Happy Friday! This week’s Fresh Listing Friday takes us to the M-Street neighborhood to a beautiful home at 5410 Mercedes Ave. It’s a truly wonderful place, and it’s going to be open this Sunday, Jan. 19, from 1 to 3 p.m., so make sure you go check it out!
We have great economic news today for all North Texans. Residential real estate sales at the Ebby Halliday Companies, which includes Ebby Halliday Realtors and Dave Perry-Miller & Associates, topped $6.4 billion in 2013. That’s a record in our 68-year history and, remarkably, is a 25 percent increase over 2012.
“We are so grateful to our valued clients – both home buyers and sellers – who have entrusted us with one of the largest financial transactions of their lifetime,” says Mary Frances Burleson, president and CEO of the Ebby Halliday Companies. “Sales records of this magnitude reflect the exceptional performance of our more than 1,500 Associates. We are so pleased to recognize their professional accomplishment and success – they are the reason the Ebby Halliday Companies lead the North Texas real estate market.”
Thank you Mary Frances. We couldn’t have said it any better!
To learn more about Ebby Halliday Realtors, its Associates and listings, visit ebby.com. For more information about Dave Perry-Miller & Associates, its Associates and listings, visit daveperrymiller.com.
Happy Friday! This week’s edition of Fresh Listing Friday takes us to a Dallas home at 4053 Lomita Lane. This adorable home is just the right mix of modern and traditional in the sense that it feels modern and fresh without also feeling cold. It has just the right amount of coziness combined with the sleekness that is characteristic of modern design. Let’s get to the fun stuff!
The second floor of the home is made up of a large bonus room and a full bath. There’s nothing that we don’t love about this home! If you feel the same way, head over and see it for yourself during the open house this Sunday, Jan. 12, from 1 to 5 p.m.
A 17 percent jump in home purchases in 2013 pushed North Texas pre-owned home sales to their highest level ever, according to Steve Brown over at The Dallas Morning News.
Almost 88,500 pre-owned single-family homes were sold in the region in 2013. And median sales prices were up by 10 percent from 2012 levels, according to just-released data from the Real Estate Center at Texas A&M University and North Texas Real Estate Information Systems.
Real estate agents say 2013 home sales would have been even stronger if they had more properties to offer consumers. In December, there was a record-low 2.6-month supply of pre-owned houses for sale in North Texas.
Even with the tight supply, agents say 2013 was their best year in memory, with multiple offers for houses and bidding wars for many properties.
“What a fabulous year,” said Mary Frances Burleson, president and CEO of Ebby Halliday Realtors, in the DMN article. “We had the best year in our company’s 68-year history.”
Texas ranked among the top states in a recent study of where Americans moved in 2013. Fifty-six percent of moves involving the Lone Star State were inbound, placing it 7th on the list according to United Van Lines’ latest annual Migration Study. The study tracks the states the company’s customers move to and from during the course of a year.
The study concluded Oregon had the highest percentage of people moving in in 2013, while New Jersey once again saw more outbound moves relative to inbound moves than any other state — for the third time in the past four years.
United has tracked migration patterns on a state-by-state basis since 1977. The company classifies states as “high inbound” if 55 percent or more of the moves are going into the state, “high outbound” if 55 percent or more moves were coming out of the state, or “balanced” if the difference of inbound and outbound is negligible.
Below are the rankings from the United Van Lines study. To dig deeper, click here.
2. South Carolina
3. North Carolina
4. District of Columbia
5. South Dakota
1. New Jersey
3. New York
4. West Virginia
9. New Mexico
Today, we’re introducing a new type of story to the Ebby Blog. These stories will be known as Room Redo’s, and we hope you’ll enjoy them and let them inspire you! We’ll be taking inspiration rooms from homes we have on the market and finding products that you can buy to recreate the room, or its elements, in your own way. It might sound a little confusing, but just take a look at the image below and it should explain it (click to enlarge)! Today’s inspiration room is a beautiful contemporary master suite located at 5948 Azalea Lane in Dallas.
1. Cavett Leather Chair 2. Brella Drum Foyer Pendant 3. Favorite Throw in Dusty Navy/Ivory 4. Sullivan Upholstered Platform Bed 5.Amber 6 Drawer Dresser 6. Benjamin Moore Sabre Gray 7. Hammered Glass Lamp 8. Sweater Wool Rug in Charcoal 9. Island 2 Drawer nightstand
Now, we know these items are not exact matches, but the idea is to have a little fun with design and get inspired by the homes we have and the fabulous rooms they have to offer! Thanks for joining us on OTD!
Ebby Halliday, REALTORS® is not affiliated with featured products and this story should not be considered an endorsement.
Dallas-area home prices were up 9.3 percent in November from a year earlier, according to a just-released report from CoreLogic. Nationwide, home prices were up 11.8 percent for the same period.
Mark Fleming, chief economist for CoreLogic, predicts that when all the numbers are in home prices across the country will be up 11.5 percent for 2013. “That will make 2013 the best year for home-price appreciation since 2005,” Fleming says.
Across Texas, home prices were up 8.7 percent in November from a year earlier. Texas home prices are now fully recovered from the recession and are back to where they were at the peak of the last housing cycle, according to CoreLogic.
The states with the highest appreciation were Nevada (25.3 percent), California (21.3 percent) and Michigan (14.4 percent).