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Bring The Real Estate Bulls to Texas — And Do Not Raise Property Taxes!
Because they have a pay wall or whatever you call it, I cannot link you to this cool piece in today’s WSJ urging real estate investors to be bullish on investing in Texas real estate — both existing...
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Not Such Happy Campers: NYC Protests in Banking District
Little protest action Tuesday in the New York City banking district on Park Avenue where the housing crisis started and stirred. These folks want to see Glass-Steagall repealed. (Update: Not repealed,...
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Dallas Real Estate News: Citibank is Back Trolling for Bidness
I got a special delivery yesterday from Citibank and almost had a heart attack: the mortgage was paid, what could this be? Did the check bounce? Why would it bounce? Had someone stolen our identity?...
View ArticleHank Paulson On the Greatest Fiscal Crisis Since the Great Depression
As I mentioned earlier, ABC’s Jake Tapper is a Dartmouth alum who interviewed former Treasury Secretary Hank Paulson for the March/April issue of The Dartmouth Alumni Magazine. This morning, Tapper was...
View ArticleIt’s OK, Just Walk (or Run) Away From Your Mortgage
Last week I told you that First American CoreLogic reported one out of every four U.S. mortgages is underwater — numbers not quite that high in Texas because our values never insanely spiked. I am...
View ArticleHank Paulson: the Economic Models Were Worthless
I’m reading an interview with Hank Paulson in the March/April Dartmouth Alumni Magazine by ABC’s Jake Tapper ’91 you just have to read. ( I’m trying to get a link.) But you have to read this quote...
View ArticleCalling DallasDirt Readers: Is the Dallas Real Estate Market Getting Better,...
Maybe it’s the Z-Pack in me, but I have been feeling a BIT more bullish lately on the Dallas Real Estate market. Here’s what I’m hearing: Dallas homeowners are chopping prices like a Blue Light Special...
View ArticleDallas Condo News: CTMGT Buys Stoneleigh Heritage, Plans To Finish Out
Cheer up, Uptowners. That shell of a condo unit on Wolf Street near Maple won’t be a shell for long. Steve Brown says CTMGT beat out Hayman Woods – that would be as in Jonas Woods’, recall, formerly of...
View ArticleDallas Real Estate News: Guess Who Snapped Up the Stoneleigh (Condos)?
This just in: Just received word that CTMGT, LLC has bought the Heritage at the Stoneleigh out of bankruptcy. Reported sales price: $4.55 million. (Question: I had heard at the ULI that Jonas Woods...
View ArticleDredging Up The Past: Dallas Real Estate Will Hit Bottom By Q Three, 2009?
I was just noodling on the internet and came across this story — from about a year ago, telling us that local real estate prices should bottom out by third quarter 2009 and then be fine. Well, I don’t...
View ArticleDallas Commercial Real Estate Outlook: That New Store Had Better Be A...
On Frontburner, Wick brings us nuggets from the venerable Herb Weitzman. It’s no longer build it and they will come. In this market, don’t build it unless you are dang sure they will come.
View ArticleKickbacks On Short Sales in Dallas Real Estate?
This story on how second lien holders are demanding cash kickbacks from Realtors on short sales hit MS/NBC Friday about the time we were wrapping up Inman’s Real Estate Connect in NYC. Too bad — I...
View ArticleOn The Road To Real Estate Connect
I meet this darling young gal who has just moved to Southlake from suburban New Jersey, ostensibly to be near her family — her husband works on Wall Street. (Tells me she loves Southlake, misses some...
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Channel 8′s Steve Stoler Lifts Story From DallasDirt!
Remember this story? Which ran first here? Well, last night I turned on WFAA-TV’s ten o clock news report and saw that Steve Stoler had all but lifted this story for a dynamo, shocker report on how...
View ArticleFairfield Residential Files
Steve Brown, of course, has it all. Of all the real estate sectors, apartment leasing is probably the healthiest. The Urban Land Institute predicts high growth in this area, which means that this...
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