Just Listed: Highland Park French Traditional with Contemporary Flair


This week s Fresh Listing Friday takes us to the designer-owned French traditional home with contemporary flair at 3318 Dartmouth Ave. in Highland Park. Served by the Highland Park Independent School District, this elegantly appointed four-bedroom, 3 ½ bath residence offers exceptional attention to detail and an ideal location.

Arched glass and handcrafted iron doors open to a grand marble entry with a sweeping staircase. Nearby, the formal living room offers a custom stone fireplace, while the dining room with plentiful natural light has a butler’s pantry. The study features handsome walnut paneling and extensive built-ins.

The inviting great room offers beautiful views. The gourmet island kitchen features onyx countertops, stainless-steel appliances and a breakfast area with custom tile.

The well-appointed master suite has a marble fireplace and a large, luxurious bath. Each of this prime property s secondary bedrooms is charming and offers plenty of closet space.

To see full details and more photos of this exceptional new Highland Park listing, visit 3318Dartmouth.ebby.com.

To see all the other homes that came on the market this week (even if they aren t listed by Ebby Halliday), click here. To start a home search of your own, visit ebby.com.

Be sure to check back next week to see where the next edition of Fresh Listing Friday takes us. Enjoy your weekend!

Dallas-Fort Worth Area Home Prices Continue to Climb


Home prices in the Dallas metropolitan area rose 7 percent year-over-year in January, according to the just-released Standard & Poor’s/Case-Schiller Home Price Indices.

Home prices are still trending upward,” says Ted Wilson, principal of Dallas-based Residential Strategies, of the data. “I’m sure it will go on for the next year or so, as long as the rates stay low.”

Low interest rates — about 3.2 percent on a 30-year mortgage — gives home buyers 30 percent more buying power, which creates room in the market for home prices to rise, Wilson says. Expect home prices to continue to rise as long as interest rates remain low, Wilson says.

The trend is being seen throughout the nation, with an increase in home prices year-over-year of 7.3 percent in a 10-city composite and 8.1 percent in a 20-city composite, according to the Standard & Poor’s/Case-Schiller Home Price Indices report.

Rising home prices are also reflected in sales data at the Ebby Halliday Companies, where average home prices in March 2013 have increased 15 percent over March 2012.

Considering that housing inventory is at its lowest level in years, interest rates are at historic lows and home values are rising, the time to sell a home in North Texas couldn t be better.

To learn more about the rapidly strengthening North Texas housing market or for questions involving the current value of your home, contact an Ebby Associate today. To get started, visit the Web site voted one of the industry s best by the Web Marketing Association, ebby.com.

Ebby s Top Individual Producer for 2012: Dee Evans


The top six Associates for Ebby Halliday, REALTORS® in 2012 sold a combined 603 homes for a sales volume of more than $308 million.

These individuals, Cindy O Gorman, Paulette Greene, Martha Morguloff, Danna Morguloff-Hayden, Dee Evans and Pam Boronski, were recently featured along with our other companywide top Associates in a full-page ad in The Dallas Morning News.

In a series of posts we re profiling these real estate superstars. Up today: Dee Evans of the Rockwall/Heath/Lake Ray Hubbard Office of Ebby Halliday Realtors. Ms. Evans, Ebby s Top Individual Producer for 2012, handled 95 residential real estate transactions valued at more than $30 million this past year.

Remarkably, Ms. Evans has been Ebby Halliday s Top Individual Producer since 2009 and has been the Rockwall Office s Top Producer since 2005.

Ms. Evans lists and sells primarily in Rockwall, Hunt, Dallas and surrounding counties and specializes in golfing and lake communities.

My main market is Rockwall/Heath, extending to all points eastward, including ranches and lake homes all the way to Mount Pleasant and Sulphur Springs, Dee says. Really, I sell all over, from Sherman to Argyle to Highland Park. I end up everywhere by referral. Wherever my clients go, I go.

Dee credits her success to effective communication and always striving to deliver the highest standard of customer care.

I treat everybody the same, regardless of the price point, Dee says. I treat every one of my clients as if they are a family member. It s not about the property transaction, it s about honoring the people who refer me to a family member or loved one.

Click here to learn more about buying and selling a home with Dee Evans.

To contact Dee Evans, call 972-567-0046 or e-mail deeevans@ebby.com.

To see our full Honor Roll featuring all of our 2012 Companywide Top Associates, click here.

As Seen in Grand Vie Spring 2013: Let s Get Tropical


The following properties were featured in the Spring 2013 issue of Grand Vie magazine in a special section about second home opportunities in tropical locations. The section was written by Dallas real estate blogger Candy Evans.

A second home in the tropics is the perfect place to relax, enjoy the small pleasures of life, and create generational memories. Whether you re looking a private island paradise off Florida s sunset coast, an elegant Caribbean-style villa overlooking Saint Barts bay of St. John in the French West Indies, or a signature home overlooking the Pacific Ocean in Dana Point, California, the latest issue of Grand Vie magazine offers an array of second-home options that will suit every want and need. To learn more about buying an exceptional tropical property, click here. Below are just a few of the luxury second home opportunities featured in the spring issue of Grand Vie:

PUERTO VALLARTA, MEXICO I $2,800,000
Listed by our fellow Luxury Portfolio International member P.V. Realty, S.A. de C.V.

Truly a once-in-a-lifetime opportunity, Villa Venado is located within The Manicured Hillside, a gated residential community in upper Garza Blanca. Solid construction coupled with flowing natural lines and tasteful décor reflect the extensive travels of the current owners. With more than 10,000 square feet of living space, the home offers seven bedrooms, eight baths and spacious entertainment areas making it ideal for generations of family to enjoy, or for a high-end vacation rental.

To learn more, click here.

OMAO, HAWAII I $7,500,000
Listed by our fellow Luxury Portfolio International member Hawaii Life Real Estate Brokers
This ranch-style estate on 12 elevated acres in Omao on Kauai’s sunny south side offers ocean, mountain and valley views. The entrance lined with palm trees leads to the multi-winged residence with 7,822 square feet of living space, and 1,600 square feet of covered lanais. Outdoor amenities include a hot tub, an infinity-edge lap pool, a kitchen, living and dining spaces, waterfall features, fire pits and flowering gardens. A stream and a valley are located on the back side of the estate along with stocked ponds, gazebos, docks and a landscape nursery.

To learn more, click here.

LAGUNA BEACH, CALIFORNIA I $7,750,000
Listed by our fellow Luxury Portfolio International member First Team Estates

Overlooking Emerald Bay’s expansive private beach, this custom residence offers the finest in seaside living. Ideal for entertaining and everyday living, this meticulously maintained five-bedroom, five-bath and one half-bath home offers an elevator that serves three floors, a spa, a sauna and a workout room. In addition, ownership offers Emerald Bay’s exclusive coastal neighborhood with 24-hour gated and manned security, a private beach, sand volleyball courts, tennis courts, a swim complex and clubhouse, all within nearly 21 acres of groomed parks in one of the most-exclusive enclaves on the West Coast.

To learn more, click here.

Longing for more? Check back here at the Ebby Blog in the next few days for other luxury second home opportunities in tropical locations around the globe.

Comprised of Ebby Halliday, REALTORS® and Dave Perry-Miller & Associates, the Ebby Halliday Companies are proud to be the exclusive North Texas affiliate of Luxury Portfolio International. The company is also the luxury market leader in North Texas, selling more homes priced at $1 million and above than any other broker.

Dallas Business Journal: Ebby Halliday Companies No. 1 in North Texas


The Ebby Halliday Companies, which includes Ebby Halliday, REALTORS® and Dave Perry-Miller & Associates, topped the Dallas Business Journal s just-released list of the Largest North Texas Residential Real Estate Brokerages.

The business journal s list ranked North Texas residential real estate firms based on closed transactions in 2012. The Ebby Halliday Companies closed 15,916 transactions, an almost 20% increase over 2011, and approximately 45% more transactions than its nearest competitor.

The Ebby Halliday Companies approximately $4.8 billion in sales volume in 2012 was 24 percent higher than 2011, and surpassed its nearest competitor in 2012 by approximately 58 percent.

See the business journal’s story here. The list is available in the March 22-28 print edition of DBJ.

Congratulations to all of the dedicated, hard-working Associates and staff members who made these phenomenal sales numbers possible. While 2012 was exceptional, we are already looking forward to what the Dallas Business Journal has to say about The Ebby Halliday Companies in 2013!

Ebby s Top Team for 2012: Mother/Daughter Duo Morguloff Team


The top six Associates for Ebby Halliday, REALTORS® in 2012 sold a combined 603 homes for a sales volume of more than $308 million.

These individuals, Cindy O Gorman, Paulette Greene, Martha Morguloff, Danna Morguloff-Hayden, Dee Evans and Pam Boronski, were recently featured along with our other companywide top Associates in a full-page ad in The Dallas Morning News.

In a series of posts we re profiling these real estate superstars. Up today: The Morguloff Team, a mother/daughter powerhouse comprised of Martha Morguloff and Danna Morguloff-Hayden. Ebby s Top Team for 2012, which is based in the Preston Keller Office, handled 46 residential real estate transactions — totaling approximately $18 million — in 2012.

Market knowledge, creative marketing, strong negotiating and high standards are hallmarks of the Morguloff Team. This dynamic duo has been on the companywide Top 30 Volume Production Honor Roll since 1985 and been named the Top Companywide Team many times.

The Morguloff Team was named Super Real Estate Agents by Texas Monthly magazine, an honor bestowed upon less than 1% of all Texas real estate agents. Martha Morguloff and Danna Morguloff-Hayden are consistently named to the Best Real Estate Agents in Dallas list by D Magazine, and have also been listed in the local city publication as being among Dallas Top Power Brokers.

No transaction is too large or too small for The Morguloff Team. The team s areas of expertise include Preston Hollow, Preston Forest/Royal, North Dallas, Park Cities, Richardson, Plano and Frisco.

Click here to learn more about buying and selling a home with The Morguloff Team.

To contact The Morguloff Team, call 214-354-5266 or e-mail morguloffteam@ebby.com.

To see our full Honor Roll featuring all of our 2012 Companywide Top Associates, click here.

Just Listed: M Streets Charmer Open Sunday, March 24, from 2 to 4 p.m.


This week s Fresh Listing Friday takes us to the M streets neighborhood of East Dallas and the charming home at 6015 Monticello Ave. You re invited to discover this exceptional new listing with plenty of character this Sunday, March 24, from 2 to 4 p.m. at an open-house event.

This four-bedroom, 3 ½-bath residence served by Stonewall Jackson Elementary includes an upstairs addition, completed in 2011. Just a few of this home s highlights include an inviting living room with a woodburning fireplace, a relaxing den, a kitchen with granite countertops and stainless-steel appliances, arched doorways, and richly stained hardwood flooring.

The spacious master suite features a spa-like bath with dual sinks, a jetted tub, a separate shower and a walk-in closet. All of this property s secondary bedrooms are spacious and the backyard offers a wooden deck and a beautiful pool. This home is a short distance from the shops and restaurants of Greenville Avenue, as well as recreational opportunities at Tietze Park.

To see more now, click here. And don t forget: You can tour 6015 Monticello Ave. in person this Sunday, March 24, from 2 to 4 p.m.

To see all the other homes that came on the market this week (even if they aren t listed with Ebby Halliday), click here. To start a home search of your own, visit ebby.com.

NAR: Existing-Home Sales, Prices Continue Rise in February


February existing-home sales and prices affirm a healthy recovery is well underway in the housing sector, according to the National Association of Realtors®. Nationwide, sales have been above year-ago levels for 20 consecutive months, while prices show 12 consecutive months of year-over-year price increases.

Total existing-home sales increased 0.8 percent in February, and are 10.2 percent above February 2012.

Lawrence Yun, NAR chief economist, said conditions for continued housing improvement are at play. “Job growth in the improving economy and pent-up demand are causing both home sales and rental leasing to rise. Though home prices are rising much faster than rents, historically low mortgage rates are still making home purchases affordable,” he said.

The national median existing-home price for all housing types was $173,600 in February, up 11.6 percent from February 2012. The last time there were 12 consecutive months of year-over-year price increases was from June 2005 to May 2006.

“A strong rise in home values is contributing to housing wealth recovery, which has risen by $1.4 trillion in the past year and looks to top that increase this year,” Yun said. “The extra consumer spending arising from growth in housing wealth is expected to be $70 billion to $110 billion this year.”

Nationwide, the median time on market for all homes was 74 days in February, which is 24 percent below 97 days in February 2012.

The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1 million members involved in all aspects of the residential and commercial real estate industries.

To learn more about our robust North Texas housing market or for questions involving the current value of your home, contact an Ebby Associate today. To get started, visit the Web site voted one of the industry s best by the Web Marketing Association, ebby.com.

Ebby s 2012 Companywide Top Group Runner-Up: Paulette Greene Group


The top six Associates for Ebby Halliday, REALTORS® in 2012 sold a combined 603 homes for a sales volume of more than $308 million.

These individuals, Cindy O Gorman, Paulette Greene, Martha Morguloff, Danna Morguloff-Hayden, Dee Evans and Pam Boronski, were recently featured along with our other companywide top Associates in a full-page ad in The Dallas Morning News.

In a series of posts we ll profile each of these real estate superstars. Up today: Paulette Greene, 2012 Companywide Top Group Runner-Up.

Paulette Greene is the lead Associate of The Paulette Greene Group, based in Ebby s Frisco Office. This group of seasoned, widely respected agents and support staff handled more than $92 million in home sales in 2012.

Paulette joined Ebby Halliday in 1990 and in her first year earned Companywide Rookie of the Year. In addition to that significant honor and having been named the Companywide Top Group Runner-Up many times, Paulette has been honored as the No. 1 Individual and No. 1 Team Companywide for Ebby Halliday, REALTORS®.

Paulette’s philosophy is simple: Doing the right thing creates the right results. The end result is her clients total happiness.

To excel in this real estate market, I believe you have to be aggressive as well as creative and I continue to invest in new informative resources on my website, Paulette says. The more exposure I can generate for your home, the more it increases the opportunities we have to market your property. Between social media and our partnership with Luxury Portfolio International®, I feel confident we are representing you in the most effective ways available.

Click here to learn more about buying and selling a home with Paulette Greene and The Paulette Greene Group.

To contact Ms. Greene, call 972-464-4000 or e-mail pg@paulettegreene.com.

To see our full Honor Roll featuring all of our 2012 Companywide Top Associates, click here.

Dallas Area Third Nationwide Among Markets with High Home-Equity Rates


Steve Brown of The Dallas Morning News reports that with housing values rising in North Texas, Dallas-area homeowners now enjoy one of the best home-equity positions in the country.

Brown cites a just-released report by CoreLogic Inc. showing that at the end of 2012 the Dallas area had the third-highest share of homeowners with mortgages who had positive equity in their homes. Approximately 90 percent of local homeowners owed less than their houses are now worth.

Only Nassau-Suffolk, N.Y., and the Houston area had higher percentages of homeowner equity, according to the CoreLogic report.

At the other end of the spectrum, Tampa-St. Petersburg, Fla., and the Miami area had the lowest equity with more than 40 percent of homeowners with a loan owing more than their property is worth.

Homeowner equity has been growing in the past year as housing markets around the country have turned the corner. During the fourth quarter of 2012, CoreLogic estimates that 200,000 U.S. homes returned to positive equity.

The trend toward more homeowners moving back into positive equity territory should continue in 2013, Anand Nallathambi, president and CEO of CoreLogic, says.

In North Texas, median home sales prices were up 8 percent in 2012 compared with 2011, according to North Texas Real Estate Information Systems, Inc. And, during the first two months of 2013, median home sales prices of pre-owned single-family homes were up another 8 percent.

Dallas-area residential properties have regained much of the value lost during the recession, local figures show. A sharp decline in home foreclosure filings and distressed property sales in North Texas during recent months has contributed to the rise in home prices.

Inventories of houses for sale in the Dallas-Fort Worth area are at the lowest level in more than a decade. Homeowners who choose to list a home for sale now will face much less competition than has been the case in recent years.

To learn more about the housing market in your neighborhood and how you can take advantage of the increasingly strong North Texas market, contact an Ebby Associate today. To find the right agent for all of your residential real estate needs, visit the Web site voted one of the industry s best by the Web Marketing Association, ebby.com.