In the News

Warren Buffet Buys Allie Beth Allman & Associates Realtors

For all of our clients and friends hearing the news that Warren Buffet purchased our firm Allie Beth Allman & Associates and wanting to know what to expect going forward:

“I’m so pleased to be the first real estate company in Texas to share the Berkshire Hathaway brand, which stands for financial strength, integrity, and operational excellence. Our core values are the same. We will be able to innovate faster, expand our reach, and have the opportunity to offer integrated real estate services. We will also have access to referrals from the Home Services of America network of independent companies. There won’t be any changes – our name stays the same, our team stays the same, our office location stays the same. This is a fantastic win/win for our agents and our clients.” – Allie Beth Allman

http://bizbeatblog.dallasnews.com/2015/11/warren-buffett-buys-dallas-allie-beth-allman-associates-realtors.html/

Featured article about Doris Jacobs on Bubblelife.com!

Doris Jacobs is Allie Beth Allman & Associates’ 2014 #1 Top Individual Producer with $50+ million in sales. This is an honor Doris has held 11 TIMES since the firm’s conception in 2003. The achievement was recently announced by Pierce Allman at the firm’s 2014 Awards Breakfast, which was held on Thursday, February 12th at Dallas Country Club.

http://parkcities.bubblelife.com/community/parkcities_reporter/library/3569771/key/35707060/Doris_Jacobs_is_Allie_Beth_Allman_Associates_2014_1_Top_Individual_Producer_with_50_Million

Doris Jacobs is Allie Beth Allman & Associates’ 2014 #1 Top Individual Producer!

We are thrilled to announce that Doris Jacobs is Allie Beth Allman & Associates 2014 #1 Top Individual Producer with over $50+ million in sales, an honor she has received 11 TIMES since the firm’s conception in 2003.

Thank you to our fabulous clients for your continued support throughout the years and in 2015!

IMG_2496Mom, Dad, Duke, ABABA Award 2015 Family

Doris Jacobs Markets Fabulous Greenway Parks Historical Tudor on a Gorgeous 78′ x 157′ Corner Lot

http://parkcities.bubblelife.com/community/parkcities_reporter/library/3569771/key/35710682/Doris_Jacobs_Markets_Fabulous_Greenway_Parks_Historical_Tudor_on_a_Gorgeous_78_x_157_Corner_Lot

Doris Jacobs Presents Stunning Old Highland Park Neo-Classical Estate across from Dyckman Park

http://parkcities.bubblelife.com/community/parkcities_reporter/library/3569771/key/35710531/Doris_Jacobs_Presents_Stunning_Old_Highland_Park_Neo-Classical_Estate_across_from_Dyckman_Park

Read the January 5th Allmanac for the latest news in Dallas real estate.

Dallas: DFW homes sales have leveled, but homes priced at $1 million and above rose 15% in 2014, according to new TAR data. Economists at the A&M Real Estate Center say the state’s economic growth is propelling the luxury home market. Currently about 880 DFW homes are listed for above $1 million. Allie Beth Allman & Associates sold 290 million-plus homes in 2014.

Read the October 10th Allmanac for the latest news in Dallas real estate!

Dallas: DFW home sales rose 6% in September over a year ago. To date, 69,216 single family homes have sold in North Texas, a 1% drop from 2013. In September, 7,841 DFW homes sold, according to NTREIS data. Median prices were up 8% and inventory is down 10%.

 

$215 Million Resort will bring world’s longest indoor ski run to North Texas

If all goes according to plan, the Dallas suburb of Grand Prairie will have a grand new addition in 2018. Dubbed The Grand Alps, the $215 million development is an indoor ski resort and hotel that will sit on a massive, 350,000-square-foot property off Interstate 30 and Belt Line Road.

http://dallas.culturemap.com/news/real-estate/10-14-14-indoor-ski-resort-grand-prairie-alps-hard-rock-restaurant/?utm_source=dailydigest&utm_medium=email&utm_campaign=cmpgn-2014-10-15

The Grand Alps is slated to open in 2018. Courtesy photo

The City of Grand Prairie announced the news in an October 14 release, detailing the artificial winter wonderland that will soon await paying customers.

There will be beginner, intermediate and expert ski runs, in addition to ice climbing, luge track and Olympic half pipe.

A snow dome will house the longest indoor ski run in the world, which will be more than 1,900 feet in length. There will be beginner, intermediate and expert runs, in addition to ice climbing, luge track, Olympic half pipe and snowboard courses, and general snow play areas.

The ski resort will be integrated with a Four Diamond Hard Rock Hotel and Restaurant. The hotel will contain 300 rooms, two restaurants, retail stores, and a rooftop pool and deck capable of hosting live music events. Within two years, the developer must build a second hotel or double capacity.

In the release, Grand Alps Resort co-chairman Sherman Thurston called the Hard Rock Hotel “the icing on the slopes.”

“The Grand Alps will be a summertime favorite for Texans who want to escape the summer heat and enjoy a usually seasonal only sport,” Thurston said.

Construction on the hotel and ski facility is slated to begin in January 2015, with hopes of opening in 2018. According to the release, the City of Grand Prairie’s investment includes the land and very generous tax breaks, including 100 percent real estate tax abatement for seven years and 75 percent hotel tax rebate for 10 years.

The city estimates more than 1.3 million annual visitors to the venue and the creation of around 2,000 jobs. The total cost of the project is expected to reach $400 million by 2018.

“The entire area is proud to be home to the first Hard Rock Hotel in Texas,” Grand Prairie Mayor Ron Jensen said. “The Grand Alps will be a great new addition to our well established tourist business.”

Read the July 5th Allmanac for the latest news in Dallas real estate!

DC: Dallas and Austin are amount the 10 best US cities positioned for increases in home buying from Millennials, according to a recent NAR study, which analyzed 100 Metro areas with a large Millennial (under age 35) presence.

Dallas: SMU Boulevard, formerly known as Yale Boulevard, will get a $3 million makeover from Central to Greenville. That piece of the road is part of University Crossing, a new 122-acre public improvement district east of Central bounded by Lovers Lane, Mockingbird Lane and Central.

Read the July 18th Allmanac for the latest news in Dallas real estate!

DC: The combined value of housing units in the US is around $26 trillion, more than the combined GDP on the entire European Union. Nationwide prices are expected to increase 4% this year. The real estate industry employs about 1.4% of the working civilian population. 84% of real estate firms are independent, non-franchised companies. Allie Beth Allman and Associates through May has sold 45% of the $1M homes in Dallas County. The firm has 10 of the 13 top sales in Park Cities; 3 of the top 7 in Preston Hollow and North Dallas; and 9 of the top 12 in Turtle Creek/Uptown. The locally owned firm continues as the single office company leader in listings and sales in Dallas county.