Dallas Born and Raised here. That abandoned building have been abandoned for years, it use to be Cabana Hotel, then City of Dallas bought it and turned it into a jail, Decker Jailhouse afterwards it was turned into a Halfway house Detention Center and then it was closed. It has been closed since 2010 oh and it housed people from New Orleans due to Hurricane Katrina.
Move to Dallas if you want to add $900 a month to your mortgage because homeowners pay all the taxes here. Move to Dallas if you want to drive 45 minutes to an hour to get anywhere. Move to Dallas if you can afford a $500,000 house for a 40 year old fox and jacobs crap built home in west Plano, and your neighbor paid $240,000 3 years ago.
Skill issue. You have to know where you want to be in DFW and live in an appropriate area. It's because of noobs who move here and merge onto highways at 50mph and cruise at 60mph like morans that it takes longer. Before COVID and the flood of carpetbaggers from all over the country, you'd have people reguarly cruising at 80mph+ easy on highways. Only after people started moving here did traffic get bad.
Traffic has been horrible in Dallas for as long as I can remember. I grew up and live in DFW, when you cross from Tarrant to Dallas county you have to speed up and drive very defensively. Its crazy
I work in the Grocery retail industry and periodically travel to Dallas for work. The lady that you interviewed is 100% correct. New Dallas is all the retail therapy you can handle and high paying jobs, Those people probably haven't lived there long. Old Dallas is poorer.... Oh and the Drivers in Dallas make Houstonians seem polite on the road.
Dallas is like a place with a few beautiful islands spread out in an ocean of crap! I had a job recently in Dallas that had me driving around the entire metro area east of Fort Worth. Dallas is like Los Angeles with fewer homeless people. Within the ocean of crap are old abandoned or repurposed grocery chain buildings, repurposed fast food restaurants, and lots of Mexican restaurants. Lots of strip malls in the area. The roads are mostly broken, but there are some good ones around. For some reason, throughout Dallas, the roads department doesn't maintain curb painting or painted lines on the roads. Even the lines between lanes are disappearing. Some neighborhoods in Mesquite look like they were all built using the same ugly brown bricks. The land is sinking everywhere because the underlying dirt crumbles. If you move to the Dallas area YOU WILL need to have your foundation leveled every ten or so years, or you can live with a leaning cracked foundation. In the norther area of Dallas it looks a little better, but it looks like everywhere else in the nation. All of the same fast food and grocery store chains are there. There is no real culture here. It's just a gigantic land mass of expensive neighborhoods. I haven't found Dallas to be friendly or hospitable for somebody who doesn't earn much money. I've had things stolen. My vehicle insurance is higher here than the small town from where I came. Nobody earning $14 per hour full time can afford a car AND a good apartment AND health insurance AND car insurance. If somebody earning that much money has children they will NEVER get ahead in life. It seems that almost half of the people in the southern area are not Americans. They cause traffic accidents and flee. I applied to a job last week. They wanted my driver license, my social security card, and my birth certificate. The foreigner only needed a green card, nothing else. I wasn't selected. How is it that non-citizens have it easier than citizens? Last year my landlord was in a crash with an illegal alien. The cops let the illegal go, even though she had no license or insurance. F___ Dallas Texas. As soon as I earn enough money from my next job I'm leaving.
I went thru 08 and I can tell you there were whole subdivisions the builders just abandoned. I moved into a house for 165k which I sold for 380k last year. That subdivision had 4 houses and they stopped building. Today it has about 50 houses. Sometimes during 08 it was hard to buy a house because its paper was tied up in a packaged mortgage investment held by an investment firm. It was hard to get those companies to release individual house paper. A lot of these would be short sales but if you made an offer you had to add 6 months onto the time to obtain possession because they had to get it out of the bundled package it was in.
🎉🎉🎉 I really am loving this new format with Melody. The microphone 🎤 and interviews are great 👍. I can’t believe that you’re not over 100,K subscribers yet 🤔🤔🤔. But hold on because you will very soon. Tons of love and respect to both of you. Blessings,Carlos ✝️🙏❤️😊🇺🇸
China did poor on destroying the buildings . Here’s what they could have done , sell these properties to foreigners for visiting China which will increase tourism as well as place those properties but what can you do since it’s their country what ever they want to do they are free to do 😂
With all the moratoriums and banks doing everything they can to AVOID foreclosing, I'm shocked there is that many... I'd guess they are suggesting there's a crack in the dam and the flood might be coming...
DFW resident here. I'm renting for the foreseeable future because sellers are asking way too much for housing. While not ideal, my current place has allowed me to save so much towards a future down payment so I'll be ready to hop in once the market cools. Also, I've noticed some slack in multifamily. Rents are still high compared to pre-pandemic levels, but more apartments have been offering incentives such as waiving admin/application fees, 1+ months free rent or $X off first month's rent. There are deals out there and I expect them to get even better as more multifamily inventory becomes available.
Hello guys, thanks for being in Dallas again. And you are correct about the large number of multi-family (apartments) being built, today it was reported that in Frisco a new 1000 multi-family is being planned. I live in Addison and in about a 6 mile radius, we have 3 new apartments being built not to mention the existing ones in Addison Circle, Vitruvian, and all of the other ones.
I live in east Dallas next to downtown and work in CRE and they are absolutely right. The SMU/Park Cities area is one of the most expensive areas in the state. It’s not representative of the rest of Dallas whatsoever. I’m born and raised in DFW and I’m ready to leave. No longer affordable and crime has risen the last few years. Property taxes on a lot of these homes are more than interest on the note! Traffic is absolutely terrible with everyone that’s moved here and the city won’t take care of the roads and infrastructure.
Great to see you in dallas. I live in North Dallas and have been following both of you for the past 2 years. I think most of the comments you made a related to the Dallas City and the Dallas county. However lot more people live in the suburbs such as Alan Plano McKinney Frisco Grapevine etc. bunch of companies have their headquarters or large presents in the suburbs examples of Frito-Lay Erickson Toyota FedEx and few more. The suburbs are showing quite different picture than the city. Most of the people that live in the suburbs rarely go to the city. Would you be covering any of these videos?
How are rent rates the same in almost every market in the entire country?Rents are supposed to match cost of living and wages in each market but they’re not!!!
moved from Dallas in 2016.I lived there 8 years, 2 miles from the grassy knoll. It is ugly, crowded (a lot worse now), people mostly have a snooty attitude, very expensive, traffic is horrible. No connection to nature. entertainment is alcohol and eating. Do not recommend. Interesting that Houstonians don't like Dallasites because they are known as being "stuck up" lol
Most of the mid-high range wealth is in north Dallas.. not west, south or east of Dallas. Highland Park is special but it’s only a small piece of Dallas area.
Your video was so informative that I had to subscribe. Thank you so much guys ! SMU has always been a nice area but once you go on the other side of the highway it’s a different story.
Not true. SMU is surrounded by fairly nice neighborhoods in all directions. The closest bad area to SMU is probably Vickery Meadow, bounded by Loop 12, 75, Walnut Hill and Abrams. It is very well contained but you could hardly describe that as "across the highway"
People think Texas is affordable lol - not true. We live LBJ lakeside and I just three years our mortgage has gone up 800.00 because Of property tax! And due to all the tornadoes the mortgage insurance went up here - so that also increased our mortgage. This sounds crazy but we lived in calif on a golf course and it was cheaper to live !! We left because It wasn’t a red state but damn - I’m a veteran and this is ridiculous!
Lots of houses on the market because taxes have doubled. This is happening all over Tx. Not to mention the higher utility bills and the water restrictions. Oh lets not forget HOA fees keep going up.
Unrelated to real estate but noticed you were flying your drone near SMU. In case you didn't know that location is very near a permanent TFR that covers the home of a former US president. Best I can tell from your location in the video you should have been clear of it but only you would be able to know for sure. Just thought I would say something in case you were not aware.
Excellent video! Melody touched on history and how investors can get away with squandering others' money and get wealthy while negatively impacting whole neighborhoods and the hard-working mid income wage earners. Unfortunately, absolute power can corrupt absolutely! Keep up the great work to educate voters!
Honestly Dallas is one of the worst cities to live in, the weather sucks, it’s either hot, cold or windy! Hail, thunderstorms and tornadoes! You see an empty desert land with just buildings and houses, no beaches and mountains! Really nothing to do ! You will also find crazy impatient and worst drivers every day on the road! You will regret!
Great job, guys. Sounds like Dallas has jobs. A neighbor during the GFC lost their home to foreclosure in California and moved to Texas for jobs and less expensive homes. Unfortunately, they were priced out of the market and in 2024 are still renting. I'm a negative nelly, and Dallas suburbs look like California sprawl 2x. If I were a young person starting out living downtown might be fun and affordable. But if you're broke all the time, then city life is not that much fun, even for a single person. Abandoned buildings are a blight and surprised the city leaves it like that. Raising a family in the Dallas suburbs can't be any worse than in California. lol
Great final message, Travis --- in so many markets and situations it makes sense to rent when you rationally consider rent/buy costs. It seems likely that monthly home mortgage prices/taxes/insurance/maintenance costs will adjust to be more in line with monthly rents, at some point in the future. Patience.
I notice that your graphs around 15:30 and 16:30 don't go back past 2021, which was when we saw a huge influx of California & NY expats. I'd argue that paints a deceptive picture. We're still hurting from that influx of people without the housing to support them as the interview at 24:00 explains, which increased rents and home prices by something like 50%, and are finally starting to heal but zoning is still getting in the way in a lot of areas.
Move to Dallas if you love being blinded at night by idiots running their ultra extreme Xenon super brights full time with headlights out of alignment but are somehow always perfectly aligned to your rear view mirror.
If Canadian Pacific hadn't bought Kansas City Southern plus a massive shipping boom along the Gulf Coast none of this materials boom availability would have been, well...available. Add to that a massive construction boom and a massive amount of energy and technology money plus unfettered immigration and everything still remains for further build out of whatever it is going on upon this truly vast Region which still appears to be booming anyways no matter what prices might be up to but yes long before this travelling through both Houston and Dallas as a truck driver was not a very "sightly"(visually appealing) experience and considering how beautiful Texas once was very sad to see that.
My favorite topic! Lots of good info in this video but your migration data, though probably accurate to Dallas and Dallas County, misrepresented DFW. The Dallas and Dallas county population has been declining over many years. A better metric would have been Collin county or DFW as a whole. Collin county is the business hub and where most of the growth is. If we really want to have a solid pulse on demand we have to use those big picture metrics. Demand is what's holding up home prices here so we can't take a narrow snap shot. It might help to focus on the metro as a whole or find out where your business hubs are. I constantly explain to my viewers that we have these vying forces of migration on the demand side and new construction oversupply and we MUST keep tabs on the data to identify market trends. If migration truly slows down big picture - metro - Collin County - we will see oversupply due to new construction. We live in hope! A decline in Dallas or Dallas County alone, though, isn't enough. Lots of good info here, especially on always getting an inspection and never, ever buying a home based on emotions. When in doubt, wait, and the market analysis - a MUST. Never buy without a solid market analysis and make the Realtor explain it, show the comps on a map, etc. Don't let them hand pick. A market analysis is a series of metrics culminating into an average and you want to ensure every metric is used correctly. I am constantly telling my buyers a house is overpriced and they move on - as well they should.
Good insights on DFW, thank you. I messaged you before. Please email me if you want to connect. I would love to do another video of both DFW and Dallas combined. Your help would be greatly appreciated.
Your work is great! Just a little for perspective, University Park [city] and Highland Park [town] near SMU are their own entities so they have control over their areas without big city Dallas input.
Can you talk about Charlotte? we have lived here for 20 years and it has gotten over run by rude drivers, who take the reds and over population that is not making the city's crime has significantly up. And articles don't help the situation. Charlotte is not cheap, we are moving far away and looking at SC as the taxes are way better!
As with everywhere, it depends. I moved here in 2018. IT sector is great for job seekers. Finance is okay. There are jobs everywhere, but getting a job depends on what you want to do vs what you're willing to do. House prices did go up substantially since then, but I'm under contract for a new build right now for a price I can fortunately afford. Not looking to refinance or get an equity loan at all. Don't need it, so I'm alright with being underwater for 10 to 20 years if the market does crash.
Honestly Fort Worth has alot of Potential more than Dallas in my opinion but the city planning is none existing. Yet Property taxes in both are sky rocketing
I was actually looking to buy a home in Dallas in the fall. I currently live in Santa Fe, NM. I wanted to expanse my marketing and creative agency services business to D Town.
Dallas Born and Raised here. That abandoned building have been abandoned for years, it use to be Cabana Hotel, then City of Dallas bought it and turned it into a jail, Decker Jailhouse afterwards it was turned into a Halfway house Detention Center and then it was closed. It has been closed since 2010 oh and it housed people from New Orleans due to Hurricane Katrina.
Im a Texan, never lived away from Dallas. My advice to people thinking about coming here is "Dont come, we are full, go somewhere else".
Move to Dallas if you want to add $900 a month to your mortgage because homeowners pay all the taxes here. Move to Dallas if you want to drive 45 minutes to an hour to get anywhere. Move to Dallas if you can afford a $500,000 house for a 40 year old fox and jacobs crap built home in west Plano, and your neighbor paid $240,000 3 years ago.
Skill issue. You have to know where you want to be in DFW and live in an appropriate area. It's because of noobs who move here and merge onto highways at 50mph and cruise at 60mph like morans that it takes longer. Before COVID and the flood of carpetbaggers from all over the country, you'd have people reguarly cruising at 80mph+ easy on highways. Only after people started moving here did traffic get bad.
Traffic has been horrible in Dallas for as long as I can remember. I grew up and live in DFW, when you cross from Tarrant to Dallas county you have to speed up and drive very defensively. Its crazy
haha. ever looked at Lennox house. ceiling are only 8 ft. Crappiest built house ever
Gov needs to buy building. make housing for homeless
Houses built between 84 - 2000 are the best built homes after the 100yo homes.
I work in the Grocery retail industry and periodically travel to Dallas for work. The lady that you interviewed is 100% correct. New Dallas is all the retail therapy you can handle and high paying jobs, Those people probably haven't lived there long. Old Dallas is poorer.... Oh and the Drivers in Dallas make Houstonians seem polite on the road.
Dallas is like a place with a few beautiful islands spread out in an ocean of crap! I had a job recently in Dallas that had me driving around the entire metro area east of Fort Worth. Dallas is like Los Angeles with fewer homeless people. Within the ocean of crap are old abandoned or repurposed grocery chain buildings, repurposed fast food restaurants, and lots of Mexican restaurants. Lots of strip malls in the area.
The roads are mostly broken, but there are some good ones around. For some reason, throughout Dallas, the roads department doesn't maintain curb painting or painted lines on the roads. Even the lines between lanes are disappearing.
Some neighborhoods in Mesquite look like they were all built using the same ugly brown bricks. The land is sinking everywhere because the underlying dirt crumbles. If you move to the Dallas area YOU WILL need to have your foundation leveled every ten or so years, or you can live with a leaning cracked foundation.
In the norther area of Dallas it looks a little better, but it looks like everywhere else in the nation. All of the same fast food and grocery store chains are there. There is no real culture here. It's just a gigantic land mass of expensive neighborhoods. I haven't found Dallas to be friendly or hospitable for somebody who doesn't earn much money. I've had things stolen. My vehicle insurance is higher here than the small town from where I came.
Nobody earning $14 per hour full time can afford a car AND a good apartment AND health insurance AND car insurance. If somebody earning that much money has children they will NEVER get ahead in life.
It seems that almost half of the people in the southern area are not Americans. They cause traffic accidents and flee. I applied to a job last week. They wanted my driver license, my social security card, and my birth certificate. The foreigner only needed a green card, nothing else. I wasn't selected. How is it that non-citizens have it easier than citizens? Last year my landlord was in a crash with an illegal alien. The cops let the illegal go, even though she had no license or insurance. F___ Dallas Texas. As soon as I earn enough money from my next job I'm leaving.
I went thru 08 and I can tell you there were whole subdivisions the builders just abandoned. I moved into a house for 165k which I sold for 380k last year. That subdivision had 4 houses and they stopped building. Today it has about 50 houses. Sometimes during 08 it was hard to buy a house because its paper was tied up in a packaged mortgage investment held by an investment firm. It was hard to get those companies to release individual house paper. A lot of these would be short sales but if you made an offer you had to add 6 months onto the time to obtain possession because they had to get it out of the bundled package it was in.
This time IS different !
Just not how most assume
@@tigersamuels1579yeah right 30-40% surge in cost of living with continued money printing. Its very different. Hyperinflation
People riding bicycles with helmets - man, you really know you are in a good area now. lol .
You’re like some Texas Roadhouse butter, cause you guys are on a roll
Really enjoying these collabs you are doing with Melody. Great team.
Great boots on the ground video! ❤
🎉🎉🎉 I really am loving this new format with Melody. The microphone 🎤 and interviews are great 👍.
I can’t believe that you’re not over 100,K subscribers yet 🤔🤔🤔. But hold on because you will very soon.
Tons of love and respect to both of you.
Blessings,Carlos ✝️🙏❤️😊🇺🇸
Me too!!!!!! 😁❤️❤️❤️❤️
Dallas and Houston structurally are very different. From my experience, the zoning laws contribute massively to this aspect!
Great job Travis & Melody! Really learning a lot and seeing the big picture of the Housing Crisis 2.0! Thank you!
That statement is 100% true, “They don’t care about you”
It defines finance.
Thank you for this Texas series. I am job hunting right now and this was great to start my research with.
Thanks Melody, this cycle of building big buildings and then tearing them down reminds me of what is happening to the "Ghost Cities" in China.
But capitalism is good at allocation of resources! 😂
China did poor on destroying the buildings . Here’s what they could have done , sell these properties to foreigners for visiting China which will increase tourism as well as place those properties but what can you do since it’s their country what ever they want to do they are free to do 😂
So essentially? You’re proposing the USSA just engages in a faster cycle of build, dawdle, demise, & demolition?, nice observation!!.
17:29 Are we living in the same city?!? haha I would NOT say Dallas is a walkable city
That nice neighborhood in Dallas is Highland Park, one of the most expensive and exclusive areas of Dallas. No wonder you liked it.
There are a lot of nice neighborhoods in Dallas. Highland Park is one of many.
What is the name of the neighborhood where W lives?
@@OscarGarcia-sk8px Preston Hollow
Park cities are 60K in Taxes tho! Allen is great
Highland Park is the most expensive zip code in Dallas.
300 foreclosures in an entire city???? Thats a "flood of foreclosures"
Are you kidding me?
With all the moratoriums and banks doing everything they can to AVOID foreclosing, I'm shocked there is that many... I'd guess they are suggesting there's a crack in the dam and the flood might be coming...
You have to know time denominator to understand frequency. 300 in 2 years is nothing. 300 in 2 months is a lot.
Exactly.
@@InnovativeSustainableSolutionsboom I use to see a house listed and watch it sell in 45 minutes now they sit for months
@@The_Clumsy_Investorforeclosures are happening because people abandon them.
DFW resident here. I'm renting for the foreseeable future because sellers are asking way too much for housing. While not ideal, my current place has allowed me to save so much towards a future down payment so I'll be ready to hop in once the market cools.
Also, I've noticed some slack in multifamily. Rents are still high compared to pre-pandemic levels, but more apartments have been offering incentives such as waiving admin/application fees, 1+ months free rent or $X off first month's rent. There are deals out there and I expect them to get even better as more multifamily inventory becomes available.
Hello guys, thanks for being in Dallas again. And you are correct about the large number of multi-family (apartments) being built, today it was reported that in Frisco a new 1000 multi-family is being planned. I live in Addison and in about a 6 mile radius, we have 3 new apartments being built not to mention the existing ones in Addison Circle, Vitruvian, and all of the other ones.
High inventory but unaffordable for the average Dallas native.
Yes move to Dallas everyone. Florida is full 😂
I'm in Dallas... we're definitely full. I'm coming to Orlando in a decade or bust!
I’m in Houston but I’ll be moving to Florida soon 😂
But we will miss out on Florida man. 😢😢😢
Better message for everyone thinking of moving to Dallas...STAY IN CALIFORNIA. We don't need more hipsters.
Don’t ever move to the DFW to much traffic not worth it.
That's basically everywhere now unfortunately
At least Dallas traffic moves. Austin traffic inches forward. Way different.
Thanks for covering Dallas. Great insights.
I am loving Melody!!!!! Both of you!!!!!! Keep up the great work!!!!! 😁❤️❤️❤️❤️
I live in east Dallas next to downtown and work in CRE and they are absolutely right. The SMU/Park Cities area is one of the most expensive areas in the state. It’s not representative of the rest of Dallas whatsoever. I’m born and raised in DFW and I’m ready to leave. No longer affordable and crime has risen the last few years. Property taxes on a lot of these homes are more than interest on the note! Traffic is absolutely terrible with everyone that’s moved here and the city won’t take care of the roads and infrastructure.
@@jenniferwatz CRE - what's that?
@@kittendkat5100 Commercial Real Estate
Well, you can never go wrong with a million dollar view and fantastic weather. Oh wait.
Man, release the "Now That's What I Call Music: Real Estate Mindset!"
Like the intro guitar! The show just gets better! One million subscribers and beyond 🚀
Best intro yet honestly. Nailed it
I'm still bias to the old one but the new one is growing on me
Great video Melody and Travis, better together, love it.
Great to see you in dallas. I live in North Dallas and have been following both of you for the past 2 years. I think most of the comments you made a related to the Dallas City and the Dallas county. However lot more people live in the suburbs such as Alan Plano McKinney Frisco Grapevine etc. bunch of companies have their headquarters or large presents in the suburbs examples of Frito-Lay Erickson Toyota FedEx and few more. The suburbs are showing quite different picture than the city. Most of the people that live in the suburbs rarely go to the city. Would you be covering any of these videos?
How are rent rates the same in almost every market in the entire country?Rents are supposed to match cost of living and wages in each market but they’re not!!!
I haven't seen it, but I heard, and that was a big piece of the puzzle that's missing
🎉BRAVO🎉 Excellent reporting especially on the older buildings not being revitalized!
I love these videos you guys are the new real news broadcasters.
moved from Dallas in 2016.I lived there 8 years, 2 miles from the grassy knoll. It is ugly, crowded (a lot worse now), people mostly have a snooty attitude, very expensive, traffic is horrible. No connection to nature. entertainment is alcohol and eating. Do not recommend. Interesting that Houstonians don't like Dallasites because they are known as being "stuck up" lol
30+ year resident and this is all too real.
🎯💯
Texas, Florida, other sunbelt areas have these issues. Not everywhere though.
Thank you so much for your journalism
Most of the mid-high range wealth is in north Dallas.. not west, south or east of Dallas. Highland Park is special but it’s only a small piece of Dallas area.
99% of the wealth in Dallas is concentrated at Big T Plaza.
Lol my 2 branch c 6:36 redit union an hour south of big D has 346 million in assets. You forget about the oil patch out here in the hinterlands?
These interviews with the locals quite good.
Does this hold for Plano, Frisco, Allen, Mckinney?
Your video was so informative that I had to subscribe. Thank you so much guys ! SMU has always been a nice area but once you go on the other side of the highway it’s a different story.
Not true. SMU is surrounded by fairly nice neighborhoods in all directions. The closest bad area to SMU is probably Vickery Meadow, bounded by Loop 12, 75, Walnut Hill and Abrams. It is very well contained but you could hardly describe that as "across the highway"
Love the real conversation in the car, which the person said exactly what everyone is dealing with, inflation, and why!
People think Texas is affordable lol - not true. We live LBJ lakeside and I just three years our mortgage has gone up 800.00 because Of property tax! And due to all the tornadoes the mortgage insurance went up here - so that also increased our mortgage. This sounds crazy but we lived in calif on a golf course and it was cheaper to live !! We left because It wasn’t a red state but damn - I’m a veteran and this is ridiculous!
I live in Dallas/FTW and Dallas is just so ghetto. The government is a joke.
That skyline in my rear view mirror is the best part of my day.
Lots of houses on the market because taxes have doubled. This is happening all over Tx. Not to mention the higher utility bills and the water restrictions. Oh lets not forget HOA fees keep going up.
Unrelated to real estate but noticed you were flying your drone near SMU. In case you didn't know that location is very near a permanent TFR that covers the home of a former US president. Best I can tell from your location in the video you should have been clear of it but only you would be able to know for sure. Just thought I would say something in case you were not aware.
Excellent video! Melody touched on history and how investors can get away with squandering others' money and get wealthy while negatively impacting whole neighborhoods and the hard-working mid income wage earners. Unfortunately, absolute power can corrupt absolutely! Keep up the great work to educate voters!
Highland Park/University Park are worlds apart from downtown Dallas. Always has been, at least in my life time.
Honestly Dallas is one of the worst cities to live in, the weather sucks, it’s either hot, cold or windy! Hail, thunderstorms and tornadoes!
You see an empty desert land with just buildings and houses, no beaches and mountains! Really nothing to do ! You will also find crazy impatient and worst drivers every day on the road! You will regret!
Dallas used to be a great little city. Now it's like Los Angeles. I hope the heat makes new folks regret moving here
Buying a hime in subdivisions with HOA fees is a stupid financial decision…especially the homes that almost on top of each other!!!
do not move to Dallas
Great job, guys. Sounds like Dallas has jobs. A neighbor during the GFC lost their home to foreclosure in California and moved to Texas for jobs and less expensive homes. Unfortunately, they were priced out of the market and in 2024 are still renting. I'm a negative nelly, and Dallas suburbs look like California sprawl 2x. If I were a young person starting out living downtown might be fun and affordable. But if you're broke all the time, then city life is not that much fun, even for a single person. Abandoned buildings are a blight and surprised the city leaves it like that. Raising a family in the Dallas suburbs can't be any worse than in California. lol
Thanks for sharing
Look forward to your channel and see when will the prices come down in Dallas!
Are you coming to Phoenix again?
love melody ❤
:) THANKS for sharing! PRICED OUT like most folks, so rent is the ONLY Option sadly :(
Homeless or cardwelling are other popular options.
Bonkers !
These are nicely done 👏👏👏
Great final message, Travis --- in so many markets and situations it makes sense to rent when you rationally consider rent/buy costs. It seems likely that monthly home mortgage prices/taxes/insurance/maintenance costs will adjust to be more in line with monthly rents, at some point in the future. Patience.
Love this format! Please more of this.
I notice that your graphs around 15:30 and 16:30 don't go back past 2021, which was when we saw a huge influx of California & NY expats. I'd argue that paints a deceptive picture. We're still hurting from that influx of people without the housing to support them as the interview at 24:00 explains, which increased rents and home prices by something like 50%, and are finally starting to heal but zoning is still getting in the way in a lot of areas.
Move to Dallas if you love being blinded at night by idiots running their ultra extreme Xenon super brights full time with headlights out of alignment but are somehow always perfectly aligned to your rear view mirror.
Melody is so encouraging to bring hope, that the average person doesn't have to jump in for fear of losing their chance. I pray she's right!
South Dallas is ratted out. It could be nice if anyone had pride in ownership.
Melody is a pleasure to watch!!
If Canadian Pacific hadn't bought Kansas City Southern plus a massive shipping boom along the Gulf Coast none of this materials boom availability would have been, well...available. Add to that a massive construction boom and a massive amount of energy and technology money plus unfettered immigration and everything still remains for further build out of whatever it is going on upon this truly vast Region which still appears to be booming anyways no matter what prices might be up to but yes long before this travelling through both Houston and Dallas as a truck driver was not a very "sightly"(visually appealing) experience and considering how beautiful Texas once was very sad to see that.
Take a look at Shoreline master plan community>San Antonio>Boerne, the price on the new builds have risen from March to April! Craaaaaaaazy
Nice work y'all!
Great job Travis 👍
The nice area is a separate city called highland park.
My favorite topic! Lots of good info in this video but your migration data, though probably accurate to Dallas and Dallas County, misrepresented DFW. The Dallas and Dallas county population has been declining over many years. A better metric would have been Collin county or DFW as a whole. Collin county is the business hub and where most of the growth is. If we really want to have a solid pulse on demand we have to use those big picture metrics. Demand is what's holding up home prices here so we can't take a narrow snap shot. It might help to focus on the metro as a whole or find out where your business hubs are. I constantly explain to my viewers that we have these vying forces of migration on the demand side and new construction oversupply and we MUST keep tabs on the data to identify market trends. If migration truly slows down big picture - metro - Collin County - we will see oversupply due to new construction. We live in hope! A decline in Dallas or Dallas County alone, though, isn't enough.
Lots of good info here, especially on always getting an inspection and never, ever buying a home based on emotions. When in doubt, wait, and the market analysis - a MUST. Never buy without a solid market analysis and make the Realtor explain it, show the comps on a map, etc. Don't let them hand pick. A market analysis is a series of metrics culminating into an average and you want to ensure every metric is used correctly. I am constantly telling my buyers a house is overpriced and they move on - as well they should.
Good insights on DFW, thank you. I messaged you before. Please email me if you want to connect. I would love to do another video of both DFW and Dallas combined. Your help would be greatly appreciated.
@@realestatemindset Sounds great! I just sent you an email.
You guys do rock. Mel is obviously the smartest of the two 😊. But I love the collaboration
Do not move here we are full 😂
No one can afford University/Hyland Park and Dallas is full, no mass god dammit
Bro, no invite? I could've shown you where to get legit street tacos lol.
Thats the old probabtion building
Oh oh I guess Houston is next. That is if you skip FW.
Real estate agents take way too much money for not much work. Lime they may show you 10 homes, spend 50 hours on you, and they want $15k
Your work is great! Just a little for perspective, University Park [city] and Highland Park [town] near SMU are their own entities so they have control over their areas without big city Dallas input.
You two do an amazing job!
Melanie has suck a great broadcasters voice and mannner
Thanks for all you do!
The new music is good
24:12 we’ll ssid . It’s the government aka the federal reserve
Please come to Arizona, especially the Queen Creek Area
Can you talk about Charlotte? we have lived here for 20 years and it has gotten over run by rude drivers, who take the reds and over population that is not making the city's crime has significantly up. And articles don't help the situation. Charlotte is not cheap, we are moving far away and looking at SC as the taxes are way better!
That women being interviewed in her car Nailed it. IT'S THE GOVERNMENT!!!!
You left out one key word, it’s the government corruption. I personally think there are still other factors
As with everywhere, it depends. I moved here in 2018. IT sector is great for job seekers. Finance is okay. There are jobs everywhere, but getting a job depends on what you want to do vs what you're willing to do. House prices did go up substantially since then, but I'm under contract for a new build right now for a price I can fortunately afford. Not looking to refinance or get an equity loan at all. Don't need it, so I'm alright with being underwater for 10 to 20 years if the market does crash.
Homes in the hood are 250-300/sq ft, just crazy. Dallas is dirty and rundown
news flash Highland park isn’t Dallas but sure is nice
Highland Park 😍best neighborhood ever ❤️
The Upscale subdivision (near SMU) has a name "The Park Cities" which is made up of Highland Park to the south and University Park to the north,
HEY
Great work, you two!
Honestly Fort Worth has alot of Potential more than Dallas in my opinion but the city planning is none existing. Yet Property taxes in both are sky rocketing
Incredible over the top reporting!!!! ✔️💰👊😀👍
crash incoming, its gona get bad, dallas is over
University Park looks nice!
I was actually looking to buy a home in Dallas in the fall. I currently live in Santa Fe, NM. I wanted to expanse my marketing and creative agency services business to D Town.
Go home, Dallas is full.
Travis, do you have a green or blue drone? I think I saw a drone from my backyard in McKinney.