| The highest end of the real estate market seems to | | | | are interested in pre-exizting homes and building sites |
| be well beyond the woes of the rest of the world. | | | | in these areas are also in high demand. |
| Claims of a downturn in the real estate market have | | | | With easy access to the petroleum, |
| had little effect on the luxury market in North Texas | | | | telecommunications, IT, and commerce industries, |
| - in fact, sales of Dallas area mansions are up 25 per | | | | North Texas is a great location for the big business |
| cent at a time when the lower-end of the market is | | | | players. The proximity to the Dallas/Fort Worth |
| dropping. Financing conditions that may prohibit those | | | | Airport, one of American Airlines' hubs, is an added |
| in a lower income bracket are less of an issue to the | | | | bonus, allowing a painless commute to international |
| multi millionaire crowd. Tougher conditions may make | | | | destinations. |
| the market trickier to break into for first time | | | | It's no surprise that this area has one of the highest |
| buyers, but with booms in the energy industry and | | | | concentrations of billionaires in the world, but living in |
| the stock market, a whole new crowd of multi million | | | | North Texas is just plain attractive, regardless of |
| dollar buyers, many of them young people, have | | | | your income bracket: with a humid, subtropical climate |
| popped up. In the first six months of 2007 over 500 | | | | and an average of just three days of snow a year, |
| million-dollar homes were bought in North Texas, | | | | the weather appeals to the super rich and just about |
| proving that this area continues to be attractive to | | | | anyone else. Dallas's happening entertainment scene |
| the upwardly mobile. | | | | including restaurants ranked number one by Zagat, |
| From custom homes in gated communities to turn of | | | | more eateries per capita than New York City and a |
| the century charm, it's easy to see why | | | | new multi-venue performing arts center including an |
| neighborhoods like Frisco, Bluffview, Preston Hollow | | | | opera house due to open in 2009. |
| and Park Cities (including the prestigious Highland | | | | The old adage rings true here: Location, location, |
| Park) are attracting the big money. North Texas | | | | location. North Texas is clearly a preferred setting, |
| features a variety of architecturally stunning homes | | | | and the multi million dollar homes in this area will |
| including French Country estates, Tuscan style villas | | | | continue to sell for exactly this reason. |
| and classic English Tudor homes. Not all customers | | | | |