january2014

ExtraordinaryWelcome the

A heartfelt thank you to our clients for over 30 years

in business and over $80 million in sales in 2013.

Claire DewarSenior Vice President

214.808.6045 [email protected]

Incorporating the love of art, architecture and design

in the business of real estate brokerage.

Invest wIth

The Claire Dewar Teamfor 2014

Here we are welcoming another New Year and an opportunity to enjoy our great blessings. Many

times we look at life in one dimension without consulting all aspects. From my perspective, creating a life is a lot like architecting a home – it takes many angles, textures and colors to enjoy the dwelling. In this issue of PaperCity, we are looking at real estate not just through the lens of

beauty but also through the business model, because we know that for most of us, a home is one of our biggest assets.

In the world of luxury we get to talk a lot about beautiful things, like drive-up appeal, breathtaking home renovations, trends in home décor and the amazing work of interior designers like Emily Summers – please read her article in this section.

In 2013 many estate clients trusted us to sell their extraordinary properties. We recently learned that in the top 15 estate sales in Dallas, Briggs Freeman Sotheby’s International Realty had the privilege of selling 10 of these premier homes.

On the national front, there’s been plenty of discussion, and more than a little handwringing, aimed in the direction of our

national leaders. As I mentioned in an article recently featured in The Wall Street Journal,

relocations have remained relatively robust in our area, and there still are not enough homes available for the number of people looking to buy. And when you consider the positive quarter after quarter momentum seen in the DFW area, we are clearly above the national average and in a much different category of real estate trends.

We feel very fortunate that we are able to assist people in finding and purchasing a home that is both a great place to live and a wise investment. I invite you to read this PaperCity issue, dig into the numbers, and you’ll see that this is a great time to buy. And if you have any questions, please feel free to contact me or one of our experienced and knowledgeable agents.

We wish you great tidings in the New Year.

We feel very fortunate that we are able to assist people in finding and purchasing a home that is

both a great place to live and a wise investment. “

Robbie Briggs

President and CEOBriggs Freeman Sotheby’s International [email protected]

2014! Ring in

» DFW has a competitive cost of living and strong diverse business climate » Noted as one of the best quality of life areas to live » DFW continues to attract population (4th most populated metro area in the US) and

investment (6th largest economy in the US) with excellent distribution infrastructure, a high concentration of technology headquarters and above average population gains

» DFW economic growth is strong with a GDP of $380 billion » Great neighborhoods with affordable housing » Financially sound municipalities » Vibrant downtown with housing retail, arts and green space » Strong regional economic development offices » DFW is a top 5 metropolitan city in job growth with an estimated 3.5% increase in 2013 » Dallas is one of the few metro areas in the country where home prices have risen above their

pre-crisis peaks (by 5%)

OPPORTUNITIES

Let’s start the New Year with a S.W.O.T. ANALYSIS OUTLINING THE STRENGTHS, WEAKNESSES, OPPORTUNITIES AND THREATS FACING THE BUSY DALLAS REAL ESTATE MARKET

STRENGTHS

» Economic strength of the region makes this a good time to relocate to Dallas, find a job and buy a home » Variety of architecture, neighborhoods and prices make it easy to find the perfect spot » Corporations looking to move into the DFW area » Demand for homes will remain powerful with Dallas annual home sales up 22% YTD in 2013 which is

good news for sellers » Prices expected to remain strong with fewer distressed sales, a positive for buyers and sellers as they can

expect their home to be a good investment » Builder activity gives home buyers the ability to build a custom home » Regional vibrancy makes investing in real estate a good option for the long-term » Demand for rental properties has led investors to buy thousands of homes that will help boost rents

along with resale prices

WEAKNESSES » Higher construction and labor costs increase prices of new homes » Low inventory for new construction » Many do not understand the sophistication of the region » Fast-paced market requires quick action and expertise in

developing successful contracts

» Overall economic recovery still slow growing » Despite Americans having credit capacity again,

lenders slow to lend » Regulatory uncertainty and political risk

continue to fuel indecision

THREATS

Briggs Freeman Sotheby’s International Realty Welcomes

Lea Anne LaughlinProviding the Extraordinary from Museum Tower and Beyond

214.697.7447

[email protected]

Circle Y Ranch, Denton County | 357 acres | $14,800,000

Concho Ranch, Kaufman County | 257 acres | $4,750,000

Bosque Canyon Ranch, Bosque County Own part of 3,745 acres/starting at $385,000

David Burgher Ranch and Land Division214.213.8715 [email protected]

ExtraordinaryExpect the

4508 North Versaille Ave. | $2,395,000Oversized 75 x 158 Lot5038 Deloache Ave | 1.6 acres | $2,500,000

Doug & Jeanne Shelton214.803.1906 [email protected]

Gigi Potter Salley214.384.9258 [email protected]


6901 Armstrong Pkwy | SOLD | Listed for $895,000

7139 Hill Forest Dr | SOLD REPRESENTED BUYER | Listed for $1,500,000

P R E S E N T S T O D M A C H O V E R ’ S

W H AT I S L O V E W I T H O U T

H U M A N T O U C H ?

POWERSDEATH

and the

Photo: Jill Steinberg

P R E S E N T S

DEATH and the

POWERSTOD MACHOVER

TheBARBER of

SEVILLE GIOACHINO ROSSINI

DIE TOTE STADTERICH WOLFGANG KORNGOLD

FEBRUARY 12 14 15 16m MARCH 28 30m • APRIL 2 5 11 13mMARCH 21 23m 26 29 • APRIL 6m

Don’t miss the rest of our 2013–2014 Season!2-opera subscriptions start at $50!

dallasopera.org • 214.443.1000

Mr. Orth will be playing the part of Simon Powers in the Dallas Opera’s upcoming production of Death and the Powers.

You seem to be everybody’s “go-to guy” when it comes to creating new operas. How did you get that reputation? You’re kind to say that. It’s true that I have been one of the very fortunate ones to premiere some important new works. I think we’re in kind of a golden age of new operas. You’d have to ask the producers and composers why I’ve been chosen. I’m just grateful for the opportunities.

Do you enjoy having the first chance to create a broad range of characters? I love being able to be the first one to create a character. In the traditional repertoire, it can be a little annoying and humbling to be compared to more than a century of recordings. That is not possible with a premiere. And you’re right, it’s been a great pleasure to do everything from comedy, to drama, to romance, and not get stuck in just one of those.

What attracts you to the role of Simon? Other than his mega-billions, we mean? Simon Powers wants to live forever. Who doesn’t? The result brings up lots of questions about what it means to really be alive, what it means to be human, what it means to love. And, ultimately, it may be death that actually gives our lives meaning.

How much of Simon’s character is in the libretto versus a person you have to create? Because Death and the Powers is fiction, I can’t research the character of Simon the way I could, say, Richard Nixon in Nixon in China. And there’s no big book to flesh out the character as there was with Moby-Dick. With Death, it’s all there in the libretto and, don’t forget —in the music. Composers always flesh out the characters with the music.

You and the rest of the cast found The Lighthouse (2012) a really daunting piece of music, but you found footing with the help of returning conductor Nicole Paiement. How crucial is a conductor like Ms. Paiement to the success of contemporary pieces?

A great conductor like Nicole Paiement can make the singers’ job so much easier. When we singers/actors first learn a role, we’re counting like crazy and trying to remember the words and the blocking and actually create the character. A great conductor can help us get out of our heads and begin to feel the music and “dance” it and begin fitting the pieces together. She inspires confidence, and the process becomes much less an intellectual exercise and more like art.

Are you excited at the prospect of entering “The System” and having your mental and emotional state relayed around the world? I’m very excited to bring Simon Powers to life for, what is for me, the first time. It is intimidating to be the new guy in the cast. The rest will have already done it together a number of times. There’ll be a lot of work to do in a very short time. I got to meet the very brilliant and amiable Mr. Machover and his team in Boston this fall where we filmed a lot of Simon’s scene for download into the system. It was very mind-blowing and thrilling. Here we go!

ROBERT ORTHAN INTERVIEWWITH

P R E S E N T S D E A T H A N D T H E P O W E R S

Robert Orth in the Dallas Opera’s production of The Lighthouse, 2012. Photo: Karen Almond

The official airline of the Dallas Opera

Aaron Copland Fund for Music, Inc.

Jeff Eleazer [email protected]

eleazergroup.com

3513 Princeton Avenue | AVAILABLE 3821 Beverly Drive | SOLD 3801 Normandy Avenue | SOLD

Joan Eleazer 214.537.5923 [email protected]

Layne Pitzer 214.202.9998 [email protected]

214.520.4050 • [email protected]

tomhughesdallas.com

SOLD 2013

4301 Belclaire Avenue

3504 Bryn Mawr Drive

4529 Belclaire Avenue

3709 Southwestern Boulevard

3405 St Johns Drive

3300 Stanford Avenue

3505 Purdue Avenue

4500 Edmondson Avenue

3004 Lovers Lane

4039 Holland Avenue

3117 Greenbrier Drive

4432 Southern Avenue

6523 Desco Drive

23 Royal Way

5506 Caruth Boulevard

6723 Sondra Drive

2922 Lovers Lane

3449 Rosedale Avenue

7419 Centenary Avenue

8610 Chadbourne Road

4518 University Boulevard

4202 Normandy Avenue

4425 University Boulevard

4201 San Carlos Drive

4334 Potomac Avenue

4308 Larchmont Avenue

Your Neighborhood.Your Agent.

High-rise living is not a new concept yet more and more Dallasites, both home grown and transplants, are opting for breathtaking tree-top neighborhoods where the size of the view is more important than the size of the yard. Last year the comfort, amenities and convenience of downtown living added up to a 67 percent increase in sales

volume (condominiums in Area 17 and listed in MLS) over the same period in 2012.

Many of these new urban dwellers are drawn to the wraparound views, the convenience of walking to work, the proximity to arts, dining and entertainment. Others want the flexibility of a lock-and-leave lifestyle and luxury amenities that range from pools and fitness centers to spa services and fabulous event planning.

Darcie Bundy and Ken Cohen planned on downsizing from their large Bluffview estate once their daughter left for college. But 16-year-old Devon had another idea. “She told us not to wait. She wanted to experience the fun of urban living in her home town,” said Bundy. “As soon as she made that comment, we started looking for a vertical home.”

Eight years later the couple is still happily ensconced in their 4,800 square foot home at The Vendome. We purposely chose a home on the third floor with balconies all around so that we could overlook the treetops and Turtle Creek,” said Bundy. “Going vertical stretched my day horizontally, meaning I now have much more time to do the things I want to do,” she said. “And my husband says he feels like he got a promotion because there are no more big seasonal bills for yard work and pool maintenance.”

For Dr. Lanette Rees, moving to a glamorous vertical home was something she dreamed about as a child growing up on a red dirt road in rural small-town Texas. So after spending 24 exciting years raising her children in Highland Park, she decided that her

cherished home was best suited to a new family—one with small children to enjoy the large backyard and five bedrooms. She began launching a new chapter, soaring high above the city at her Claridge on Turtle Creek address.

Now, when she looks out across her balcony view she is transported to a very peaceful place. “When I’m in that space, watching the twinkling lights from the city all around, the cars whizzing by on Lemmon and the neighborhoods busy with people doing what they do, it gives me the same sense of peace I have when I am at a beach during winter, watching the ocean, safe from all the power in the sea, but still a part of its energy,” she said.

Beauty, comfort and ease of living are among the many driving factors behind the rising interest in Dallas luxury high-rise neighborhoods, but as in all home buying decisions, location, location, location is a key element.

That convenience factor was important to Susan and Keller Smith who have enjoyed living at the Azure since 2008. The building sits at a prime Uptown location near incredible museums, fabulous dining and easy access to all of North Texas’ unique neighborhoods. “I can get on the Tollway and be at Preston Royal in seven minutes, or I can head over the new bridge and be in Bishop Arts in about 10,” said Susan Smith, who has inspired several friends from their former Preston Hollow neighborhood to venture into urban living. “At first our friends were curious about where we live. Now, four families from our Hockaday days have moved here, too.”

6625 Belmead Drive

SOLD

Christy Berry214.693.1600 [email protected] christyberryrealestate.com

9806 Inwood Rd | $19,500,000

4225 Belclaire Ave | Sold | Listed for $2,795,000

3711 Binkley Ave | $1,225,000

Extraordinary

Expect the

6027 Mimosa Ln | $1,175,000

REACH FOR THE SKY

Going vertical stretched my day horizontally, meaning I now have much more time to do the things I want to do.” Darcie Bundy

2013 Sold4233 Arcady Avenue

Represented Seller

4220 Lorraine AvenueRepresented Buyer

4205 Versailles AvenuePENDING

Representing Buyer

4316 Shenandoah Street Represented Seller

4061 Purdue Avenue Represented Buyer

4316 Emerson AvenueRepresented Buyer

18219 Brighton Green Represented Buyer

HELPING YOU FIND YOUR

Home & Lifestyle.

214.543.6903 | [email protected]

H i g h l a n d P a r k | U n i v e r s i t y P a r k | P r e s t o n H o l l o w | B l u f f v i e w | L a k e w o o d | U p t o w n | D o w n t o w n

J O N A T H A N R O S E N Senior Vice President

214.927.1313

[email protected]

jonathangrosen.com

2013 Transactions

3845 Oak Lawn Avenue Represented Buyer $9,995,000

3704 Alice Circle Represented Buyer $5,749,000

3612 Crescent Avenue Listed & Sold $4,500,000

4000 University Boulevard Represented Buyer $4,000,000

6508 Old Gate Road Listed $3,400,000

4233 Arcady Listed $3,249,000

3915 Euclid Represented Buyer Undisclosed

4236 Bryn Mawr Drive Listed $1,749,000

4132 Shenandoah Street Listed $1,595,000

6314 Lavendale Avenue Represented Buyer $1,549,000

8415 Swananoah Road Listed $1,499,000

2716 Stanford Avenue Represented Buyer $1,349,000

4520 Normandy Listed $990,000

5726 Hanover Avenue Represented Buyer $985,000

4518 Normandy Avenue Listed $890,000

4061 Purdue Avenue Represented Buyer $875,000

3435 Normandy Avenue Represented Buyer $839,000

4312 Santa Barbara Represented Buyer $749,000

7700 Eastern Avenue #705 Listed & Sold $695,000

4507 Normandy Listed $675,000

5435 Ridgedale Avenue Listed $639,000

2811 Hood Street #A Listed $575,000

2811 Hood Street #C Listed $560,000

4623 Lorraine Avenue Represented Buyer $549,000

2811 Hood St Unit B Listed $535,000

2811 Hood St Unit F Listed $479,000

Hugo Place Townhomes 6 Units Represented Buyer $469,000 4 Units Listed & Sold $469,000

5511 Merrimac Avenue Represented Buyer $439,000

5710 Stanford Represented Buyer Undisclosed

2811 Hood Street #D Listed $415,000

5736 Southwestern Represented Buyer $410,000 Boulevard

5723 Bryn Mawr Drive Represented Buyer $400,000

5751 Southwestern Represented Buyer $369,000 Boulevard

5603 Mercedes Avenue Represented Buyer $349,900

5422 Morningside Represented Buyer $339,000 Avenue

4518 University Represented Buyer $325,000 Boulevard #B

7326 Lehigh Drive Represented Buyer $305,000

6435 Glenrose Court Represented Buyer $299,900

4915 W. Hanover Avenue Represented Buyer $299,000

3940 Clover Represented Buyer $289,000

3921 Cortez Drive Listed $179,000

4305 Belclaire Avenue Listed - Under Contract $2,350,000

2811 Hood Sreet #F Listed - Pending $479,000

2811 Hood Sreet #B Listed - Pending $535,000

5630 Greenbrier Under Contract, $1,499,000 Representing Buyer

Over

$50 Million

In 2013

Jamie Adams Brooke Altemore Dixey Arterburn Malinda Arvesen Claire Bailey Jan Baldwin Susan Baldwin Linsey Barnes

Bonnie Besserer Lisa Besserer Holly Bock Deason Jessica Bonanno Trey Bounds Len Bourland Pam Brannon Gretchen Brasch Camille Brennan

Jim Brosche’ Adele Broughton Lucinda Buford Amy Burgher David Burgher Betsy Cameron Michael Campbell Lawrence Cantwell David Carothers

Nancy Dennis Amy Detwiler Claire Dewar Bobby Dhillon Nancy Dunning Tara Durham Diane DuVall-Rogers Jeff Eleazer Joan Eleazer

Terry Cook Tim Cox Amanda Crawford Bryan Crawford Bob Culp Pam Dalton Andrew Danna Elisabeth Queal Davis Bill Dennis

Farrah German Julie Gilbert LeeLee Gioia Anne Goyer Dana Greenberg Derek Gustafson

Bettie Hager Ellen Harbison Amy Harris Natalie Hatchett Cherine Hedge Ann Henry Jim Henry Stacy Hicks Elly Holder

Nancy Holloway Meredith Houston Ann Hughes Tom Hughes Traci Hummel

Gayle Johansen Lucy Johnson James Keoughan ||| Sam Kincaid Shelley Koeijmans Erica Kuppin

Lynn Larson Lea Anne Laughlin Jeffrey Lester Ellen Lewis Lee Lewis Marvin Lowe Brian Luker Nanette Luker

Stephanee Bates Kim Bedwell Betsy Benners Christy Berry

Nancy Carpenter Shelle Carrig Cindy Carter Ilene Christ

Cathy Orr Barton Jean Bateman

Tama Cole Penny CookBill Churchill

Mandy Evans Marisa Farha Jennifer Ferguson Meredith FerrellLisa Evans

Becky Frey

Deborah Arnold

Cristina Fishel Jonathan Flores

Molly Hurt Tiffany Jackson Jerry Jenkins

YOUR TEAM FOR 2014E

xtra

ord

inar

y A

gen

ts

DALLAS214-350-0400

UPTOWN214-353-2500

BALLPARK817-226-4920

RANCH & LAND DIVISION214-353-6600

SOUTHLAKE817-801-3030

(Agents A-L)

ExtraordinaryWelcome

the

214.536.4727 www.BeckyFrey.com

4321 windsor parkway — highland park, texas 4 bedrooms / 4.1 baths / library / study / gameroom / patios / 3 fireplaces / pool / guest quarters / 2 car garage + porte cache Available for $3,299,000This classic Highland Park home exudes the warmth of good times with family and friends. It offers intimate spaces in almost every room, whether it be a window seat, the warmth of knotty pine wood, or peaceful views to the beautiful lawn or pool. This custom-designed home is handsomely situated on a 102’ x 140’ lot on desirable Windsor Parkway.Visit BeckyFrey.com for more photos and details.

– philip johnson

What’s Trending in 2014?Décor and Design

Above, Below and Beyond

Heads Up

2014 will be a year of looking up. Architects are inspiring us to new design

heights with artfully coffered ceilings, repurposed or hand-hewn beams, vaulted

groins, ornate medallions and dramatic moldings. Dallas architect Larry Boerder

has been searching from the Fort Worth stockyards to dusty warehouses as

far away as Pennsylvania to find age-old beams that add just the right dash of rustic

warmth to a new or newly-redone home. He’s also working with local artisans to create

highly detailed, deeply coffered ceilings that add texture and dimension to living and

entertaining spaces. “The ceiling is just another part of the room that can be made to

stand out,” says Boerder. “As an architectural element it’s very important that a ceiling be

authentic and that it be done well. Faux is finished.”

Underfoot

What combines the warmth and richness of

wood with the durability of hard surface

flooring? Porcelain planks made to look like

barn wood, knotty pine and hand scraped

hardwoods. “Dallas is a place where people want to live outside as

beautifully as they do inside,” says Adrienne Morgan, manager for

luxe design destination Patina. “The porcelain planks are just beautiful

and come in sizes up to 36” long and 6” wide. They’re a very popular

choice for places that may have water issues like kitchens, bathrooms

and pool decking.” Also on the top trends list this year are large

format tile (24” x 24”) like Carrara marble. The huge squares minimize

the impact of grout lines.

All Around

No cabbage roses here. Mom’s

wallpaper has been replaced

with updated designs like large

format damask in neutral tones

and bold graphics reminiscent of mid-century

modern. “The patterns are dramatic but the

colors are muted,” says Danna Lockett, CEO

of Texas Paint and Wallpaper, who adds that

paint colors are following the neutral with a

pop trend. “People want light and bright so

pale blues and all shades of white are popular,

especially for kitchens.” Also on trend are

hand-painted papers like the glorious China

scenes created by the renowned artisans

at Gracie, who combine modern living with

legacy craftsmanship. “The process of creating

custom wall covering can be incredibly

personal,” says Jennifer Gracie. “One of the

most appealing aspects of our papers is that

they are timeless and truly one of a kind.”On the Surface

Ceramic tiles featuring a mélange of

Spanish and Moroccan influences,

marble tiles cut and assembled in a

chevron mosaic, Brazilian quartzite

countertops rich with veining, and hand-

poured glass tiles with a wave-like surface are

trending throughout high-end kitchens and

bathrooms. “It’s all about texture,” says Jared

Becker vice president of design for Walker

Zanger. “Rooms are bigger and more open,

so surfaces with texture and color are a great

way to anchor a design element.” Cool colors

like white, dove gray and charcoal add a

sophisticated spin to textured surfaces.

briggsfreeman.com

Groin ceiling treatment designed by Larry Boerder.

Wood grain porcelain tile courtesy of Patina.

Graphic paper by York Wall Coverings.

Hand-painted wall covering by Gracie.

Glass and marble tile courtesy of Walker Zanger.

The TERRY TEAMT h e N a t u r a l S e l e c t i o n

ellenterry.comTodd Terry Ellen Terry214.675.3013 [email protected] [email protected]

3901 Turtle Creek Boulevard # 8 | AVAILABLE 4517 Highland Drive | SOLD | Represented Buyer

4033 McFarlin Boulevard | SOLD 4220 Lorraine Avenue | SOLD


3108 St. Johns Dr. | $1,700,000

Jeannie Nethery214.803.3787 [email protected]

PRICE to Get the Best

A FRESH COAT – Like a woman putting on her makeup, an artfully applied coat of neutral paint shows a fresh face to potential buyers and can take years off a home’s appearance.

CLEAR OUT AND CLEAN UP – Make room for new owners by clearing at least 50 percent of your belongings. A rented storage pod is the perfect place to store knickknacks, seasonal decorations and out-of-season clothes. And be sure that every surface is clean and pristine – especially the carpets.

BUFF UP THE BATHROOMS – Hire a professional to steam, scrub and polish grout and tile. A bathroom should shine like a new penny.

SET THE STAGE – Let’s face it. In this HGTV-inspired world,

buyers expect homes to look like they’ve materialized right out of the pages of a magazine. A stager’s job is not just to make a house look presentable; it’s to make a home appeal to every targeted buyer. Some agents report that the money spent on a stager comes back three-fold.

FIX THE WEAKEST LINK – Invest in improvements that create the biggest bang: Update the kitchen backsplash with glass tile, install French or folding patio doors, replace outdated carpeting.

LET THE LIGHT IN – If it’s light and bright, it sells. Open a home to new possibilities by removing shutters, shades and heavy drapes, and clean windows until they sparkle.

$100 KITCHEN UPGRADE – It’s a DIY’s favorite (read easiest) project. Remove outdated hardware from kitchen, bathroom and built-in cabinets and install cool or classic knobs and pulls. This simple addition can take years off of a tired room.

MAKE ROOM – Replace old wire or plastic closet hangers with slim, felt hangers to create the illusion of more storage room in closets.

SAY WELCOME – Nothing says “You’re Home” like a beautiful entryway. Give the front door a fresh coat of paint, polish the doorknocker, straighten the mailbox and roll out a new welcome mat.

MAKE IT THE GREAT OUTDOORS – Today’s buyers consider outdoor spaces to be part of the home. Clear out old shrubbery and leaves, mow, edge and trim and add mulch and seasonal plantings.

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In the spirit of “$5 will get you $10,” top real estate professionals share their advice on the 10 best ways to polish a home to inspire a profitable sale.

BEST ADVICE

4251 Buena Vista Street #1 • 3400 Marquette Street - represented buyer • 7108 Aberdeen Avenue • 4611 Waterside Bridge - represented buyer • 6206 Rex Drive • 5839 Watson Avenue - represented buyer • 3137 Caruth Boulevard • 7249 Ashington Drive - represented buyer • 2716 Stanford Avenue • 2809 Daniel Avenue - represented buyer • 5430 Royal Crest Drive • 7309 Lizshire Avenue - represented buyer • 1717 Arts Plaza Drive #1815 - represented buyer • 3021 Southwestern Boulevard • 6055 Waggoner Drive - represented buyer • 20 Ashton Court - represented buyer • 5735 West Amherst Avenue • 4312 Windsor Parkway • 5842 Mercedes Avenue - represented buyer • 4229 Lomo Alto Drive - represented buyer • 4251 Buena Vista Street #1 • 3400 Marquette Street - represented buyer • 7108 Aberdeen Avenue • 4611 Waterside Bridge - represented buyer • 6206 Rex Drive • 5839 Watson Avenue - represented buyer • 3137 Caruth Boulevard • 7249 Ashington Drive - represented buyer • 2716 Stanford Avenue • 2809 Daniel Avenue - represented buyer • 5430 Royal Crest Drive • 7309 Lizshire Avenue - represented buyer • 1717 Arts Plaza Drive #1815 - represented buyer • 5719 Llano Avenue - represented buyer • 4316 Shenando-ah Street - represented buyer • 3308 Beverly Drive - lease • 3520 Asbury Street • 9002 Douglas Avenue - represented buyer • 4404 Shenandoah Street • 3313 Bryn Mawr Drive • 7507 Azalea Lane - represented buyer • 5610 Purdue Avenue • 17020 Club Hill Drive - represented buyer • • 9101 Douglas Avenue - represented buyer • 4304 North Cresthaven Road • 6115 Boca Raton Drive - represented buyer • 7138 Currin Drive - represented buyer • 4225 Purdue Avenue - represented buyer • 4208 Bryn Mawr Drive • 3816 Greenbrier Drive - represented buyer • 3220 Wentwood Drive - represented buyer • 1999 McKinney Avenue #1202 • 3400 Marquette Street - pending - represented buyer • 3021 Southwestern Boulevard • 6055 Waggoner Drive - represented buyer • 20 Ashton Court - represented buyer • 5735 West Amherst Avenue • 4312 Windsor Parkway • 5842 Mercedes Avenue - represented buyer • 4229 Lomo Alto Drive - represented buyer • 5719 Llano Avenue - represented buyer • 4316 Shenandoah Street - represented buyer • 3308 Beverly Drive - lease • 3520 Asbury Street • 9002 Douglas Avenue - represented buyer • 4404 Shenandoah Street • 3313 Bryn Mawr Drive • 7507 Azalea Lane - represented buyer • 5610 Purdue Avenue • 17020 Club Hill Drive - represented buyer • • 9101 Douglas Avenue - represented buyer • 4304 North Cresthaven Road • 6115 Boca Raton Drive - represented buyer • 7138 Currin Drive - represented buyer • 4225 Purdue Avenue - represented buyer • 4208 Bryn Mawr Drive • 3816 Greenbrier Drive - represented buyer • 3220 Wentwood Drive - represented buyer • 1999 McKinney Avenue #1202 • 3400 Marquette Street - pending - represented buyer • 6055 Waggoner Drive - represented buyer • 20 Ashton Court - represented buyer • 5735 West Amherst Avenue • 4312 Windsor Parkway • 5842 Mercedes Avenue - represented buyer • 4229 Lomo Alto Drive - represented buyer • 5719 Llano Avenue - represented buyer • 4316 Shenandoah Street - represented buyer • 3308 Beverly Drive - lease • 3520 Asbury Street • 9002 Douglas Avenue - represented buyer • 4404 Shenandoah Street • 3313 Bryn Mawr Drive • 7507 Azalea Lane - represented buyer • 5610 Purdue Avenue • 17020 Club Hill Drive - represented buyer • • 9101 Douglas Avenue - represented buyer • 4304 North Cresthaven Road • 6115 Boca Raton Drive - represented buyer • 7138 Currin Drive - represented buyer • 4225 Purdue Avenue - represented buyer • 4208 Bryn Mawr Drive • 3816 Greenbrier Drive - represented buyer • 3220 Wentwood Drive - represented buyer • 1999 McKinney Avenue #1202 • 3400 Marquette Street - pending - represented buyer • 3021 Southwestern Boulevard • 6055 Waggoner Drive - represented buyer • 20 Ashton Court - represented buyer • 5735 West Amherst Avenue • 4312 Windsor Parkway • 5842 Mercedes Avenue - represented buyer • 4229 Lomo Alto Drive - represented buyer • 5719 Llano Avenue - represented buyer • 4316 Shenandoah Street - represented buyer • 3308 Beverly Drive - lease • 3520 Asbury Street • 9002 Douglas Avenue - repre-sented buyer • 4404 Shenandoah Street • 3313 Bryn Mawr Drive • 7507 Azalea Lane - represented buyer • 5610 Purdue Avenue • 17020 Club Hill Drive - represented buyer • • 9101 Douglas Avenue - represented buyer • 4304 North Cresthaven Road • 6115 Boca Raton Drive - represented buyer • 7138 Currin Drive - represented buyer • 4225 Purdue Avenue - represented buyer • 4208 Bryn Mawr Drive • 3816 Greenbrier Drive - represented buyer • 3220 Wentwood Drive - represented buyer • 1999 McKinney Avenue #1202 • 3400 Marquette Street - pending - represented buyer • 3021 Southwestern Boulevard • 6055 Waggoner Drive - represented buyer • 5735 West Amherst Avenue • 4312 Windsor Parkway • 5842 Mercedes Avenue - represented buyer • 4229 Lomo Alto Drive - represented buyer • 5719 Llano Avenue - represented buyer • 4316 Shenandoah Street - represented buyer • 3308 Beverly Drive - lease • 3520 Asbury Street • 9002 Douglas Avenue - represented buyer • 4404 Shenandoah Street • 3313 Bryn Mawr Drive • 7507 Azalea Lane - represented buyer • 5610 Purdue Avenue • 17020 Club Hill Drive - represented buyer • • 9101 Douglas Avenue - represented buyer • 4304 North Cresthaven Road • 6115 Boca Raton Drive - represented buyer • 7138 Currin Drive - represented buyer • 4225 Purdue Avenue - represented buyer • 4208 Bryn Mawr Drive • 3816 Greenbrier Drive - represented buyer • 3220 Wentwood Drive - represented buyer • 1999 McKinney Avenue #1202 • 3400 Marquette Street - pending - represented buyer • 3021 Southwestern Boulevard • 6055 Waggoner Drive - represented buyer • 20 Ashton Court - represented buyer • 5735 West Amherst Avenue • 4312 Windsor Parkway • 5842 Mercedes Avenue - represented buyer • 4229 Lomo Alto Drive - represented buyer • 5719 Llano Avenue - represented buyer • 4316 Shenandoah Street - represented buyer • 3308 Beverly Drive - lease • 3520 Asbury Street • 9002 Douglas Avenue - represented buyer • 4404 Shenandoah Street • 3313 Bryn Mawr Drive • 7507 Azalea Lane - represented buyer • 5610 Purdue Avenue • 17020 Club Hill Drive - represented buyer • • 9101 Doug-las Avenue - represented buyer • 4304 North Cresthaven Road • 6115 Boca Raton Drive - represented buyer • 7138 Currin Drive - represented buyer • 4225 Purdue Avenue - represented buyer • 4208 Bryn Mawr Drive • 3816 Greenbrier Drive - represented buyer • 3220 Wentwood Drive - represented buyer • 1999 McKinney Avenue #1202 • 3400 Marquette Street - pending - represented buyer • 3021 Southwestern Boulevard • 6055 Waggoner Drive - represented buyer • 20 Ashton Court - represented buyer • 5735 West Amherst Avenue • 4312 Windsor Parkway • 5842 Mercedes Avenue - represented buyer • 4229 Lomo Alto Drive - represented buyer • 5719 Llano Avenue - represented buyer • 4316 Shenandoah Street - represented buyer • 3308 Beverly Drive - lease • 3520 Asbury Street • 9002 Douglas Avenue - represented buyer • 4404 Shenandoah Street • 3313 Bryn Mawr Drive • 7507 Azalea Lane - represented buyer • 5610 Purdue Avenue • 17020 Club Hill Drive - represented buyer • • 9101 Douglas Avenue - represented buyer • 4304 North Cresthaven Road • 6115 Boca Raton Drive - represented buyer • 7138 Currin Drive - represented buyer • 4225 Purdue Avenue - represented buyer • 4208 Bryn Mawr Drive • 3816 Greenbrier Drive - represented buyer • 3220 Wentwood Drive - represented buyer • 1999 McKinney Avenue #1202 • 3400 Marquette Street - pending - represented buyer • 3021 Southwestern Boulevard • 6055 Waggoner Drive - represented buyer • 20 Ashton Court - represented buyer • 5735 West Amherst Avenue • 4312 Windsor Parkway • 4229 Lomo Alto Drive - represented buyer • 5719 Llano Avenue - represented buyer • 4316 Shenandoah Street - represented buyer • 3308 Beverly Drive - lease • 3520 Asbury Street • 9002 Douglas Avenue - represented buyer • 4404 Shenandoah Street • 3313 Bryn Mawr Drive • 7507 Azalea Lane - represented buyer • 5610 Purdue Avenue • 17020 Club Hill Drive - represented buyer • • 9101 Douglas Avenue - represented buyer • 4304 North Cresthaven Road • 6115 Boca Raton Drive - represented buyer • 7138 Currin Drive - represented buyer • 4225 Purdue Avenue - represented buyer • 4208 Bryn Mawr Drive • 3816 Greenbrier Drive - represented buyer • 3220 Wentwood Drive - represented buyer • 1999 McKinney Avenue #1202 • 3400 Marquette Street - pending - represented buyer • 3021 Southwestern Boulevard • 6055 Waggoner Drive - represented buyer • 20 Ashton Court - represented buyer • 5735 West Amherst Avenue • 4312 Windsor Parkway • 5842 Mercedes Avenue - represented buyer • 4229 Lomo Alto Drive - represented buyer • 5719 Llano Avenue - represented buyer • 4316 Shenandoah Street - represented buyer • 3308 Beverly Drive - lease • 3520 Asbury Street • 9002 Douglas Avenue - repre-sented buyer • 4404 Shenandoah Street • 3313 Bryn Mawr Drive • 7507 Azalea Lane - represented buyer • 5610 Purdue Avenue • 17020 Club Hill Drive - represented buyer • • 9101 Douglas Avenue - represented buyer • 4304 North Cresthaven Road • 6115 Boca Raton Drive - represented buyer • 7138 Currin Drive - represented buyer • 4225 Purdue Avenue - represented buyer • 4208 Bryn Mawr Drive • 3816 Greenbrier Drive - represented buyer • 3220 Wentwood Drive - represented buyer • 1999 McKinney Avenue #1202 • 3400 Marquette Street - pending - represented buyer • 3021 Southwestern Boulevard • 6055 Waggoner Drive - represented buyer • 20 Ashton Court - represented buyer • 5735 West Amherst Avenue • 4312 Windsor Parkway • 5842 Mercedes Avenue - represented buyer • 4229 Lomo Alto Drive - represented buyer • 5719 Llano Avenue - represented buyer • 4316 Shenandoah Street - represented buyer • 3308 Bev-

Alex Trusler214-755-8180

[email protected]

Karla Trusler 214-682-6511

[email protected]

Will Seale 214-707-9707

[email protected]

trusler-seale.com

MEET OUR MOTIVATION

Broker Associate [email protected]

214.384.2847 pennytowercook.com

fun. family.financially smart.

They didn't merely write down

what we said we were looking

for, they listened to what we love

to do for fun, how we wanted

to take care of our family and

what we thought would make sense financially.

Meredith [email protected]

Brenda [email protected]

instead of bringing us houses we could buy, they showed us homes that were perfect for us and we found one in under 30 days.

~ Chuck Schiller The Richards Group

after just a few email exchanges and a couple of visits to homes on the market, Meredith and Brenda began to zero in on what would be the ideal home for us.

2013 SaleS

58%Homes sold to our Buyers were never on the open market 9Average Days on Market

for our Listings

2900 McKinnon St. #2105

6521 Chevy Chase Ave.

5813 Beacon Hill Dr.

5736 Southwestern Blvd.

5626 Bryn Mawr Dr.

6435 Vanderbilt Ave.

4236 San Carlos St.

5621 Bryn Mawr Dr.

6735 Ellsworth Ave.

4509 Stanhope St.

5719 Southwestern Blvd.

5622 Stanford Ave.

4515 Pomona Rd.

4608 Abbott Ave. #120

3336 Purdue St.

9134 Seagrove Dr.

3101 Hanover St.

4429 Bryn Mawr Dr.

9443 Monteleon Ct.

6029 Waggoner Dr.

6406 McCommas Blvd.

5402 Glenwick Ln

6159 Lakeshore Dr

John [email protected]

$999,000 6312 Carrington Dr

Ginger [email protected]

$2,999,9994723 W. Amherst Ave

Natalie [email protected]

SOLDREPRESENTED BUYER

Listed for $925,000

FOR THE

THE FUTURE SHACK seangodsell.com/future-shackSean Godsell’s “Future Shack” uses recycled shipping containers to form the main portion of these homes. A parasol roof shades the home, sheltering the residents from the elements and reducing the heat load on the building. Legs telescope from the container, adapting it for uneven terrain. The Future Shack is easily transportable and can be fully built in 24 hours for disaster relief.

IKEA FOUNDATION’S FLAT PACK media.ikeafoundation.org The world-famous Swedish furniture retailer joined forces with the United Nations’ refugee agency to develop a flat pack shelter. These modular shelters can house up to five people and are made

of insulated lightweight plastic panels that snap into a metal frame. Amenities include USB ports and solar panels to provide electricity and a fabric shade to reflect heat during the day and trap warmth inside at night. The Ikea Foundation is testing the prototypes in Ethiopia and Northern Iraq.

PALLET-HOUSE i-beamdesign.comManhattan-based I-Beam architects have a passion for creating refugee housing that must be recycled, recyclable, affordable and plentiful. Most clothing, food or emergency supplies are delivered via shipping pallets. What better way to recycle the pallets than to shelter the homeless? The building plan for a pallet home may be purchased online for $75.

POD HOMES IN AFRICAafac.biz Johannesburg-based design firm Architecture for a Change created a prototype for pods in South Africa. Most of the region lives outside the urban infrastructure and the pod is designed to enhance the living conditions of these rural settlements. The insulated tilt-up space fits two bunk beds, and the entire home is flat-packed. Three people can assemble the home in less than one day.

GLOBAL VILLAGE SHELTERSgvshelters.comGlobal Village Shelters by Ferrara Design are made from recycled corrugated cardboard. Enhanced to be fire retardant and water resistant, each home can be erected in less than an hour by two people using common tools, making the shelters ideal for disaster relief. The units are designed to house a family of four and are elegant, simple and cost-effective.

DOMES FOR THE WORLD dftw.orgBased in Italy, Texas, and designed by Monolithic, the Domes for the World program began in 2005 with a mission of serving people worldwide. The EcoShell domes are built with two to three inches of concrete and rebar. The domes use 50 percent less concrete and rebar

than a typical home of the same square footage. Readily available and made from environmentally friendly materials, these homes are not only unique but exceptionally durable. The domes can withstand tornadoes, earthquakes, hurricanes and fire.

A s the holiday season comes to an end and we ring in the New Year, many of us are treasuring freshly made memories with family and friends. Home is, for many people, a special place filled with comfort, love and a sense of security. But not everyone can be so fortunate. Communities throughout the world suffer from natural disasters, poverty and lack of resources. While we pack up the tinsel, designers and architects

worldwide are coming together to create economical, quickly assembled, low-cost housing for the world, so that everyone may enjoy the comforts of home.

Dixey [email protected]

Janna Schick214.354-2115

[email protected]

Arterburn Schick

n 2014, a new reality

has taken root in sophisticated Dallas, and interior designer Emily Summers is at the forefront of creating spaces with a contemporary, artfully curated appeal. The designer, recently named to Architectural Digest’s “AD 100” for the

fourth time, is known for blending period elements, textures and finishes into a vision that combines clean and crisp with soulful and elegant.

On a recent trip to Dallas, I had dinner at the modern, light-filled home that Summers shares with her husband, Steve. And as I got to know the designer

better, my appreciation for her only grew, as did my fascination. How, I wondered, did this woman born and raised in Kansas City become such a passionate modernist? And how was she able to advance this passion in a city known for its grandiosity?

At first, Summers describes her teenage self as “just a normal high school student,” but a little probing reveals that she was a member of the National Honor Society, a volunteer for Red Cross and – this took some teeth-pulling – the “yearbook queen.” A scholarship to Southern Methodist University took her to Texas, and there she stayed, working in the fashion office of Neiman Marcus and striking up a relationship with the legendary Stanley Marcus—known to all as Mr. Stanley.

By this time, she was married to Steve Summers, a hedge fund manager whom she met at SMU.

They wed in 1966 and had three children, Stephen, Caroline and Laura. Today, all three live in the Park Cities. Caroline has followed her mom’s style beacon, assisting with the sale and purchase of homes of architectural distinction as a Realtor with Briggs Freeman Sotheby’s International Realty.

Summers’s career as an interior designer began in earnest when she returned to SMU for graduate school, studying art history and design. “My professor, Alexandra Comini, was an expert in 20th- century Viennese art, especially Wiener Werkstätte.” A trip to Austria proved a breakthrough experience for Summers. She became aware of Koloman Moser, Otto Wagner, Josef Hoffman, Klimt and Schiele, which further led her interest in Knoll, Mies Van der Rohe, Eileen Cray and Jean Royère.

That trip was a big movement for Summers, who until then had been living with traditional furniture left over from her family. However, Sarah Medford, (who had written about one of the designer’s projects for Town & Country) believes Summers is not a modernist in the strictest sense. “She loves clean lines, but it is much more than that,” she explains. “Emily’s a curator of the best in decorative arts, regardless of style or period. And while her work always looks comfortable and of its time, it possesses real cultural resonance.”

Summers started designing interiors in 1979 and has been in business ever since. Her staff is small and the projects have been mostly in the South and West, although lately her direction has turned eastward, to the point where she has opened an office in New York City. The Summers own three houses – in Dallas, near Palm Springs and Colorado Springs – all built 1968. (A coincidence? Not likely.)

Initially, Palm Springs was more appealing for avid golfer Steve than for Summers herself. But she soon became involved in the community and its architectural legacy (Richard Neutra, Albert Frey, Paul Williams and Donald Wexler all built there). And what could be more seductive to a designer like Emily Summers than having a home in a place where there is an 11- day celebration every February called Modernism Week?

Summers loves the thrill of the hunt and will scour the planet to find just the right whatever for her clients – or for herself. “I’ve never met a designer as indefatigable as Emily,” says Medford. “She will go to the ends of the earth to find the next great object, whether it’s in a warehouse in Milan that all the furniture fairgoers have overlooked or in some Japanese village where they’re still dyeing fabrics according to an ancient technique.”

Her personal style, as you might expect, is no less exacting. Labels of choice include Alexander McQueen, Prada, Narciso Rodriquez, Lanvin and Mary Katrantzou. Mary who? Summers explains: “She is from Greece, works out of London and specializes in digital printing. You should really pay attention to her.”

Of course, I will – for no other reason than that Emily Summers told me to.

By Pamela Fiori (Reprinted, in part, from 1st Dibs, May, 2013)

Curator of the

3

7

6

EMILY’S A CURATOR OF THE BEST IN DECORATIVE ARTS, REGARDLESS OF STYLE OR PERIOD. AND WHILE HER

WORK ALWAYS LOOKS COMFORTABLE AND OF ITS TIME, IT POSSESSES REAL CULTURAL RESONANCE.”

D E S I G N I C O N emily summersCONTEMPORARY

Emily Summers was recently named to Architectural Digest’s “AD 100” for the fourth time.

(From Top to Bottom: Dallas high-rise estate, Lobby at Highland Park Village, Three views of living areas at

El Dorado home in Palm Springs)

Bedroom at El Dorado home in Palm Springs

Stunning Dallas Treasure2315 Routh Street | $1,795,000

Lucy Johnson214.616.1288

[email protected]

SOLD

3900 Centenary Drive Multiple offers and under contract in less than one week.

I LIVE AND SELL THE PARK CITIES

MALINDA [email protected]

malindaarvesen.com

SOLD, Represented Buyer SOLD, Represented Buyer SOLD

4308 Larchmont Avenue 3525 Dartmouth Avenue 4344 Livingston Avenue

Ext

rao

rdin

ary

Ag

ents

DALLAS214-350-0400

UPTOWN214-353-2500

BALLPARK817-226-4920

RANCH & LAND DIVISION214-353-6600

SOUTHLAKE817-801-3030

Lindy Mahoney John Maluso Susan Marcus Deborah Masterson Susan Matusewicz Jena May Kevin McGinnis Jack McGraw

Martha Miller Barry Moerschell Brenda Moerschell Yesenia Moize Kathryn Moore Perry Moore Wynne Moore Tessa Mosteller Kate Mote

AGENT NAME AGENT NAME AGENT NAMEAGENT NAME AGENT NAME

Fay O’Boyle Erika Orbin Maria Orr Nancy Parks Uhrbrock Dax Pass

Harlan Ray Mike Reddell Baird Reed Carole Rhodes Fiona Richards Kyle Richards Jonathan Rosen Sondie Rosenthal Pete Ryan

Susie Ryan Gigi Potter Salley Leigh Sands Sam Sawyer Janna Schick Will Seale

Craig Sessions Judy Sessions Ann Shaw Doug Shelton Jeanne Shelton Chari Singleton Katye Sloan Andy Slowe Cheryl Staley

Shell Stegall Betsy Stern Jennifer Stolarski Carol Storey Clair Storey Jim Strawn Caroline Summers Angela Tankersley Jane Taylor

Jeff Watson Janis Wells Natalie Westbrook Arthur White Brenda White Melissa White Jeffrey Wilson Jalin Wood Jenny Wood

Ellen Terry Helen Terry Todd Terry Marty Thompson Alex Trusler Karla Trusler Robert Tyson Vip Vipperman Suzy Wang Schul

Donald Peterson Courtney Petruska Sandy Petruska Beverly Pitchford Layne Pitzer Pogir Kim McAuliffe Price Brenda Ray

Melissa Melville Kelly Middleton

Angie Nelson Jeannie Nethery

Cory McGuire Jackie McGuire Meredith McKee Robin McMonigle

Kristi Newsome Marilyn Newton Terry Newton Jason Nichols Ginger Nobles Libby Norwood Melinda Obenchain

Kay Wood MIchelle Wood Michele Young John Zimmerman

YOUR TEAM FOR 2014

Christopher McGuire

Dan Mahoney

(Agents M-Z)

ExtraordinaryWelcome

the

W e have good reason to be optimistic about the global real

estate market in 2014, thanks to a world economy that is

regaining strength. Around the world aggressive monetary

policy is easing, and along with it the short-term interest rates that, in many

countries, stayed near historic lows. Pent-up demand is also helping to

reinvigorate global property markets, and inflation-adjusted home prices

strengthened in 2013 in many countries. The turnaround is most notable in

nations such as the United States and the United Kingdom, but prices are

rising again in some emerging markets as well, including China.

UPTOWN

34.6

$672,000

$591,700

61

94

37

World View of REAL ESTATE

Robbie Briggs, President and CEO Briggs Freeman Sotheby’s International Realty

RISING MARKET IN 2014

In 2014, expect about a 4 percent increase in existing-home sales, to 5.2 million, up from nearly 5 million in 2013 -- a healthy 7.5 percent increase from 2012.

Prices will rise by about 3 percent to 5 percent—a slower, more steady pace that falls in line with historical trends.

More people will buy homes, a result of pent-up demand among young people who are no longer hampered by lack of jobs or insufficient income.

Nationally, the supply of homes for sale stands at five months’ worth, which slightly favors sellers. The Washington, D.C. suburbs have about two months’ supply, and Dallas has a supply of three months. This shortage will likely persist through 2014.

EUROPEProperty markets are

showing early signs of revival, mirroring the nascent pickup in economic activity and consumer confidence.

The U.K. housing recovery is becoming more broad-based, supported by stimulus measures introduced in the 2013 budget. Real prices moved back above year-ago levels in Q2 for the first time in 2½ years.

Sweden and Switzerland reported steady real price growth in 2013. Conditions are weaker in the periphery.

Spain’s property market remains in a deep slump. While the rate of price decline is slowing, there is limited prospect of a near-term turnaround with the nation’s jobless rate stuck at over 25 percent.

ASIA Slower high-end

residential sales activity is a feature of most major Asian markets in the face of slowing regional growth. High-end sales in China, Hong Kong and Singapore weakened, while sales activity in emerging South East Asian markets was quiet.

For the next 12 months, sales in the high-end residential segment in Greater China and Singapore are likely to stay similar to levels seen so far this year. Nonetheless, continued low interest rates should help to limit any downside in prices.

Indonesian and Thai property markets also gained momentum in 2013, though conditions remain weak in South Korea, with prices contracting modestly.

MIDDLE EAST Market conditions in the

Gulf are improving in all the region’s major residential markets. Dubai is seeing the greatest increases, with prices and rents up by 18 percent and 15 percent respectively, year-on-year.

The Abu Dhabi residential market appears to have bottomed out, with landlords now seeking to increase sale prices and rents.

CANADACanadian housing activity

remains buoyant, though the underlying fundamentals for continued gains are becoming less favorable.

Low borrowing costs and balanced market conditions continue to attract buyers, but slowing job growth and the recent uptick in fixed mortgage rates will likely cool activity later in the year and into 2014.

LATIN AMERICA Latin American property markets are mixed, with strong price growth in Chile, Peru and Colombia under-pinned by relatively solid domestic demand and labor markets.

Real house prices in Mexico are flat, with modest, nominal price appreciation eroded by persistent inflation.

A weakening economy and high interest rates have led to a sharp cooling in Brazil’s previously red-hot housing market.

Sources: Scotiabank, Deutsch Bank, Jones Lang LaSalle, BFSIR

New-home sales are likely to climb by about 16 percent following a whopping 36 percent increase in 2013 and a

20 percent hike in 2012.Because of the government shutdown

in October, figures for building starts and permits are delayed. Overall, the number of permits is likely to continue to exceed sales of new homes, eventually boosting inventory.

LEASING AND NEW APARTMENT CONSTRUCTION

A growing number of people who can afford to buy trophy homes are opting for the trophy rental, saying they want to avoid tying up their money in steep down payments and instead

are investing their money in the financial markets or their own businesses. The rental residential market continues to enjoy positive momentum, although the pace of expansion has slowed in recent months due to the significant amount of new construction that has begun to be delivered. There will be a very active pipeline of development for at least the next two to three years.

Raleigh, Austin, Charlotte and Washington, DC are currently seeing the greatest numbers of new units being built, but the list of markets with very active pipelines continues to expand.

NEW HOME BUILDING AND SALES

Market Trends Across America

urious about how your home stacks up against others in your neighborhood and beyond? We’ve put pen to paper (and scoured the MLS data base) to provide you with a market snapshot of sales, prices and big deals impacting your home …

and your investment. Prices are up, days on market are down, and 2014 is looking like a great year to make a move.

The STATE of Our NEIGHBORHOODS

Prospectus and Perspective

Source: MLS and TrendgraphixInformation as of Nov 21, 2013

HIGHLAND PARKBiggest DealOriginal List Price

Lakeside Drive $11,950,000

Beverly Drive $8,000,000

# of homes sold 838 846

Total Sales $855,844,000 $853,000,000

20132012

Average Price $1,021,300 $1,500,000 Days on Market 93 62

Median Age 45.1

UNIVERSITY PARKBiggest DealOriginal List Price

Windsor Ln $8,995,000

Hunters Glen Rd $19,500,000


Total Sales $805,350,000 $774,000,000

20132012

Average Price $835,400 $1,180,000 Days on Market 84 52

Median Age 29.7

PRESTON HOLLOWBiggest DealOriginal List Price

Park Lane $7,995,000

Inwood Road$7,885,000

# of homes sold 1,980 1,982

Total Sales $1,171,580,000 $1,340,000,000

20132012

Average Price $591,700 $672,000

Days on Market 61 94

Median Age 37

DOWNTOWNBiggest DealOriginal List Price

N. Pearl St$2,570,000

N. Pearl St$14,000,000


Total Sales $105,926,000 $158,130,000

20132012

Average Price $441,400 $850,000


Median Age 37

UPTOWNBiggest DealOriginal List Price

Turtle Creek Blvd $6,995,000

Oak Lawn$9,995,000


Total Sales $554,216,000 $658,870,000

20132012

Average Price $308,600 $321,800


Median Age 34.6

LAKEWOODBiggest DealOriginal List Price

Westlake $3,299,500

Lakewood $1,995,000

# of homes sold

5,206 5,386

Total Sales $1,339,106,000 $1,532,000,000

20132012

Average Price $257,200 $284,000


Median Age 35

LAKE HIGHLANDSBiggest DealOriginal List Price

Parkford Drive $1,299,000

Deer Trail Drive $979,000


Total Sales $385,830,000 $409,732,000

20132012

Average Price $212,000 $227,000 Days on Market 61 49

Median Age 32

FRISCOBiggest DealOriginal List Price

Beverly Drive $4,999,000

Picadilly Park $2,950,000


Total Sales $2,053,904,000 $2,340,000,000

20132012

Average Price $295,900 $320,000 Days on Market 0

41

Median Age 33.9

MCKINNEYBiggest DealOriginal List Price

Falling Water Drive $1,950,000

Quail Ridge Drive $2,379,000


Total Sales $1,092,734,000 $1,250,000,000

20132012

Average Price $224,600 $247,000


Median Age 32.7

SOUTHLAKEBiggest DealOriginal List Price

Pine Drive $2,700,000

La Mirada $4,500,000


Total Sales $689,592,000 $790,000,000

20132012

Average Price $575,600 $619,000


Median Age 40.9

COLLEYVILLEBiggest DealOriginal List Price

Trianon Court $2,250,000

Rockingham Court $2,375,000


Total Sales $437,566,000 $393,000,000

20132012

Average Price $452,000 $481,000


Median Age 45.5

WESTLAKEBiggest DealOriginal List Price

King Fisher Drive $5,450,000

Post Oak Place $3,950,000


Total Sales $354,390,000 $281,000,000

20132012

Average Price $489,500 $427,000 Days on Market 107

83

Median Age 40.6

PLANOBiggest DealOriginal List Price

Banister Court $3,495,000

Old Gate Road $3,400,000


Total Sales $1,797,758,000 $2,045,000,000

20132012

Average Price $264,100 $288,000


Median Age 37

NORTH DALLASBiggest DealOriginal List Price

Abbey Woods Lane $2,995,000

N 40 Place$12,000,000


Total Sales $836,546,000 $1,040,000,000

20132012

Average Price $293,300 $318,500


Median Age 41

briggsfreeman.com

Brenda [email protected]

Melissa White Smulyan214.384.9040

[email protected]

SOLD 3704 Alice Circle

Listed for $5,795,000Closed in three weeks

AVAILABLE4222 Cochran Chapel Road

$4,295,000

AVAILABLE3501 St. Johns Drive

$2,995,000

Service is our Style

12304 Brittany Cir | AVAILABLE | $599,000

4561 Belclaire Ave | SOLD | Listed for $999,000

3548 Centenary Dr | $3,500,000 | PendingREPRESENTING BUYER

Ann Henry214.546.6712 [email protected]

Extraordinary

Expect the

BIG DEALSFrom Ranch and Land to Luxury Estates

List Price Davis, Oklahoma $22,028,750 Driftwood, TX $12,000,000 Avinger, TX $10,995,000 Hamilton, TX $8,800,000 Texarkana, TX $10,000,000 Marietta, Oklahoma $8,500,000Mount Pleasant, TX $6,720,000 Granbury, TX $5,950,000 Buffalo, TX $5,271,750 Bosque County, TX $3,787,500

“In 2013, many estate and ranch clients trusted us to sell their extraordinary properties throughout North Texas and beyond,” said Robbie Briggs. “We recently learned that in the top 15 estate sales in Dallas, our agents had the privilege of selling 10 of these premier homes. And agents in our Ranch and Land Division sold four of the 10 largest ranches in the region.”

Robbie Briggs, President and CEOBriggs Freeman Sotheby’s International Realty

ESTATES

RANC

HES List Price

Hunter’s Glen Drive $19,500,000Hunter’s Glen Drive $16,000,000 N. Pearl Street $14,000,000Briarwood Lane $10,500,000Oak Lawn Avenue $9,995,000Versailles Avenue $9,250,000Gillon Avenue $8,500,000Beverly Drive $8,000,000Beverly Drive $7,500,000Crescent Avenue $7,200,000Beverly Drive $6,250,000Wildwood Road $6,195,000Alice Circle $5,749,000Inwood Road $7,885,000La Mirada $4,500,000

ESTA

TES

Ranches 200 miles from Dallas

ANGLES

Celebrating

INSPIRATIONS

From traditional Georgian estates to clean-lined modern manses, our area is renowned for breathtaking architecture that pushes the envelope of both classic design and modern interpretation. We asked some of the most talented and innovative architects in the area to showcase their premier properties that continue to expand Dallas’ reputation for beautiful living.

&

SALE STREET PROPERTY DALLAS, TEXAS Bernbaum-Magadini Architects, bmarchitects.com

T his urban infill residence presented several challenges with a complex site and program. The lot is 50’ x 250’ with a 10’ fall from curb to the back of the property. The

program required a below-grade four-car garage and a separate one-bedroom apartment on the ground level. The main house included four bedrooms, offices, exercise room, golf simulator/media room, a wine room, family room, living, dining kitchen and a roof terrace with an outdoor and indoor kitchen. The house was designed to face an interior courtyard with a pool, outdoor kitchen and deck. In order to create an outdoor living space on such a narrow lot, the living, dining, office and kitchen were located on the second level above the apartment which then was connected by a glass bridge to the bedrooms and remaining rooms. The back structure has three stories to take advantage of the grade change at the rear of the property. Exterior materials are zinc panels, board formed concrete, storefront windows and stucco.

AMERICAN COUNTRY HOUSEDALLAS, TEXASRichard Davis, Richard Drummond Davis Architects, rddavisarchitect.com

D esigned in the relaxed Louisiana country house style of A. Hays Town, an architect admired by the clients, this house is all

about comfortable living. The gracious entrance features a stylized portico with flanking verandas. Saltillo Mexican tile is the perfect complement to the brick and stucco facade. Floor to ceiling windows and French doors allow for ample natural light. The bricks in the round columns supporting the living room fireplace mantel were individually cut by hand. Patterned stone tiles in the entrance hall contrast and complement the wide plank wood floors used throughout the downstairs. A diamond coffered ceiling adds visual dimension to the living room off the entry hall. The exterior brick was used in the interiors to form walls with arched openings such as an arched wall separating the kitchen from the keeping room. A movable glass wall opens fully, allowing free flow between the outdoor pavilion and the gardens beyond. The rear façade opens out to the landscape with a large covered porch, perfect for entertaining.

LAKE HIGHLANDS PROPERTYDALLAS, TEXAS Svend Christian Fruit, Bodron + Fruit, bodronfruit.com

Perched on a small hill overlooking White Rock Lake and the surrounding park, the views to the lake were a driving factor in the design of

the residence. Designed for an active family of four that loves being outside, the main living spaces and bedrooms were each given an excellent view that connects the interior spaces to the park. While the home sits on a generous site, the building setbacks restricted the footprint of the home. This restriction led to the unique feature of the house cantilevering over the swimming pool which also allows the pool to take advantage of the views of the surrounding park. The exterior of the home is composed of stucco, mahogany, limestone block and ipe decking, combined with interior finishes of white oak flooring and cabinetry from sustainable woods. The materials combine to create a warm and modern environment.

Kessler Woods is the manifestation of an owner’s vision to create an oasis tucked away from urban life. Located along a nature preserve, the house engages

the adjacent wildlife and creates a shield against its urban surroundings. The design is expressed through two reductive forms: one provides an open living space with a strong visual connection to the reserve, the other is a two-story volume that organizes one’s private life and creates a barrier against the site’s eastern edge. Uniting the home is an entryway defining the progression through the space into the oasis beyond. Sustainable strategies include a ventilated rain screen wrapping the roof and façade and an orientation that maximizes indi-rect light while deflecting the Texas sun. As a composition of wood, concrete, and metal, the materials seek to reinterpret the pristine white box into a warm, livable space to raise a family.

MEADOWDALE PROPERTYDALLAS, TEXAS Clifford Miles Welch, Welch Architecture Inc., welcharchitecture.com

This unique site is tucked away on a secluded cul-de-sac, below a canopy of trees, with a deep creek running along the rear boundary. The lot sits inside a major floodplain, and retaining walls provide high ground. Thus the site offers the challenges and

opportunities of mature trees, steep terrain, and potential flooding. The house design tackles these challenges by taking cues from the site’s geometry and topography. The curved entry hall and terrace connect two main buildings that are positioned in harmony with the cul-de-sac and creek. Sensitive building placement and structural bridges over roots help to preserve trees. Portions of the house cantilever over the creek, in order to reduce the footprint and minimize disruption to the site. Windows are located so that they exclude the afternoon sun but capture expansive views into nature. The house further connects with the outdoors through its exterior terraces and use of natural materials.

WILLIS PROPERTYDALLAS, TEXASPaul Turney, Turney & Associates, turneyarchitects.com

When Dave and Betsy Willis made the decision to move from Calgary to Texas, they hired architect Paul Turney to work with them on the design of their new home. Having previously

lived in the south, their desire was to have a Louisiana style house. One of the main features of their new home is a deep porch with French doors across the entire front of the house, along with a second floor balcony supported by 20-foot tall round, Doric columns. The porch also has a narrow exterior stair accessing the balcony, something characteristic of the Louisiana houses of the late architect A. Hays Town. The family room, kitchen, and guest house all look out onto a brick courtyard with a fountain. Some of the interior design features include large double hung windows to the floor, a freestanding curved stair in the entry, and wide plank pine flooring.

LAKEHURST PROPERTYDALLAS, TEXAS smitharc architects, smitharc.com

The genesis for this house design is the heavily wooded suburban lot with long, tree lined view corridors down the street and alleyway. A simple rectilinear plan with two wings creates entry and garden courts while a 30 degree rotation nestles the house

between the mature trees and orients the principal views to the long vistas while avoiding direct lines of site to the neighboring houses. Generously proportioned indoor/outdoor living, dining, and entertaining spaces are arranged around the true heart of the home: the great porch. The large expanse of sliding glass walls provides circulation and ventilation flexibility while dematerializing the boundaries of interior/exterior. In addition to siting the structure with sensitivity to the solar orientation and preserving the existing shade trees, environmentally friendly features of the house include locally sourced limestone, thermally broken aluminum windows with 1” low E-glazing shaded by deep overhangs, and balanced natural lighting design that precludes the need for artificial light sources during the daytime.

MOCKINGBIRD PROPERTYDALLAS, TEXASRussell Buchanan, Buchanan Architecture, buchananarchitecture.com

Designed for a young family in the stone import and fabrication business, the residence is a 4,410 square foot home located on Mockingbird Lane. The main building is a simple rectilinear shape, designed in plan using five equal squares. Adjacent to the main building is an entry vestibule clad entirely in onyx slab. Completing

the composition is a polished black stone wall which provides privacy and security from the busy street. The exterior detailing is crisp and pragmatic allowing the composition of the building masses to be simple and unadorned. At the entry vestibule, light and translucent stone provide a warm and inviting transitional space. All the lower level public spaces share light and access to a private outdoor courtyard. A camouflage netting drape provides a late morning sunscreen to the large glazed opening. Douglas fir glu-lam beams and floor decking provide a sense of warmth and color to the space. Performance-based building materials, energy efficient systems, solar orientation and sun-screening techniques allow the residence to operate effectively with minimal annual expense and limited carbon footprint.

KESSLER WOODS PROPERTYDALLAS, TEXAS Domiteaux + Baggett Architects, doba-arch.com

Call us for more information Ginger Nobles | 214.212.4434 | [email protected] Susan Baldwin | 214.763.1591 | [email protected] Stacy Hicks | 214.557.1400 | [email protected]

Amazing 12 acre retreat five minutes from downtown, close to the heart of the city.

Co-listed with Stacy Hicks

4337 San CarlosSOLD

2012 Top Team Producernoblesbaldwin.com

Thirty homes sold in 2013.Rolling into Spring 2014.

4631 Valley Ridge Road$4,399,000

4337 San CarlosSOLD

7266 Lupton Circle$1,749,000

9784 Audubon Place$9,500,000

Susan Baldwin214.763.1591

[email protected]

Ginger Nobles214.212.4434

[email protected]

214.912.9288

[email protected]

jeanbateman.com

Opening

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Opportunities.

7111 Hillgreen DriveListed for $1,250,000

Under Contract

8181 Douglas Ave. #410Listed for $1,295,000

Sold - Represented Buyer

Corinth ResidentialDevelopment, 105.792 Acres

Listed for $6,982,272 Pending

AvailableCorinth Commercial

10.76 AcresListed for $3,046,589


Angie NelsonRanch and Land Division214.794.8945 [email protected]

Sorolla and America: NEW FINDINGS AND CONSERVATION

The exhibition currently on view at the Meadows Museum seeks to deepen our understanding of Joaquín Sorolla’s (1863-1923) relationship with America, in part by exploring the variety of new friendships and contacts that he formed during his time in this country. To do this, researchers sifted through newspaper articles and the artist’s correspondence preserved in archives and museums throughout the United

States and Spain, making several

important discoveries that are featured in the exhibit.Many previously unknown works were found in major collections, such as the

Portrait of Frances Tracy Morgan (Morgan Library, New York, 1909), A Street in Toledo (Worcester Art Museum, Massachusetts, 1906) and four preparatory studies for Running on the Beach (Brooklyn Museum, New York, 1908). Others were discovered in more obscure places: the Portrait of Robert Bacon, 39th Secretary of State (1909-1909) under President Theodore Roosevelt (1909) was found in the Diplomatic Reception Rooms of the U.S. Department of State, while the Portrait of Ralph Clarkson, painted by Sorolla during his stay in Chicago in 1911, resurfaced

in the Oregon Public Library (Illinois). Sorolla shows Clarkson, a professor at the School of the Art Institute of Chicago from 1903 to 1920, with a

fragment of Diego Velázquez’s Las Meninas in the background and signed the work: “To my beloved / friend Clarkson / Sorolla / 1911.”

The Sorolla and America exhibition also presented the occasion for the restoration of a number of works, including three important paintings:

Dancing in the Café Novedades, Seville (Fundación Banco Santander, 1914), Señora de Sorolla in White (The Hispanic Society of America, 1902), and the Portrait of Queen Victoria Eugenia of Battenberg with an Ermine Mantle (Fundación Álvaro de Bazán, 1908). Lucía Martínez

Valverde, a conservator at the Museo Nacional del Prado who has restored countless works by Sorolla, repaired damages to the

paintings’ surfaces and carefully removed layers of accumulated dirt and old, yellowed varnish. The newly restored paintings enable a fuller appreciation of Sorolla’s mastery of color and light effects, and a summary of the restoration process is featured in a gallery of the exhibit.

Joaquín Sorolla y Bastida (Spanish, 1863-1923), A Street in Toledo, 1906. Oil on canvas. Worcester Art Museum. Given in Memory of Henry Mullikan Keyes by his sons, Jonathan, Henry, David, and George, 01609-3196

This exhibition has been organized by the Meadows Museum, SMU, The San Diego Museum of Art, and Fundación MAPFRE. The contributions of The Hispanic Society of America have been crucial to the success of this exhibition. A generous gift from The Meadows Foundation has made this project possible. Promotional support provided by the Dallas Convention and Visitors Bureau.

The newly restored paintings enable a fuller appreciation of Sorolla’s mastery of color and light effects.

Joaquín Sorolla y Bastida (Spanish, 1863-1923), Dancing in the Café Novedades. Sevilla, 1914. Oil on canvas. Colección Santander.

Joaquín Sorolla y Bastida (Spanish, 1863-1923), Señora de Sorolla in White, 1902. Oil on canvas. The Hispanic Society of America. Photo by Joaquín Cortés

Joaquín Sorolla y Bastida (Spanish, 1863-1923), [Untitled] (Girl Leading Girl by the Hand, Boy Looking On), 1908. Charcoal, graphite, and pastel on paper. Brooklyn Museum, Brooklyn, New York,Frank Sherman Benson Fund, 27.663

Joaquín Sorolla y Bastida (Spanish, 1863-1923), Portrait of Ralph Clarkson, 1911. Oil on canvas. The Oregon Public Library’s Eagle’s Nest Art Colony Collection, Oregon, Illinois.

Joaquín Sorolla y Bastida (Spanish, 1863-1923), Portrait of Queen Victoria Eugenia of Battenberg with an Ermine Mantle, 1908. Oil on canvas. Fundación Álvaro de Bazán. Photo by Joaquín Cortés

LISTED FOR $22,500,000

ARBUCKLE RANCH SOLD

IT’S ALL ABOUT REFERRALS.

Amy Burgher214.384.6953

[email protected] Shaw

214.532.4824

[email protected]

S H AW | B U R G H E R

Judy Sessions

214.354.5556

[email protected]

Claire Bailey

214.402.1255

[email protected]

Craig Sessions

214.957.6682

[email protected]

Continued Results With Experience

2013Results

4437 Amherst Avenue

2 Parl iament Place

4237 Purdue Avenue

3449 Normandy Avenue

6171 Northaven Road Represented Buyer

4216 Amherst Avenue

3503 Asbury Street

11248 Russwood Circle

6123 Goliad Avenue

2820 Milton Avenue Represented Buyer

5610 Ridgedale Avenue Represented Buyer

4425 Hanover Street

5936 Mercedes Avenue

3525 Hanover Avenue Represented Buyer

6955 Lakewood Boulevard

3404 Purdue Avenue Represented Buyer

5803 Orchid Lane

3204 Beverly Drive

3116 Caruth Boulevard

7412 Heathermore Drive

7815 Glenneagle Drive Represented Buyer

6623 La Cosa Drive Represented Buyer

808 Courtland Drive

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