Rich Patterson, Realtor, RE/MAX Urban, Downtown Dallas, Uptown Dallas, Oak Lawn, Oak Cliff

2011 Cedar Springs | Luxury Urban Lofts in Uptown Dallas - Contact Rich Patterson, Downtown / Uptown Dallas Realtor

Sunday, 02/05/2012


Real Estate News
Dallas & National



2011
Annual School Report

This Annual School Report is provided by my friends at Republic Title


WR Starkey Mortgage News

Another mixed bag this week as the Gross Domestic Product came in at 2.8% which fell short of the wish-estimate of 3.2%. Add to this the uncertainty in Europe and it’s like we are floating down a river which has rapids. We have to just tread water so we can keep our head up to see what rock is coming at us. Once we get to some smooth water, we can feel comfortable putting our head down and swimming forward with out worrying about crashing into an economic rock that would knock us out.

Anyway…the good news is that because of this the Fed announced again that it will continue to keep rates low. Excellent! Remember what I said last week about buying power. Tell your clients that they have approximately 25% more buying power today than in 2007. What an opportunity!

This week Freddie Mac’s 30 year fixed rate ticked up a bit to 3.98% depending on program, credit and points. Have a great weekend and have your buyers call us so we can get them approved to buy.

This update is provided by my friends at WR Starkey Mortgage. Contact Susan Moore with WR Starkey for your loan approval and call or email me to help you find and close the sale on your new home.


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Rich Patterson

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Dave Perry-Miller & Associates
(214) 563-1667 mobile
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Rich Patterson - Dave Perry-Miller Dallas Texas Real Estate

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2011 Cedar Springs Road

Developed by CLB Partners in 2000 as the flagship development, 2011 Cedar Springs Road is a luxury loft development just north of downtown in Uptown. This community features 45 luxury loft condominiums at an average size of about 2,300 square feet. Each home has 20-foot windows and extra large balconies with spectacular views of Downtown Dallas. Units also feature hardwood floors, stained concrete, granite kitchen surfaces and large bathrooms with oversized showers and whirlpool tubs. Community amenities are a swimming pool, security systems, and secure, covered parking.

Situated on the northern edge of the Dallas Central Business District, the community is within walking distance of the American Airlines Center, and numerous restaurants, shops, and galleries. The McKinney Avenue Trolley stops a block away in front of 1999 McKinney (also developed by CLB Partners) giving you access to just about all of Uptown and on to Downtown Dallas and the Arts District. Of course, downtown and the Arts District is also walking distance from this property.

2011 Cedar Springs Road scores a 88 on WalkScore. Walk Score helps people find walkable places to live. Walk Score calculates the walkability of an address by locating nearby stores, restaurants, schools, parks, etc. Walk Score measures how easy it is to live a car-lite lifestyle.


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All information herein is deemed reliable but not guarantee and should be independently verified. Broker and Agent assumes no responsibility for errors, omissions, prior sale or withdrawal. In accordance with Local, State and Federal Laws, properties are offered without respect to race, color, national origin, religion, sex, familial status (including children under the age of 18 living with parents or legal custodians, pregnant women, and people securing custody of children under the age of 18), marital status, handicap (disability), and sexual orientation.


Connecting home buyers and sellers in Dallas, Fort Worth and surrounding Metroplex communities.

Dave Perry-Miller & Associates
2828 Routh Street, Suite 100
Dallas, Texas 75201
Texas License #0578882
(214) 563-1667 mobile
(214) 853-9497 fax
(214) 303-1133 office

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