Remember this story about 4500 Lakeside Drive and what used to be there? And then this? Well, I hope you are sitting down and in fact, go pour yourself a dram before you read this. Guess who has decided NOT to build on this most prime choice of land? And guess who has it QUIETLY on the market for $14 million? Yeah, you got it.
This is not as bad as when you get those monthly stock reports showing that all the money you’ve stashed away for retirement is down by 36%. No sir, not that bad at all. Steve Brown reports a decline in Dallas home prices of just over 2% while some Texas cities have actually seen modest increases. Don’t even ask me about the national outlook: it’s Miller Time for builders — those Dom Perignon days a recent memory. As one local home builder told me: no one is picking up a hammer. Even the Russians are having problems. I am starting my appraisal battle file right now — will keep copies of all these stories so just holler if you need. Listen up DCAD: my property taxes should be LOWERED next year, retroactive to November 19, 2008. Got that?
You’ve read the article, here’s what you’ve all been waiting for — the video. PS: we took our shoes off to protect those gorgeous oak hardwood floors.