New Housing Index: Home Prices in Dallas Area Up 7.1 Percent


Dallas-area home prices were up by a record amount in the latest Standard & Poor s/Case-Shiller Home Price Index.

Local home prices rose by 7.1 percent in February from year ago levels, according to the just-released report.

Dallas-area home prices have now been higher for a full year in the closely-watched housing market measure.

Nationwide, prices were up by 9.3 percent in Case-Shiller s 20-city survey. Of course, the Dallas area never experienced the sharp price declines some U.S. cities saw in the recent recession.

Home prices continue to show solid increases across all 20 cities, S&P s David M. Blitzer, said in the report. Blitzer noted that home price increases across the country were highest in May 2006.

The largest year-over-year home price increases in Case-Shiller s new report were in Phoenix, at 23 percent, and San Francisco, at 18.9 percent.

Dallas-area prices in the Case-Shiller index are just slightly below where they were before the recession. Nationwide, home prices are still down more than 30 percent from where they were in mid-2006.

Regardless of the price range, now is a great time to offer a home for sale in North Texas given the region s increasing home values and the markedly decreased competition for sellers. If you re considering listing your home, call an Ebby Associate to learn more about the real estate market in your neighborhood and to find out what your home is worth in today s market. To find the right agent for your residential real estate needs, visit the Web site voted one of the industry s best by the Web Marketing Association, ebby.com.

Taking the Temperature of the North Texas Housing Market


The home at 5446 Ridgedale in the M streets neighborhood of Dallas was on the market for only six days before going under contract. It is one of an increasing number of North Texas homes to be on the open market for a very short time.

You have likely heard much talk of North Texas robust housing market the past few months. Competition among buyers for well-priced listings has become heated, with multiple offers on listed properties common in many area neighborhoods, according to Mary Frances Burleson, president and CEO of Ebby Halliday Realtors.

With rising sales prices, fewer homes for sale and historically low interest rates, the spring of 2013 is shaping up to be the best time in a long time to sell a home in the Dallas-Fort Worth area, Burlseson says. The latest numbers from North Texas Real Estate Information Systems make quite a compelling case for homeowners who are trying to decide whether now is a good time to sell a home in Dallas-Fort Worth.

A few of the highlights from the NTREIS numbers for March 2013 vs. March 2012 include:

* Days on Market were down 25.4% to 76 days on average.

* Months supply of inventory was down 33.6% to 4 months.

* The number of homes for sale was down 23.4%.

* Percent of original list price received was up 1.7% to 94.4% of asking price.

* Finally, closed sales were up 9.7%.

All indications are now is not just a good time, it s a great time, to list a home for sale in North Texas, Burleson says. My advice is simple: Don t delay. Take advantage of our area s robust housing market today.

If you re considering listing your home, call an Ebby Associate to learn more about the real estate market in your particular neighborhood and to find out what your home is worth in today s market. To find the right agent for your residential real estate needs, visit the Web site voted one of the industry s best by the Web Marketing Association, ebby.com.

Dallas-based Ebby Halliday Realtors is the largest independently owned residential real estate company in Texas and ranks 12th in the nation, according to REAL Trends, Inc. The 68-year-old company, with approximately 1,500 sales associates and staff in 25 area offices, participated in almost 16,000 property transactions in 2012 with a sales volume of approximately $4.8 billion. Ebby Halliday is one of the oldest and most respected full-service residential real estate firms in the country, offering brokerage, leasing, mortgage, insurance and title services. To learn more, visit ebby.com.

Just Listed: Exceptional Frisco Mediterranean Open Sunday, April 28


Today s Fresh Listing Friday takes us to the Mediterranean-style home at 4555 Warwick Lane in Frisco. You re invited to discover this exceptional, just-listed five-bedroom residence at an open-house event on Sunday, April 28, from 2 to 5 p.m.

Double wrought-iron doors open to a custom wrought-iron curved staircase, handscraped hardwoods and a detailed finish out. The chef s kitchen features granite countertops, a six-burner gas cooktop, a large built-in refrigerator, a built-in microwave, double ovens, a breakfast bar and a preparation sink.

Just a few of this home s amenities include hard-coat stucco, a tile roof, a study, a game room, a media room, and a spacious backyard. For more details on this exceptional new listing in Frisco, click here.

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 this beautiful spring weekend!

Dallas-Fort Worth is Home to the Newest Presidental Library and Many Other Great Libraries (and Studies)


With the president of the United States, the four living ex-presidents and thousands of world leaders descending on Dallas for the opening of the George W. Bush Presidential Center, the city is sure to take a prominent spot in the international spotlight this week.

While you may not have made the invitation list for the presidential center s private dedication ceremony, you are invited to discover some of our area s other great libraries and you definitely won t have to endure any traffic congestion, long lines or parking hassles. As the No. 1 residential real estate company in Texas, Ebby Halliday, REALTORS® is proud to represent many homes featuring exceptional libraries/studies and we personally invite you do discover these and many others at the award-winning ebby.com.

Offering lakefront living in the heart of the city, the estate home on 4.1 acres at 2330 Perkins Road in Arlington is home to this beautiful library. The four-bedroom home, which also features a game room, a climate-controlled wine cellar, a guest house, a pool, a spa, and 400 feet of shoreline with a private dock, is offered for $1,650,000.

The peaceful estate on 3.6 acres at 2050 Creekridge Drive in Frisco offers exceptional amenities, including this two-story library. Situated in a gated community, the five-bedroom home also features six fireplaces, an exercise room, a billiards room, a racquetball court, an outdoor kitchen, a pool and a separate apartment. It is offered for $4,750,000.

This distinctive study with a cigar porch is located in the beautiful four-bedroom home at 7515 Currin Drive in Dallas. This fine property s amenities include lattice hardwoods with inlaid limestone, an Austin stone fireplace, a temperature-controlled wine cellar, and an outdoor living area with fireplace. It is offered for $1,175,000.

Situated in the Strait Lane estate neighborhood of Dallas, the estate home at 4731 S. Lindhurst offers this beautiful and spacious study. In addition, this property features a gourmet kitchen, a morning room, a stunning great room, and landscaped grounds with an outdoor living area, a pool and a cabana bath. It is offered for $3,400,000.

This great-looking study is located at 3615 Norwich Lane in the Shaddock Creek community of Frisco. The four-bedroom home also features a wine cellar, a well-appointed kitchen, a two-story family room, a game room, a media room, and a backyard with a pool, spa and grill. It is offered for $660,000.

The George W. Bush Presidential Center opens to the public on Wednesday, May 1. Timed tickets may be purchased in advance by clicking here.

Begin your search for your own great library or study on the website voted one of the industry s best by the Web Marketing Association, ebby.com. To download the Ebby App from the Apple App Store® or Google Play™ Store, search for Ebby Halliday Realtors.


Just Listed: Updated Home in Highland Park West, Open April 21, 2-4 p.m.


It s Nationwide Open House Weekend so it s only appropriate that this week s Fresh Listing Friday be available for touring in person this Sunday. The just-listed three-bedroom, three-bath home at 4680 Southern Ave. in Highland Park will be open from 2 to 4 p.m. on April 21, so come by and discover this exceptional buying opportunity for yourself.

Situated on a corner lot in Highland Park West, the home has been renovated and updated from 2005 to 2012. It offers an open floor plan, sophisticated style and timeless warmth and the study could serve as a fourth bedroom if desired.

The kitchen opens to the family room with a wall of windows offering views of the professionally landscaped backyard.

Just a few of this home s many updates include baths, roofing, air-conditioning, water heaters, fence and electric gate.

Click here to see more photos of the exceptional new listing at 4680 Southern Ave. in Highland Park. And, mark your calendars to drop by Sunday, April 21, from 2 to 4 p.m., to discover the many reasons why this beautiful home won t be on the open market for long.

To see all the North Texas homes that will be open April 20-21 as part of Nationwide Open House Weekend, visit http://bit.ly/Ivz5U1

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 the website voted one of the industry s best by the Web Marketing Association, ebby.com.

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

Nationwide Open House Weekend Takes Place April 20-21


Nationwide Open House Weekend is this Saturday and Sunday, April 20-21. The best place to see all the open houses in the North Texas MLS (you’re also able to search and sort by your desired criteria) is Ebby.com. See them now at http://bit.ly/Ivz5U1

Ever wondered if open houses are still relevant to the home-buying process? The below facts and figures from the National Association of REALTORS® 2012 Profile of Home Buyers and Sellers indicate that open houses are very important indeed:

* In 2012, 45% of all home buyers used an open house as a source in their home-search process.

* Repeat buyers are more likely to find their home from an open house than first-time buyers and repeat buyers use open houses more frequently.

* Buyers with incomes between $55,000 and $75,000 are most likely to find their home through an open house compared to those in other income brackets.

* Buyers 65 years and older are more likely to find their home through an open house than other age groups. As age increases, the likelihood of using open houses as a search tool increases 45% of buyers aged 45 to 64 used open houses compared to 28% of buyers aged 18 to 24.

* Buyers in the South are most likely to find a home through an open house compared to those in other regions.

Whatever your taste or style, you re sure to find many great open houses all across North Texas this weekend. Visit http://bit.ly/Ivz5U1 now to get started. Happy house hunting!

DSO on the Go Comes to Frisco


The Ebby Halliday Companies are proud to sponsor the Dallas Symphony Orchestra s DSO on the GO performance series. This week offers a great opportunity to experience one of the world s great orchestras performing in Frisco.

DSO on the GO performances feature the Dallas Symphony Orchestra playing familiar classical pieces and popular light classics. The time and location of this week s Frisco concert is:

* Saturday, April 20, at 2:30 p.m. at Stonebriar Community Church

Tickets for any DSO on the Go performance may be purchased here or by calling 214-692-0203.

DSO on the GO brings the excitement of a world-class orchestra directly to the communities where many of our clients, Associates and employees live and work, says Randall Graham, vice president and director of marketing for The Ebby Halliday Companies. Community involvement is part of The Ebby Halliday Companies 68-year tradition of service, and we are honored to support the Dallas Symphony Orchestra s community enrichment efforts.

Click here for the full schedule of DSO on the GO performances.

As Seen in The Dallas Morning News: Now is Ideal Time to List a Home for Sale in North Texas


With rising sales prices, fewer homes for sale and historically low interest rates, spring of 2013 offers potential home sellers the ideal conditions to sell a home in the Dallas-Fort Worth area. Competition among buyers for well-priced listings has become heated, with multiple offers on listed properties common in many area neighborhoods, according to Mary Frances Burleson, president and CEO of Ebby Halliday Realtors.

The latest numbers from North Texas Real Estate Information Systems make a very compelling case for those homeowners who are trying to decide whether now is a good time to sell a home in Dallas-Fort Worth, says Burleson. A few of the highlights from the NTREIS numbers for March 2013 vs. March 2012 include:

* Days on Market were down 25.4% to 76 days on average.

* Months supply of inventory was down 33.6% to 4 months.

* The number of homes for sale was down 23.4%.

* Percent of original list price received was up 1.7% to 94.4% of asking price.

* Finally, closed sales were up 9.7%.

All indications are now is not just a good time, it s a great time, to list a home for sale in North Texas, Burleson says. My advice is simple: Don t delay. Take advantage of our area s robust housing market today.

If you re considering listing your home, call an Ebby Associate to learn more about the real estate market in your particular neighborhood and to find out what your home is worth in today s market. To find the right agent for your residential real estate needs, visit the Web site voted one of the industry s best by the Web Marketing Association, ebby.com.

Dallas-based Ebby Halliday Realtors is the largest independently owned residential real estate company in Texas and ranks 12th in the nation. The 68-year-old company, with approximately 1,500 sales associates and staff in 25 area offices, participated in almost 16,000 property transactions in 2012 with a sales volume of approximately $4.8 billion. Ebby Halliday is one of the oldest and most respected full-service residential real estate firms in the country, offering brokerage, leasing, mortgage, insurance and title services. To learn more, visit ebby.com.

Ebby App Makes Buying, Selling a Home Easier Than Ever


The way consumers utilize online real estate services is vastly different than it was a few years ago. Today s home buyers are increasingly mobile and Ebby Halliday, REALTORS is dedicated to meeting their needs as well as the needs of its home sellers by providing advanced interactive mapping for consumers on the go.

With the Ebby mobile app you ll enjoy searching for homes more than ever, says June Feltman, vice president projects for The Ebby Halliday Companies. This state-of-the-art app provides information in a natural way starting with a map, not a menu. It s perfect for buyers on the go.

Available for free to iPhone and Android users, the Ebby App provides the latest in augmented reality and allows users to easily search for homes while on the go using three innovative options:

* Journey Search This feature shows available properties as users travel through a neighborhood. As with each of the Ebby App s interactive search functions, users may choose to delve deeper into properties of interest by immediately viewing property details and interior photos.

* Perimeter Search This feature allows users to draw boundaries on the map view with a finger, enabling viewing of available homes within the perimeter — and the selected parameters — of their search.

* Scope Search Aim the phone s camera down a street and this innovative augmented-reality search displays available properties. Select any of the properties for details and photos.

Some of the additional functionality available to Ebby App users on the go includes the ability to immediately find open houses and newly listed properties. The Ebby App also makes it easy to perform detailed searches and to share properties of interest with friends.

To download the Ebby App on an iPhone, visit the App Store and search for Ebby Halliday Realtors. To download the Ebby App on an Android phone, visit Google Play Market and search for Ebby Halliday Realtors.

In 2012, the award-winning ebby.com received more than 5,600,000 visits, making it one of the most-visited residential real estate websites in the United States. Of that number, 24 percent of users visited the site via a mobile device.

At Ebby Halliday, we understand the importance of technology and making it user-friendly, says Feltman. We are actively pursuing online features that will continue to make ebby.com and the Ebby App the go-to sources for North Texas real estate.

To find properties for sale across the Dallas-Fort Worth area, download the Ebby App now or visit the Web site voted one of the industry s best by the Web Marketing Association, ebby.com.

As Seen in The Dallas Morning News: When Selling a Home, Marketing and Advertising Matter


Homes listed with Ebby Halliday Realtors, regardless of the price point, enjoy extraordinarily high visibility through professionally developed in-house marketing and advertising.

Ebby Halliday Realtors offers its clients professional, highly effective marketing and advertising across a spectrum of media that is unmatched by any of its competitors.

At Ebby Halliday, marketing and advertising is professionally developed and managed by the firm, which controls both its content and placement, says Randall Graham, vice president and director of marketing for Ebby Halliday Realtors. It is not subject to outside influence or direction and is specifically designed for the local market to achieve maximum results for our clients.

Ebby Halliday Realtors won first place in Company Brand and Property advertising from Leading Real Estate Companies of the World® at its February 2013 annual conference held in Las Vegas.

Ebby Halliday Realtors offers clients listings an extensive, worldwide presence on the Internet. The industry-leading, award-winning ebby.com, one of the busiest residential real estate sites in the nation, receives approximately 16,000 visitors daily. And, each Ebby listing receives its own individual property website.

Ebby Halliday Realtors also regularly advertises listed homes in major area newspapers as well as many local and neighborhood publications, and offers additional exposure through such venues as FD Luxe, The Wall Street Journal, Veranda magazine and Luxe Interiors + Design.

Ebby Halliday-listed homes priced above $750,000 benefit from the extensive national and international exposure provided by the firm s luxury marketing partner, Luxury Portfolio International. Luxuryportfolio.com is one of the most-trafficked luxury home websites in the world. In addition, Ebby s luxury listings are eligible for inclusion in Grand Vie magazine, a luxury home publication featuring the listings of the Ebby Halliday Companies. The magazine is published three times a year and direct-mailed to almost 30,000 affluent North Texas homes. It is the only in-house luxury-home magazine in the Dallas-Fort Worth area with extensive distribution.

Homes listed with Ebby Halliday Realtors, regardless of the price point, enjoy extraordinarily high visibility through professional marketing, advertising and promotional activities that provide results for our clients, Graham says. Our marketing and advertising efforts are complemented by the largest and most-seasoned sales force in Texas. The bottom line is Ebby Halliday clients benefit from a combination of marketing and sales experience that is unmatched in the real estate industry.

Ebby Halliday Realtors, with approximately 1,500 sales associates and staff in 25 area offices, participated in almost 16,000 property transactions in 2012, with a sales volume of approximately $4.8 billion. Ebby Halliday is one of the oldest and most respected full-service residential real estate firms in the country, offering brokerage, leasing, mortgage, insurance and title services. For more information, visit the Web site voted one of the industry s best by the Web Marketing Association, ebby.com.