Is now the time to Buy in Dallas? - 04/30/08 11:46 PM
This is the question I hear more and more frequently.  With the national news reporting on real estate crises across the nation it becomes more and more confusing to prospective home buyers in Dallas.  The simple fact is that the Dallas housing market, while affected by many of the same factors that are impacting people nationally, is not being impacted anywhere near as significantly.
All real estate markets are LOCAL markets, and basing decisions on NATIONAL information just isn't the smartest way to make a housing related decision, so to help, visit www.dfwhousingfacts.org.  See what the experts are saying about our local … (0 comments)

Time for a new Refrigerator? - 04/30/08 11:19 PM
You might wait until after July 29 to shop.
May 2008 Consumer Reports has tests of many new refrigerators, but the key point that they report is that those built after April 28, 2008 must be 20% more efficient than the current federal standard. If the 3.5 million Energy-Star qualified refrigerators sold in 2006 had met that new standard, we'd use 90 million fewer kilowatt hours of electricity per year, equivalent to the greenhouse gas emissions of 12,500 cars per year!
You can find out more in the magazine or go to http://www.energystar.gov/, but labels on the new refrigerators don't have to be … (2 comments)

Great 2 Bedroom / 2 and a Half Bath Oak Lawn Condo - $136,900 - 04/28/08 10:17 PM
SOLD

… (1 comments)

2 Bedroom Condo in the Heart of Oaklawn - $219,900 - 04/19/08 02:18 PM
No longer available. Contact us about other properties.

… (1 comments)

SHORT SALE - 927 Warfield Way, Richardson - $124,000 - 04/19/08 01:31 PM
SOLD

… (0 comments)

Word-a-palooza - Part Deux: A TOD Update - 04/13/08 05:46 PM
Just 2 days ago I posted a Blog entry titled Welcome to Real Estate Word-a-palooza! Anyone have a Dictionary?  In it, I wrote about new real estate terminology.  One of the terms I discussed was "TOD". 
For those who missed it, TOD stands for "Transit-oriented Development" and is a term used to describe development that is adjacent to or has mass transit (such as DART Rail here in Dallas) as a feature of its design.  I first saw this term used in The Dallas Morning News a few months ago and have heard it used by people in presentations twice since then, so this … (0 comments)

Welcome to Real Estate Word-a-palooza! Anyone have a Dictionary? - 04/11/08 10:09 PM
To sell real estate in Dallas it used to be the words and terms you needed to know were common ones like condominium, townhouse, Tudor, soft-contemporary.  In some parts of town (especially some historic districts) you needed to know the names of the important architects who designed homes that were built there.  In recent years we have added a bunch of terms that related to "green" living.  To be knowledgeable, you always had to know your vocabulary and the significance of what it all meant but it was fairly straight forward and slow to change.
Dallas Real Estate has evolved in recent … (4 comments)

The magic number. Pricing your home psychologically. - 04/10/08 09:25 PM
Apparently pricing strategy is not limited to choosing the right price range but also choosing a price that makes people think they are not spending a lot.
According to a recent research study done by a team at Cornell University people associate large rounded numbers (such as those ending in "000") with large costly purchases while they associate more precise pricing with lower cost items.  What's the point?  The study said that comparing two houses, one priced at $485,000 and the other priced at $484,700 the house priced at $484,700 would sell for approximately $1,380 more.
Buyer clients have asked me before if … (5 comments)

We need more Martha's! - 04/10/08 01:26 AM
It has been a LONG day.
I have spent the past few of weeks working with a young couple who are first time buyers on a good sized transaction.  Throughout the transaction on the other end of the phone or e-mail was Martha, the listing agent with another brokerage who has many more years of real estate experience than my 4 years.
Today was the final day of my buyers' option period and after protracted negotiations they decided that they wanted to terminate their contract to buy Martha's client's house.  I dreaded sharing the news with Martha.  She has been very nice … (11 comments)

 
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Steve Shatsky - Dallas Real Estate & Short Sale Specialist (214)213-0340

Dallas, TX

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