Addison, TX

Condo for Sale: So my friend is on the move and his condo just went up on the Market. In Addison Circle - great central location. Even has the history of a past MLS player to have once owned it!

Geoffrey Davis

Davis Family Lending, LLC

214-975-1266- fax

214-529-9622- cell

Geoffrey is the "Frisco Mortgage Guy"!

p.s. Frisco Sunrise Rotary is promoting a 5k and 1 mile fun run/walk on March 13^th. Join us at the 2^nd annual Lochrann's Paddy Dash in beautiful Frisco Square to benefit Frisco Family Service Center (FFSC). Kids 8 and under can run in the Piddy Pat 50 yard dash and you can enter your dog in the Piddy Paw where all proceed go to the Frisco Dog Park group. More than just a run, this event is intended to have something for the whole family. There will be bounce houses for the kids, a silent auction, face painting and a few surprises.

Addison Pacesetters (the 50+ group) meet the first Wednesday of each month at Dunn Bros. Coffeehouse on Beltline Road and learn about the Town of Addison. This month, Carol Butler, the publisher of the bi-monthly Senior Voice newspaper, spoke to us. Here are some interesting tidbits from her presentation.

• The idea for the paper was conceived 7 years ago.
• Today's circulation is 20,000 copies, 6 times a year
• There is space in the paper for poets and writers and Dallas/Fort Worth news
• Carol is not only the publisher, but the editor and owner as well
• The publication is free or a subscription can be purchased for $12/year
• A new website is under construction and will showcase events, blogs, resources and movie & book reviews.
• In the next issue of the paper - an interview with Curtis Roosevelt, great grandson of FDR, who will speak at the Dallas Public Library

Next month, the first Wednesday is March 3rd. Come out and join the Addison Pacesetters at Dunn Bros.

Addison, Texas Real Estate: Properties Listed in January, 2010.

22 homes came on the market in Addison, TX in January, 2010 (up from 6 last month). In addition to the homes below, there are another 35 that have been on the market for more than a month. Now is the time to buy in Addison! If you are looking for an Addison home, call me! Now is also the time to sell, while inventory is still relatively low!

New Addison Listings: January 2010

*Bank Owned/REO

** Expired and relisted

Posted Addison Foreclosures for February, 2010

Addison, Texas has not been as hard hit with foreclosures as other parts of the country, but foreclosures do exist here. The foreclosure auction is held at the county courthouse on the first Tuesday of each month. Properties on the following streets are posted for the February 2, 2010 auction and include 1 condo and raw land:

• Addison Circle (condo at Aventura)
• Dallas Parkway (raw land)

If you think you might be interested in purchasing a property at the foreclosure auction, I suggest that you attend the auction for a few months, learn the procedure, and do your research about any property you might want to bid on. In Dallas County, the auctions are in the basement of the courthouse and trustees representing multiple banks sell at the same time. It's quite an interesting process. Only about 5% of the posted properties sell. The rest are taken back by the banks and may eventually be listed through real estate agents. It is usually the properties with lots of equity that sell.

Super 8 Motel in Addison Wants P&Z Variance.

If you live near Midway Road and Beltway in Addison Texas, you are probably aware of the Super 8 motel that sits behind Jaxx Steakhouse. Be advised that the owner of the Super 8 has requested that the Planning & Zoning Commission allow a tower to be built atop the hotel so that he can display signage on all sides of the tower. Specifically, he is proposing an amendment to an Addison ordinance to allow a change in building height above 35 feet.

A public hearing on the matter is being held by the Planning and Zoning Commission on Thursday, January 28, at 6 p.m. in the Council Chamber of the Addison Town Hall, 5300 Belt Line Road. Homeowners in the Towne Lake Townhomes to the west of the motel are opposed to the variance and plan to attend the P&Z meeting.

Homeowners in the Midway Meadows subdivision and Pecan Square Condominiums might also be affected by the passage of the variance, as property values could be impacted. If you can't attend the meeting, send your thoughts on the matter to Carmen Moran, Town of Addison staff liaison for the Planning and Zoning Commission, cmoran@addisontx.gov.