Premier Horse Property Located in Southlake Texas from Tommy Pennington on Vimeo.

Amazing country living in the city! Incredible 5.2 acre estate across from equestrian trails & parks. Fantastic open floor plan & tranquil outdoor living are great for entertaining. Large island kitchen has granite counters, b-in fridge, micro, dbl oven & warming drawer. Split master retreat has fireplace & luxurious bath. Upstairs game room, media room & study. Plenty of room for horses in the barn & pasture. Also 2 stock tanks & cross-fencing. Call Tommy Pennington today for details 817-416-9000!

520 W Highland Southlake Texas- Tommy Pennington Realty Group from Tommy Pennington on Vimeo.

Incredible Southlake Estate offered by Tommy Pennington Realty Group located in the heart of Southlake, TX

Currently, the Tommy Pennington Realty Group has 37 ACTIVE listings, 2 ACTIVE OPTION, 2 PENDING, 14 CLOSED and 3 offers on the table working on negotiations!  In a time when the media has all but given up on the housing market and called it "belly-up", we are thriving.  Demographically speaking, in the last 8-10 years alone, Southlake has seen at least a 23% increase in population and it's steadily on the rise.  States such as Florida, California, Illinois, Oklahoma and Louisiana are migrating to Texas and mainly the DFW area.  What does this mean to you?  Well, for starters, you can take it as a sign that the housing market, though having gone through a lull, is not dead.  We are actually on the rise from where we were this time last…

The last 3 weekends have been painfully slow.  The homes north of the 700,000 price point seem to be even slower.  I'm still thinking we will have people come into town after schools starts.  There appears to be a group of relocation Buyers that are currently here in the marketplace living in temorary housing.  I'm hoping that once their homes sell in other out of state markets, we will see an increase in demand.  Stay tuned for the outcome.