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Candy's House of the Week

Dallas power couple Cindy and Howard Rachofsky sell haute Preston Hollow contemporary

Candy Evans
Jan 24, 2013 | 12:53 pm

Oh, my. Claire Dewar at Briggs Freeman has landed herself a hot one! On Tuesday, she listed the Preston Hollow family home of Dallas art collectors and philanthropists Cindy and Howard Rachofsky.

I have to admit my heart skipped a beat when I first saw the news. At first I thought they were selling the Rachofsky House over at 8605 Preston Rd., and it was just too much for me to take. But, no, like most folks of my age group, it turns out the Rachofskys are selling their family home at 5911 Glendora Ave., the stunning white 5,800-square-foot palace of contemporary perfection where they raised their children (who obviously never drank grape juice).

The Rachofskys are selling their family home on Glendora Avenue, the stunning 5,800-square-foot palace where they raised their children (who obviously never drank grape juice).

The home hit MLS on Tuesday for $2,695,000. For that very fair price, you get four bedrooms, including a master up and down; five-and-a-half baths; an office/study that is so minimal you wonder if there are even pens in a holder; state-of-the-art lighting; clean-lined kitchen; sleek pool and deck; and lush, green landscaping on the almost half-acre of goodness.

Old timers, of course, refer to this area as “new” Preston Hollow. The home was built in 1997, designed by the one and only Lionel Morrison, who also built the home next door.

The house also has an incredible organic garden, which Cindy and Howard have been eating from for years. Oh, and if that back balcony looks familiar, you are right: It is very similar to a balcony over at 6645 Northaven Rd., Amy and Darryl Kozelsky’s home, which was on the market last year for $9 millionish. That one’s no longer on the market, but this one sure is!

I am very, very crazy about the his-and-hers master bath, which totally explains the longevity of the Rachofsky marriage. That upstairs master was added by the couple, by the way; the sunken tub is in the downstairs master. There is also a gated driveway into a courtyard and a three-car garage. This area also has a very well-organized private police patrol staffed by off-duty DPD, so you can feel totally secure with all those big windows.

Now, just where are the Rachofskys moving? I mean, how do you surpass the brilliance of Lionel Morrison? Dewar tells me they definitely plan to move into 8605 Preston Rd., their Richard Meier masterpiece that is pure art, from the pavement to the last blade of grass on the property line — and, of course, on every wall in between.

Some couples downsize, but only Cindy and Howard Rachofsky can artsize!

Lionel Morrison designed Cindy and Howard Rachofsky's family home on Glendora.

Claire Dewar Briggs Freeman Sothebys
Lionel Morrison designed Cindy and Howard Rachofsky's family home on Glendora.
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homebuyer power play

Dallas declared one of the top 10 buyer's markets in the U.S. right now

Amber Heckler
Sep 18, 2026 | 2:35 pm
Dallas skyline with reflection
joe daniel price/Getty Images
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The tide has turned for the Dallas housing market, and buyers now have more power than ever to negotiate on their forever home, a new real estate report has confirmed.

Dallas has now become one of the top 10 strongest buyer's markets in the nation with sellers outnumbering buyers by 107 percent, Redfin's newest market trends report found.

Nationally, sellers outnumbered buyers by 58 percent in August 2026, which Redfin says is the largest gap on record. Out of the 49 most populous metros in the U.S., only five are considered seller's markets, and eight are considered "balanced" markets where the number of buyers and sellers are nearly equal.

That leaves the remaining 36 most populated U.S. metros as buyer's markets, which includes the biggest cities in the Lone Star State. In fact, four Texas cities rank among the 10 strongest buyer's markets in the country right now: Houston (No. 3), San Antonio (No. 6), Austin (No. 7), and Dallas (No. 8).

There were 30,854 sellers on the market in Dallas last month, more than double the amount of buyers (14,865). The market's tilt in favor of house hunters allows more legroom to be picky with the increased supply of available housing, while falling demand indicates less competition with other buyers.

"In most markets, buyers should negotiate on price and ask for concessions like repairs or help with closing costs," said Redfin senior economist Asad Khan. "Buyers shouldn’t assume every seller will budge, especially on a desirable home that’s already priced well, but they don’t need to rush into a deal that doesn’t feel right."

For sellers that want to stand out in a saturated market, Redfin suggests they should price their homes competitively and be prepared to negotiate.

A separate Redfin report found mid-September is the best time for Dallasites to buy a home, but other experts say hesitant shoppers have until early October to take the plunge.

Regardless of the timeline, the report warns that the recent surge of available housing is only beneficial for homebuyers that can afford it.

"High housing costs and widespread economic uncertainty have caused many would-be buyers to back off in recent years, creating the imbalance of buyers and sellers we see today," the report said.

The median price of a home in Dallas came out to $408,561 in August, though 79 percent of all home sales in the city sold for below their original asking price.

The top 10 strongest buyer's markets in the U.S. are:

  • No. 1 – Nashville, Tennessee
  • No. 2 – Miami, Florida
  • No. 3 – Houston, Texas
  • No. 4 – Orlando, Florida
  • No. 5 – Las Vegas, Nevada
  • No. 6 – San Antonio, Texas
  • No. 7 – Austin, Texas
  • No. 8 – Dallas, Texas
  • No. 9 – Atlanta, Georgia
  • No. 10 – Phoenix, Arizona
"Nashville, Texas, and Florida are home to robust buyer’s markets partly because they have some of the most active homebuilding pipelines in the country, with newly built homes continuing to hit the market even as demand cools," the report said.
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