Category: Real Estate Quarterly

Alair Homes Eyes Dallas Expansion

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Construction management network Alair Homes is accelerating growth in Texas and elsewhere and company leaders expect the greater Dallas market to become home to many Alair offices.

In 2017, Alair Homes signed JRH Design + Build as a regional partner, making JRH founder James Hammel the owner and operator of Alair’s Dallas office. Hammel has 19 years of experience in construction services.


The Collective Becomes Compass Dallas

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Jonathan Rosen and Christy Berry. (Courtesy photo)

Year-old The Collective Residential is becoming Compass Dallas as a result of a merger announced in January.

The Collective, founded by Christy Berry and Jonathan Rosen, bills itself as a boutique residential real estate brokerage firm specializing in luxury properties.

New York-based Compass identifies as a real estate technology company.


Agents Predict Strong 2018 Real Estate Market

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Spring shopping begins early in Preston Hollow and Park Cities.

Whether it’s out-of-towners moving to the area, or locals looking to upgrade, Dallas real estate agents say people are ready to buy in the Park Cities and Preston Hollow neighborhoods.

“The Dallas economy just feels good to everyone,” said Susie Swanson, a senior vice president with Briggs Freeman Sotheby’s International Realty. “The confidence is good with both the sellers and buyers.”


New Life for Old Homes

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The retirement homes operated by Sage Oak are intended to evoke the feel of a single-family home. (Courtesy photo)

Under renovation for the better part of the year, the old house at 7129 Aberdeen Avenue welcomes new occupants in early 2018.

But don’t expect to see children running around the yard.


Real Estate Market Stabilizes in Park Cities, Preston Hollow

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“A house that needs a lot of repairs isn’t attracting buyers. Buyers want to move in and throw a party that night.” -Kay Weeks

Real estate activity in Park Cities and Preston Hollow neighborhoods has begun to stabilize after a welcomed pickup during the first half of the year.

What that means for sellers is a seasonal slowdown, said Dave Perry-Miller agent Julie Provenzano.

“Upticks don’t really happen around the holidays in the luxury niche,” Provenzano said.


House of the Month – 3716 Binkley Avenue, University Park

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Courtesy Stevie Chaddick of Virginia Cook Realtors.

Traditional English charm, impeccable craftsmanship, and a premier location come together in this home offered at $1,420,000. The house has more than 4,300 square feet of space and features lightly-scraped wood floors and custom millwork in a design boasting a chef’s kitchen, three living areas, an office, three bedrooms, and three and a half baths — that’s including first-floor guest quarters and a master suite with a fireplace. The equally exquisite backyard has a stone patio, pool, and spa with waterfalls. The many extras include a utility room and butler’s pantry.


Damage Costs Tenants’ Deposit

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Damaged landscaping was the focus of Preston Hollow tenant lawsuit. (Courtesy photo)

Dr. Craig Schwimmer, founder of the Snoring Center, and his wife, Shanon, expected to get back much of the $16,000 security deposit they paid before moving into a million-dollar Preston Hollow rental. They didn’t.

After fulfilling their lease term and giving a 30-day notice to vacate the property, the Schwimmers moved out and waited for the homeowner to refund their deposit, half of which covered their pets.

Instead, the homeowners claimed excessive damage to the property and returned about 30 percent to the couple. So the Schwimmers hired an attorney.