Here is my take on what's in and what's out in Dallas real estate for 2009.
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What's In
- Colors: Parchment white, cashmere yellow, radiant golds
- Property tax appeals
- Architectural garage doors
- Energy efficiency
- Refurbished appliances from the 1940s to 1960s in bright new colors
- Pre-wired or wireless high tech everything - lights, electronics, water features.
What's Out
- Track lighting & brass fixtures.
- Fixer-upper homes. Homes in move-in condition are selling well.
- Dated kitchens and bathrooms. Buyers don't want to take on projects.
- Cheap carpet. In Dallas, all carpet is out. Put down a hard surface instead.
- For Sale By Owner properties. They are not serious and they are not good buys.
- Foreclosure & Short Sales. Because they often aren't the bargains they should be.
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