jobs

The Dallas-Fort Worth metro came in fifth in a ranking of best travel destinations in the U.S. (Courtesy WalletHub)

Texas will add almost 300,000 jobs this year according to the Dallas Fed, the Offices Two at Frisco Station topped out recently, and DFW ranked fifth overall in a recent ranking of best summer travel destinations. We have details in this week’s roundup of real estate news.

Texas Will Add 294,100 Jobs In 2019, Dallas Fed Says

Texas will add 294,100 jobs in 2019, the Federal Reserve Bank of Dallas forecast recently. Texas employment will jump by 2.3 percent, reaching 12.9 million by December 2019. (more…)

housing

Illustration courtesy Photofox

Rents and home prices continue to rise (even with a slight cooling), and much like salaries across the country, the salaries of teachers in Dallas-Fort Worth have not kept pace with those rising housing costs, a new analysis by Apartment List revealed.

In DFW, almost 24 percent of primary-earner teachers were burdened by the cost of their housing — the teacher cost burden rate was 48.1 percent higher than the rate for households where the primary earner was a college-educated non-teacher. The median income of teachers in the area is 30.7 percent less than the median income of full-time non-teachers with similar education. (more…)

business

Photo courtesy Pixabay

From staff reports

Thanks to the Internet, you can start a business just about anywhere, but 20 cities are better for budding entrepreneurs — and Dallas-Fort Worth appears there, WalletHub said this week.

Fort Worth ranked 11th on the list of 100, while Dallas and Irving were 15th and 17th, respectively. Three more North Texas cities made the 100-city total list: Arlington ranked 31st, Plano was 68th, and Garland 76th. (more…)

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…)

economyAs the state economy grows and employment continues to rise, how are new home sales in North Texas faring? We have the answers in this week’s roundup of real estate news.

Texas Economy Still Growing Faster Than Nation

The Texas economy is still going like gangbusters, adding 271,000 nonagricultural jobs year-over-year in March, the Texas Real Estate Center’s Monthly Review of the Texas Economy revealed.

That’s an annual growth rate of 2.2 percent, which is better than the national rate of 1.7 percent. (more…)

north texas

From staff reports

The good news is, North Texas isn’t dead last. The bad news is, North Texas barely cracked the top 50 best places for Realtors to live. But even that bad news is actually fairly good news, when you consider that WalletHub’s rankings were based on 170 cities.

Of North Texas cities, Fort Worth fared the best, coming in 43rd (Austin was the highest ranked Texas city, at 42). Dallas, Garland, Plano, Grand Prairie, Irving, and Arlington ranked 52, 72, 74, 82, 97, and 104, respectively.

In fact, statewide North Texas cumulatively fared much better than other pockets of Texas. (more…)

Ridglea HillsYes, yes, we know we just threw two groan-worthy puns in a headline, but seriously — this Ridglea Hills corner lot home is one of those houses you’ll be very sorry you didn’t jump on (see what we did there?) immediately.

We’d be remiss, however, not to mention this backyard at 6478 Lindell Avenue in Fort Worth. Yes, the house is updated, adorable, and ready for move-in, but it’s Easter, and this yard — from the lush grass to the covered back porch with ceiling fans to cut that Texas heat — is just begging for the Easter Bunny to visit and hide a few eggs.

(more…)

By Nikki Lott
Special Contributor

This Mother’s Day, buy flowers, do brunch, and then head to the 37th Annual Fairmount Historic Home Tour. Travel back in time and ooh and aah over all the incredible details like exposed beams, overhanging eaves and romantic wrap around porches.

There once was a time when we went outside, meet our neighbors and … talked. CAN YOU IMAGINE? Back then, you needed neighbors to get all the hot goss and a cup of sugar. Well, maybe that detail hasn’t changed as much, but over the years the architecture and craftsmanship certainly have.

Along the tour, you’ll see delicately restored bungalows, a few new old homes (INTRIGUING) and one home that’s in transition. A chance to see the progress in person? Yes, please.

(more…)