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Addison, TX Real Estate News

By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Real Estate Market Report for Addison, Texas: February 2014 Residential Real Estate For Sale in Addison Texas The total number of available residential properties for sale in Addison, Texas is 41 (up from 34 last month). Currently for sale, there are: 9 single family homes (4 are in option). 1 half-duplex (it is in option). 21 condos (4 in option). 10 townhomes. 15 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 75 days, as of the end of the month, down from 114 days last month. New listings in February Twenty four homes came on the market in Addison, TX in January 2014 (up from 20 the previous month). Subdivision Street Bed/Bath/Gar Sq Ft Price CONDOS         Aventura Addison Circle 3/2.1/2 1957 $275,000 A...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Everything You Ever Wanted to Know About Addison & Weren't Afraid to Ask! Addison residents are invited to participate in the 2014 Addison Citizens Academy. This is a sort of bi-annual event and many of the past and future leaders of the Town are graduates of this program. When I participated in the program, we got to see things in Addison that many of us take for granted and/or didn't know existed. We went into the base of the original water tower, went behind the scenes and under the stage at the Watertower Theatre, got to see the inside of the jail, toured the pump station on Celestial Road, visited with the firemen at Fire Station #2, went up into the control tower at Addison Airport, and had other adventures. To quote our new City Manager, Lea Dunn: "Cities and towns have a saying:...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Home sales in the Addison area were up 16% in December 2013 compared to last year, with 125 homes selling this month. So far this year, overall home sales have increased 31%, with 1,859 homes sold. New Addison real estate listings decreased 15% from last year, with 72 homes listed this month. For the year-to-date, home listings have increased 6%, with 2,293 homes listed. The number of current listings under contract this month was down 5%, at 83 homes. Listings under contract for the year-to-date have increased 29%, with 1,861 homes under contract. Click here for the Addison Home Values Report. Addison Home Values Report Register online for monthly home value updates on your city and neighborhood, automatically emailed to you.  
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Addison Pacesetters Learn About Group Travel Opportunity 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, Chris Keith, with Collette Vacations, spoke to us. Here are some tidbits from his discussion and the Q & A session that followed: Collette Vacations is based in Rhode Island, but Keith is local - out of Granbury, Texas. The company is a 4+ to 5 star tour operator. Chris has been with the company for 7 years. The Addison Pacesetters have an opportunity to join the Autumn in New England tour, October 3-9, 2014. Highlights include Boston, Salem, House of Seven Gables, Norman Rockwell Museum, Apple Orchard, Southern Vermont, Bennington, Vermont Farm, Ver...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Real Estate Market Report for Addison, Texas: January 2014 Residential Real Estate For Sale in Addison Texas The total number of available residential properties for sale in Addison, Texas is 34 (up from 28 last month). Currently for sale, there are: 5 single family homes (2 are in option). no half-duplexes. 18 condos (3 in option). 11 townhomes (5 in option). 22 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 114 days, as of the end of the month, down from 115 days last month. New listings in January Twenty homes came on the market in Addison, TX in January 2014 (up from 7 the previous month). Subdivision Street Bed/Bath/Gar Sq Ft Price CONDOS         Aventura Addison Circle 2/2/2 1905 $268,500 Aventura Ad...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Addison Texas Home Sales were up 41% in October 2013 over the same month last year with 155 homes selling this month! So far this year, overall home sales were at 1,632 homes sold, a 36% change from this time last year. New Addison Texas Real Estate listings changed 4% for the same period last year with 158 homes listed this month. So far this year, ovferall home listings underwent a 8% change with 2,105 homes listed. Current listings pending sale this month underwent a change of 3%, with 123 homes contracted. All listings under contract for the year to date experienced a change of 34%, with 1,673 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, automatically e...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Addison Texas Home Sales were down 20% in November 2013 over the same month last year with 89 homes selling this month! So far this year, overall home sales were at 1,731 homes sold, a 32% change from this time last year. New Addison Texas Real Estate listings changed -20% for the same period last year with 115 homes listed this month. So far this year, overall home listings underwent a 7% change with 2,220 homes listed. Current listings pending sale this month underwent a change of -11%, with 93 homes contracted. All listings under contract for the year to date experienced a change of 31%, with 1,768 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
(HomeSmart Stars)
Real Estate Market Report for Addison, Texas: December 2013   Residential Real Estate For Sale in Addison Texas   The total number of available residential properties for sale in Addison, Texas is 28 (down from 41 last month). Currently for sale, there are:   6 single family homes. no half-duplexes. 16 condos. 6 townhomes. 21 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 115 days, as of the end of the month, up from the 95 days last month.   New listings in December   Seven homes came on the market in Addison, TX in December 2013 (down from 16 the previous month).   Subdivision Street Bed/Bath/Gar Sq Ft Price CONDOS         Aventura Addison Circle 2/2.1/2 2384 $319,500 La Mirada Proton 3/2.1/1 1473 $179,...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Addison Pacesetters Learn About Meeting Space in Addison 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, Elizabeth Kaminski, sales coordinator for meeting space in the Addison Conference Center and Visit Addison, spoke to us. Here are some tidbits from her discussion and the Q & A session that followed: Elizabeth worked in the Box Office at Addison's WaterTower Theatre for 7 years before switching to her current position, almost 3 years ago. She replaced Gretchen, who retired. She is responsible for renting meeting space at both the Conference Center and at Visit Addison. Weekdays, the spaces are usually rented by corporations for meetings and parties. ...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Residential Real Estate in Addison, Texas: November 2013 Market Report:   Residential Real Estate For Sale in Addison Texas   The total number of available residential properties for sale in Addison, Texas is 41 (up from 40 last month). Currently for sale, there are:   13 single family homes (2 are in option). 3 half-duplexes (2 in option). 20 condos. 5 townhomes. 27 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, the same as last month.   New listings in November   Sixteen homes came on the market in Addison, TX in November 2013 (up from 12 the previous month) and 4 are already under contract.   Subdivision Street Bed/Bath/Gar Sq Ft Price CONDOS         Aventura Addison...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
"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
(HomeSmart Stars)
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
(HomeSmart Stars)
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
(HomeSmart Stars)
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
(HomeSmart Stars)
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
(HomeSmart Stars)
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
(HomeSmart Stars)
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
(HomeSmart Stars)
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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