The Impact of Oil and Gas Price Volatility on Real Estate Prices in DFW

March 3, 2015, panel discussion sponsored by Briggs Freeman Sotheby’s International Realty and Thompson & Knight LLP

Some of Texas’ leading business, economic, legal and real estate experts gathered recently to discuss the role that oil and gas prices play in the North Texas economy. The panel included Emily Parker, Managing Partner, Thompson & Knight LLP; Robbie Briggs, President and CEO, Briggs Freeman Sotheby’s International Realty; Bernard Weinstein, Associate Director, Maguire Energy Institute; J. Holt Foster, III, Partner, Thompson & Knight LLP; Phil Puckett, Vice President, CBRE; Dennis Grindinger, Executive Vice President, South America, Hunt Oil Co.; and William L. Jackson, CMB, Senior Vice President and Managing Director, NorthMarq Capital, LLC.

Listen to the Panel Discussion. Click Here.

Robbie Briggs Talks Luxury Real Estate on the PlayMakers Podcast – As Heard on KAAM radio

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

Robbie Briggs HeadshotRobbie Briggs translated a master’s degree in architecture from Tulane University into the natural venue of real estate. His understanding of design, structure and spatial potential combined with integrity and business acumen has served him well in sales since 1980. Now President and CEO of Briggs Freeman Sotheby’s International Realty, he is the second generation to give the Briggs name to one of the leading brokerage firms in Dallas for quality residential property.

Briggs Freeman Sotheby’s International Realty brings the luxury experience to all price points. With offices in Dallas, Lakewood, Uptown, Ranch and Land, The Ballpark, Fort Worth and Southlake, and more than 250 associates, the firm specializes in significant properties, from historic to contemporary.

BriggsFreeman.com

Phone: (214) 808-6107

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New Buyers Come from…Everywhere

 

The other day I was speaking with one of our agents who told me that 1/3 of her new business in 2014 is coming from buyers outside of the U.S.

Other agents report that they’re currently working with clients from South America, China, Mexico and Russia—many looking for premier properties with downtown address.

According to the 2014 International Home Buyers Report, homeowners from outside the U.S. contributed over $11 billion to the Texas economy between March 2013 and March 2014—the highest level of international real estate investment in five years.

Thanks to relatively low housing prices, a stable economy and favorable mortgage interest rates, Dallas is considered a prime location for investors looking to park their wealth in a rising market.

To learn more about the market in North Texas, please contact me at [email protected]

 

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Savvy Buyers are Smart-Sizing

We’re seeing more and more people around town trading in the large family home—and the extra space and upkeep that goes with it—for a place that better suits a changing lifestyle.

The boomer generation is looking to smart-size, and in Dallas many people are moving into one of the luxury high rises that feature concierge amenities and lock and leave convenience.

With flexible floor plans and high-end finishes, buyers can have a new home that is an exact fit for how they want to live.

Recently, a buyer who moved into one of Uptown’s new, luxury, high rises told me, “We exchanged yard work and pool maintenance for great views and evening walks to the symphony.”

Now that’s smart-living.

To learn more about properties that fit every phase of life, please contact me at [email protected]

Strong Communities in Southlake, Westlake and Colleyville

Neighborhoods in Southlake, Colleyville and Westlake are among some of the fastest growing in North Texas.

Already this year, our business has increased by 32% in our Southlake office, thanks to the strong communities, nationally recognized schools and great home values.

CEOs, sports figures and entrepreneurs appreciate Southlake for its gated communities with lots green space, elevated views and close proximity to D-FW Airport.

And we’re finding that our relocation clients coming here from national and international locales look not only in the Park Cities but also to these west neighborhoods—thanks to the newly expanded highways that reduce commute times.

So if you want to explore the west—Southlake, Westlake, Colleyville and many other great neighborhoods—please contact me at [email protected]

 

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Luxury Leasing is a Vital Option in Today’s Home Market

To meet the evolving needs of our clients, we recently opened a luxury leasing division—a vital component as we continue to assist people relocating from California, Chicago and international cities.

The leasing division is a smart resource homes for clients who have sold their current home but want to take some time finding or building another one, a common situation in today’s market

It’s also a great option for people looking to sell and build. A leased home allows buyers to stay in the neighborhood during the building process.

And for those considering a change a luxury lease is a way to try out a neighborhood or lifestyle without making a big financial commitment.

To learn more about luxury leases, please contact me at [email protected]

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Forward-Thinking Developers are Looking to North Texas

The economic growth in Texas, especially in Dallas, has been making national headlines for the past 18 months. Forward-thinking developers are looking to North Texas for building opportunities, and they’re looking to the Sotheby’s brand as a way to connect buyers of all price points to outstanding properties.
One of those developments is the Ltd. Edition | 2505, a luxury mid-rise that will overlook the Turtle Creek neighborhood and have terraces almost as large as the living spaces.
And across the Trinity, Kessler Reserve is a unique, gated development for 15 contemporary homes set in the hills of North Oak Cliff. These projects and many others, which range from luxury to affordable, offer something for everyone.

 

To learn more about developments and properties across North Texas, please contact me at [email protected]

If I sell my house, will I be able to find a new one?

 

The number one real estate question on people’s minds right now is, “If I sell my house, will I be able to find a new one?” The answer is, “Yes.” There are many opportunities out there in traditional neighborhoods with great schools and strong communities.There are also incredible options in high rises rich with concierge amenities and in contemporary, live/work space surrounded by arts and entertainment.

Our agents know about homes before they go on the market, so don’t assume that low inventory is a buyer’s roadblock. Home prices in Dallas are on the uptick, but price is still very much in line with value—making now a smart time to both buy and sell.

To learn more about exceptional properties please contact me at [email protected]

W.T. Waggoner Ranch: An icon of Cowboy Culture

 

There’s nothing like it in the world.
The iconic W.T. Waggoner Ranch, headquartered in Vernon, Texas, is known as America’s largest parcel of land “under one fence.”

This legacy property includes 510,000 contiguous acres of open ranges, fertile farming and endless miles of grazing land—all spread across six counties of Northwest Texas prairie and sweeping rangeland once known as Comanche Territory.
Add to that state-of-the-art, American Quarter Horse breeding and training facilities and approximately 1,000 oil wells, and you can see why the W.T. Waggoner Ranch embodies Texas and its legendary cowboy culture.
For the first time in 165 years, this iconic property is available on the international open market—a rare opportunity for an investor with vision and a love of land and legend.
To learn more about the W.T. Waggoner Ranch, please contact me at [email protected]

 

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Spring is the Time to Buy An Estate in Dallas – SPRING TOUR

 Robbie Briggs gives you an inside look at the blooming estate market in Dallas, Preston Hollow, Highland Park, and surrounding areas.

When your home consists of gracious rooms, rolling lawns, fabulous outdoor entertainment spaces and fun amenities such as pools and movie theaters, it’s hard to imagine wanting to be anywhere else for summer vacation. The stunning estates showcased below will keep you beautifully ensconced and well entertained all summer long.

9806 Inwood Road, Dallas

When driving through the elaborate iron gates of the lush 5.3 acre Dans Bois Crete or “In Wood Ridge,” one immediately feels refuge from bustling downtown Dallas. Few estates in the area can claim this distinction of being a private secluded retreat with six bedroom suites, grand entertaining spaces, a 2,200 bottle wine vault, dream cinema and breathtaking landscaping Harold Leidner. Listed by Christy Berry for $19,500,000.