Economic development leaders bullish on Dallas area

Economic development leaders bullish on Dallas area
By Steve Brown / The Dallas Morning News
September 4, 2009

The Dallas-Fort Worth area is well-positioned to grow new business after the recession ends, economic development leaders predicted Thursday in a presentation to a local real estate group.

"We have a lot of things going for us," Karl Zavitkovsky, the city of Dallas' director of economic development, told executives at a meeting of the North Texas CCIM real estate property group. "I think we will come out of this earlier than elsewhere in the country and in a lot better shape."

North Texas is not at the epicenter of today's economic and housing downturn, as it was in two previous economic ones – the 1980s savings and loan crash and the more recent burst of the dot-com bubble.

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Survey shows Dallas-area home prices gained nearly 2%

By STEVE BROWN / The Dallas Morning News

Most Texas home markets continued to eke out tiny increases in home prices in early 2009, according to a new report by First American CoreLogic.

Texas home prices were up by just less than 2 percent in the California-based housing analyst’s latest survey released Monday.

While Texas prices rose, nationwide home prices in January fell by 11.6 percent compared to a year ago to the lowest level in almost five years.

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Collin, Denton debate future Dallas North Tollway extension

March 23, 2009

By ED HOUSEWRIGHT / The Dallas Morning News

A simple line on a map could translate into billions of dollars for either Collin County or Denton County.

That line represents a proposed extension of Dallas North Tollway, and the adjacent counties are squabbling over the alignment because of the economic bonanza it could bring as homes and businesses spring up around it.

Collin and Denton county officials had agreed the 7-mile stretch should be on the counties' common border to let each share in the riches.

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Home sales, outlook getting better

Austin Business Journal
A February survey of public and private builders across the country from John Burns Real Estate Consulting shows that Texas saw new home sales, traffic and expectations pick up in January. The survey gathered information from 236 home building industry executives.

“I spent several days in Texas this month and can confirm that the pick-up is real and is driven by lower mortgage rates in an area where home price appreciation was insignificant and the economy is still OK,” said John Burns, CEO of Irvine, Calif.-based John Burns Real Estate Consulting.

However, Burns said, new home prices are still trending downward everywhere, including Texas.

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North Texas Irish Festival - Feb 29 to Mar 2

The North Texas Irish Festival is owned and produced exclusively by the Southwest Celtic Music Association, a Texas 501(c)3 corporation, headquartered in Dallas, Texas. It is the second oldest Irish festival in the United States and largest in the southwest.

Schedule of Festivities

For those who seek rental services in the North Texas area for the event as well as for relocation purposes, visit Dallas Real Estate.

North Dallas News Sources

Al Dia - Hispanic News Paper
Daily Campus - Southern Methodist University Newspaper
Daily Commercial Record - Dallas Business Newspaper
Dallas Business Journal
Dallas Chinese Times
Dallas Examiner - Dallas African - American Newspaper
Dallas Globe - Dallas Online News
Dallas Morning News
Dallas News Daily - Online News Source for Dallas
Dallas Observer
Dallas Voice
Dallas Weekly - Dallas African American Newspaper
El Hispano News - Hispanic Newspaper
El Sol de Texas - Hispanic Newspaper
KDAF - CW 33
KDFW - FOX 4
KTVT - CBS 11
KUVN - UNI 23
KXAS - NBC 5
KXTX - TM 39
Moreover Dallas Fort Worth - Online News Source
MSNBC KXAS - Cable
Quick
Texas Jewish Post
WFAA - ABC 8