DISCOVER WHAT'S NEW AND INTERESTING IN OUR BACKYARD

Featured Story

Local CRE Trends

Dallas, the commercial and cultural hub of north Texas, is home to more than 1.3 million residents and a workforce of approximately 3.4 million people. Dallas’ diverse economy includes 21 Fortune 500 companies and 300 corporate headquarters that each employ more than 1,000 people globally. Seven of the Forbes’ 2016 list of the largest privately held companies in the nation are located in the north Texas area.

The area’s educated workforce, where 32 percent of regional workers have at least a college degree, continues to draw business to the region, according to the City of Dallas Office of Economic Development. Dallas has particularly high concentrations of businesses in the management, finance, computing, architecture, engineering, sciences, education and health services fields. Dallas also boasts an attractive quality of life, with an affordable cost of living, no personal income tax, and highly rated public schools.

Commercial real estate in Dallas is currently on a growth trajectory due to consistent job gains of more than 100,000 jobs annually during the last few years, or a 25 percent increase since 2010, according to real estate professional services firm JLL. Job growth is occurring across all major industries, which has resulted in an increase in commercial real estate construction. Real estate services firm Cushman & Wakefield reported that the Dallas commercial real estate market is the country’s third strongest investment market behind Manhattan and Los Angeles, having posted record commercial property sales transaction volume of $20.5 billion in 2016.

Dallas’ strong labor market, population and job growth, and stable economy indicate that the commercial real estate industry in Dallas will continue to outpace other markets in the country for the foreseeable future.

About Fidelity National Financial

Fidelity National Financial, Inc. (FNF) is currently ranked #238 on the 2022 FORTUNE 500®*, and is among numerous defense, energy, media, hospitality and financial FORTUNE 500®* companies based in the region. Our Dallas-based team of CRE professionals works in all facets of the industry, including power and energy projects, office buildings, industrial parks, multifamily housing, retail properties, government contracts, corporate transactions and more.

Discover what’s new and interesting in our backyard in the latest real estate news, provided courtesy of the FNF Newsdesk.

*"FORTUNE®" and "FORTUNE 500®" are registered trademarks of Time Inc. From FORTUNE Magazine, May 2022 ©2022 Time Inc. FORTUNE and Time Inc. are not affiliated with, and do not endorse products or services of Fidelity National Financial. Commonwealth Land Title Insurance Company is a member of the Fidelity National Financial family of companies and the nation’s largest group of title companies and title insurance underwriters that collectively issue more title insurance policies than any other title company in the United States.


The Latest Articles From the FNF Newsdesk:

Employment Headline Hopeful – Ignore The Details At Your Peril
...manufacturing prices (at the PPI stage) indicating that disinflation has arrived. The housing market is the most interest sensitive, and every statistic we see in that world is screaming recession...

Not Just The Housing Market: Recession Threatens 'Unprecedented' Manufacturing Slowdown Dragging Into Next Year
...hikes, which have already caused a sudden collapse in the formerly red-hot housing market, have fueled an unprecedented slowdown for manufacturers—setting the stage for what could lead to a prolonged...

Mortgage and real estate news this week: A break for homebuyers and higher loan limits in the new year
DreamPictures/ Homebuyers might get a much-needed breather in December as mortgage rates stay relatively quiet, some experts predict. In other news, the government again bumped up the bar on...

Mortgage rate deals for week ending Dec. 3, 2022: Top offers from lenders
...was 5.57 percent, down 44 basis points from the previous week. Mortgage rates are higher than they were a year ago or six months ago, so it remains important to shop around if you want to find...

Home sellers are pulling properties off the market at record pace
...frenzy that prompted bidding wars and drove home prices to record highs, demand has slumped as mortgage rates have soared this year. Although borrowing costs have dipped slightly in recent weeks...

Of course we're worried about a recession — but the US economy remains resilient
...likely have to dip into more of their savings. And while the housing market may be cooling, it’s not crashing. After a very strong 2021, the sector is “readjusting, recalibrating,” Bess Freedman...

5 Reasons to Use Home Equity - CNET
...can decline: While home prices soared over the past two years, the housing market is slowing in response to and inflation. You can end up when what you owe on your home ends up being greater...

Achieve closes rare HELOC securitization
...HELOCs in a junior lien position reduce consumers' home equity and the housing market is cooling, there's some wariness about highly leveraged borrowers in the sector. Achieve Loans originated...

How to sell a house by owner
...without a Realtor typically leads to a lower sale price, according to NAR data. The median sale price of a FSBO home was $225,000 in 2022, a whopping $120,000 less than the median of $345,000...

Best places to live methodology
...cadence: quarterly Average income Median home-sale price Source: Redfin Data Center, Monthly Housing Market Data What it means: Median home-sale price in an area Location specificity: city...