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What's An M Street?

The M Street Area is a neighborhood in Dallas, Texas stretching between the Dallas Central Business District and White Rock Lake.


Ken's Market Area

While this website focuses on the M Streets, Ken's market area extends all the way from North Oak Cliff in the south to Richardson in the north.


M Street Architecture

I first became interested in M Street homes because of the charm of the architecture. If you can't tell the difference between a Craftsman and a Tudor, let me tell you about the architectural styles common to the M Street area.


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Declining levels of inventory have ignited a sellers market

Chart of Dallas home inventory levels between 2009 and 2012.


The number of homes available for sale in Dallas has dropped sharply since this time last year. The number of months of inventory reached a low, low value of 3.3 months in the Dallas-Irving-Plano MSA in the fourth quarter of 2012.

As the level of inventory dips far below the 6-month level, the nature of the interaction between buyers and sellers turns into a Sellers Market:

a) The most attractive homes sell very quickly.
b) Average days on market trends down.
c) Average price trends up.

What This Means To You As A Buyer: Decide quickly when you like a home. It may not be available tomorrow.

Notes:
1) Data on the chart is from the Texas Quarterly Housing Reports for 2009-2012, available at the Real Estate Center at Texas A&M University.
2) The data for "Dallas" is for the Dallas-Irving-Plano Metropolitan Statistical Area, not the city limits of Dallas.
3) It is customary in the real estate industry to express the level of inventory as "months of inventory," rather than stating the exact number of homes on the market. This gives a better indication of the state of the market.


What's An M Street?

The M Street Area is a neighborhood in Dallas, Texas stretching between the Dallas Central Business District and White Rock Lake.


I Like To Show Off My Neighborhood

Give me a call, and I'll take you on a guided tour of the M-Street/Lakewood neighborhoods in Dallas. I've been selling homes in this area for more than two decades. I live here myself. I like to show off my neighborhood. And I like to meet new people!

This invitation is offered without obligation.


MY PLEDGE OF SERVICE TO THE HOME BUYER

I WILL be easy to contact and I will respond quickly to your phone calls, emails, and text messages.

I WILL supply you with all the information and support you need to make a well-informed decision.

I WILL share with you everything I?ve learned about homes and the homebuying process in 20-plus years as a REALTOR.

I WILL provide a thorough analysis of home sales data for the neighborhood when you are preparing to bid on a home.

I WILL make all listings available to you on an equal basis, without giving preference to homes that happen to be listed with RE/MAX.

I WILL always remember this is your home search, not mine.

I WILL be patient and respectful of your viewpoint.

I WILL give you time to consider your alternatives, and will not press you to choose a home quickly.

I WILL negotiate vigorously and effectively to get you the best price and terms for the house you choose.

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The ideas and opinions expressed here are Ken Lampton's ideas, and are not necessarily those of his Broker or of RE/MAX International, Inc. The information on this website should not be construed as a recommendation for any course of action regarding financial or legal matters.

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