Dallas Named “Best Place For Jobs”

We all know the BIG D is the Best!  Read on….  OR call me to find out more about our Great Metro – Let’s chat:  214.769.2142.

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The latest edition of Forbes’ annual list has named Dallas the best place for jobs! Dallas metro includes Plano and Irving. It is ranked first among 70 other metro areas in the United States. Last time we saw Texas on the list was the Austin-Round Rock-San Marcos area in 2012. All the other winners were Bay Area (every year) with the exception of Silicon Valley in 2014.

According to Forbes: “Unlike the tech-driven Bay Area, Dallas’ economy has multiple points of strength, including aerospace and defense, insurance, financial services, life sciences, data processing and transportation. Employment in the metro area has expanded 20.3 percent over the past five years and 4.2 percent last year, with robust job creation in professional and business services, as well as in a host of lower-paid sectors like retail, wholesale trade and hospitality.”

The ranking is based on U.S. Bureau of Labor Statistics unadjusted employment data reported from November 2005 to January 2017. Here’s the full methodology. Austin and San Antonio made the top 15 this year, at No. 7 and No. 12, respectively. The Fort Worth-Arlington area ranked at No. 28. [Forbes]

(Information taken from article by Molly Evans, May 17, 2017, KERA News.)

To see more Fun Facts/Lists from Forbes Magazine, click here. You can learn who America’s Richest Families are to The Best Business Schools!

 

What’s going on in Collin county?? Here are 5 Things to Know About Collin County Growth

To find out more about what’s going on in Collin County and Surrounding Counties in our Great D.FW, just call me! Let’s Chat: 214.769.2142

Collin County is the fastest growing county north of Dallas County, growing more than 45% since 2000. There is more net rentable property than the combined areas of Uptown and Dallas. Currently the population is at 940,000 and is predicted to be at 3 million by 2040! With all the new jobs the median income has also risen to $100,839. So why has Collin County experienced so much growth? How has this growth affected the traffic and housing? What is expected in the future? All questions residents and potential relocation buyers have on their mind.
dallas-cowboys-star 1.  Many companies are moving locations
Companies are moving headquarters to Collin County because the workforce, schools and housing are attractive as well as the low-cost tax structure. Says County Judge Keith Self: companies “can move across the street and lower their … tax by half.” Some companies that have been part of the move are Toyota, Liberty Mutual, JP Morgan Chase and the Dallas Cowboys.

2.  Existing businesses are seeing growth too
Crest Auto Group has seen a 25% growth. Mexican Sugar is beating last years’ numbers and they are always hiring more employees. A.R. Schell & Son Agency Insurance has also seen growth from last year. These are just a few examples of the many businesses that are currently thriving.

3.  Demand for single-family homes and apartments
This demand has become so big in the last few years! Median sales price has risen from $190,100 to $300,000! Because of the high demand, the inventory has dropped by 30%. Apartments are 94.3% full and rent is averaging right under $2000 a month.

4.  Undeveloped Land

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SOURCE: THE GIS DEPARTMENT OF THE COLLIN CENTRAL APPRAISAL DISTRICT; MAP ILLUSTRATION: SHAW NIELSEN

Still quite a bit of undeveloped land…wonder what the future holds?

5.  How bad is the traffic?  It’s getting bad!
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*Worst traffic is State Highway 121, just W. of State Highway 289
*Second worst is Dallas N. Tollway, just N. of George Bush Turnpike
*Third worst is Dallas N. Tollway, just S. of George Bush Turnpike

The exact remedy is unknown to fix the traffic problems. Options are to create and “outer loop,” more walkable neighborhoods, more trolleys and express buses.

Looking forward to seeing more change in the future!

(Information taken from article in D Magazine)

Have plans this Memorial Weekend?

There are many things to choose from (starting today!) to celebrate this Memorial Day and weekend! Thanks to D Magazine for the ideas…

Want to know more about what is going on in our Fantastic D.FW Metro?  It’s easy – just call me:  214.769.2142

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Friday (05/26)

Tickets are sold way the heck out but you, too, can see U2 at the Death Star if you scrounge the secondary market. It’s an anniversary tour for Joshua Tree, so maybe it’s worth it.

Van Zweden conducts Elgar with the Dallas Symphony as part of the Soluna Festival. A second performance is Saturday night at the Meyerson.

Saturday (05/27) from 2-4pm

OPEN HOUSE at 7606 Azalea Lane in Dallas amazing community of Northaven Meadows! This home is perfection with a backyard oasis! Ideal for family, friends & entertaining. This mid-century modern ranch flows easily from its multiple living areas, it has a large and bright sunroom with a wet bar out onto the expansive private back lawn area. Backyard has a diving pool, half-court basketball area, multi seating areas, mature shade trees and so much more!  Click here to see video:  7606 Azalea Lane

Lupe Fiasco plays the Granada Theater.

The Thai Culture and Food Festival, which tastes, sounds, and looks better than just about every festival in Dallas, is at the Buddhist Center on Saturday and Sunday.

Sunday (05/28)

At last, a five-year project to stage readings of Shakespeare’s entire body of work concludes with the Bard’s sonnets at the Wyly Theatre.

Drink and judge margaritas at the Margarita Meltdowncompetition in the West End.

The Mountain Goats play Trees.

Monday (05/29)

The DSO kicks out the patriotic jams before a fireworks show at Flag Pole Hill for Memorial Day.

For more to do, go here. Enjoy your long weekend!

Best D-FW Festivals to Attend This Spring

Call me to find out more about what great SPRING happenings are taking place around the D.FW!  214.769.2142

D-FW is such a culture melting-pot and there so many festivals and activities celebrating everything you can imagine at any given time. The weather is nice now, not too hot yet, so how about checking out one (or two) of these festivals happening over the next few months! Here is a list of my favorite taken from D Magazine.

Dallas Book Festival & Dallas Festival of Ideas | Apr. 29 | Dallas City Hall and the Dallas Public Library – Taking place across the street from each other downtown, these symbiotic festivals have more on their mind than most. At the library’s central branch, nationally acclaimed authors (Kristin Radtke, Jef Chang, others) speak while various panels pay testament to the city’s ongoing literary renaissance. At city hall, thinkers from around the country talk about innovations in a number of fields — education, health, the arts — can be applied to better our city. The two festivals unite to hear from author Yaa Gyaasi, whose Homegoing was one of the most talked about books of 2016. You can also expect performances and other activities on the city hall plaza, including an evening show by the Polyphonic Spree. Both festivals are free.

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Denton Arts & Jazz Festival | Apr. 28-30 | Quakertown Park – This long-running, free event in Denton is a testament to the city’s love affair with jazz music, with a busy lineup and seven stages of local and national performers that will knock your socks off, as well as plenty of other options for festival fun.

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Scarborough Renaissance Festival | Through May 29 | Fair Grounds in Waxahachie – The Renaissance and Late Middle Ages: like Game of Thrones without the dragons. The jousting, turkey legs, Renaissance dress-up, and mermaids (yes, mermaids) stick around every weekend through the end of May.

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ChocolateFest | May 5 & 6 | Grapevine Convention Center – If the name hasn’t already done it for you, know that North Texas chocolate-makers dish their best wares on both days. Wine and art help sweeten the deal.

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Texas Frightmare Weekend | May 5-7 | Hyatt Regency DFW Airport – The massive horror convention boasts a number of celebrity guests: famed director Dario Argento (Suspiria), actor Freddie Highmore, wrestler Sting. It also has movie screenings (The Shining, The Thing), lots of terrifying vendors, and panels on horror movie filmmaking.

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Off the Rails Country Music Fest | May 6 & 7 | Toyota Stadium – Miranda Lambert, Jason Aldean, Dierks Bentley, and all the other popular country musicians you can handle at this Southern-certified blowout in Frisco.

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Bugs and Brews | May 6 | The Granada Theater’s Parking Lot – The music (Big Ass Brass Band and Freeloaders, among others) conspires to set a New Orleans vibe, as does the spread: chow down on all the crawfish you can handle here.

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Wildflower! Arts and Music Festival | May 19-21 | Galatyn Park – The family-friendly Richardson festival has The B-52s on Friday, Lynyrd Skynyrd on Saturday, and Shooter Jennings on Sunday. More live music, art displays, and tons of carnival-ish food and fun are all weekend.

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Thai Culture & Food Festival | May 27 & 28 | The Buddhist Center of Dallas – Visit the inspiring Buddhist temple, watch Thai dancers and other authentic performances, and feast to your heart’s content after selecting a mix of eats from the food bazaar.

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Dallas Margarita Meltdown | May 28 | West End – North Texas’ best purveyors of the margarita sling their beverages in the most important competition of the summer. Tequila lovers are the default winners.

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A-Kon | June 8-11 | Fort Worth Convention Center – The 28th edition of this storied anime convention, billed as the oldest in the U.S., moves out to Fort Worth, where you’ll find just as many cosplayers, anime nuts, and celebrity guests as ever.

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Thanks to D Magazine for always having the best articles, stories and information to read!

Million Dollar homes selling FAST in D-FW!

Million Dollar homes selling FAST in D-FW!  Call me for more information:  214.769.2142

So far in the months of January and February 2017, the sale of “million dollar homes” is up 64% from the same time last year. Never have so many high-priced homes been for sale at once here in D-FW. Currently there are almost a dozen listings in this price range. 177 houses in North Texas were sold with a price tag of $1 million or more this year and 75 are still pending. The growth of Dallas is bringing CEO’s and top officers into the area who are able to afford these homes. (To view the full article click here.)

Part of the reason there is a growth of million dollar homes is the price appreciation in the overall market. Overall sales have risen 40% so homes that maybe were once priced at $800,000 are now priced at $1 million.

What IS slow in the market are homes priced at $10 million or more. “The buyers are few and far between in that price range,” “It can be a long wait to find that buyer, and it takes a lot of patience.” Look at this 25-acre listing in North Dallas. It is listed just under $49 million. This is the most expensive residential property in North Texas. (To view the listing click here.) By the way, this home is AMAZING. GORGEOUS! It was built in 1938. It looks like a movie set.

Interested in seeing more expensive listings in the D-FW area? Check out these beautiful properties below!

10711 Strait Lane, Dallas1491423947-10711StraitLn

8891 Jourdan Way, Dallas1491424192-ESTATE_0310BUS_03-10-2017_UID_STATE_1_1_55793968

5950 Deloache Ave., Dallas1491424649-baronestate

3509 Euclid Ave., Highland Park1491500148-NM_06million1

The Spring Market is HOT | Buy Now Sell Later – YES you can!

Ready to Buy but need to Sell?  Let me get you in touch with my trusted Mortgage Lender, Tammie Mitchell, from Home Team Mortgage Company. She and I can help you understand the Bridge Loan and everything it entails. We don’t want you to miss out on this amazing Real Estate market. It is HOT and let’s take advantage of it!

Call me to discuss this program and how I can help you get into your next Dream Home while I expertly Market and Sell your current Home!  Yes, it can be done.  Call me – Let’s Chat  214.769.2142

-Cynthia Lopez

What is a Bridge Loan?
A Bridge Loan is a sum of money lent by a bank to cover an interval between two transactions, typically the buying of one house and the selling of another.

What is the Benefit of a Bridge Loan?
The Benefits are you don’t have to worry about pending sales contingencies, you avoid the domino effect, and you will have a quick and timely closing.

What will Buyers Enjoy?
Buyers will ENJOY attractive interest rates, minimal closing costs, an easy approval process and convenient simultaneous closings.

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Statistics Prove DFW’s Growing Population is Ranked #1 in Country

We have all read it and heard this before, but statistics prove that DFW’s growing population is ranked #1 in the country. According to Culture Map Dallas, estimates from the U.S Census Bureau state we welcomed 140,000 new residents last year…the most of any metroplex in America. Guess who was second? Our neighbors the Houstonians!

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Another interesting statistic is 9 DFW counties were in the top 100 “fastest-growing counties” in 2015-2016 based on percentage increases.

Rockwall County — 3.65 percent growth rate. Ranked No. 25 nationally for county growth. July 2016 population: 93,978.

Denton County — 3.56 percent growth rate. Ranked No. 28 nationally for county growth. July 2016 population: 806,180.

Kaufman County — 3.39 percent growth rate. Ranked No. 36 nationally for county growth. July 2016 population: 118,350.

Ellis County — 3.07 percent growth rate. Ranked No. 50 nationally for county growth. July 2016 population: 168,499.

Collin County — 2.90 percent growth rate. Ranked No. 68 nationally for county growth. July 2016 population: 939,585

Hood County — 2.73 percent growth rate. Ranked No. 73 nationally for county growth. July 2016 population: 56,857.

Parker County — 2.66 percent growth rate. Ranked No. 79 nationally for county growth. July 2016 population: 129,441.

Wise County — 2.58 percent growth rate. Ranked No. 85 nationally for county growth. July 2016 population: 64,455.

Hunt County — 2.48 percent growth rate. Ranked No. 98 nationally for county growth. July 2016 population: 92,073.

The city and region offer significant employment opportunities, diverse and affordable housing options, and a wonderful quality of life. All of this has been recognized nationally, and continues to draw people to our city and the region,” says Brenda Hicks-Sorensen, assistant director
 of economic development for the City of Fort Worth.

As always, I am never too busy to help you with any Real Estate needs. If you are ready to increase the size of your home with that new family addition or if you want to downsize because your child is almost ready to graduate…I can help with it all. Contact me today at 214.769.2142 so we can talk further.

Also, if you would like to take advantage of a service I offer, just click HERE for a Free Comparative Market Analysis of your home! Basically it will tell you what your home is worth – well at least a starting point!  I will step in to “fine-tune” the results.

Call, let’s Chat –  Cynthia Lopez