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dallas homes: Dallas homebuyers: I'm feeling fortunate... Are you? - 09/13/08 09:40 PM
When it comes to real estate, Dallas is a city of opportunity.
I regularly interact with other agents from around the country (including my Dad who is a real estate broker in South Florida). In fact, I recently attended an event with over 5000 Keller Williams agents from around the country... and I will admit it, I went in feeling a bit stressed... this event was focused on how to succeed as an agent in the current shifting market and I could feel the shift.
Well, I went in feeling challenged and I came out feeling awfully lucky. I spoke to … (2 comments)
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dallas homes: The Shifting Sands of Short Sales - One Agent's Perspective - 07/17/08 12:47 AM
It has finally happened. The Short Sale shift has arrived and I have seen it.
Working with Short Sale clients I have always been on the receiving end of phone calls from real estate investors. Mostly ones who were flippers, looking to buy a property, throw a minimal amount of (mostly cosmetic) improvements into it, and sell it quickly at a profit.
As the market slowed locally, quick flips became more difficult as inventories and the average Days-On-Market increased to where the economics of the quick flip evaporated faster than $2.00/gallon gasoline. My Short Sale listing inventory increased and they continued to … (6 comments)
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dallas homes: DFW (and Texas) Home Prices are Up… and so are my spirits! - 05/23/08 09:43 PM
It's often difficult, here in Dallas, to be a REALTOR® and also be happy about the local Real Estate news reporting. We suffer, along with many other cities, from a media that is all too anxious to report the doom and gloom of the real estate market. Ironically, when you compare the Dallas real estate market to the national market (and most other similar sized cities) we compare quite favorably... in fact, our market is quite healthy....
...but I don't believe you would get that impression from reading the newspaper. And the problem that causes is that as a REALTOR® when I tell … (0 comments)
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dallas homes: 2 new toilets, save $180... Stop wasting water, Priceless. - 05/01/08 10:38 AM
If your home was built before 1992, Dallas Water Utilities wants to help you to be socially responsible and save water. You can get an incentive of $90 per toilet (up to two per household) by replacing older high-flow toilets with newer low-flow models. Their goal is to save 3.5 billion gallons of water by replacing 20,000 toilets over the next 5 years.
This program started last July and so far roughly 2,000 people have applied. For more information on how this program works, or to apply please visit www.savedallaswater.com. On behalf of the world and its ecosystem, Thank you!
… (0 comments)
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dallas homes: 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)
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dallas homes: 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)
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dallas homes: 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)
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dallas homes: How tall is your REALTOR? - 01/19/08 11:53 AM
There are some days that I manage to find humor in silly things...
I should begin by specifying that my website has a web statistics feature that allows me to see how people found my website, and if they used a search engine, which keywords or search terms they used to find me.
One of the interesting search trends that I have seen lately is people finding my website using the term "Short Realtor". Now I will admit, I am a Short Sale Specialist, so this is not so far fetched, but I remember thinking when I started seeing this in my … (20 comments)
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dallas homes: 80 Days - Not bad! - 01/12/08 03:36 PM
I recently heard on the news that the average time it takes to sell a house in Dallas is 80 days and that the median price of homes has actually risen (very very slightly). Compared to many other markets in the report, Dallas was near the low end of the DOM scale, only Denver was lower. These are positive signs of the strength of the Dallas real estate market! I hope that buyers and sellers take this news to heart the same way that they seem to take the doom and gloom national news so seriously. Based on the market activity I have seen since the holidays I … (4 comments)
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Steve Shatsky - Dallas Real Estate & Short Sale Specialist (214)213-0340
Dallas,
TX
More about me…
Prudential Texas Properties
Address: 3838 Oak Lawn Avenue, Suite 250, Dallas, TX, 75219
Office Phone: (214) 213-0340
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