead! Second home sales are up by more than ten percent, while 11% of all real estate purchased nationwide goes for a second homes.
In California, they have even sold out of the most famous outdoor showers in the world! The award-winning Calistoga Ranch in the Napa Valley has sold out of its private residence club offering.
T. Boone Picken’s Most Romantic Home in Dallas Would Make a Great Empty Nest Texas Retreat. But No Windmills…
T. Boone Pickens may be a legendary Texas oil and gas executive, and a huge force behind wind energy, but there are no windmills on his Preston Hollow estate in Dallas, Texas. There are gardens, sculpted and manicured French gardens that will make you think you are in Versailles so much that “mais oui” will roll right off your tongue! He is now selling his Dallas estate in the heart of Preston Hollow for $7 million. And it is not listed in MLS. The home was built in 1996, but then when T. Boone and his wife, Madeleine bought it in July, 2005 for about five million, it was redone to the max. And I do mean the max. From a four bedroom home with a master on the first floor, it was taken to a three bedroom home with an expanded second floor master. In fact, the new master bathroom is so large it features a writing desk — what a splendid idea! The new master closet is larger than most starter homes. Continue reading
Looking to find a little estate in the Loire Valley but your spouse wears a “France Sucks” tee? You can have 25 acres that resemble the French countryside and a 48,000 square foot estate so perfect you may never wish to leave. The 25 acre estate of Thomas O. and Cinda Hicks on Walnut Hill Lane and Hollow Way Road in Preston Hollow just hit the non-MLS market for a whopping $135 million. For more photos and all the scoop, check out the site of Douglas Newby, who is the agent. Continue reading
Check out that rack! Seriously, though, this house in Collin County’s rural paradise, Celina, Texas, has everything anyone would want in a second home. It’s rural without being remote, and it’s a perfect retreat for a horse lover.
Well I had an interesting day yesterday. Started at the North Dallas MLS Meeting, ended up in court. Seems Dr. Richard Malouf and his wife want a temporary restraining order against me, Byron Harris, WFAA-TV, and Laura Wilson, mother of Owen Wilson, who lives next door to Richard and Leanne. That’s right, they are suing their next-door neighbor. This is all public record, so happy reading — oh the part about climbing on Mrs. Wilson’s roof and the camera in the closet, and, well, ALL of it, to quote a dear friend of mine: You just can’t make this *%#$@! up!
Well, actually, I guess you CAN!
By Katherine Nannizzi of Houzz.com
Even as new and existing home sales and prices climb, homeowners are prioritizing aesthetics before profit, according to the annual Houzz & Home Survey conducted among users of the Houzz app and website. The annual survey surfaces building and remodeling trends in the U.S. and Canada. Continue reading
Happy Fourth of July, 2012. We live the American Dream of real estate here in Texas more than anywhere. Maybe it’s because we learned our lesson back in the 1980′s — R.I.P. Danny Faulkner. Not only did we learn, we RETAINED. When I was in Denver at the National Association of Real Estate Editors Conference last month, Mark Fleming, the dashing economist for CoreLogic, told me over drinks that what saved our butts this time around was our state set limits on HELOCs, or home improvement loans. In Texas, we are limited on what we can borrow against our homesteads. That is what kept many of us from over-borrowing, so when the market fell we were not left with underwater loans*. I walked into our bank yesterday, Comerica, which I LOVE — who else sends you a thank-you note when you pay off a loan? But more than three people asked if they could offer me a home-improvement loan in the course of one hour. You know me, I’d buy a second home in a heartbeat! Our laws in Texas saved us, said Mark, in spite of ourselves. Continue reading
Ryan Jones over at the Times-Picayune reports that New Orleans Saints coach Sean Payton has apparently, cryptically filed for divorce from his wife, Beth. Tricky, but smart move here: a Tarrant County divorce petition was filed on June 14, the filings using initials so as to avoid making the Paytons’ identities public. Ryan says:
Champ d’Or Sure Gets Around: National Exposure for the North Dallas Manse that Took Ten Years to Sell
Thought you might enjoy seeing the national/international post I wrote for Concierge Auctions, on our illustrious Champ d’Or, they being the folks who spurred the sale of our most famous or infamous mansion to date.