Dallas-Area Home Prices Up

Dallas-Area Home Prices Up

Dallas-area home prices were up 7.4 percent in the just-released Standard & Poor’s/Case-Shiller Home Price Index.


The gain from a year ago was the fourth highest in the country and significantly ahead of the 4.9 percent nationwide gain.


The biggest increases were in Miami, up 10.3 percent, and Las Vegas, up 9.1 percent. Charlotte and Dallas were the only two cities to see their annual price gains increase from the previous month. Dallas home prices were up 7.3 percent in August.


Dallas-area home prices are now more than 12 percent higher than they were before the recession and at a record level in the Case-Shiller index.



D-FW Home Sales Rise Sharply



Existing-home sales rose in October for the second straight month and are now above year-over-year levels for the first time in a year, according to a just-released report from the  National Association of Realtors.


Nationwide, existing-home sales rose 1.5 percent in October from September. Sales are at their highest annual pace since September 2013 and are now above year-over-year levels (2.5 percent) for the first time since last October. In Dallas-Forth Worth, home sales were up sharply at 5.7 percent year-over-year.


The median existing-home price nationwide was $208,300, which is 5.5 percent above October 2013. In D-FW, the median home price was $182,000, also up 5.5 percent. October marked the 32nd consecutive month of year-over-year price gains.



Mary Frances Burleson Honored

CEO of RISMedia John Featherston, President & CEO of the Ebby Halliday Companies Mary Frances Burleson, and Retail Sales Executive Tim Owens from Bank of America


At its annual Power Broker Dinner held in conjunction with the National Association of Realtors Conference & Expo, RISMedia honored Ebby Halliday Companies President & CEO Mary Frances Burleson with its National Homeownership Award. The award was presented by Tim Owens, retail sales executive for Bank of America Home Loans, the award’s sponsor, on November 7 in New Orleans.


The National Homeownership Award is given to a member of the real estate community who continuously demonstrates extraordinary contributions toward increasing homeownership and building better communities. Mary Frances Burleson embodies those qualities and more, Owens noted.


“Mary Frances is a true industry icon who has devoted decades of service to this industry,” Owens said while presenting her the award.


“I am honored to be recognized with RISMedia’s National Homeownership Award,” says Burleson. “I have been fortunate to serve a company founded by the legendary Ebby Halliday, whose impact on the residential real estate industry is unmatched. Our Associates, who seek every day to follow Ebby’s example of service, are the basis of our company’s success.”


Congratulations Mary Frances on a well-deserved honor. Your service to our industry makes all of us at the Ebby Halliday Companies very proud.





Fresh Listing Friday: One-Story Gem


We always tell you not to judge a book by its cover when it comes to houses because you never know what lies inside. Well, this week’s Fresh Listing Friday supports our advice and then some.


It may look like just another adorable, traditional, brick one story, but surprises await inside the new listing at 10164 Timber Trail Drive. With an open floor plan and chic decor, this Dallas home is filled with designer touches at an incredible price!


Here’s the basic information you need to know before we get to the beautiful photos:

-3 bedrooms, 2 baths, 1,683 square feet, 2-car garage listed for $280,000

-Hardwood flooring throughout

-Flowing floor plan

-Filled with natural light

-Updated kitchen

-Large backyard

Fresh Listing Friday: One-Story GemFront exterior showing large windows, covered front door, and beautiful front yard

Fresh Listing Friday: One-Story GemFormal living area with large windows. Open to dining area below

Fresh Listing Friday: One-Story GemDining area with opening to the informal living room (far left) and a sitting area off of the kitchen

Fresh Listing Friday: One-Story GemInformal living room (fourth wall not shown with current owner’s large entertainment unit and TV)

Fresh Listing Friday: One-Story GemKitchen with stainless-steel appliances, intricate tile backsplash, ample cabinetry, and open to a sitting area that can also be used as an eat-in breakfast space

Fresh Listing Friday: One-Story GemMaster bedroom with a sitting area

Fresh Listing Friday: One-Story GemSecondary/guest bedroom

Fresh Listing Friday: One-Story GemLarge, fenced in backyard (2-car garage at the end of the driveway on the left of the photo)


To see all the wonderful properties that were new to the DFW housing market this week, click here.

Home Sales Up Again


After a modest decline nationwide in August, existing-home sales bounced back in September to their highest annual pace of the year, according to a just-released report from the National Association of Realtors. All major regions of the country except the Midwest experienced gains.


Single-family home sales rose 2 percent in September over August, but are 1.9 percent below the pace a year ago. Nationwide, the median single-family home price was $210,300, up 5.9 percent from September 2013. In Dallas-Fort Worth, that number was $185,000, up 9.3 percent.


Discover what’s for sale in Dallas-Fort Worth in your price range  at the award-winning ebby.com.



Now Arriving: Grand Vie Luxury in Living


The fall/winter 2014 issue of Grand Vie: Luxury in Living magazine is out and is now being direct-mailed to approximately 30,000 luxury homes across Dallas-Fort Worth. The new issue is filled with some of the most luxurious homes on the market, from the spectacular Hill Country-style cover home in Dallas’ prestigious Preston Hollow, to an iconic Highland Park estate on beautiful Lakeside Drive.


In addition to highlighting the Ebby Halliday Companies luxury listings, this 15th edition of Grand Vie offers interesting editorial content, including a feature story on the latest trends in high-end kitchens; an enlightening story about second homes in the Texas Hill Country by Dallas’ ultimate real estate insider Candy Evans; an interview with luxury linen-maker Federico Pratesi; a look at the season’s hottest color; and a spotlight on the D-FW luxury market.


We’re confident you’ll enjoy the newest issue of Grand Vie: Luxury in Living. To view the digital version of North Texas’ leading luxury home publication, visit grandviemagazine.com.

D-FW Home-Price Gains Peak, Slow


Prices of pre-owned homes in the Dallas area hit another peak in July, but annual increases continued to slow, according to the just-released Standard & Poor’s/Case-Shiller Home Price Index. Dallas home prices increased 7.4 percent year over year — the lowest rate of advance in approximately a year.


The Dallas price index hit a new high for the sixth-straight month and is nearly 12 percent ahead of June 2007, just before the worldwide economic collapse. Denver was the only other U.S. city to set a new high in the much-anticipated report.


Interested in what your North Texas property is worth in today’s market? Pricing a home is a job for experts. To find just the right agent for your real estate needs, visit the award-winning ebby.com.



Fresh Listing Friday: Spacious Stunner


Happy Friday, ya’ll! This week’s edition of Fresh Listing Friday takes us to the gorgeous home at 2900 Corkwood Circle in Flower Mound.


It’s located on a 1.1-acre, cul-de-sac, creek lot in River Oaks Estates and has been updated with designer touches. Our favorite feature of this home, though, is the high ceilings that can be found in nearly every room. The floor plan is flowing, the windows are plentiful and the high ceilings further maximize the 5,348 square feet in this home.


Here are the other important specs:

-4 bedrooms, 4 1/2 baths, three-car garage, listed for $850,000

-Formal dining and living rooms

-3 fireplaces, dual staircases, plantation shutters, and hardwood flooring

-Upstairs game room, bonus room, and wet bar with fridge

-Wooded, private backyard with pool and covered & open patios


Sounds pretty fabulous, right? Well, that’s because it is. See for yourself…

Fresh Listing Friday: Spacious StunnerFront exterior with beautiful brick, arched windows and openings, and covered front door

Fresh Listing Friday: Spacious StunnerTwo-story entry with curved staircase, hardwood flooring, and view of formal dining and living rooms

Fresh Listing Friday: Spacious StunnerFormal living room with two-story windows and ceilings and fireplace with granite surround

Fresh Listing Friday: Spacious StunnerFamily room with wall of windows, high ceiling, stone fireplace, and open to kitchen and breakfast room with access to the backyard

Fresh Listing Friday: Spacious StunnerKitchen with granite countertops, island, breakfast bar with seating, stainless-steel appliances, white cabinetry, and walk-in pantry

Fresh Listing Friday: Spacious StunnerBreakfast area with bay window and window seat, plantation shutters, built-ins, and backyard access

Fresh Listing Friday: Spacious StunnerMaster bedroom with vaulted ceiling, sitting area, bay window, and see-through glass fireplace

Fresh Listing Friday: Spacious StunnerMaster bathroom with dual vanities with granite countertops, large shower, jetted tub next to glass fireplace, and walk-in closet with built-ins

Fresh Listing Friday: Spacious StunnerUpstairs wet bar with bar seating, built-in fridge, wine storage, and open to two bonus rooms.

Fresh Listing Friday: Spacious StunnerView of two upstairs bonus spaces and full bath

Fresh Listing Friday: Spacious StunnerFenced-in, pool and patio section of the backyard

Fresh Listing Friday: Spacious StunnerOpen, wooded backyard on the 1.1-acre lot


We absolutely adore this property. It’s filled with amenities, and the high ceilings and windows are simply fantastic. To see more information and pictures, click any of the photos above.


To see all the homes that were new to the D-FW housing market this week, click here.

Photos via Ebby.com and Shoot2Sell