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    Flying higher

    Dallas will see one of biggest jumps in home values among HQ2 finalists

    John Egan
    Dec 10, 2018 | 2:31 pm
    Dallas skyline
    So far this year, home values in DFW have jumped 10.9 percent, compared with the national average of 7.7 percent.
    TREC Dallas/Facebook

    Among the 20 finalists for Amazon’s second (and third) headquarters, experts surveyed by real estate website Zillow predict Dallas-Fort Worth will see some of the biggest gains in home values in 2019.

    The experts — real estate economists and investment specialists — ranked DFW fourth among the Amazon-finalist markets based on which metro areas they expect to outperform the national average for home-value appreciation next year. Ahead of DFW were Denver, at No. 1; Washington, D.C., No. 2; and Atlanta, No. 3.

    In November, Amazon picked the D.C. metro area and New York City to split what had been promoted as the second headquarters, or Amazon HQ2, for the Seattle-based e-commerce giant. Amazon says it plans to eventually hire 25,000 in each of those two places, with another 5,000 corporate jobs heading to Nashville.

    Recently, Zillow predicted areas that missed out on HQ2 would see more economic growth as other companies recognize the value in their proposals, led by investments from high-tech companies, as they are priced out of traditional tech hubs.

    For this survey, sponsored by Zillow and conducted by Pulsenomics LLC, more than 100 experts were quizzed about for their predictions for the U.S. housing market in 2019. As part of the poll, Pulsenomics asked the experts to rate U.S. markets based on the likelihood that next year’s rise in home values would outpace the national average.

    The analysis showed that home value growth in several large U.S. markets — namely a handful closely considered, but ultimately rejected, as potential landing spots for Amazon’s coveted second headquarters — is expected to outperform the national average over the coming year, even as overall growth slows.

    Twenty-one experts favored DFW home values to outperform the U.S. average next year, compared with seven who thought the Metroplex would underperform the national average.

    Just one expert pegged Austin, the only other Texas finalist for HQ2, as an overachiever in 2019. Austin received no votes from experts who believe the metro area will be an underachiever next year.

    So far this year, home values in DFW have jumped 10.9 percent, compared with the national average of 7.7 percent, according to Zillow. In the Austin metro area, home values have risen 6.5 percent thus far.

    Next year, the experts predict, the average home value in the U.S. will increase 3.8 percent.

    “Amazon ultimately selected two of the country’s most prominent hubs of commerce for their second and third headquarters, but many of the candidate cities that were not ultimately selected could see spillover gains in 2019,” Aaron Terrazas, senior economist at Zillow, says in a release. “The groundwork that they undertook to entice Amazon will also be attractive for smaller employers increasingly strained by high and rising costs in traditional tech hubs.”

    Licensed real estate agent Christian Adams of Austin, who’s CEO of Dallas-based Repair Pricer, says he agrees with Zillow survey’s forecast for Dallas, calling it “spot-on,” but disagrees with its perspective on Austin. Repair Pricer’s technology converts home inspection reports into home repair estimates.

    Although Dallas-Fort Worth is home to 22 Fortune 500 companies but Austin has none, the Capital City “has been attracting a lot of smaller tech-focused startups and high-growth companies in the last few years,” Adams tells CultureMap. “I believe this is mainly fueled by the fact that Austin offers a vastly dissimilar lifestyle to Dallas.”

    Compared with Dallas, he says, Austin is more in tune with the lifestyle of West Coast transplants who are fleeing high corporate and personal income taxes. This, in turn, boosts the Austin housing market, as those transplants — who’ve become accustomed to much pricier homes — “see incredible value in the Austin housing market even after the sustained growth we have been experiencing,” Adams says.

    Furthermore, he adds, Austin’s economic growth in 2017 exceeded that of any other U.S. metro with at least 2 million residents, and Austin’s office vacancy rates dropped in the third quarter of this year.

    Based on that data — as well as internal data collected by Repair Pricer showing more robust demand for home repairs in Austin than Dallas — Adams predicts Austin will “keep overperforming” despite not having secured one of the Amazon prizes.

    home-for-salerankings
    news/real-estate

    Dallas Got Robbed

    The richest small town in Texas is surprisingly not in Dallas

    Amber Heckler
    Dec 12, 2025 | 1:18 pm
    Bellaire, Texas
    Facebook / City of Bellaire, Texas
    Houston neighbor Bellaire is the richest town in Texas.

    A survey of affluent small towns has found one town in Texas to be at the top of the list, but shockingly, it is not in Dallas. The town of Bellaire, a small enclave within the Houston metro area, has earned the top spot as the richest small town in Texas for 2025. Boo.

    The report, "The Richest Small Town in Every State," from GoBankingRates, selected one city from each state, using data from the U.S. Census Bureau's American Community Survey to determine the 50 richest small towns based on their median household income.

    Describing Bellaire as a "small town" might be a misnomer. It's located less than 10 miles from downtown Houston and is fully surrounded by the City of Houston. It's really more of a wealthy enclave within Houston, with a population of just over 17,000 residents.

    Those affluent citizens earn a median $236,311 in income every year, which GoBankingRates says is the 11th highest household median income out of all 50 cities included in the report.

    The average home in this city is worth over $1.12 million, but Bellaire's lavish residential reputation often attracts properties with multi-million-dollar price tags.

    Bellaire also earned a shining 81 livability score for its top quality schools, health and safety, commute times, with an abundance of exceptional local amenities.

    Those include conveniently located grocery stores, coffee shops, diverse dining options, and spacious parks.

    It's not the first time that Bellaire has caught the eye of GoBankingRates, which previously ranked it as the No. 23 wealthiest suburb in America, and it's been named on similar lists comparing the richest American cities.

    Dallas can take comfort in the fact that a different survey found Lewisville to be of the cities attracting the most high-income households, meaning those that make more than $200,000. However, census data places the most recent median income in Lewisville at $85,002 — so it's nowhere close to catching up to Bellaire.

    suburbshoustonbellaireaffluent households
    news/real-estate
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