Dallas Real Estate Blog

         I'm the type of Dallas Real Estate Agent and Dallas REALTOR® that tries my best to do it all.  I give you amazing Real Estate Services when buying and selling your home, keep you updated on all your Market Real Estate News, and I blog!  Yes, I said blog!  I spend countless hours searching the internet, news, and social media outlets to find some of the best information for you.  I also like to talk about what is going on in the Local Dallas Real Estate Market.  When dealing with home buyers and home sellers there is always a lot of first hand experience to talk about.  Every day is something new. 

        As a Top Dallas REALTOR® it's my job to keep everyone informed on everything that is going on in Dallas Real Estate!  Read some of my real estate blogs and contact me about any of your real estate needs.  Also, email me about any topics you would like for me to blog about.  I hope you find some good information that helps you on your real estate journey.  At Coldwell Banker Residential Brokerage Residential we can do it all!

How Will Hurricane Harvey Affect The Real Estate Market And Home Values In Texas?

        Hurricane Harvey has devistated over 100,000 homes around Houston and other parts of Texas.  FEMA made this report this morning and said the number is climbing.  It is going to take months to recover from all the flooding and destruction that has taken place.  Homes are under water right now.  Many families are evacuated.  It will be days before they can return to see what is left of their home.  A lot of people will be okay, but many are going to have to make some serious decisions on what to do with their home.  Insurance companies are going to be working like crazy to assess the damage.  Some people will want to start new.  Others will be ready to "hightail" it out of there and move some place that is safe from hurricanes and flooding.  

        This truly is a tragedy.  My heart and many other hearts are with the people of Houston.  I have already heard of friends with family in Houston that are ready to move to Dallas.  They can relocate here and tranfer for work.  Not everyone can do so, but there are many companies and positions that Houston shares with Dallas.  The housing market down there is going to decline some.  The actual amount is unknown, but a majority of the neighborhoods look like disaster zones.  Homes will be damaged beyond repair.   It will takes years to get the city looking beautiful and vibrant like it once was.  The home values are going to go down.  This could be good for other areas like Dallas, Austin, and even San Antonio.  Many people are going to want to stay, but many will want to move.  That means that supply and demand is going to raise in cities like Dallas.  This will make values go up.  

        No one ever wants to hear about anything like the events of Hurricane Harvey happening to people that we love.  Everyone is trying to play their part to help as much as they can.  Real Estate Agents in Dallas are trying to get ready to find homes for those in need.  Some like myself are willing to give up part of our comissions and donating them to The American Red Cross.  I even heard one Real Estate Agents at my office say that he would contribute some of his comissions back to the home buyers so they can use that money as a down payment or for closing costs.  This is truly amazing.  Every little bit helps.  The Real Estate Agents of Dallas and I are here to help in anyway we can.  Call me for all your buying and selling needs. 

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Relocate To Dallas With A Top Dallas REALTOR And Find The Best Home For Your Family
By Alex
August 28, 2017

        The Toyota Headquarters in Plano is going to be a game changer for the DFW Metroplex.  Jobs are starting to pour in at lighting speed.  The DFW Metroplex was already voted the second fastest growing metro by Forbes in 2016, but now it is growing even faster.  Not only because of companies like Toyota, Pei Wei, and Boeing are moving employees to their headquarters, but because other people are looking to start anew in a thriving economy.  That means Real Estate Agents like me are getting even busier relocating families here.  This huge increase of people moving here means that the housing market is going to "boom" even more then it already is.

        Dallas TX Real Estate has been hot for many years now.  It is only going to go up and drving housing prices even higher.  New construction is at an all time high right now.  There simply is not enough homes to go around so we have to build new ones.  Even older homes are being renovated to fit todays unique home buyers taste and style.  We have to keep up with the market and be able to accomodate everyone that is relocating here.  80% of my business is relocation.  I have to be on top of my game to be able to find a home to someone that has never been to Dallas before.  They rely on me to be their DFW Real Estate Expert.  I take that very seriously.  It isn't just a paycheck to me.  I have a lot lying on my shoulders.  That is why it takes a Top Dallas Realtor to be your relocation specialist.  If you randomly pick somone who is not experienced in relocation then it will make the home buying process so much harder then it needs to be.  

        Relocation is not for the faint of heart.  You are making one of the biggest decisions of your life.  Dallas is booming.  We have so many new jobs moving to the DFW Metro.  Thanks Toyota!  We are home to many other headquarters and we welcome each of them.  When deciding to make Dallas your home you should do your research.  I am an award winning Dallas Realtor.  I have relocated numerous people to DFW and I love it.  As soon as I get a phone call from them, I start to get to work.  I fully understand that utlizing todays technology is key when communicating long distance.  I try to make everything as easy as possible.  Call me for all your buying and selling needs.

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Best Dallas TX Real Estate Agents and How To Price A Home Properly To Sell Fast!
By Alex
August 22, 2017

        Pricing a home to sell is one of the most exciting parts of getting a new listing.  Price is one of the most important parts of selling a home as well.  It doesn't matter if you are selling a "shack" that is going to be used for lot value or a million dollar listing in Highland Park.  If priced right then it will sell fast.  It's the market we are living in.  Coldwell Banker has done long analysis that show if a home doesn't have mutiple offers within 14 days of hitting the market then it is over priced.  I know this to be true, because homes that are priced right will have a bidding war within days of being listed. 

        Some of the best real estate agents in Dallas are coined with that term because of their ability to price and sell a home fast.  No one wants to be that REALTOR that has a home sit on the market for months with no activity.  It is a fine art of trying to price a home based on comps in the local area and also trying to price based on what your client wants.  Most home owners think that their home can sell for a lot more then it is worth and the truth of the fact is that buyers are more savy then before.  In the event that you are representing a new development and trying to set a new record for an area...then your job just got that much harder.  It can be done, but you have to think outside the box when marketing it and you have to listen to the market very well.  Homes that are priced too high will scare off people from the get go.  It won't even show up in their search when they go to look online.  Some agents will over price a home just to get the listing.  They will agree with whatever the seller says just to get the listing.  This is a disservice to all parties involed.  It will even hurt other Dallas Real Estate Agents trying to list a home near by.  They will have to listen to a home owner say, "well the home down the street is listed for..."  So it is a lose lose situation.  You have to set realistic expectations for a buyer and price it based on actual data.  Numbers don't lie.  

        There are many real estate agents in Dallas that are some of the best the city has to offer.  They get listing after listing.  However, it does not mean that they sell all of them.  And it doesn't mean that they are good at pricing homes.  I see some of the top real estate agents in Dallas with amazing listings.  Then I go to look at the price and they are selling way low then what the area is selling for.  This keeps the home owner from making the max profit when selling and makes the comps in the area low.  So then all the homes start to sell for less.  I love pricing a home.  I work non stop to try and provide data to justify a price.  I actually just met with a developer on a big project today and spent 5 days pulling data for them.  I hope I get the listings, and I hope we set new comps for the area.  The area is still up and coming so the prices are still up and coming.  I did my homework tho and feel confident that it will be priced well.  After all that is what makes me one of the best Real Estate Agents in Dallas.  Call me for all your buying and selling needs.

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Dallas Real Estate Experts Say That Home Values Have Not Yet Peaked This Year!
By Alex
August 17, 2017

        Dallas Real Estate Experts and Top Dallas REALTORS have been working hard this summer.  They have some of the best first hand experience and knowledge of what is going on in the Dallas Real Estate Market.  Everyday they are pouring over the MLS searching for homes.  Also, they are out on the streets seeing homes in person.  Zillow.com and Realtor.com pull stats from tax records to create market reports, but are not working everyday in this beautiful city of ours.  So listening to an expert will give you the most current and up to date news rather then a large coorperation that has no idea what is happening in real time.  This is very important to be as accurate as possible when pricing homes.  

        I love being one of the Top Dallas Realtors at my brokerage.  That means that I have to stay up to date on what is going on with sold homes and comps.  The other day some of the top real estate experts at Coldwell Banker were going over numbers for home values throughout some of the top neighborhoods in Dallas.  Normally by now the market starts to slow a little as the summer comes to an end, but in facts the market is not slowing down.  The price per sqaure foot for homes are statrting to reach on average $302.00.  At the lower end for the average home without a lot of upgrades the price per square foot is closer to $277.00.  The most interesting part about this all is that the max price per square foot for sold comps in multiple parts of Dallas is hitting $316.00 a square foot!  This is amazing!  Home values are exploding.  History will tell us that soon they will start to level out.  In the mean time home owners need to list their homes before the market takes a dip and it becomes a buyers market.  In Dallas inventory is low so values are higher.  When the market shifts then it will be a whole other ball park.  

        I love working with some of the top experts in real estate.  I do my best to maintain excellent relationships with them so we can become more savy about what is going in the market.  It is my job to keep you updated.  Call me for all your buying and selling needs.

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Lakewood Has Some Of The Hottest Million Dollar Listings In Dallas TX
By Alex
August 12, 2017

        Persistence in a virtue...or is it patience is a virtue?!  Regardless, selling a million dollar listing always requires both.  Anytime you cross that million dollar threshold it becomes a little more challenging for the Realtor at task to sell a home in that price point.  I mean...have you seen the most recent episode of Million Dollar Listing New York?  They have to jump through hoops sometimes to sell a luxury property.  It isn't all that different when selling a luxury home in Dallas.  The average home price in Dallas is a whoping $211,000.00.  However, our booming city has some of the best million dollar listings in Texas.  And yes they are Texas sized!  Can we say Million Dollar Listing Dallas?!  I think a new franchise is on it's way :)

        John Thompson is one of the Top Dallas Real Estate Agents selling luxury real estate all over Dallas.  His most recent listing is the breathtaking 6543 Ellsworth Avenue in Lakewood.  Lakewood is one of the most beloved neighborhoods in Dallas.  The schools have some of the best ratings, home values are high,  there is plenty of shopping, and homeowners are very involved in the community.  It is a fully renovated tudor style home with all the top notch finishes.  This 4,601 square foot home boasts 4 spacious bedrooms, 4.1 bathrooms, new hardwood floors, 3 car garage, and a huge yard.  It is priced at $1,189,000.  As soon as you walk through the door you are greeted with high ceilings and a staricase fit for a queen.  Actually, this listing looks like a mini tudor castle from the outside.  There is plenty or room for entertaining and to grow a family.  It is conveniently located by White Rock Lake for all your outdoor needs and close to the all the action that Dallas has to offer.  6543 Ellsworth Avenue will knock your socks off.  Is that an offer I smell...maybe. 

        Becoming one of the best real estate agents in Dallas takes time.  It takes many qualities to catch the eye of some of Dallas most elite homeowners in the highly sought after Lakewood neighborhood .  John is no stranger to million dollar listings.  He has been working his tail off to market this home.  A picture is worth a thousand words or in this case 1,189,000 words.  Lets help my buddy sell this home!  Call me for all your buying and selling needs.

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