Fort Worth’s ranking as a ‘house rich’ city leads this week’s 5 hottest headlines

One of the popular headlines this week: A new study has revealed Fort Worth is the No. 4 most "house rich" major city in the nation

1. Fort Worth is the 4th most ‘house rich’ city in America, report finds. With high interest rates and home prices making daily headlines, houses in Texas’ current real estate market may seem out of reach for many potential homebuyers. But that isn’t the case in Fort Worth. A new study has revealed Fort Worth is the No. 4 most “house rich” major city in the nation.

2. All the electrifying new displays to see at Lightscape 2023 in Fort Worth. The Fort Worth Botanic Garden is all lit up, merry and bright, for the second year of Lightscape, the holiday sensation that debuted to sell-out crowds in 2022. Last year’s visitors who might wonder if Year Two will feature all the same experiences and photo ops are in for many surprises: The 2023 edition was reimagined from entry to exit, with 15 all-new installations joining just three of last year’s fan favorites.

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Source: Culturemap Fort Worth

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I’m a Professional Real Estate Investor: These Are the 5 Markets I’m Predicting Will Be Huge in 2024

New Western's President and co-founder Kurt Carlton predicts significant real estate investment opportunities in 2024

GOBankingRates spoke with Kurt Carlton, president and co-founder of New Western, a private source of residential investment properties, to get his predictions for the markets that will be huge for real estate investing in 2024.

Atlanta; Charlotte, North Carolina; Tampa, Florida; and Dallas-Fort Worth

Carlton believes that a number of the recent top markets will continue to be hot leading into 2024.

“Top markets for investors that we have seen emerge over the last few months include Atlanta, Charlotte, Tampa and Dallas-Fort Worth,” he said. “In Q3, Realtor.com released the top 10 growing metropolitan areas that people are looking to move to, also highlighting Atlanta, Dallas, Tampa and Charlotte.”

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Source: yahoo!finance

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Which states are good to invest in real estate in right now?

These top 5 states offer potential investors valuable insights as they consider where to make their next real estate moves.

The global real estate market is now valued at $3976.18 billion. It’s expected to grow to $5209.84 billion in 2027. With this growth comes increased competition, making ideal opportunities for U.S. real estate investment much harder to come by.

As we navigate today’s economic currents, it has become increasingly vital to identify areas known for stability and substantial return potential. In this guide, we list down the top five states that offer both simultaneously.

These states have earned their place on our list for their excellent performance in various market aspects, such as growth, demand, affordability, and economic resilience. Each one presents a unique investment proposition, from burgeoning tech hubs to enthralling scenery ripe for development.

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Source: BENZINGA

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Here’s what a Denton County realtor is saying about the housing market

There are several metro areas in Denton County along with a lot of open space if you're looking for acreage drawing many people to move there

Buying a house is dream for many North Texans but lately, it might feel more of a burden given higher interest rates combined with inflation.

But how are our counties doing here in North Texas if you are in the market to buy or sell your house?

In Denton County, there are several metro areas along with a lot of open space if you’re looking for acreage drawing many people to move to there.

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Source: CBS Texas

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Fort Worth neighbor is 9th fastest-growing affordable suburb in US, report says

Life in the Fort Worth area may not be as affordable as it used to be. But one local city is still a bargain, according to a new report.

Life in the Fort Worth area may not be as affordable as it used to be. But one local city – Burleson – is still a bargain, according to a new report by moveBuddha on “The Top 20 Fastest-Growing Affordable U.S. Suburbs.”

The south Fort Worth suburb ranked No. 9, with a population growth rate of 11.2 percent as of 2020, the report said.

The report notes that some suburbs have stagnated, in the wake of a trend of people moving toward more walkable inner cities. But the allure of space and safety is still a lure for many home buyers. Burleson is just 15 miles from downtown Fort Worth, making a manageable commute part of its appeal.

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Source: Culturemap Fort Worth

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‘The Shotgun House’ from ‘Fixer Upper’ TV show hits market in Texas

A well-known home from “Fixer Upper,” one of the Gaines couple’s most popular HGTV shows, has landed on the real estate market for $950,000.

Chip and Joanna Gaines not only have completely revamped “do it yourself” activities by creating the Magnolia Network, but they’ve also managed to change the way people see Waco, Texas.

A well-known home from Season 3 of “Fixer Upper,” one of the Gaines couple’s most popular HGTV shows, has landed on the real estate market for $950,000.

“Here is your chance to own a remarkable piece of history,” the listing on Realtor.com says. “The Shotgun House is nestled just steps from the iconic Magnolia Silos and Market and just a stone’s throw from the prestigious Baylor University.”

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Source: Fort Worth Telegram

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Castle home, wedding venue overlooking lake hits the market for $5.5 million

The Parsons Castle in Bosque County is a lakefront castle just over an hour’s drive from Dallas and Fort Worth now on the market for $5.5M

A lakefront castle just over an hour’s drive from Dallas and Fort Worth is on the market for $5.5 million.

The property, at 119 Private Road 1820 along Lake Whitney near Waco, was listed Nov. 10. The castle, named the Parsons Castle after its owners, is in Bosque County with a Clifton address.

The castle, which has 10 bedrooms, 15 bathrooms and more than 11,000 square feet of space could be used either as a weddings and events venue or a primary residence.

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Source: The Dallas Morning News

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Everything is bigger in Texas? Not so, as these 3 tiny homes wow real estate market

"Everything is bigger in TX,” but a trio of homes with interiors that burst with elegance has landed on the real estate market in Ranger for $650,000

Sure, the good ol’ saying straight from the Lone Star State is that “everything is bigger in Texas,” but a trio of homes with interiors that burst with elegance has landed on the real estate market in Ranger for $650,000.

While that might seem pricey to some, the homes come on 10-acres of pristine land, complete with scenic views.

“Boasting over 3,300 acres in the community, this property perfectly blends nature, luxury, and comfort,” the listing on Collin-Roberts.com says. “The highlight of this property is the three, as seen on HGTV, Nomad Tiny Homes, custom-built and fully furnished.”

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Source: Fort Worth Star-Telegram

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The share of homes for sale with price drops hits a record high

Real estate company Redfin reports that the share of homes for sale with price drops is at its largest ever.

The real estate market is fairly harsh for all parties involved right now, but here’s a glimmer of good news for homebuyers: Sellers are slashing their prices at record levels.

Real estate company Redfin reports that the share of homes for sale with price drops is at its largest ever. The company measures this share by averaging the share of listings with price drops within a four-week window. During the four weeks ending Oct. 29, a whopping 6.9% of all homes on the market underwent price cuts.

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Source: Money.com

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Fort Worth Mayor Mattie Parker says state of the city is ‘absolutely strong’

Fort Worth continues to be a city on the rise and a great place to live, Mayor Parker said in her State of the City address.

From safety to services, Fort Worth continues to be a city on the rise and a great place to live, Mayor Mattie Parker said in her State of the City address Friday at the Fort Worth Convention Center.

“Our success as a city is contingent upon our commitment to quality of life policies and investments,” Parker said. “People are quite literally voting with their feet. When people could live anywhere, they’re choosing to live in Fort Worth.”

Nothing surprising about the second-term mayor’s positive outlook but it wasn’t just talk. She had facts to back up her message, noting that Southern Living Magazine named Fort Worth the Best Place to Retire for “City Lovers” – and the Pacific Research Institute named Cowtown  the “Most Pro-Growth City in America.”

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Source: Forth Worth Business Press

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