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Real Estate Trends & News: Sept 2007

The lastest news, trends, and buzz in the real estate industry.
By D Magazine |

WORD ON THE STREET
I’ve been keeping track of real estate sales for years inside Hillcrest Estates (it’s my ’hood), and according to memory, the sale of Caroline Minnis’ house at 6400 Northaven Rd. is one of the biggest on record. Listed by Ellen Terry, the asking price was $5.2 million, and word is on the street that the buyer, represented by Erin Mathews, paid pretty close to that price. 

Over at Briggs Freeman, Ginger Nobles and Susan Baldwin have closed on $40 million since January with properties ranging from $250,000 to $22.5 million, the latter the Vassar Boulevard home of Nancy and Jim Hoak, where Nobles and Baldwin brought the buyers to listing agents Allie Beth Allman and Cynthia Beaird.

Lee and Trey Trenholm have joined Dave Perry-Miller & Associates at Ebby Halliday Realtors.

The Dallas condo market remains strong, thanks to our neighbors to the south. “Latin Americans are looking to Texas for housing,” says Richard Swerdlow, chief executive officer of Condo.com. But the investors in the business are gone—everywhere. The flipping game, he says, is over.

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