Addison, TX Real Estate News

By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(United Real Estate)
"Will Your Seller Accept a Contingent Offer?" Any offer is better than no offer, right? Not necessarily. A buyer's agent recently asked if my seller would consider an offer contigent on the sale of her client's current home. Before I could present the question to my seller, I had to find out some information: Is the buyer's home currently listed for sale in MLS? Is there an offer on that house? Has the option period expired? What kind of financing does the buyer of that home have? When is the house scheduled to close? I got the answers and talked to my seller. Since the house of the buyer was not yet listed (it would be on the market in 1-2 weeks), we replied that we would accept a contingent offer only after that house was under contract and out of the option period. Yes, it is a tight...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Addison Texas Home Sales were up 20% in September 2013 over the same month last year with 127 homes selling this month! So far this year, overall home sales were at 1,467 homes sold, a 34% change from this time last year. New Addison Texas Real Estate listings changed 19% for the same period last year with 153 homes listed this month. So far this year, overall home listings underwent a 9% change with 1,947 homes listed. Current listings pending sale this month underwent a change of 61%, with 119 homes contracted. All listings under contract for the year to date experienced a change of 36%, with 1,540 homes under contract for this month. Click here for the full report.. Addison Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes, automaticall...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(United Real Estate)
Turn! Turn! Turn! To Everything There is a Season In Addison, the leaves are turning colors and falling to earth. This autumn has been quite spectacular. The reds seem redder, the yellows more yellow, and oranges, orangier this year. I took the photo above on Beltway Drive, in front of the Hampton Inn.   These trees are on Ledgemont Lane, near the Valley of Bent Tree Condos. Both photos were taken on November 20, 2013 when the temperature was in the 60s. Now, just a few days later, the trees are not quite as leafy nor as colorful due to the cold, the wet, and the wind.
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Looking to purchase a home or refinance using your Texas VA Loan benefits?  The rate you can obtain is a big factor in determining the lender you will choose as well as what your payment will be.   The market can be volatile, and Addison Texas VA Loan Rates many times change daily, and fluctuate sometimes during the course of single a day.   So what factors determine what rate you can get?   All mortgages are backed by bonds, securities that are traded on the open market like stocks. These bonds are what backs the mortgages, including Texas VA Loan products. Mortgage bonds are also called mortgage backed securities.   Just as the stock market can go up and down during a day, so can mortgage backed securities, therefore influencing all mortgage rates including Addison Texas VA Loan Rates...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(United Real Estate)
Vitruvian Lights 2013 Vitruvian Park is a 100+ acre mixed use development in Addison, Texas consisting of apartment living, retail space, parks, jogging paths, and more. Outdoor activities are scheduled year round. As winter draws near, so does the Vitruvian Lights spectacular. On Friday November 29, 2013, Addison Mayor Todd Meier will "flip the switch" at 6:00 PM as the holiday light spectacular kicks-off.   Millions of LED lights on more than 16 dozen shimmering trees create a magical wonderland spread across the 12 acre park. The lights will be on every night through Wednesday, January 1st. In addition to a stroll through the lights, you can sit for a photo with Santa, enjoy a holiday shopping village, watch balloon artists, and dine at the food and dessert trucks (food available for...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(United Real Estate)
Addison Pacesetters Enjoy Early Thanksgiving Dinner. If you're 50+ years young in Addison, Texas and if you belong to the Addison Athletic Club (one time $10 fee for all Addison residents), you're eligible to join the Pacesetters. On November 14, 2013, the Pacesetters gathered at the Addison Visitors Center to celebrate Thanksgiving. The turkey, ham, and non-alcoholic beverages were provided by the town, and each Pacesetter brought a side dish, vegetable or desert. A slide show of photos from various Pacesetter events and activities was projected on a large screen and there was musical entertainment. Based on the number of Pacesetters I saw at the Athletic Club the following morning, I'd guess that we were all working off the delicious meal. Some of the other activities that Addison Pac...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(United Real Estate)
Addison's Women of WaterTower Theatre Get the Word Out Addison, Texas is a small town of approximately 14,000 residents, but that daytime headcount swells to over 10 times that number. How best to get the non-residents who work in Addison to learn about the town? Bring the information to them. On Wednesday, November 13, 2013, several entities with Addison ties joined together in the lobby of Addison's largest office complex, the Colonnade building, on the south west corner of Dallas Parkway and Arapaho Road. The event was organized by Orland Campos, Director of Economic Development for the Town of Addison and his assistant, Ben Magill. In addition to that department, others with a presence in the Colonnade lobby included Addison Special Events, the Metrocrest Chamber of Commerce, Addiso...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(United Real Estate)
Too Much Zip in Addison, Texas? When it comes to zip codes, Addison has too many (and that's my opinion).  The west side of Addison is in the 75001 zip code and the east side is 75254. It wouldn't be so much of a problem, but most of 75254 is within the city of Dallas. And the mailing addresses for everyone in that zip code? Dallas. It gets confusing. You can live in Addison and have a Dallas mailing address. You can own a business in Addison and have a Dallas mailing address. Business owners who really are in Dallas say they're in Addison for the panache. Once every ten years, Addison has the opportunity to try to change this zip code dilemma. And that ten year period is upon us.  The justification packet to determine feasibility was submitted a few months ago to the Postmaster and the...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(United Real Estate)
Addison Holiday Brunch & Open House, 2013 If you are an Addison, Texas resident, the Mayor and the city council invite you and your family to the Addison Conference & Theatre Centre, 15650 Addison Road on Sunday, December 1st from 10:00 am to 2:00 pm for the annual Holiday Brunch and Open House. Mark your calendars now! In addition to brunch (catered in past years by Blue Mesa), there will be complimentary photos with Santa & Mrs. Claus, holiday music & entertainment, and children's arts & crafts. The dress is casual or holiday attire.  Please RSVP by November 27, 2013 if you plan to attend. If you are not an Addison resident and would like information about moving here, let me know!  There are all kinds of housing options, from apartments for rent to condos, townhouses, duplexes and si...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(United Real Estate)
Addison Pacesetters Learn About Addison's Landscape Architect Addison Pacesetters (Addison, Texas residents 50+ years of age) meet the first Wednesday of each month at Dunn Bros. on Belt Line Road and learn about the Town of Addison. This month, Michael Kashuba, Addison's landscape architect, spoke to us. He's in the Parks Department. Here are some tidbits from his discussion and the Q & A session that followed: Michael's position was created in January, 2013. He visited Addison's Beckert Park while he was working on his Master's Degree 10 years ago and is thrilled to now be working in Addison. He works with existing commercial property owners, helping them meet town ordinances and looks at plans for new businesses. Code enforcement is part of his responsibilities. Michael works with th...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(United Real Estate)
Residential Real Estate in Addison, Texas: October 2013 Market Report: The total number of available residential properties for sale in Addison, Texas is 40 (down from 42 last month). Currently for sale, there are: 16 single family homes (2 are in option). 3 half-duplexes. 15 condos (1 in option).          6 townhomes. There is residential lot for sale, and it is in option. 28 homes have been on the market for longer than 30 days. The average number of days on the market for the “active” status homes is 95 days, as of the end of the month, up from 89 days last month. New listings in October 12 homes came on the market in Addison, TX in October 2013 (the same number as the previous month) and two are already under contract. Subdivision Street Bed/Bath/Gar Sq Ft Price CONDOS         Avent...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(United Real Estate)
Trick or Treat This Halloween in Addison, Texas 2013. The fourth annual Trunk or Treat and Halloween Bash event is coming up on Wednesday, October 30, 2013 at the Addison Athletic Club. There will be a bounce house, special entertainment, games, refreshments and candy at the Bash. If you are an Addison Texas resident, you can help by volunteering for the party, bringing baked goods for the cakewalk, or by decorating the trunk of your car and handing out candy to the Addison trick-or-treaters. This is a FREE event for the Trunk or Treat decorators, with prizes for all the contestants and a grand prize for the 1st place trunk decorator winner. Previous years Trunk or Treat decorating themes included a castle, nautical scenes, 70's tie-dyed era, and The Wizard of Oz, among others. The Hall...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(United Real Estate)
Shakespeare in Addison, Texas. "What's gone and what's past help should be past grief" (Act III, Scene II). Sage advice from the Bard! Winters Tale will be performed by the Dallas Shakespeare in the Park cast October 9-13 in Addison Circle Park, Addison TX.  General admission is $10, and $7 for students and seniors. Free for children under 10.  Showtime is 8:00 pm.  Tickets can be purchased at the gate or through ShakespeareDallas.org. On Wednesday, the performance is FREE, but a $10 donation is requested. If you join Shakespeare Dallas ($40 membership for individuals), you get into ALL the performances for FREE.  In addition to Addison Circle Park, Shakespeare Dallas performs at Samuell Grand Park in Dallas. Bring the whole family to see A Winters Tale at Addison Circle Park! The park ...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(United Real Estate)
Addison Fire Department Open House, 2013 It's Fire Prevention Week! To celebrate, the Addison Fire Department will be hosting an open house at Fire Station #2 on Saturday, October 12, 2013, from 1:00 pm until 4:00 pm.  This open house is is for all residents and businesses in Addison, Texas.  Visit with the fire fighters Tour the fire station View displays of the latest tools and equipment Members of the Fire Prevention Division will discuss: Fire safety tips Home evacuation plans Residential sprinkler systems Bring the whole family, meet your Addison Fire Department members, enjoy the cotton candy, popcorn and beverages! There will be a bounce house, glitter tattoos and balloon artistry, too.   Fire Station #2 is located at 3950 Beltway Drive, next to the Addison Athletic Club.
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(United Real Estate)
Addison Pacesetters Learn About Addison's Water Billing. Addison Pacesetters (Addison, Texas residents 50+ years of age) meet the first Wednesday of each month at Dunn Bros. on Belt Line Road and learn about the Town of Addison. This month, in a double header with Battalion Fire Chief Chuck Taylor, Jose Miranda spoke to us. He's in the Finance Department. Here are some tidbits from his discussion and the Q & A session that followed: Jose moved here from Mexico at the age of 26. He got his citizenship in 1999. He joined the Town of Addison in February, 2013. Part of his job in the Finance Department is to process the water bills and to send the disconnect notices. Next month, the first Wednesday is November 6th. Come out and join the Addison Pacesetters at Dunn Bros. and learn about the ...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(United Real Estate)
Addison Pacesetters Learn About Addison's Fire Department. Addison Pacesetters (Addison, Texas residents 50+ years of age) meet the first Wednesday of each month at Dunn Bros. on Belt Line Road and learn about the Town of Addison. This month, Battalion Fire Chief Chuck Taylor spoke to us. Here are some tidbits from his discussion and the Q & A session that followed: The Chief started in Addison in June, 1985. The relationships between the fire department and other Addison departments - like one big family (a family where everyone likes each other). If you need your blood pressure checked, you can go to either fire station. They will log the results and follow strict privacy proceedures. The Town has been doing smoke detector battery replacements in October for over 20 years. CPR courses...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(United Real Estate)
Real Estate Market Report for Addison, Texas: September 2013   Residential Real Estate For Sale in Addison Texas The total number of available residential properties for sale in Addison, Texas is 42 (down from 50 last month). Currently for sale, there are: 16 single family homes (1 is in option). 2 half-duplexes (1 in option). 14 condos.       9 townhomes (1 in option). There are also 3 residential lots for sale (1 pending, 1 in option). 33 homes have been on the market for longer than 30 days. The average number of days on the market for the “active” status homes is 89 days, as of the end of the month, up from 67 days last month. New listings in September Twelve homes came on the market in Addison, TX in September 2013 (down from 21 the previous month).   Subdivision Street Bed/Bath/Ga...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(United Real Estate)
Meridian Square Condo Flats Update: Fall 2013, Addison Texas. Savannah Homes is building condo flats in Addison, Texas in the Meridian Square subdivision.  The first building, with 9 units, is under construction.  Addison seniors are anxiously awaiting these "condo flats" with garage parking.  Each of the three condo buildings will have an elevator, and once inside the building, the living space is all on one level. The outside walls are up for the first building. All current buyers have submitted their plan changes and they have been finalized. Color selections are complete. The contractor is in the electrical rough stage (wiring) and will be in city inspections soon. As soon as the inspections are complete the sheetrock will begin. At that time, closing dates and move in dates will be...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Addison Texas Home Sales were up 38% in August 2013 over the same month last year with 196 homes selling this month! So far this year, overall home sales were at 1,328 homes sold, a 34.5% change from this time last year. New Addison Texas Real Estate listings changed 18% for the same period last year with 225 homes listed this month. So far this year, overall home listings underwent a 8% change with 1,794 homes listed. Current listings pending sale this month underwent a change of 12%, with 155 homes contracted. All listings under contract for the year to date experienced a change of 33.5%, with 1,408 homes under contract for this month. Click here for the full report.. Addison Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes, automatical...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(United Real Estate)
Addison Pacesetters Learn About Addison's Management Analyst. Addison Pacesetters (Addison, Texas residents 50+ years of age) meet the first Wednesday of each month at Dunn Bros. on Belt Line Road and learn about the Town of Addison. This month, Chelsea Gonzalez, a Management Analyst, spoke to us. Here are some tidbits from her discussion and the Q & A session that followed: Chelsea is originally from Florida. She graduated from Southeast University in Florida and got her MA in Public Adminsitration at the University of North Texas. She worked in the City Manager's office in Kennedale before coming to Addison. She is a generalist in Management Analysis and is responsible for analyzing street repairs, airport roofs, and employee benefits. Purchases under $50,000 go through a sealed bid p...
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