Real Estate Market Report for Addison, Texas: September 2015Residential Real Estate For Sale in Addison TexasThe total number of available residential properties for sale in Addison, Texas is 29 (up from the 16 last month). Currently for sale, there are: 19 single family homes (ranging in price from $179,500 to $2,599,000) 1 half-duplex ($258,000) 4 condos ($254,000 - $339,000) 5 townhome ($339,900-$449,900) Nineteen of the 29 available homes above have been on the market for longer than 30 days. Four of these are $1M+ homes, on the east side of the Tollway.The average number of days on the market for the “active” status homes is 56 days, down from 73 last month. The median number of days on the market is 27, down from last month’s 37 days. Homes are still selling FAST. New listings in ... 10/08/2015

Do I Have To Fill Out A Seller Disclosure Notice For My Addison, Texas Home?If you're planning on selling an Addison, Texas home, or a home anywhere in the State of Texas for that matter, the answer is probably "Yes."Here are the exceptions to the requirement. No Seller Disclosure Notice is required if the transfer is: pursuant to a court order by a trustee in a bankruptcy to a mortgagee by a mortgagor or successor in interest by a mortagee or beneficiary under a deed of trust who has acquired the real property by sale conducted to a power of sale under a deed of trust or a sale pursuant to a court ordered foreclosure or someone has acquired the real property by deed in lieu of foreclosure by a fiduciary in the course of administration of a decedent's estate, guardianship, conservatorsh... 09/20/2015

Real Estate Market Report for Addison, Texas: August 2015Residential Real Estate For Sale in Addison TexasThe total number of available residential properties for sale in Addison, Texas is 16 (down from the 24 last month). Currently for sale, there are: 11 single family homes (ranging in price from $299,900 to $1,999,900) No half-duplexes 4 condos ($150,000 - $261,999) 1 townhome ($339,900) Seven of the 16 available homes above have been on the market for longer than 30 days. Three of these are $1M+ homes, on the east side of the Tollway.The average number of days on the market for the “active” status homes is 73 days, up from 62 last month. The median number of days on the market is 37, up from last month’s 27 days. Homes are still selling FAST. New listings in AugustOnly 13 homes came... 09/06/2015

Addison Pacesetters Learn About New Projects In AddisonAddison 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, the town's landscape architect, spoke to us. Here are some tidbits from his presentations and the Q & A session thatfollowed: The playground at Les Lacs Park will be overhauled. The existing structure was erected in 1996. Shade will be provided, the playground improved and updated. A new surface that stays cool will be used and there will be increased accessability, not only for children, but for grandparents, too. The pea gravel that is there will be moved to the airport. Ground breaking is scheduled for August 17th. The Beltway/Proto... 08/09/2015

Real Estate Market Report for Addison, Texas: July 2015Residential Real Estate For Sale in Addison TexasThe total number of available residential properties for sale in Addison, Texas is 24 (up from the 18 last month). Currently for sale, there are: 15 single family homes (ranging in price from $200,000 to $1,999,900) No half-duplexes 6 condos ($150,000 - $317,000) 3 townhomes ($334,900 - $545,000) Eight of the 24 available homes above have been on the market for longer than 30 days. Two of these are $1M+ homes, on the east side of the Tollway.The average number of days on the market for the “active” status homes is 62 days, down from 91 last month. The median number of days on the market is 27, down from last month’s 35 days. Homes are selling FAST. New listings in JulyTwenty-three hom... 08/01/2015

Mosquitoes carrying the West Nile virus have been found in Addison, Texas.The Town of Addison will be spraying the Les Lacs and the Midway Meadows areas on Wednesday and Thursday mornings (July 22nd & 23rd, 2015) between 5:00 am and 6:30 am.Although the pesticide used by the town is reported to be safe, all residents are encouraged to avoid contact with the chemicals.For more information, check out the town's website.Mary Rosenbleeth, the new Public Communications Manager for the Town of Addison, is spreading the word to the various homeowner associations. Look for additional information on the town's Facebook page. Or contact Mary at 972-450-7032.The Addison Timbers HOA is in Midway Meadows. All residents, please take note!  07/20/2015

Real Estate Market Report for Addison, Texas: June 2015Residential Real Estate For Sale in Addison TexasThe total number of available residential properties for sale in Addison, Texas is 18 (down from the 19 last month). Currently for sale, there are: 12 single family homes (ranging in price from $299,900 to $1,498,000) 1 half-duplex ($289,900) 2 condos ($288,500 - $289,900) 3 townhomes ($334,900 - $355,000) Nine of the 18 available homes above have been on the market for longer than 30 days. Two of these are $1M+ homes, on the east side of the Tollway.The average number of days on the market for the “active” status homes is 91 days, down from 94 last month. The median number of days on the market is 35, down from last month’s 48 days. Homes are still selling FAST. New listings in JuneJ... 07/01/2015

Real Estate Market Report for Addison, Texas: May 2015Residential Real Estate For Sale in Addison TexasThe total number of available residential properties for sale in Addison, Texas is only 19 (down from the 25 last month). This is lowest I've ever seen it. Currently for sale, there are: 10 single family homes No half-duplexes 4 condos 5 townhomes Thirteen of the 19 available homes above have been on the market for longer than 30 days. Two of the “active” homes are incomplete new construction at Meridian Square.  If you want to buy a home *today* in Addison for immediate move-in after closing, you’ve got only 17 choices.The average number of days on the market for the “active” status homes is 94 days, up from 77 last month. This does not include any incomplete new construction. The med... 06/04/2015

If you live in the Addison Timbers Homeowners Association in Addison Texas (or if you'd like to live here), join the newly elected HOA Board of Directors for a social event at the fountain on Tuesday, June 2nd at 6:30 pm.Bring your favorite beverage and a snack. There is some bench seating around the fountain and we'll provide tables. The rest is up to you. Bug spray is recommended!This is a wonderful opportunity to meet your neighbors. There are 104 homes in the ATHOA and we'd be delighted if everyone came, at least for a little while.The fountain is on Le Grande Drive between Winter Park and Beltway.Pets are welcome, too! The 2015-2016 Board of Directors:President: Lorrie SemlerTreasurer: Gene KellySecretary: Kent DomingueLawns: John PriceDirector: Rory Ellis  05/31/2015

Real Estate Market Report for Addison, Texas: April 2015Residential Real Estate For Sale in Addison TexasThe total number of available residential properties for sale in Addison, Texas is 25 (down from the 28 last month). Currently for sale, there are: 11 single family homes 1 half-duplex 9 condos 4 townhomes Sixteen of the 25 available homes above have been on the market for longer than 30 days. Six of the “active” homes are incomplete new construction at Meridian Square.  If you want to buy a home *today* in Addison for immediate move-in after closing, you’ve got only 19 choices.The average number of days on the market for the “active” status homes is 77 days, down from 78 last month. This does not include any incomplete new construction. The median number of days on the market is 34,... 05/04/2015

Real Estate Market Report for Addison, Texas: March 2015 Residential Real Estate For Sale in Addison Texas The total number of available residential properties for sale in Addison, Texas is 28 (up from the 25 last month). Currently for sale, there are: 12 single family homes No half-duplexes 12 condos 4 townhomes Sixteen of the 28 available homes above have been on the market for longer than 30 days. Seven of the “active” homes are incomplete new construction at Meridian Square.  If you want to buy a home *today* in Addison for immediate move-in after closing, you’ve got only 21 choices. The average number of days on the market for the “active” status homes is 78 days, up from 73 last month. This does not include any incomplete new construction. The median number of days is only 31, dow... 04/03/2015

Real Estate Market Report for Addison, Texas: February 2015   Residential Real Estate For Sale in Addison Texas   The total number of available residential properties for sale in Addison, Texas is just 25 (down from the incredibly low of 28 last month). Currently for sale, there are:   6 single family homes (none of them are single-story homes) No half-duplexes 12 condos 7 townhomes   Eighteen of the 25 available homes above have been on the market for longer than 30 days. Nine of the “active” homes are incomplete new construction at Meridian Square.  If you want to buy a home *today* in Addison for immediate move-in after closing, you’ve got only 16 choices.   The average number of days on the market for the “active” status homes is 73 days, down from 109 last month. This does not inc... 03/01/2015

For those who love Southern cooking, Blues and Jazz,  Buttons Addison is the place to be tonight.  One of my favorite musicians, Shelley Carrol, of the Duke Ellington Band, and Verb Culture are presenting "A Night at the Cotton Club."  This is an opportunity to enjoy delicious food and extraordinary music performed by top notch musicians.  For one night only, you will be transported through music to the era of Swing, Duke Ellington, and The Cotton Club. As of this writing,  a few tickets are still available.  I'm headed out the door!  See you there! Button's Addison Shelley Carol "A Night at the Cotton Club" Saturday, February 28, 2015 15207 Addison Road Addison, TX 75201 972-503-2888   02/28/2015

Almost a year ago, I wrote about a new Addison frozen yogurt shop, Sweet Frog. When it first opened, I rejoiced! Finally - a local froyo establishment, and one with the syrupy walnut topping I like, too. Those "wet walnuts" (as we called them back in the New Jersey of my youth) are hard to find. After only a few months, the wet walnuts disappeared from the toppings bar. The staff told me they had changed distributors and the new distributor didn't carry them. I still went to Sweet Frog, but not quite as often. Now, the story has a happy twist. I recently met Jim Hoag and it turns out he's the new owner of  Sweet Frog in Addison (and a couple other locations). When I lamented the loss of the wet walnut topping, he assured me it's back on the toppings bar. The frozen yogurt is self-serve,... 02/14/2015

Real Estate Market Report for Addison, Texas: January 2015   Residential Real Estate For Sale in Addison Texas   The total number of available residential properties for sale in Addison, Texas is just 28 (down from 36 last month). Currently for sale, there are:   12 single family homes No half-duplexes 10 condos 6 townhomes   Twenty three of the homes above have been on the market for longer than 30 days.   The average number of days on the market for the “active” status homes is 109 days, down from 124 last month. This does not include any incomplete new construction. The median number of days is 111, up from the 104-day median last month.       New listings in January   Twelve homes came on the market in Addison, TX in January 2014, up from 11 the previous month.   Subdivision Street... 02/03/2015

For Sale in Addison, TX. This light, bright, single story, zero lot Addison home in the Waterford subdivision has the open floor plan today's buyers want. With wood floors, stainless steel appliances, custom cabinets, gas range, and a bonus room, this little charmer will welcome you in. Several skylights were added and the wall of windows in the living area provide lots of natural light.           Year built: 1991 Square feet: 1,639 Bedrooms: 3 Full baths: 2 Dining areas: 2 Living area: 1 Garage: 2- car attached HOA: none   Located at the end of the quiet street, and steps away from the Addison Athletic Club, this home backs up to a greenbelt. An arbor was added over the patio at the back of the house so you can enjoy the outdoors in the shade. Enjoy the Addison lifestyle, with nearby r... 01/31/2015

  Asbury Circle Real Estate   2014 Year In Review   Fourteen* homes sold in Asbury Circle in 2014. Address BR/Bath List Price Sold $/SqFt DOM** Sold 3900 Amberwood 3/3 ½ $339,900 $137.78 31 5/30/14 3940 Amberwood 3/3 ½ $355,000 $127.40 51 12/1/14 3904 Amberwood 4/3 ½ $324,000 $120.87 61 2/4/14 3916 Amberwood 3/3 ½ $310,000 $131.64 19 2/21/14 3885 Asbury Lane 3/3 ½ $312,400 $124.65 94 7/15/14 3902 Asbury Lane 3/3 ½ $335,000 $125.55 32 12/4/14 3908 Asbury Lane 3/3 ½ $295,000 $123.00 61 2/3/14 3912 Asbury Lane 3/3 ½ $299,500 $127.94 3 2/25/14 3936 Asbury Lane 3/3 ½ $289,900 $127.62 39 2/28/14 3880 Everwood Lane 3/2 2 $319,500 $124.17 92 8/25/14 3886 Everwood Lane 4/3 ½ $281,000 $110.68 29 5/2/14 3890 Everwood Lane 3/3 ½ $323,000 $123.98 101 10/7/14 3892 Everwood Lane 4/3 ½ $320,000 $132.50... 01/22/2015

Towne Lake Real Estate   2014 Year In Review       The residential real estate market in Addison is booming! Here's what happened in 2014 in Towne Lake. Towne Lake, a subdivision of 63 townhomes in Addison, is off Beltway Road, one block south of Beltline and west of Midway Road. Built in 1997-98, the complex has an outdoor pool and clubhouse. Towne Lake is comprised of two and three story townhomes on two streets: Towne Lake and Towne Green. The homes are platted in a figure-eight design, with those on Towne Lake surrounding a small man-made lake.  The area between the two circles is where the pool and clubhouse are located.       Seven* homes in Towne Lake sold in 2014.   Address Bed/Bath List Price Sold $/SqFt DOM** Sold 4152 Towne Green 3/2 ½ $315,000 $156.53 17 6/12/14 4150 Towne ... 01/18/2015

Addison Timbers Homeowners Association Real Estate Year In Review (2014)         The residential real estate market in Addison is booming! Here is what’s going on in our corner of the world.     Six* homes in the Addison Timbers HOA sold in 2014.   Address Bed/Bath List Price Sold $/SqFt DOM** Sold 14703 Le Grande 3/2 $207,000 $137.72 4 2/12/14 14826 Le Grande 3/2 $250,000 $142.63 20 6/17/14 14802 Le Grande 2/2 $220,000 $156.14 0 8/4/14 4112 Leadville 2/2½ $262,000 $158.78 30 8/29/14 4109 Leadville 2/2 $210,000 $149.75 17 9/30/14 4107 Rush 2/2 $218,900 $149.04 60 11/14/14   * Homes that were sold privately, outside of the MLS are not included.                                         ** DOM = number of days on the market       The average sold price was $228,167 and the average sold pri... 01/11/2015

Even in a great sellers market, condos can be a challenge. It's easier when there are cash buyers, but anyone requiring financing can be met with seemingly insurmountable obstacles. Is the condominium complex on the FHA Approved List? If not, sellers can eliminate a huge number of potential buyers: those who are qualified for an FHA loan. For those buyers who are pre-approved for a conventional loan, the lender will obtain enough information to complete a "condo questionnaire" to determine if the complex is warrantable.  Examples of what they're looking for include whether there are enough cash reserves, if any one person or entity owns more than 10% of the units, and if the ratio of owner-occupied vs investment properties is acceptable. In some instances, if the anwers are not acceptab... 01/03/2015