PlanoPlano and Arlington are at the top of a list of best places to drive, pending home sales fell in July, and Realogy announced that its agents lead a top LGBT+ agent list. We have all this in this week’s roundup of real estate news.

Plano, Arlington Rank in the Top 25 for Best Places to Drive

You have to wait until No. 13 to find a North Texas city on WalletHub’s Best and Worst Places to Drive, but once you get there, it’s Plano that leads the DFW pack. Arlington comes in at 25th, according to the study, which looked at the 100 most populated U.S. cities. (more…)

Fort WorthFort Worth is the country’s third-fastest growing city, North Texas cities are in the middle of the pack when it comes to being flip-friendly, and DFW rents rose — but not by as much as the national rate. We have all this in this week’s roundup of real estate news.

Fort Worth Country’s Third-Fastest Growing City

Fort Worth is the country’s third-fastest growing city, an analysis of U.S. Census data conducted by CityLab revealed.

Richard Florida,  co-founder and editor at large of CityLab, assembled a team of researchers to examine what cities have bounced back and are experiencing growth in population and jobs, and which ones are still struggling post-recession. The team looked at Census data between the years 2012 and 2017. (more…)

Arlington

Courtesy Visit Arlington

From staff reports

What may be a well-kept secret isn’t anymore — one of the hottest neighborhoods in the state, no, the entire U.S. is in Arlington. 

Seriously.

A recent Realtor.com report looked at the most sought-after neighborhoods in the U.S., and — surprise — Arlington’s 76018 zip code was the eighth-most sought-after neighborhood in the country. 

“These are the kind of places where the average buyers don’t need to auction off their first-born child to have enough money to become a homeowner,” Realtor.com said. “Most offer median prices well below the national median list price of $316,000. But buyers had better be quick, because homes in these ZIP codes are selling much faster than the national median of 56 days on the market.”

And that’s true of 76018, too. We took a gander at how many homes were available in the median price for the zip of $215,050, and found a mere 41 listings in the $200,000 to $300,000 range — and several were already under contract.  (more…)

ArlingtonTexas is the 12th-best state when it comes to jobs, rent increases in Arlington are among the highest in the nation, and Dallas-Fort Worth is expected to add jobs this year. We have all the details in this week’s roundup of real estate news.

Texas Ranks 12th For Jobs

Arlington

Texas was tops in the country for monthly average starting salary, but took 12th overall in a WalletHub ranking of the best states for jobs. (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…)

recessionThe two Metropolitan Statistical Areas that encompass Dallas-Fort Worth ranked in a recent list of top 10 metros that have recovered the most from the Great Recession, HSH.com said.

But that recovery isn’t all that usual — 27 major cities still haven’t seen home prices recover peak values they were posting pre-recession. But that number is dropping, HSH said, and so far, 73 U.S. home markets seen complete recovery.

Dallas-Plano-Irving found itself in fourth place, with home prices 68.51 percent above peak). Fort Worth-Arlington was fifth, at 59.85 percent above peak.

Three more Texas metros found themselves on the recession recovery list as well: Austin-Round Rock at No. 2 (72.55 percent), Houston-The Woodlands- Sugarland at No. 6 (57.05 percent), and San Antonio-New Braunfels at No. 8 (44.47 percent).

“Although the Denver-Aurora-Lakewood, CO metro still holds the top slot, Texas markets dominate the most recovered group, holding five of the 10 slots,” the company said.

Additionally, El Paso made the company’s “nearly recovered” list, signaling that its current values are only one or two percent below previous peaks, and that the city is likely close to making that “fully recovered” list, possibly even by the next quarter.

The rankings are determined by using the Federal Housing Finance Agency’s Home Price Index to determine which markets have recovered fully and which ones are still lagging.

In honor of the Dallas Cowboys’ Wildcard win last night, we’re putting this week’s Suburb Sunday spotlight on Arlington. Home of the Dallas Cowboys, Texas Rangers, International Bowling Museum, and plenty more, Arlington is known for its vibrant, family-friendly entertainment district that’s perfect for busy families who love taking in the local sights. We love taking in the sights of these great homes in Arlington.

5,000 Square Feet of Lake Luxury

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southwest arlingtonSometimes, you want a home that feels like a retreat, but is also not too far from the amenities of big city life — and our Saturday Six Hundred in southwest Arlington is a home that certainly fits that bill.

This Traditional home built in 2001 has three bedrooms and two-and-a-half bathrooms, and a floor plan that makes the most of its 3,730 square feet. Settled on a large corner lot in a secluded, wooded neighborhood, beautiful trees surround the home at 5301 Westhaven Road.

Inside and outside, this home was made for entertaining. An open floor plan downstairs and a large game room upstairs mean plenty of space for watching the game, having a dinner party, and racking up for a game of pool.   (more…)