Dallas FedThe Federal Reserve Bank of Dallas issued its report on the Dallas-Fort Worth economy, The Real Estate Council named its new leaders for 2019, and the Zweig Group tapped a new COO, all in this week’s roundup of real estate news.

HOME PRICES UP, HOME SALES DIP IN DFW, DALLAS FED SAYS

The Dallas-Fort Worth economy expanded at a modest pace, while jobs growth was subdued in November, the Federal Reserve Bank of Dallas reported on New Year’s Eve.

“Overall, the DFW economy remains solid, with 2 percent annualized job growth year to date (nearly 68,000 jobs),” the report said. “Home sales fell for the second straight month in November, and inventory ticked up but remains tight. House price appreciation has moderated, particularly in Dallas.” (more…)

Photo illustration NPR See this? This is what we should be talking about, but we arent.

Photo illustration NPR
See this? This is what we should be talking about, but we aren’t.

I will be honest – I’ve been dreading this snapshot for the District 7 election. It’s the final one, and every day that has passed has only made me more nauseous when I look at how nasty the Dallas Independent School District’s District 7 race has gotten. It’s gotten bad enough that I’m actually going to move the “my two cents about District 7” feature of these snapshots that usually goes at the end up here, up top.

It’s that bad. And if I sound cranky, it’s because I don’t like having to devote a perfectly good story on what I’m about to devote a perfectly good story on. Very little grinds my gears, but this is one of those things. (more…)

Photo courtesy Blue Diamond Gallery.

Photo courtesy Blue Diamond Gallery.

In our third installment looking at the Dallas Independent School District’s school board election, we will be looking at District 5, which includes Oak Lawn, Wilmer, West Dallas, Hutchins and parts of east Oak Cliff. Incumbent Lew Blackburn, Marquis Hawkins, and Linda Wilkerson-Wynn are running.

One of the highest-profile issues facing District 5 right now is the condition of South Oak Cliff High, and where it will fall in the tiered system that determines when schools tapped to receive bond money for repairs, improvements or replacement – as well as whether repairs and improvements are enough for the aging structure that is, much like many other schools in the district, suffering from years of deferred maintenance.

And just as a reminder, I am breaking down each race and assigning a mathematical value to key endorsements for a final score. Because of the volume of candidates, I’ll be featuring one race a day through Sunday. Early voting begins Monday and lasts until May 3, with Election Day on May 7. For information on early voting, click here.

The scoring system goes a little something like this: Experience, I think, should be given some weight. So it is assigned a number value of one. Endorsements should matter too, so each one those are also given a value of 1. I considered six sets of endorsements in this system, largely because the organizations providing them have a regular history of endorsing candidates. Those endorsements are The Dallas Morning News, Dallas Kids First, Educate Dallas, the NEA, Alliance AFT, and The Real Estate Council PAC.

In this race, Educate Dallas did not endorse a candidate, so there will be a possible score of 6 (DMN, DKF, Alliance AFT, NEA, TREC and incumbent). (more…)