Dallas-Fort Worth

Illustration courtesy Flickr

Dallas-Fort Worth is at the top of a list ranking the best cities for science, technology, engineering, and math jobs, the new home market is percolating in DFW, and we find out where North Texas falls in a look at underwater mortgages and home equity, all in this week’s roundup of real estate news.

Dallas-Fort Worth Tops List of Best Cities for STEM Jobs

Dallas-Fort Worth took the top spot nationally in a ranking of best cities for STEM jobs, AEI Housing Center announced last week. (more…)

Hamilton is a great street in this area

3720 Hamilton Avenue is a hit in the Monticello neighborhood of Fort Worth (photos: Trey Freeze Media)

What do you know about Hamilton? With the recent success of the hit Broadway musical with the same name, we probably know more than Alexander Hamilton knew about himself.  But I’m not talking about that Hamilton.

I’m talking about the new listing at 3720 Hamilton Avenue in the Monticello neighborhood of Fort Worth.

This traditional Colonial-style home sitting on a Double Homesite in one of Fort Worth’s finest neighborhoods

Side Note: Isn’t it funny how cities look to events that happened hundreds of years ago which had zero effect on that city or area for names. For instance, the Monticello neighborhood, Hamilton Avenue … you think there’s a Cowtown neighborhood with a Bowie Avenue somewhere in Virginia?  I doubt it.

Listed by Kendall Karr of Williams Trew Real Estate, this exquisite home of 4,500 square feet built in the Colonial tradition is definitely a home worth seeing.

Hamilton is a fantastic street

There is so much room both inside and outside this home. Truly unique in what it offers buyers.

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Fort WorthVista Bank named a new president for its Fort Worth market, Cushman and Wakefield announced a new hire, and Governor Greg Abbott named a new chair of the Texas Real Estate Commission.

Grant James

The 107-year-old Vista Bank announced last week that it had hired Fort Worth banking veteran Grant James to head its market there, where he will serve as president.

James has 40 years of industry experience and is a graduate of TCU. His role will include leading a team of bankers there, growing market share through retail and commercial business development, and establishing brand awareness.

“Vista Bank has been focused on growing our presence in the thriving city of Fort Worth over the past several years,” noted Vista Bank President and CEO, John D. Steinmetz. “An experienced and well-respected banker in the Fort Worth community, Grant James is a strategic addition to our leadership team and we are excited to have him.”

James will office at Vista’s Fort Worth location, 1300 Summit Ave.

“As my banking career has progressed over the last 40 years, I’ve become a firm believer in the community banking model,” noted James. “Even in our busy world, each of us has a desire for some degree of personalized attention – in a word, ‘hospitality.’ By delivering traditional banking services with a focus on hospitality, we intend to create unique experiences that clients will feel compelled to share with friends and family.” (more…)

populationTwo out of three of the metropolitan areas that had the largest population growth were in Texas, and three Texas metropolitan areas were in the top 10 nationally, new census figures revealed.

The Dallas-Fort Worth-Arlington MSA topped the nation when it came to numeric population growth, the most recent Census Bureau data revealed Thursday, with a gain of 131,767 in 2018, or 1.8 percent.

Census officials attribute the growth to migration — both domestic and international migration — as well as natural increase (having more births than deaths). In fact, natural increase impacted DFW growth the most, while domestic migration was the largest source in Phoenix.

“One interesting trend we are seeing this year is that metro areas not among the most populous are ranked in the top 10 for population growth,” Sandra Johnson, a demographer in the Census Bureau’s Population Division, said in a statement. “Though no new metro areas moved into the top 10 largest areas, Phoenix, Seattle, Austin, and Orlando all experienced numeric increases in population since 2010, rivaling growth in areas with much larger populations. This trend is consistent with the overall growth we are seeing in the south and the west.” (more…)

Dallas-Fort Worth

Photo courtesy Wikimedia Commons

Four Texas metros hit the U.S. News and World Report list of best places to live — and Dallas-Fort Worth was in the top 25. But how did the city fare in a study of diversity? And where do Millennials want to move?

We cover all this and more in this week’s roundup of real estate news. (more…)

Zoo

In a bold, some may say brutal example of “highest and best use,” the  City of Fort Worth has announced plans to sell the Fort Worth Zoo. Founded in 1909 with one lion, two bear cubs, an alligator, a coyote, a peacock, and a few rabbits the 110-year-old zoo is now home to some 7,000 animals. The 64-acre parcel will be subdivided into 172 lots for residential development.

Zoo

Jocelyne Carp

“It was a difficult decision,” a city official was quoted as saying “But the land is just too valuable to keep as parkland. The offering is expected to raise hundreds of millions of dollars which will add substantial capital to employee pension funds.”

The reaction was strong and swift. The prominent and powerful Perch family, longtime major zoo supporters, expressed their dismay through spokesperson Jocelyne Carp.

“We were just flabbergasted. It’s a sad day for the city,” said Carp. “Apart from protesting in the strongest possible terms, there is, apparently, little we can do from a legal standpoint,” she added.

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scenic bluffThe neighborhood of Scenic Bluff has been described as a great neighborhood for new buyers looking for proximity to downtown and the Stockyards, but also want greenspace, yards, and a bit more privacy than the average apartment provides.

Which is why this adorable cottage at 2521 Dalford Street is a perfect example of what you can find in the Scenic Bluff neighborhood. It’s just a quick scoosh from Oakhurst Scenic Drive, where you can enjoy gorgeous greenspace overlooking the Trinity River, with its walking area and views of the city.

In the case of this two-bedroom, one bath home built in 1941, the sellers have done much to retain the original charm but still appeal to modern needs. The hardwoods throughout are original to the home, and there are original built-ins and moldings throughout as well.

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fort worthWe talk a lot about the downtown Dallas skyline and the amazing views you can get from high-rise life there, but in today’s look at available rentals, we’re trekking over to downtown Fort Worth, and the Neil P.

We’ve talked about the Neil P. before — our Eric Prokesh took a look at the building’s history when he wrote about a ninth-floor unit that was for sale. The historic building had it’s beginning as the Neil P. Anderson Cotton Exchange, designed and constructed by the leading Fort Worth architectural firm Sanguinet and Staats in 1921. (more…)