Jan 29, 2009

What Home Buyers want in 2009

Here is my take on what's in and what's out in Dallas real estate for 2009.

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.
[where: 75230]

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