Interior Lighting: How To Do It Right


Did you know that lighting is one of the most important elements in your home? We’ve talked about the importance of natural light, but interior light is just as important. When natural light isn’t available, due to lack of windows or time of day, the mood and brightness of your home is dictated by interior lighting. Additionally, light fixtures are a large part of design and personal style. Here are a few tips to get the most out of your lighting:

 

1. Diversify: Use multiple sources for light so that the ambiance just right. Think about a mix of recessed ceiling lights, chandeliers, sconces, floor lamps, table lamps, and under mounted lighting solutions. A combination will throw light in different directions and create more generalized glow.

 

2. Focal Points: Use task lighting and directed light to highlight art, plants, dining tables, and unique decor.

 

3. Dimmers: Consider installing dimmers in entertaining spaces like dining rooms, media rooms, living rooms, and bedrooms. Being able to set the mood for a meal, movie, or cozy night by the fire makes a high difference.

 

4. Read the Room: Different rooms call for different lighting heights, sizes, and illuminations. For example, overhead lighting makes more sense in a kitchen than is does in a bedroom. Smaller lamps, sconces, and delicate chandeliers are better suited in bedrooms and bathrooms than large living spaces.

 

5. Which Watt?: Always follow the instructions on your light fixture for maximum wattage, but don’t be afraid to take it down a notch. If the light fixture is more for decor than actual illumination, consider using low-wattage bulbs, which use less energy. Typical wattages range from 40 (for reading) and 80 (for putting on make up), but this wattage can be achieved with multiple fixtures.

 

6. Decor: The fixtures you choose have an impact on your space visually as well. Make sure to keep the overall look and feel of the room in mind when selecting fixtures, but don’t be afraid to go bold. A statement floor lamp or chandelier is the perfect way to pack a big punch of style with just one piece of decor.

 

DFW homeowners clearly know the importance of interior lighting, just look at great examples found in our homes for sale. From modern to victorian and floor lamps to recessed lighting, there’s a lighting solution that will “brighten” your home and mood in just the right way.

Interior Lighting: How To Do It Right

^6838 Stefani Drive, DallasInterior Lighting: How To Do It Right

^9427 Monteleon Court, Dallas (For Lease)Interior Lighting: How To Do It Right

^1412 Teaberry Court, PlanoInterior Lighting: How To Do It Right

^12744 Hawktree Road, FriscoInterior Lighting: How To Do It Right

^2411 Laguna Lane, ArlingtonInterior Lighting: How To Do It Right

^6316 Caroline Drive, FriscoInterior Lighting: How To Do It Right

^12744 Hawktree Road, FriscoInterior Lighting: How To Do It Right

^1412 Teaberry Court, PlanoInterior Lighting: How To Do It Right

^1823 Canyon Court, AllenInterior Lighting: How To Do It Right

^5055 Addison Circle #204, AddisonInterior Lighting: How To Do It Right

^8000 Choctaw Lane, McKinneyInterior Lighting: How To Do It Right^7022 Pasadena Ave., Dallas

Images via Ebby.com & Shoot2Sell

Dallas-Area Foreclosures Fall Sharply


Dallas-Area Foreclosures Fall Sharply

 

Great news for the North Texas housing market: Dallas-area home foreclosures were down approximately 23 percent in January.

 

And, the number of homes foreclosed on in the Dallas area was less than half of what it was in 2012, according to a brand-new report from CoreLogic.

 

Nationwide, foreclosures are down 63 percent from the peak of the market in 2010. Tampa, Atlanta and Orlando currently lead the country in forced home sales by lenders.

 

“Job growth and home-value appreciation have worked to push the serious delinquency rate to the lowest since mid-2008 and foreclosures down by one-third from a year ago,” Frank Nothaft, chief economist at CoreLogic, says in the report. “With economic growth in 2015 expected to be better than last year, further declines in both delinquencies and foreclosures are projected for this year.”

 

Great news, indeed!

 

Dallas-area Home Prices Up


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Dallas-area home prices ended 2014 with a 7.5 percent increase from a year earlier, according to the latest Standard & Poor’s/Case-Shiller Home Price Index.

 

December’s gain was down slightly from the 7.7 percent annual increase in November.

 

But the Dallas-area price rise was well above the 4.6 percent nationwide rate.

 

Dallas had the fourth-highest increase among the 20 major markets Case-Shiller surveys for its monthly report. Dallas-area home prices are now almost 13 percent higher than they were before the recession.

 

If you’re considering offering your home for sale, contact an Ebby Associate 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 award-winning ebby.com.

Get Ahead of Spring Home Market


List Your Home For Sale Now

 

What was once considered real estate wisdom – the ideal time to list your home for sale is the traditional spring selling season – is no longer true for North Texas homeowners.

 

Year-over-year home sales for January and the low number of homes currently on the market means there’s no reason to wait until spring to list a home for sale. The latest numbers from North Texas Real Estate Information Systems offer quite a compelling case for getting a head start on the potential competition.

 

A few of the highlights from January:

*  The average sales price for a North Texas home is up 8.9% to $229,522.

*  The average list price is up 11.3% to $313,663.

*  The percent of original list price received is up 0.6% to 96.9% of asking price.

*  Finally, the average time a home is on the market is up 4.8%, but still is only 42 days.

 

If you’re considering listing your home, contact an Ebby Associate to find out what your home is worth and to devise a plan to get your home not just on the market, but sold. To find the right agent for your residential real estate needs, visit the award-winning ebby.com.

 

An Extraordinary Year for North Texas Real Estate


An Extraordinary Year for North Texas Real Estate

Fantastic news today for the North Texas economy: residential real estate sales at the Ebby Halliday Companies topped $6.64 billion in 2014. That’s a record in our 70-year history, and an approximately 4% increase over our record-setting sales in 2013.

 

“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 President & CEO Mary Frances Burleson. “Sales records of this magnitude reflect the extraordinary performance of our sales associates. We are so pleased to recognize their professional accomplishment and success – they are the reason Ebby Halliday leads the North Texas real estate market.”

 

The Ebby Halliday Companies participated in 19,189 transactions in 2014 and led all North Texas brokerages with 12.2% market share. The nearest competitor had 5.6% market share.

 

Locally owned Ebby Halliday Realtors was founded in 1945 on three principles: service to the client, service to the industry and service to the community. The company has consistently maintained a focus on service to the community. In addition to its support of many North Texas charitable organizations, the Ebby Halliday Companies belongs to 27 local chambers of commerce, actively promoting the North Texas economy both near and far.

D-FW Market Gets Year-End Surge


9757 Spring Branch Drive: Sold by Ebby’s Karen Keegan in just 20 days.

 

 

Real estate reporter Steve Brown provides a nice recap of the 2014 D-FW real estate market in today’s Dallas Morning News.

 

According to Brown, North Texas real estate agents sold a record number of houses in 2014 and a jump in fourth-quarter home starts made last year the best year for home construction in the Dallas-Fort Worth area since the recession.

 

A year-end surge in home purchases and construction was prompted by lower mortgage rates and economic expansion in Dallas-Fort Worth, housing analysts say.

 

More than 90,000 pre-owned single-family homes changed hands last year in North Texas — a 1 percent increase in over 2013. North Texas home sales in 2014 were about 5 percent higher than in 2006, before the recession. And sales have grown more than 40 percent since 2010.

 

Home purchases in December through the Multiple Listing Service were particularly robust — 12 percent higher than a year earlier. Sales prices were 11 percent ahead of December 2013, with a median of $193,940.

 

At the end of the year, median home sales prices in North Texas were almost 40 percent above where they were in early 2010, when the recession reduced residential values.

 

Housing analysts and real estate agents say that recent declines in home finance costs helped boost sales in the final months of 2014.

 

Longtime Ebby agent Barry Hoffer says falling mortgage costs have definitely caught buyers’ attention.

 

“With the recent announcement from the Federal Reserve that rates may be going back up, buyers who had been considering a home have been taking action,” said Hoffer in the DMN article. “They hate to pay more interest if they don’t have to.”

 

Hoffer pointed out that sales would be even higher if there were more houses on the market. December’s inventory of homes for sale was the smallest number in more than a decade — 14 percent fewer than in December 2013.

 

Of course, all real estate is local. To learn more about your neighborhood of interest or the current value of your D-FW home, contact an Ebby Associate today. To get started, visit the award-winning ebby.com.

 

The No. 1 D-FW Real Estate Brokerage is …


The No. 1 D-FW Real Estate Brokerage is …

 

The Dallas Business Journal just released its annual Book of Lists, its year-end “scorecard” of the people, companies and industries that make up the North Texas economy. We’re proud – and humbled – that Ebby Halliday Real Estate Inc. once again topped the journal’s list of residential real estate brokerages.

 

With more than 19,500 transactions closed last year, Ebby was again ranked No. 1 on the Dallas Business Journal’s list of the Largest North Texas Residential Real Estate Brokerages. Ebby also ranked No. 1 based on sales volume with a total of $6.44 billion in 2014 sales.

 

Thank you to all of our Associates and clients for your support and trust. Our status as the North Texas market leader is truly because of you.

 

As we head into a new year that marks Ebby Halliday‘s 70th anniversary of serving North Texas and one that holds so much promise for our growing region, we continue to be dedicated to our founding principles of service: service to our clients, service to our industry and service to our communities.

 

 

Texas Attracting More Moving Trucks


Texas Attracting More Moving Trucks

 

Two of the country’s leading moving firms agree that Texas was near the top of their migration list in 2014.

 

Texas ranked second in the country for total household moves with Atlas Van Lines in 2014 .

 

California edged out the Lone Star State with 13,967 Atlas moves compared with 13,137 moves for Texas. Florida was third with 10,226 moves.

 

Atlas said more than 55 percent of its business in Texas was shipments coming into the state. Texas was one of only 10 U.S. states where Atlas had more inbound shipments than moves out of the state.

 

United Van Lines ranked Texas seventh nationally for inbound moves in 2014.

 

Oregon was United’s top state for inbound shipments, with 66 percent of the mover’s business to the state coming from outside.

 

United says the states with the largest percentage of outbound moves last year included New Jersey, New York, Illinois and North Dakota.