September 2007
Lucy Billingsley
As the daughter of Trammel Crow it is no surprise the Lucy has real estate in her vanes. Today Lucy gave an overview of the residential real estate market and the impact of the sub prime mortgage on the available inventory in Dallas and Fort Worth. In a nut shell, residential real estate is facing some serious problems.
The one bright spot is in condo sales. The Central Business District (CBD) of downtown Dallas is experiencing a huge rise in interest and growth. She spoke at length about her real estate interest in the 1 Art Condo projects she has built and the leasing and sales efforts and more importantly the type of clientele.
She also discussed the impact of the Trinity River Project and way this huge development is crucial to the overall success of the revitalization effort of downtown Dallas.
