Category Archives: Real estate market 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.
I saw these coolio floors in a restaurant down in Nassau, The Bahamas, where we visited second homes this past weekend. This is the floor at a beach club restaurant called, appropriately, “Footprints”. Yes, the entire floor is made of sand. No, they don’t vacuum it but rather sweep and rake it nightly. The restaurant is adjacent to the pool area and encourages casual dining, but turns elegant at night. How cool would floors like this be for some rooms in a beach house? I mean, that sand is going to come in regardless!
That’s why, I guess the folks promoting this nice little ranch in Van Alystyne, Texas put this guitar crooner on the website for the ranch. Like, front and center. Five bedrooms, four and a half baths, this place is billed as 30 acres of a horse rancher’s paradise with an executive home, pool, hot tub, riding arena, stables, bunk house, and will only set you back $899,995.
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
Tourism is up in Hawaii, which is a very good sign for Hawaiian real estate. The number one reason buyers purchase a vacation home in any location is because they love it. It goes like this: visit the location, love it, feel like you never want to leave. This is the point where buyers start perusing the real estate and actually, finally, pulling out the checkbook.
If You Have Ever Dreamed of Fractional Home Ownership –Even for a Second — Tonight is Your Night, Baby
Surely you’ve dreamed of second home ownership but like me, you are a perpetual tire kicker OR you worry that you won’t use the home enough, the maintenance will drive you batty. Second home owners sometimes corner me at parties and say, hey you with your damn fetish for multiple home ownership, it’s helluva lot of work. We just spent our entire weekend painting our second home — thanks a lot.
I don’t know how many divorcing couples own vacation homes. But I have a feeling it’s not a small number. After all, the latest numbers from the National Association of Realtors show that buyers purchased 502,000 vacation homes last year, an increase of 7 percent from the year before.
Late last summer, 2011, we were in Sonoma County, California where I toured a most amazing property called Mayacama. I credit finding this property to my trusted veterinarian, Dr. Barret Jiranek here at Lover’s Lane Animal Medical Center (Dallas). Or maybe I should give my precious Doodle Bree the credit. She had an ear ache, and I took her to see Dr. J before leaving town, like any good mother. He told me his sister lives in Sonoma — “in God’s country,” he said, and told me I needed to cover the development on this blog: 675 secluded acres amid rolling hills and northern California vineyards; wine and golf. Home ownership opportunities. I was intrigued.