employment growth

In Texas, it’s all about jobs, jobs, jobs.

A new report from the Real Estate Center at Texas A&M University says that the Texas economy gained 276,400 nonagricultural jobs from June 2014 to June 2015, an annual growth rate of 2.4 percent, compared with 2.1 percent for the United States. Many of the major metropolitan areas saw much bigger gains, like Midland-Odessa.

Midland ranked first in job creation, followed by Dallas-Plano-Irving, Odessa, Beaumont-Port Arthur, Austin-Round Rock, and San Antonio-New Braunfels. Fort Worth-Arlington ranked No. 7 with 2.7 percent job growth.

In fact, every single Texas metro areas except Wichita Falls had more jobs in June 2015 than one year prior.

Big sectors for job growth were:

  1. Leisure and Hospitality: 5.05 percent growth
  2. Education and health services: 3.87 percent growth
  3. Professional and business services: 3.54 percent growth
  4. Transportation, warehousing and utilities: 3.52 percent growth
  5. Construction: 3.34 percent growth

All these new jobs in the Texas economy were created despite lower oil prices. Real Estate Center research economist Ali Anari says there hasn’t been much impact from dropping oil prices yet. But that could change.

“The oil companies hedged into the future and they have oil contracts, many of them extending to the end of this year,” Anari said. “If there is a downtown, it would not be apparent until next year.”

(more…)

Susan Halsey

Susan Halsey

Incredibly tragic news for Fort Worth’s business and real estate community. Word comes from the Fort Worth Star-Telegram that one of Cowtown’s biggest boosters, Susan Halsey, has succumbed to cancer. We are heartbroken to hear about this terrible loss, and our thoughts are with Halsey’s friends and family.

If you’re not familiar with Halsey, this paragraph from her obituary really speaks to how dedicated she was to the Fort Worth community:

But beyond the high-dollar deals, Mrs. Halsey felt so strongly about Fort Worth and its commercial real estate community that when leaders with the Real Estate Council in Dallas asked her more than a decade ago to a meeting to talk about how they could tap into the Fort Worth brokerage community, she returned to Fort Worth, called on some high-powered leaders and single-handedly started the Real Estate Council of Greater Fort Worth. Today, the organization has more than 350 members focused on public policy issues.

What an amazing woman and professional. She will be sorely missed.
Photo courtesy of Flickr user Russ through a Creative Commons license

Photo courtesy of Flickr user Russ through a Creative Commons license

Cowtown has new braggin’ rights: the U.S. Census Bureau says they were the fastest-growing big city in the nation between 2000-2013. Fort Worth population saw a 42.34 percent increase in that time. Dallas lagged far behind, coming in at 24th.

The 2010 Census count for Fort Worth put the number of residents at 741,206. Compare this to a population of 534,694 just a decade earlier.

Fort Worth is the 17th-largest city in the country, and the fifth-largest city in the state of Texas. Jump to read more!  (more…)

 

Robbie Briggs

Robbie Briggs announced his brokerage’s expansion into Fort Worth today.

Set to open early next year, Briggs Freeman Sotheby’s International Realty is solidifying its relationship with Cowtown with a new office in Fort Worth proper.

“We are so excited. I’ve always wanted to open an office in Fort Worth because I know its importance and love the city,” said Robbie Briggs. “The world views the DFW Metroplex as one market, but we understand each city has its own unique character and personality. Together, with the leadership and guidance of local businesses and influencers, we can deliver our world-class brand and services to the world-class city of Fort Worth.”

Jump for the full statement.

(more…)

5328 Quail Run Front

Every once in a while, a cool house will come along that will have me practically screaming, “JUST GO AHEAD AND TAKE MY MONEY!” They are usually crazy unique, fun homes with dramatic spaces and vintage charm. I am a sucker for those midcentury modern homes with original details, ones that are like time capsules, catapulting you back to when smoking was a harmless habit, day-drinking the norm, and seatbelts were optional.

(more…)

2524 Rogers Front

In the $400K to $500K range, there’s a lot of new construction in Fort Worth. And while a new home is good every once in a while, seeing the same granite and stainless kitchen can be a little bit boring. Nothing against Fort Worth: I love the city and it’s awesome south side and the TCU area is just booming with cool homes and great little pockets of businesses. But I am always on the lookout for interesting, unique homes with a combination of character and amenities.

And in my search, I found this adorable home with incredible curb appeal and a fantastic backyard. And it’s close to TCU!

(more…)

6304 Inca Front

I saw this home pop up in my search today, it’s first day on the market, and I was stunned. In Ridgemar, a fantastic West Fort Worth neighborhood, you can get this totally remodeled 1960s ranch with three bedrooms, two full baths and one half bath, more than 2,400 square feet, and a whopping 0.39 acre lot for $380,000. You’d pay at least $400K for that in a comparable Dallas neighborhood!

Just goes to show that our wonderful neighbors to the west have some great deals. Maybe it’s time to move to Cowtown?

(more…)

4258 Altura Front

Let’s head west to Fort Worth this morning, where we’ll find an incredible modern home that has fantastic museum-worthy interiors and has some huge windows overlooking the heavily treed lot.

This home at 4258 Altura Road in the Westcliff neighborhood is an amazing 1980s modern that feels so fresh and open. It has aged so well, and with a few updates it can be a post-millennium stunner. It’s just south of TCU and north of Interstate 20, a fantastic location for anyone who wants to live inside Cowtown and close to tons of great shopping and amenities.

4258 Altura Hallway 4258 Altura Living

Designed by architect Emory Young, this home was constructed to take advantage of the change in elevation on this more than 1 acre lot. The result is a tree house-like feel, with huge floor-to-ceiling windows with views of treetops and blue sky.

It’s serene, really, and considering the condition of this home and the size of the lot, it’s priced exceptionally well — $1.695 million with Suzanne Burt of Burt Ladner Real Estate. Besides excellent design, you get five bedrooms, four full and one half bath, and more than 5,500 square feet.

4258 Altura Kitchen 4258 Altura Dining

Besides the views, I love the courtyard like patio and pool, which you can see from the expansive kitchen and breakfast area. Really, this home has so much light from the windows and transoms that you’ll hardly ever need to flip a switch! It has tons of storage, too, so you don’t have to clutter your floors or walls, and there’s a three-car garage as well.

4258 Altura Master 4258 Altura Master Bath

The master bedroom is huge at 21 x 20, and features huge windows and a separate sitting area, including a fireplace. The layout is great, with built-in storage and desk at an angle from the bed area, which means you can leap from your slumber at the moment of inspiration and bang out the next chapter of the next great American novel without waking your partner. The master bath will need some updating, but considering the size and location of this home, any updates will pay off significantly in the future. I can imagine tons of marble and a cool contemporary soaking tub (and maybe even an oversized steam shower!) in this master bath, which has even more fantastic views, thanks to the adjoining balcony. Imagine coming from the bath on a warm day and having a little air dry out there? Perfection.

4258 Altura Deck 4258 Altura Backyard 4258 Altura Pool Twilight

Outside, well, this backyard is a dream. You can either enjoy a soak in the pool and spa, or enjoy the views from the deck. What do you think of this modern home in Fort Worth?