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Lone Star State Tops in Job Creation

While the economy in Texas continues to look good, how about some specifics? According to the Real Estate Center’s Monthly Review of the Texas Economy, the Lone Star State is leading the country in job creation. The state’s adjusted unemployment rate in June was 4.6 percent – down from 4.7 percent a year ago. Texas gained 319,300 non-agricultural jobs from …

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New Bank Name Coming to Fort Worth

For those of you in the Fort Worth area, you’ll soon see a new bank name. Veritex Holdings of Dallas has acquired Liberty Bancshares in a cash-and-stock deal valued at more than $60 million. Liberty currently has two locations in Fort Worth, two in North Richland Hills and one in Hurst. All locations will be renamed Veritex Community Bank. Veritex …

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Best Place to Buy Office Properties?

We all know that the DFW residential market is as hot as the temperatures, but what about commercial property? According to a recent report from Ten-X Commercial, Dallas is the fourth best place for investors to buy office properties.  Over the next three years, office rents are expected to change at 2.8 percent – currently at $18.62 per square foot.  …