Category Archives: emerging real estate markets
Hey guys, listen up. I’ve finally got my own TV Show! It’s called Party Line Real Estate, it’s loaded with real-time Real Estate news, and you are going to LOVE IT!
I LOVE IT when Real Estate agents get together and TALK! After all, that’s how they network! And we know there is no better way to network than at a party with the top agents in town, great food, a little string quartet music, and a Candy Bar! Well, we got a whole camera crew and invited Realtors to have some fun and give me the inside scoop on this crazy market. It was such a success, we are going to have a party and a Candy Bar every month! And you are invited to come and share! Continue reading
Will Legal Pot Make Colorado Ski Homes a Smoking Commodity? Realtors Doubt Toking Will Lead to a New Joint
We’ve seen photos and stories from Colorado ski towns such as Aspen and Breckenridge showing vacationers filing lines out the door at marijuana shops, so of course, we had to wonder what kind of impact legal pot could have on Colorado real estate. Are more buyers putting it in their pipes and smoking it?
Turns out the Colorado Association of Realtors was wondering the exact same thing. After all, with 136 pot retailers in the state as of Dec. 2013, buyers were throwing green after green, eventually causing a state-wide shortage of smokables. But is recreational marijuana a boon for Colorado real estate, or a burden? Continue reading
Phillip Day may just have the most enviable job in the world right now. While most of North America is freezing – buckets of snow in the northeast, 23 degrees tonight in Dallas brrrrr – Phillip is in charge of the sales and marketing for the best second home property in the Carribean, BahaMar, in Nassau, The Bahamas.
Plenty of Texans go for vacation homes near Lake Tahoe.
“But be prepared that our houses aren’t as big as they’re used to,” real estate agent Theresa Souers adds with a chuckle. “I always tell them that upfront.”
Size doesn’t matter so much, however, when you’re breathing mountain air and pondering a looming, pristine lake that straddles California and Nevada. Continue reading
I ran into a friend over the holidays right about the time I was mailing off my water bill, frantically. Seems I had switched from paper to electronic billing, but then the emails never arrived, I got busy, and yes, I faced the holidays with a termination letter from Dallas Water. One of our refrigerators broke down and defrosted because power surges during the ice storm blew the computer panel. Just got the dryer repaired, then the pool heater broke. Our friend has a couple homes he has to maintain, and commiserated: how do you manage to keep up all your homes, I asked?
“It’s almost a full-time job,” he said. “You have these systems — heat, A/C, the pool — and at any given time one or another can go out. That’s why you have multiples.” Continue reading
You have heard me bragging on 3RD Home on these pages before.
3RD Home (see ad to right) is a web site for second home owners that expands second home ownership by creating a home swap of vetted vacation home owners and properties. It’s like belonging to your very own Exclusive Resorts, only more exclusive. You must already be a second home owner — condo, home, ranch — and then you can exchange your home to stay at a THIRD home for — are you ready? $495 a week. That is not a typo. It costs you $495 to join 3RD HOME, and then $495 per week per stay at a home that matches the value, categorized as keys. I might add this must be full home ownership on your part, no family timeshares like our beach house. All the homes and owners are scrutinized so you know you are not just getting a five star location, you are putting nice people just like yourself in your property.
SecondShelters.com welcomes its newest expert contributor, Dallas Addison, who really IS from Dallas, Texas!
My name is Dallas Addison, and my passion is real estate. I’m trained as a lawyer and have helped many clients throughout the country buy, sell, develop and manage all types of real estate over the years, with a particular focus on recreational and hospitality-based real estate, such as golf courses, resorts, ranches, second homes, etc. I’m also a founding principal of Preservation Land Company, which has created several incredible (if I may say so) conservation-based recreational ranches near Dallas and worked on projects in Montana, Hawaii and New Mexico. On the educational side, I’m a long-time member of the Recreation Development Council of the Urban Land Institute, a global organization of leaders in the real estate industry whose mission is to provide leadership in the responsible use of land and in creating and sustaining thriving communities worldwide. Continue reading
Long Cove on Cedar Creek Lake: Clearly the Most Remarkable Vacation Home Spot in North Texas for Old Fashioned FUN
Don McNarama does real estate developments, and he does them right. He is the investor responsible for Dallas’ well-known CityPlace, which includes the West Village urban developments. West Village has become a virtual synonym for successful urban commercial real estate development. If I had a dime for every time a developer said to me, “we are building a West Village-type community…” I’d be, well, McNamara’s neighbor.
We probably know it deep in our gut, but luxury vacation homes built on the water cost 63% more, on average, than similar properties that are land-locked. This from a global property consultant, Knight Frank, who scrutinized the ten most popular second home destinations around the world.
3RD HOME Expands Affiliate Portfolio with Addition of Three Premiere Residence Clubs, Including Costa Baja
This is great news — I am a big fan of 3rd Home, and an even bigger fan now to hear who all is joining the vacation home party: Tucker’s Point Club in Bermuda, The Deer Valley Club and– Costa Baja in La Paz, Mexico, one of my favorite Cabo area getaways. In fact, I am hoping to get away to Costa Baja later this year for an update. Here is my full report on the opening. 3RD Home is a pioneering travel club for people who own luxury second home properties… and the best way to turn your second home into a THIRD!