Wednesday, September 21, 2016

Downsizing Trend on the Rise in North Texas

A downsizing trend in North Texas as well as nationwide is taking hold when it comes to real estate.

A recent survey put together by Trulia.com shows home premiums on houses between 3,000 and 5,000 square feet steadily declined since 2012. Some buyers are choosing to avoid mass produced homes between 3, 000 and 5,000 square feet. Industry insiders are seeing a swing toward smaller more affordable homes with less overhead and cost than associated with a large oversized house.

Traditional families are leaning towards townhomes, condos, and smaller single family homes. Most of which are under 3000 square feet.

Tarrant County has a wealth of these wonderful smaller properties for sale especially in the Historic Fairmount District, Arlington Heights, Mistletoe Heights, and around the TCU / Westcliff neighborhoods. The ability to blend the craftsmanship of the old through original flooring and unique architectural features with conveniences of modern technology and upgraded appliances make these neighborhoods some of the most sought after places in Fort Worth. This is good news for sellers and buyers in our marketplace.

As a Historic Home Specialist and an expert in these neighborhoods, I am well equipped to show you the potential of their older homes as a great opportunity if you are in the market to downsize. From north to south, give me a call or shoot me an email and I’ll share my favorites!


Red Team Welcomes New Team Members

Red Team Real Estate is pleased to announce and welcome two new team members, Chuck Precopia and Jennifer Wilson.

Chuck is the Broker for Red Team Real Estate. He brings 47 years of commercial and development experience to spearhead efforts in Red Team’s newly launched Commercial and Development Service offerings. Chuck has served in various commercial real estate and development positions at Zale Corporation, Greener & Sumner Architects, and Vice President of Corporate Properties for the Associates Corporation of North America. Upon leaving the corporate world in 1985, Chuck put his Broker’s license to use by heading up the Commercial Department of Century 21 McCracken Real Estate in Grand Prairie. Most recently he served as President and Broker at Client Based Properties, Inc. In addition to real estate brokerage, Chuck has worked in site surveying/platting, architectural design, construction, property management, and development.

Jennifer joins Red Team as the company’s Marketing Director. Her primary focus is building Red Team’s brand and growing our involvement in the Fort Worth community. Jennifer comes to Red Team with over 15 years’ experience in marketing, relationship management, and communications in north Texas. She graduated from Texas Wesleyan University, where she earned a Bachelor of Science in advertising and public relations.

“It’s such an exciting time at Red Team Real Estate! We are blessed to have two new team members of such high caliber.  Adding Commercial and Development Services to our offerings allows us to tap into a market we’ve only spent limited time in up until now. The addition of Chuck Precopia and his wealth of experience gives us a unique edge on the Commercial Real Estate front in North Texas. Also, I know that as we grow, it’s important for Red Team to have consistent branding and messaging.  Bringing Jennifer Wilson onto the team as Marketing Director will only strengthen the Red Team brand as we continue to expand our services. As our market share continues to grow, these changes make our Red Team Agents more successful and that helps the team win,” says Michael Mayes, Owner, Red Team Real Estate.

Red Team Real Estate, established in 2012 and led by Michael Mayes, provides professional client-centric service by experienced agents dedicated to your needs. Located on the historic Magnolia Avenue in Fort Worth, our focus is on the best interest of our clients in each and every transaction, as we are dedicated to the development of long-term client relationships! Let Red Team handle all of your residential and commercial sales, leasing services, and property management. Winning. Clients.

Storm Season in North Texas with Servpro

It’s that time of year again when the cold winds from Canada and the warm winds off the Gulf of Mexico meet in north Texas to create tornadoes, heavy rain, and winds for what everyone around here knows as storm season.

For the cleanup and restoration needs on their properties following these Texas-sized storms, Red Team has a great option with Servpro. With over 1700 franchises nationwide and 40 plus in the DFW area, Servpro is the leader in the restoration industry.  Their local franchise system allows for their experienced and highly trained professionals to respond faster to emergencies.  Available 24/7 Servpro professionals are always ready to respond to calls and get to work cleaning and restoring your property.

Whether it’s a water heater that leaks in your family home, a toilet that overflows and runs all weekend affecting multiple floors in a high-rise office building or a whole town dealing with a flood Servpro, with its individual franchises and storm teams strategically placed around the country has the resources to handle any size disaster.

The best way to deal with any disaster is to be prepared.  That is why Servpro offers a free app for your phone called an ERP – Emergency Ready Profile. The ERP includes all the information you will need to access in case of an emergency and because it is on your phone it will always be with you one touch away.

Servpro of Southwest Fort Worth and Lake Arlington are a proud member of the Servpro family and have been serving Southwest Fort Worth and Lake Arlington for over ten years.  They are always available to help with any water, fire or storm damage restoration as well mold remediation and cleaning services.


Call - 817-460-7666 24/7 Or visit servproofsouthwestfortworth.com for more info

July 2016 Fort Worth Housing Report

The Greater Fort Worth Association of Realtors recently released the July 2016 Fort Worth Housing Report, below.