The Grapevine Mills Mall is getting a $12 Million dollar Legoland.
They say it’s a “2 to 3 hour experience.
I know I will have to see this for myself.
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27Oct
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23Oct
I thought this was an interesting local story. A new Dallas Cop wrote a citation for not being able to speak English. The problem is that there is not law against not being able to speak English. You would think that most intelligent people would know that this isn’t illegal.
More importantly, I find, was a quote at the end of the article. Reporters interviewed the daughter of the woman receiving the citation. She said her mother was very upset about that the ticket and that they “ended up taking her to the emergency room because she was so nervous”.
I hope I am not the only person that can highlight a serious issue here. Emergency room visits are expensive, and I can assure you that these people didn’t leave with a bill in hand. So Dallas residents will be paying for that visit.
Emergency rooms are for emergencies. Of course I have let my feelings be known in the past. I do find it interesting that Dallas News chose to disable comments on that particular post.
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21Oct
Some time ago I wrote about HD Homes; and wondering what this new entity was all about. As far as I could HD was simply a branch of Village Homes.
Turns out HD Homes has an identifiable plan. It looks like they are taking existing VH lots and moving them in a direction towards sub $350,000 prices. All of this being under their new brand of course.
This is a smart move for several reasons. The first one being that the areas of town they are aiming towards could use some new sub $350,000 properties. The second reason being that this is the market that IS moving. And the third reason is pure marketing, Village won’t chip away at their high end brand equity.
I personally think that Village was getting a little optimistic on their pricing for what they saw as entry level homes. This move proves that the company does have some great vision. Monticello real estate could use some of these more price-palatable residences, but I would also probably develop on the other side of Camp Bowie as well.
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16Oct
Ladies and Gentlemen, the foreclosures are mounting. Is the picture relatively stable in the Dallas Fort Worth area? Yes, for the time being. But as much as I try to paint with rose-colored glasses here, the glass is not half full.
The United States is about to enter a period of inflation and recession. This will be a peak and valley roller-coaster beyond what we have experienced in the past. Real estate is no longer a solid asset (in the US at least). More importantly are commodities. Metals, like copper, and oil will define the best holdings of the age we are now embarking upon. As unsettling as it may seem the currency of the United States is losing its luster and will continue to do so. I don’t care to go into the particulars, but the dollar is a terrible asset. Stocks are not a decent alternative either.
I hate to sound so drab, but I have spent my entire life in commodities and I see the problems at hand. If you are a real estate agent you should probably consider making a switch while you can. Interest rates will soon (maybe 2 or 3 years) kill your business, similar to the phenomena of the 1980’s. If you work elsewhere and you are not worried about your job, you should probably begin to think otherwise. Unemployment isn’t going to be alleviated any time soon and you can rest assured that we are not going to have a quick recovery.
The paradigm is shifting. The government is spending to much money and the rest of the world no longer trusts our currency. The idea that you can continue to live your American suburban fantasy is only a fallacy. The world is simply changing.
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