How Will $30 Oil Effect Home Prices in Fort Worth?
By Donnie Keller, Reata Realty Group At Compass
(Compass)
The Fort Worth/Dallas Metro-Plex is a pretty vibrant economy. Are there a lot of people in the oil and gas business? Yes. But, that is not the driving force behind our economy. The oil and gas business is becoming less of a factor when it comes to over economy of the Metro-Plex. High Tech and Medical has over taken the effect of the Oil and Gas business. We have major corporations relocating to the area because of a business friendly environment. If I remember, I got this from one of my lenders, the Metro-Plex has about 15000 "out of state" people moving to the area each month and just a very small portion are related to the oil and gas business.According to the Fort Worth Business press latest issue, the outlook for 2016 Multifamily is strong. In 2015 the Dallas/Fort Worth Me...
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