Real Estate News: North Texas Has the Jobs, and the Tech

jobsNeed a job? North Texas is a hot spot for jobs, and especially tech jobs. We have the details, as well as a list of finalists for the MetroTex Association of Realtors annual awards, in this week’s roundup of real estate news.

METROTEX TO HONOR BEST OF THE BEST IN DECEMBER

Twelve North Texas Realtors have been named finalists for four different industry awards the MetroTex Association of Realtors will dole out in December, the association said last week.

The association will have its annual officer installation and awards ceremony Dec. 11 at the Statler Hotel.

Finalists are:
Easterwood Cup Award (Realtor of the Year): Belinda Epps, Epps Realty; Cathy Mitchell, Keller Williams; Teresa Rutherford, Rutherford Realty.

Lois Hair Bernays Award (Salesperson of the Year): Carrie Hill, Dave Perry-Miller Real Estate; Sid Thom, RE/MAX Premier; Taylor Walcik, The Blair Group.

Ebby Halliday Community Service Award: Linda Argo, Clay Stapp + Co.; Carrie Hill, Dave Perry-Miller Real Estate; Anna Hudson, Ebby Halliday.

Affiliate of the Year: Clayton Bailey, Green Scene Home Inspections; Chelsea Clayson, Tiago Title; Anginette Cells Jorrey, Fairway Independent Mortgage.

In addition, Cathy Mitchell (Keller Williams), Terry Tremaine (Century 21 Mike Bowman), Bill Jordan (Longhorn Real Estate), and Linda Callicutt (Coldwell Banker Residential) will be installed as 2019 President, Vice President, Secretary/Treasurer, and Past President, respectively.

The event will be held Dec. 11 from 6:30 p.m. to 8:30 p.m. at the Statler Hotel. For more information or to purchase tickets, click here.

DALLAS AREA FIFTH IN JOB CREATION STATEWIDE IN SEPTEMBER

Texas A&M Real Estate Center

Job creation grew at a pace of 3.6 percent in September in the Dallas-Plano-Irving metropolitan area, compared to the state rate of 3.3 percent, the Texas A&M Real Estate Center’s review of the Texas economy for the month revealed.

Fort Worth-Arlington came in below the state average at 2.3 percent, but was still 11th for job growth in the state.

Dallas and Fort Worth came in second and fourth, however, when it came to their shares of total Texas jobs, with Dallas retaining about 21 percent of the state’s jobs, and Fort Worth having about 8.4 percent.

The state gained 406,400 non-farm jobs year over year,  nonagricultural jobs from September 2017 to September 2018, an annual growth rate of 3.3 percent, higher than the nation’s employment growth rate of 1.7 percent.

The nongovernment sector added 402,500 jobs, for an annual growth of  3.9 percent, also more than the national rate of 2 percent. The state’s seasonally adjusted unemployment rate for September was 3.8 percent, a drop from the 4 percent of September 2017.

The state’s actual unemployment rate was 3.7 percent, with both Dallas and Fort Worth coming in at 3.4 percent.

AUSTIN AND DFW IN TOP 10 OF TECH TOWN INDEX

Austin-Round Rock and Dallas-Fort Worth took the third and sixth spots on the Computing Technology Industry Association’s 2018 Tech Town Index, the association said last week.

In Dallas-Fort Worth, there were 108,975 information technology job postings between July 2017 and July 2018, and IT jobs are expected to grow 10 percent over the next five years. The association also credited Dallas with having a cost of living that is lower (1.2 percent lower) than the national average, and higher pay (by $2.10/hour) than the national average for IT jobs as well. IT pros in DFW have a median salary of $84,614.

Dallas-Fort Worth’s ranking puts it just behind San Jose-Sunnyvale-Santa Clara, California; and just ahead of Seattle-Tacoma-Bellevue.