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Author: harrisondfw
A report released today by WalletHub examines the “Best Real Estate Markets of 2023” in the United States, with North Texas cities dominating the top 10 list. The Dallas suburbs of McKinney and Frisco are ranked No. 1 and No. 2 nationally, with Denton and Allen close behind. To arrive at this list, the report compared 300 U.S. cities across 17 key indicators of housing market attractiveness and economic strength. Follow up on top 2 cities McKinney and frisco, denton It ranks fourth on the list, just barely behind Nashville, Tennessee. Allen It ranks sixth on the list, behind Cary,…
The Dallas City Council will vote Wednesday on property tax rates for the next budget year, which begins Oct. 1. After years of soaring real estate prices, property owners are shocked by soaring taxes. City Manager TC Broadnax recommended a slightly lower tax rate in a new city budget plan proposed earlier this month. In a memo Friday, Dallas Mayor Eric Johnson called for not applying a lower tax rate, the so-called new tax rate, that would limit property tax revenue to an amount equal to the amount received this year. Property owners would save more money, but would have…
Dreaming of settling in a charming small town? Look no further. This article will take you on a journey through some of Texas' most delightful small towns, each with unique character and charm. From affordable living to picturesque scenery, these towns have something special. Research the median sales price, walk scoreyou can get a glimpse of what they're like real estate market And the ease of walking. Explore beautiful towns like Sweetwater, Tuscola, and Baird together. 1. Sweetwater, Texas Median selling price: $300,000 walk score:51 Located in the heart of West Texas, Sweetwater is the perfect blend of small-town charm…
Two cities in the Dallas area are rated as some of the best real estate markets in the country. And four of the top six real estate markets in the U.S. are in North Texas, according to a study just released by WalletHub.McKinney and Frisco took the top spot. Best Real Estate Markets of 2023 report. In the annual national poll, Denton ranked fourth and Allen ranked sixth.Austin ranks No. 8 on WalletHub's Top 10 Markets list, with Texas cities accounting for half of the rankings.The study looked at 300 U.S. cities and assessed the real estate market for housing…
Leadership changes are occurring at Cushman & Wakefield's Dallas division. Doug Jones, who has served as head of the Chicago-based brokerage's Dallas office and managing principal in Texas since 2021, left the company as of last week, the Dallas Business Journal reported. I am retired. The reason for his resignation is unclear, but Cushman officials are expected to visit his Dallas office this week to address the situation. “As a matter of policy, we do not comment on specific individuals involved in leadership changes. Our Texas operations remain extremely important to Cushman & Wakefield, and we remain committed to the…
North Texas-based Inbenta acquires Horizn with interactive product demo platform » Dallas innovates
Horizn co-founder and CEO Janice Diner, who believes vision, grit, people and relationships are the ingredients of business success, is transitioning into a new role as head of marketing at Inbenta. [Courtesy photo] Inbenta has acquired Horizn, a Toronto, Canada-based company that provides easily embeddable interactive product demos. Inventa said the partnership expands its customer experience platform. Inbenta, an Allen-based AI platform aimed at optimizing the customer experience, said the acquisition adds a new component to its customer service toolkit, providing step-by-step tutorials to help businesses. Develop, edit, and deploy content quickly, improving self-service. , reductant escalation. The deal with…
The Dallas-Fort Worth housing market was relatively even last month. According to the Dallas Morning News, home prices in the Dallas-Fort Worth area remained stable from June to July, unchanged from a year ago despite the interest rate hike. Citing a report from North Texas Real Estate Information Systems and the Texas Real Estate Research Center at Texas A&M University, the newspaper reported that the median single-family home price in the area remained at $415,000 as of July. . Prices are about $20,000 lower than last summer's peak and 1 percent lower than last July, but still significantly higher than…
Leaders from Ross Perot Jr. to Elon Musk have warned of the real estate recession and the challenges of financing new projects. The evolution of remote work has left millions of square feet of unused office space sitting idle, and loans on those properties coming due. But up and down Harry Hines Boulevard, between Medical District Drive and Mockingbird Lane, there are faint whispers of the real estate challenges facing this country. North Texas' population and business growth provide a bulwark against real estate headwinds, and health care tends to be a recession-proof real estate investment, but it's often expensive.…
Investors from Mexico are finding opportunity and stability in North Texas housing. Will it last?
In January 2020, Guillermo Solomon and his wife traveled from Mexico to visit relatives in McKinney. On a whim, they decide to look around at local houses.The 55-year-old technology executive and his wife, Karin, are American nationals who currently teach at Frisco ISD and lived in Toluca, west of Mexico City. He had lived there for 22 years and was discussing his move to the United States with his wife.Related:Homebuyers from outside the United States are now flocking to Texas as much as California.They were surprised to find that prices were lower, transactions were faster, and rents were higher in…
Dallas city officials have known about the pension crisis for years. They now have to make difficult decisions about how to begin restructuring their two major funds. According to Wednesday's City Council budget briefing.The public safety pension shortfall came after the fund nearly went bankrupt in 2016 after funds invested in luxury real estate failed to generate returns. At the time, the fund was on the verge of default.City officials say this is different from the roughly $4 billion in unfunded liabilities in the Police and Fire Pension Fund and the City Employees Retirement Fund.Unlike 2016, the city has some…