That’s Courtney A. Underwood (and pooch!), Vice President of Asset Management, Underwood Financial, Ltd.
This is a home I’d expect to see in California — 1810 Bermuda St. by Ron Wommack FAIA and John Rice of Ron Wommack Architect: perfect;y sized 3,500-square-foot home (3500 is the new BIG HOME) takes the shape of a two-story box. Around two sides an engawa, a veranda of Japanese origin, anchors a linear [...]
Great example of homes we will see more of in the future as people want to be closer in to the city, seeking higher desity: 4143 Buena Vista St. Three units face the Katy Trail, two freestanding units with roof decks take advantage of downtown views. This design allows town homes to connect and seemingly disappear [...]
It covers six Dallas neighborhoods from Buena Vista to Tokalon to Maple Springs, and the most influential architects in Dallas. You will see the homes of an Austin filmmaker, a textile artist, a noted art critic and book collector, and several families devoted to eco-friendly lifestyles. Can’t miss, tickets are $25, jump for details:
Seven contemporary [...]
That’s how the expert consultants on yesterday’s powerhouse panel of Emerging Trends in Real Estate put it. Translation: luxury has been temporarily buried. (I like to say it has gone underground.) Among the many notes I have scribbled are phrases like this: 3 million young people have moved back in with their families or doubled [...]
November 7, 29 “luxury condominium homes” will be auctioned off by Kennedy Wilson. I was reminded of this yesterday here at the Urban Land Institute meeting in San Francisco, when I stopped by the Sheldon Good & Company booth/exhibit. Sheldon Good auctioned off the The Centrum a few years back, kind of got sales jump-started. [...]
A long day in San Francisco, including a morning walk Wednesday in Pacific Heights, Cow Hollow and The Marina — please see my Twitter posts. I honestly almost became a house manager in PH, I love the area so much. (Then I learned this is where Nancy Pelosi lives!) This afternoon, back to business. What in [...]
Fairies, elves, knights in shining armour, I see all this and more in this restored 1931 built Lakewood Heights Tudor that has been restored and remodeled to sustain 21st century living. Yet it has retained the charm of yesteryear, from the exterior brick, roofline, leaded glass windows, moldings and sunroom. 6318 Belmont is larger than [...]
I may be tossing my anti-depressants after yesterday’s keynote at the ULI by The Economist former Editor- in- Chief Bill Emmott. What is going on with this global recession, are we out of the woods, and how will it affect real estate? Emmott says he has paranoid optimism that indicators are getting better — fewer job [...]
Well, when you read this, it will be what I heard last night. The deliquency rate on securitized commercial mortgages is at 4.83%, almost 5%, and that is a NINE-FOLD increase over last year. That’s mortgages on all commercial real estate, and that is not good news.
If so, maybe he regrets giving all that money back to his constituents.
And I’m off to SF to bring you the latest from this conference, because urban issues are affecting Dallas more these days than ever before. The ULI schedule is jam-packed, I’ll post and tweet right from the conference so stay tuned all week starting tomorrow!
Get thee to the polls today! It’s voting day and there are 11 proposed amendments to the Texas Constitution, including five that will affect our property rights, the property taxing authority, and who controls our dirt. Here you go, with my humble suggestions on how I will vote. Let me know quick if you disagree!
Yes [...]
I am being totally serious when I tell you that this is the way the agent photographed this charming starter home on Bonham Street and then PUBLISHED the photo. Wait, it gets better — check out the rest of the mess. Is the stove torn up or what? Not enough cabinet space obi? Call 1-800 [...]
It exhausts me keeping up with the neighborhood wars in this town — the conservation district battle in the Disney Streets, and now Desco Drive wants to do conservation light: the Neighborhood Stabilization Overlay.
Must read/see, this report by McClatchy Newspapers’ Greg Gordon, a five-month investigative report on how Goldman Sachs, otherwise known as Government Sachs, peddled more than $40 billion in securities on 200,000 risky home mortgages, but at the same time it was peddling these as investments, the company also bought $20 billion in insurance betting that [...]
By now you’ve heard that CIT Group has filed for Chapter 11 bankruptcy protection. Taxpayers, who gave the company 2.3 billion last year, will likely not be re-paid. I’m not discounting that, but even worse, CIT is one of the country’s largest lenders to small business and retailers, like Neiman Marcus. Two months prior to [...]
Why our market seems to be in the doldrums, check out this editorial by Peggy Noonan. All the grown ups are gone. She details a national malaise that is the basic reason why people aren’t buying and selling (real estate or anything) in this country. One agent told me he has a client who wants [...]
What happens when that offer is too low.
