Dallas Police and Fire Pension Fund
Our real estate market has never been better. North Texas sales were up 26% in November. Our median home price is now $230,000. Yeah, the trophy home sales are a little soft, but our region saw some of the biggest property price/value increases in the country in September, just three months ago. We are up a…
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This is one of the biggest pickles Dallas, or really any U.S. city, has been in. As we have mentioned, the police and fire pension is asking the taxpayers of Dallas to make up a $1.1 billion shortfall. At the same time, the police are SUING Dallas for $4 illion in back pay, IF they…
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How badly has our real estate market been harmed by this news? Why did he wait until now, or was Rawlings’ timing impeccable? The news about Dallas’s Police and Fire Pension System goes from bad to worse. And it continues to be negative national news that could potentially hurt our housing market. In particular, the…
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As if the doom and gloom from the almost-over election isn’t bad enough, the city of Dallas has an economic crisis brewing that will most likely mean higher property taxes in the future. How would that affect our local real estate market? I was speaking to a prominent agent last week about the sticker shock…
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After a few negative headlines, including a potential FBI inquiry and some trepidation about some serious losses, the Dallas Police and Fire Pension System has created a new position to oversee the $3.1 billion portfolio that funds the retirement income of our city’s first responders. The pension system has brought in Texas Tech University System assistant…
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