hot

Photo courtesy Flickr

As the mercury climbs and we spend more time in the air conditioning and planning our outdoor activities for evening or early morning, you might find yourself curious — how hot is Dallas in relation to the rest of the country?

The publication 24/7 Wall St. used data from the National Oceanic Atmospheric Administration to determine the country’s 50 hottest cities, based on how many 90-plus degree days per year the cities have. Ultimately, they came up with a list of 50 cities with populations of at least 10,000, where the temperature reaches 90 or above for more than 67 days a year.  (more…)

Are you moving to Dallas from out of state? Here are 7 things no one tells you about Texas according to Jenny Harrison. (file photo courtesy Wikimedia Commons)

By Jenny Harrison
Special Contributor

Pop culture stereotypes have ruined the image of Texas — the brave and beloved Lone Star State. For those who haven’t been there or haven’t met someone from Texas, it is the state of short-tempered rednecks, wild cowboys, and dumb blondes. The reality, however, is different and shockingly more interesting.

Texas is the second largest economy in the US, worth around $1.6 trillion, and that’s probably the reason you are moving to Dallas or San Antonio. With a 13 percent increase in employment over the last year, it is among the top five states to offer lucrative job opportunities. The cost of living is slightly lower than the national average and that makes it a great place to save money and raise a family.

These are the things you rarely hear about Texas. So today, we will talk about things that no one tells you about Texas when you are stuck on whether you should or shouldn’t move to Texas.

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(Photo courtesy Flickr)

How much better did the 75243 zip code in Dallas fare in flipping profit than the rest of the nation? How did home sales look for North Texas in August? How are home sales and prices looking across the state?

We’ll answer all that and more in this week’s real estate news roundup. (more…)

homeIt takes about a year and a half for a home to hit the buy-rent breakeven horizon in the Dallas-Fort Worth area, research by Zillow economists for the first quarter of 2018 revealed.

The Zillow Buy-Rent Breakeven Horizon measures the amount of time it takes for owning a home to make more financial sense than renting the same home. (more…)

It took years for the Oak Cliff Streetcar route to go from a dream to reality. Rail expert Hayley Enoch breaks down the long process of how new mass transit comes on line.

It took years for the Oak Cliff Streetcar route to go from a dream to reality. Rail expert Hayley Enoch breaks down the long process of how new mass transit comes on line.

By Hayley Enoch
Special Contributor

[Editor’s note: The now free Dallas Festival of Ideas kicks off tomorrow and runs through Saturday, with speakers and panels focusing on the future of our city. One subject that comes up time and again is the need for walkable cities and more accessible mass transit. To facilitate that discussion, we asked rail journalist Hayley Enoch to break down the long process of how mass transit ideas become reality.]

Dallas-area residents don’t have to travel too far from their driveways to see that our local highway system has not kept up with demand. One hour drive times, even for small errands, have created a population eager to invest in light rail, streetcars, and other forms of public transportation.

Despite the demand, new public transportation projects and expansions to the existing system have been slow to materialize. This gives ammunition to those who call for wider highways and more toll roads, and believe that public transportation cannot efficiently serve Dallas-area residents. However, what makes expanding the system to keep up with demand difficult isn’t so much that civic planners are unaware of the need for additional capacity, but that there is a  complex pre-planning process that must be carried out before any new construction can begin. A better understanding of the process could help residents of Dallas-Fort Worth plan for our transportation future.

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Jo vs Kylo Ren

I did my best to use the force against Kylo Ren.

Huge Star Wars nerd that I am, I went to the special screening of The Force Awakens hosted by Keith’s Comics at Studio Movie Grill. Let’s just say that, if you’re a fan of the force, you’ll love this film. Big props to J.J. Abrams for doing right by the franchise. Last night, however, was pretty dang magical as a bunch of cosplayers showed up and whipped Padawans, Jedi, and Sith of all ages into a frenzy over the film’s opening.

Afterward, I wanted to take that magic home with me, maybe to a house that felt straight out of Episode VII. So I rounded up a list of five homes in Dallas-Fort Worth where the force is particularly strong. See for yourself:

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Home Prices for Dallas-Plano-Irving are projected to increase in the coming years, according to Local Market Monitor.

Home Prices for Dallas-Plano-Irving are projected to increase in the coming years, according to Local Market Monitor.

Sure, economists are saying that the Dallas-Fort Worth area have posted new gains in 2014, and that home price growth for the North Texas metro areas is projected to increase in 2015 to the tune of 9 to 11 percent, but more and more people are starting to take a closer look at those numbers and see that, while it’s good news overall, home prices need to be viewed with greater local perspective. Afterall, the MSA that includes Dallas — Dallas-Plano-Irving — is vast and diverse. The same can be said for the Fort Worth MSA — Fort Worth-Arlington.

So, while we are encouraged to see both Local Market Monitor and CoreLogic give glowing reviews of the Dallas area and Texas as a whole, we need to get more specific data to get a clearer picture of home prices, home values, and where you can buy a property that will actually appraise. After all, real estate isn’t just local, it’s hyper-local.

In the Fort Worth-Arlington MSA, home prices will have a year-over-year boost of 9 percent, according to Local Market Monitor.

In the Fort Worth-Arlington MSA, home prices will have a year-over-year boost of 9 percent, according to Local Market Monitor.

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Klyde Warren Park during the Arts District Block Party June 20.

Hundreds of people flock to Klyde Warren Park during the Dallas Arts District Block Party June 20.

We know that North Texas’ strong and growing job market keeps people flocking to our metro area, and that population increase, along with corporate relocations and an attractive business environment, is driving our local economy. It’s driving up housing demand and home prices, too.

So we’re not surprised to hear that the U.S. Metro Economies report ranks the Dallas-Fort Worth-Arlington metro area as one of the fastest-growing economies in the nation. “Booming,” by their estimates. The North Texas area ranks No. 6 in the nation with a Gross Metropolitan Product of $440.1 billion in 2013. The news, which was announced at the U.S. Conference of Mayors by analysts IHS Global Insight, has everyone buzzing about our fair burg. And for good reason.

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