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There Goes the Neighborhood – Luxury Foreclosure Finds

I was interviewed last week by people newspapers on foreclosures in the Park Cites and Preston Hollow.  We met at a million dollar foreclosure listing in Preston Hollow – a builder gone bust! Foreclosures are on the rise for high end properties. Since much of the market activity has been distressed properties across the nation […]

Does Staging a Home Increase the List Price?

More and more sellers in this market are staging their homes, mostly in the upper tier price range. I’ve come across several properties in the past two months that have dramatically increased in price! Both have been on the market for a couple of years and have done the downward price decline spiral and still […]

Park Cities Market Update

It’s good to know where the real estate market is headed instead of looking in the rear view mirror. So here’s some Park Cities trends from last week by median price, inventory and average days on market. WOW! Inventory is shooting way up, just in time for the spring housing marathon. 38% increase in University […]