Thank God We’re In Texas

Posted on April 26th, 2008 12:37am by Candy Evans
Filed under Uncategorized

While interviewing Julia Wellborn, regional president for Wachovia Bank Texas, she tells me that we are fortunate to be here because our economy is not going to hurt as much as other parts of the U.S. will suffer. That lucky horse shoe sentiment is expressed by a pecan pie company in Houston – their logo: “you might give some serious thought to thanking your lucky stars you’re in Texas. ” Maybe pecan pies carrying that sentiment would make great gifts for anyone whose home is on the market — in Texas.

2 Comments to “Thank God We’re In Texas”
  • SellerBuyer @ April 27th, 2008 at 1:36 pm

    not related to this post but I noticed something odd in the listings lately and wanted to know what you think.
    There are a few listings that have increased their prices recently.
    Mainly, one in Farmers Branch was listed a couple of months ago for 699K, now it’s listed for 779.
    Another in far north Dallas was listed at 700K, now listed for 800K (but updated to say they will now pay for a custom pool - although I don’t think they are planning for a 100K pool to justify the price increase). What is going on? Are homes selling for more $ than expected, is that why listing prices are going up and/or homes relisting for a higher price?
    Thank you.

  • GMOM @ April 29th, 2008 at 11:15 am

    Maybe it’s a phychological ploy, jack up the price and when buyer offers a lower price(the one the seller started with), the seller gets the price they needed and the buyer thinks they are getting a bargain?

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DallasDirt is a daily discussion and dissention of the Dallas-Fort Worth real estate market, led by D Home Real Estate Editor Mary Candace Evans with contributions from real estate experts and aficionados. Topics include house porn, hot neighborhoods, hot agents, hip pockets, celebrity listings, second homes, vacation homes, real estate trends, data analysis, tips for buying, selling, or staying put. If DallasDirt were a house, it'd be a three-bedroom, two-and-a-half-bath ranch transitional on a quarter acre lot with stainless kitchen and granite countertops: sophisticated with designer touches, room for expansion. Make an offer.
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