Things are looking good for North Texas real estate in the Dallas/Fort Worth metroplex—for residents, visitors, and relocating families. With more than 5-million residents and still growing, it is no wonder that our convenient communities in Tarrant and Denton counties—such as Southlake, Keller, Grapevine, Colleyville, and Trophy Club—are popular. DFW’s geographic location and airports in the middle of the United States around lovely lakes and DFW golf courses encourage tourism, educational and healthcare resources, music and culture, and recreation.
The North Texas real estate market continues to grow at a healthy pace. Prices for homes in all of North Texas are up about one percent in the first five months of 2007. Sales of North Texas homes priced at least a million dollars have risen 26 percent.
The Dallas/Fort Worth metropolitan area is the eighth largest in the nation having passed the 5 million mark for population. Individually, Dallas ranks 9th and Fort Worth 19th. Dallas is one of the 100 “Most Ethnically Diverse Communities in America” and Fort Worth is one of “America’s Most Livable Communities.” Dallas’ million residents are young, including large numbers of Hispanics, Asians, and African-Americans who live in a wide variety of Dallas neighborhoods that span 378 square miles.
The Dallas area has grown and prospered from natural resources like cotton and oil, whereas Fort Worth began 150 years ago as a military base. It was the last stop on Chisholm Trail, the legendary route for cattle drives. With 600,000 people, the city is no longer a “cow town” but enjoys a rich culture and commerce, museums, and universities.
Between universities, colleges, trade schools, public schools, and private and parochial schools, there are plenty of resources for those relocating to the metroplex. Stellar healthcare facilities, including 60 hospitals, 13,000 beds, and 5,800 physicians serve the area. Parkland Memorial Hospital and Baylor University Medical Center ranking among the nation’s best by U.S. News and World Report. Additionally, four Nobel laureates staff the University of Texas-Southwestern Medical Center, which is the crown jewel of the UT medical system.
Arts, music and culture such as Casa Manana, Fort Worth Civic Orchestra, the Fort Worth/Dallas Ballet Company, Hip Pocket Theatre, Bass Performance Hall, the International Van Cliburn Piano Foundation, and many more organizations offer opportunities for exercising the right side of the brain.
Dallas’ has 21,000 acres of parkland, 406 parks, 17 lakes, more than 60 miles of biking and jogging trails, 60 public swimming pools, six public golf courses, and much more. Fort Worth boasts 205 parks, 15 libraries, 12 public golf courses for starters.
About 140,000 businesses and 6,000 corporate headquarters are located in the area, adding 91,500 jobs in 2006-07 alone. With the convenient Love’s Field and the DFW International Airport (the world’s busiest airport with 60-million passengers), DFW is the top visitor destination in the entire state with more than 15 million visitors each year. Huge conventions, most especially at the Dallas convention Center, take advantage of the amenities in the metroplex. Tourism provides more than 100,000 jobs in the area while conventions alone contribute $4 billion to the local economy.
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