People who decide to relocate to Dallas will be buying a home or renting a home in a major metropolitan area where real estate values have remained stable. Both the cost of living and the unemployment rate are well below the national averages.
[B]Major Population Center in North Texas[/B]
With a population of 1,240,499 in 2009, Dallas ranks as the ninth largest city in the United States and the third largest in Texas. Although separated from neighboring Fort Worth by 32 miles, the two cities, forming the DFW Metroplex, comprise the 12th largest metro economy in the world with the fourth largest labor force in the United States.
Fort Worth has a population of 600,000 and is the 19th largest city in the nation and one of “America’s Most Livable Communities.” Whereas Fort Worth cherishes its western tradition and “Cow Town” image, Dallas fully embraces its role as a modern, 21st century, urban leader, proudly designated as one of the country’s “Most Ethnically Diverse Communities.”
[B]Diverse Population, Stable Economy, Strong Real Estate[/B]
Together Dallas and Fort Worth form one of most vibrant and compelling population centers in the United States. The area’s healthy economy is a significant draw for young professionals and families seeking to relocate to Dallas.
The cost of living index in the city is 7.06% lower than the rest of the nation (aided in part by the fact that Texas has no state income tax.) Dallas has grown at a rate of 3.73% since 2000 with a population of 50.4% males to 49.6% females. The median age is 30.5 years.
In May 2010, unemployment in Dallas stands at roughly 8% compared to the national average of around 10%. In recent years tech industries have made strong inroads in the metroplex. The city now has more than 233,000 tech workers, more than Austin and Houston combined, and is home to major companies including Research in Motion (the maker of BlackBerry smartphones), AT&T, Raytheon, and Lockheed Martin.
Real estate values in Dallas have weathered the recession well, remaining relatively stable with fewer of the wild price swings that have plagued other parts of the country. Currently median home prices stand at approximately $115,850, although they vary widely by neighborhoods within the city.
Anyone who is going to relocate to Dallas should work with a knowledgeable real estate professional who can apprise them of all the implications of any location in the immediate city or surrounding suburbs. Dallas is a diverse urban area providing a wide variety of choices for anyone buying or renting a home.
[B]Education, Health Care, Culture, Access[/B]
The region is especially strong in the terms of education and health care:
- The Dallas Independent School District serves more than 160,000 students. – Overall, the DFW Metroplex is home to 17 two-year technical/trade colleges. – There are 7 private colleges and universities, and six public four-year colleges and universities.
In the arena of health care:
- There are more than 100 hospitals across the metroplex with some 17,000 beds. – These facilities are staffed by 12,800 physicians that practice in more than 175 specialties.
Culturally, the region is home to more than 25 art museums and countless galleries. There are nine museums in Dallas itself, which boasts one of the largest urban arts districts in America including 115 public works of art in the city. The Morton H. Myerson Center is the headquarters for the Dallas Symphony Orchestra and features a full calendar of events throughout the year.
[B]Good Weather, Easy Access[/B]
For the most part relocating to Dallas means a move to a moderate climate with seasonal summer highs in July and August. During those months temperatures can and do climb above 100 degrees, but fortunately there are enough indoor attractions and activities to offset the heat. Generally late January and February are the coldest months, with some light icing occurring routinely.
Travel into the metroplex centers on DFW International Airport, located midway between Dallas and Fort Worth. The facility ranks third in the world in the scope of its operations and seventh in terms of passenger volume.
The decision to relocate to Dallas will bring you and your family to the major population center in North Texas, a region with a growing tech-based economy, and a low cost of living counter-balanced by a high standard of living.
With low unemployment, no state income tax, excellent real estate values, and extensive educational and health care resources, the DFW Metroplex and Dallas in particular is an excellent choice for young professionals and families seeking to establish a new life in a growing, upscale, modern community.
Author’s Note: Article published here.
…
Are you buying or leasing a home in Dallas | Fort Worth
Texas (DFW)? Darrell Self can help you if you will
relocate to Dallas
or are shopping for University Park houses for sale in the future. Visit DMD Realty DFW.com and browse ALL the homes for sale (and ALL the lease homes) listed in the MLS on 1 website … no registration required.
Read more articles written by Darrell Self
Related posts:
- Saving Time and Money Working with a Real Estate Buyer’s Agent
In residential real estate transactions, sellers commonly take pains to interview and to select a Realtor. They will talk to friends, get referrals, ask for references, and generally interview prospects. Buyers, on the other hand, tend to just respond to an ad, as if “University Park homes for sale” tells... - How To Find The Best Real Estate For Sale In Tuscany
For those that have traveled to Tuscany and fallen in love with the region, it is not uncommon to harbor a dream of buying a home there. Where do you begin when you are in a position to realize the dream? As any decent real estate agent will tell you,... - Creative Real Estate Investing: 4 Basic Strategies You Should Know
Creative Real Estate Investing refers to those methods of purchasing and selling real estate that are considered rather unconventional. The answer to the question whether the techniques are unconventional largely depends on whom you ask. While professional investors argue that the techniques below are fairly commonplace, the na... - How To Buy Real Estate in Mexico
Buying Property In Mexico Buying property in Mexico has become more popular every year. Whether you would like to purchase a vacation home or are planning on retiring there, owning real estate in Mexico is easy and safe. With its incredible natural resources, rapidly improving economy and modern facilities and... - Consolidating of High Rate Credit Card Debt with a 401K Loan
Banks are putting the squeeze on even their best long term card holders at a time when other sources of credit, such as home equity loans for example, are harder to come by. A lot of people are shocked to receive notices that their credit card rate has jumped to... - List Building – 9 Steps to Creating a High Converting Squeeze Page
With a high converting squeeze page, an online business will make more use of the traffic they drive to their website. With more email leads an online business can promote to, there are more chances of buyers for your products and services. Generating traffic is hard work so you want... - The Evil 10: 10 Common Indoor Air Quality Conditions That Plagues Us All
Mold And Water Damaged Building Materials When leakage occurs it results in the growth of mold that in turn results in the release of pungent smelling and irritating volatile organic compounds, and allergenic mold spores into your air. Persons with allergies or asthma often have reactions to such contaminates in... - Giving While You’re Living, Or When You’re Dead Instead?
Over the years, there have been many opinions and thoughts as to the legitimacy of Cash Gifting as a viable and honest means of generating cash. But at the heart of Cash Gifting is a fundamental principle that is often overlooked and convoluted with greed and the love of money.... - Will the REAL Exclusive Buyer’s Agent Please Stand Up?
What exactly is an “Exclusive Buyer’s Agent”? A: An agent who represents only buyers, never sellers, with no risk to their buyers of dual or designated agency on any home they want to buy. B: An agent who represents their buyers as a designated agent if they want to buy... - Ten Tips for Quality Video SEO Results
Within one year of its launch, YouTube became the fourth most popular website in the world, and is currently a multi-million dollar enterprise. This fact alone should explain the utter relevance and power of video content to the modern Web. Widespread broadband internet access, increasingly capable video recording hardware and... - How to Evaluate the Quality of a Dietary Supplement
So, you’ve found a Dietary Supplement that exactly fits your special need. The information on the supplier’s website appears to be consistent with everything that you’ve read and heard, and now you’re ready to buy. But there are questions on your mind. “What is the quality of this product that... - The Death and Resurrection of Quality Content
No matter where you go online, you are bound to find someone complaining about the quality of content available online. When we want to find information that answers our questions for us, the last thing we want to do is to land on a MFA (Made For Adsense) website with... - A Few Timely Lessons in Simple Living
Planning for a money emergency takes plenty of forethought. It is best to start to plan now rather than need to scramble to come up with the cash when the need is greatest. Adapt some strategic thinking. Reprogram your mind now to become a saver Simple living yields simply millions... - When Considering A Tattoo, Put Some Real Thought Into Your Decisions
The story of my first tattoo is not an exciting one: no one was drunk, nothing was misspelled, and it didn’t happen in jail. I was 21 years old, living away from my parents for the first time, in college in New York. I had wanted a tattoo since I... - Student Credit Cards Can Help Lay The Foundation For Prosperous Adult Living
Credit is one of the most fundamental aspects of the financial structure we have built our society. In fact, a great credit score can be one of the most valuable assets an individual will ever have in his or her life. A young person, just beginning to build a credit...