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    Bigger D

    Dallas beats out Austin as favorite Texas city for new residents during pandemic

    Katie Friel
    Feb 8, 2021 | 4:49 pm
    Dallas skyline with reflection
    Dallas added about 76,000 residents last year.
    joe daniel price/Getty Images

    New York Mayor Bill de Blasio recently tweeted a link to a Forbes article along with the following caption: "Move over Austin, because as the song says, if you can make it here, you can make it anywhere — and it’s easier than ever for young dreamers to make it in the greatest city in the world!"

    Though it's a stretch to say de Blasio was trying to start a "feud," the tweet does illustrate the national hype surrounding Austin — from major news outlets reporting on a COVID-induced wave of people trading big cities for a better quality of life in Central Texas to companies such as Oracle moving their operations to the Capital City.

    But new data from Redfin says it's actually not Austin pulling the most newcomers into Texas. It's ... Dallas.

    In its new report, published February 4, the real-estate brokerage used data from 1 million Redfin users and the U.S. Census Bureau to calculate pandemic-induced migration, using net inflow (another name for people moving into the city), number of homes for sale compared to last year, median home price, and new construction permits to calculate the 10 metro areas with the biggest boon.

    Dallas might not be grabbing the headlines (or tweets) bestowed upon Austin, but at 76,037 people, Big D had the No. 2 largest net inflow in the U.S. last year, adding nearly 30,000 more people than Austin.

    That's the most residents Dallas has added in the past decade.

    Austin is a few spots below Dallas, as the No. 5 metro area with the biggest net inflow in 2020. Last year, the Capital City welcomed 46,958 new residents. Like Dallas, that's more than any other year in the past decade.

    Coupled with the pandemic, the influx has set off a residential real estate explosion in Austin, knocking the number of homes for sale down 19.2 percent year-over-year and shooting home prices up 15.2 percent to a median of $370,000 across the Austin-Round Rock metro area.

    Dallas, too, is seeing a housing shortage, with the number of homes for sale falling 35.7 percent over last year and the median home price climbing 9.1 percent to $323,900.

    "People aren't moving to places with more homes available to buy; they're moving to places with more affordable homes to buy," says Redfin chief economist Daryl Fairweather. "Remote workers leaving expensive places for relatively affordable areas, partly because the allure of more house for less money is strong, is exacerbating housing supply shortages in more affordable parts of the country."

    Earning the top spot in the Redfin report was Phoenix, a city where more than 82,000 moved to last year. Like Dallas and Austin, Phoenix is attracting buyers from California looking for better tax rates, warm weather, outdoor amenities, and affordability. And, like its Texas counterparts, it's also finding some long-term residents struggling to afford the new normal.

    "Even though Phoenix is affordable compared to other places, prices have risen significantly over the last year," said Phoenix-based Redfin agent Van Welborn in the report. "Locals are having a hard time getting their offers accepted because there are so few homes on the market, and often someone from California will put in a competing offer at a higher price and waive the appraisal."

    Joining Dallas and Austin in the top 10 are Phoenix (No. 1); Orlando (No. 3); Tampa, Florida (No. 4); Las Vegas (No. 6); Atlanta (No. 7); Greenville, South Carolina (No. 8); Charlotte, North Carolina (No. 9); and Knoxville, Tennessee (No. 10).

    According to Redfin, Bill de Blasio has a right to tweet his worries about New York City. The Big Apple lost 273,248 residents last year, the most of any city in the U.S. Currently, the number of homes on the market has increased 27.7 percent, and the median home price as of December now sits at $550,000.

    Los Angeles, at No. 2, also saw a mass exodus in 2020, losing 124,175 residents. Chicago came in next at No. 3, followed by the San Francisco Bay Area (No. 4); Detroit (No. 5); Seattle (No. 6); Boston (No. 7); Miami (No. 8); Washington, D.C. (No. 9); and Baton Rouge, Louisiana (No. 10).

    reportstrends
    news/city-life

    Closure news

    Neiman Marcus flagship store in downtown Dallas to close for good

    Stephanie Allmon Merry
    Jun 2, 2026 | 11:30 am
    Neiman Marcus downtown Dallas
    Neiman Marcus
    undefined

    The iconic downtown Dallas location of luxury department store Neiman Marcus, at 1618 Main St., will close for good, the company says.

    In a statement to media, parent company Saks Global said it planned to close the store on September 30, 2026 and focus on its NorthPark Center location in Dallas.

    "As we continue to take steps to secure a strong future for Neiman Marcus, our optimized store footprint is aimed at aligning our go-forward presence with customer demand and preferences. After a thorough evaluation, we have made the difficult decision to close the Neiman Marcus Downtown Dallas store on September 30, 2026, and concentrate our resources where our customers prefer to shop.

    "Dallas remains an incredibly important market for the Neiman Marcus brand, and our customers in the city and across the suburbs consistently choose to shop at our NorthPark location. We are committed to serving our loyal Dallas customers at NorthPark, where we plan to infuse elements celebrating the Downtown store’s rich history," the statement read.

    The store has been open since 1914 and served as a bedrock for downtown Dallas.

    The definitive closure announcement, first reported by The Dallas Morning News, ends a months-long saga of will-they-won't-they and back-and-forth with the city of Dallas. There have been many efforts to keep the longtime store open.

    To recap: In mid-February 2025, Saks Global said they were closing the 100-year-old store after a dispute with the landlord. City leaders rallied to keep it open. It worked, sort of: a landlord who owned a piece of land on which the iconic store resides agreed to donate it to the city of Dallas, so that there would be no obstacles for the store's continued operation.

    But then in late February 2025, Saks Global reiterated that the Neiman Marcus Downtown Dallas store would definitely close on March 31, 2025. More rallying happened.

    In late March 2025, days before it was to have closed, Saks Global announced the store would remain open through the 2025 holiday season while it explored a reimagination of the location in collaboration with the City of Dallas.

    In January 2026, Saks Global filed for bankruptcy, leaving the fate of all stores unclear. The more than $2 billion in debt that Saks Global amassed to acquire Neiman Marcus in 2024 helped push the company into bankruptcy court, they said. As part of its Chapter 11 bankruptcy case, Saks Global has secured about $1.75 billion in financing to keep the company afloat and its stores open.

    In announcing the bankruptcy, Saks Global said it was evaluating its store lineup “to invest resources where it has the greatest long-term potential. This approach reflects an effort to focus the business in areas where [our] luxury retail brands are best positioned for sustainable growth.”

    Saks Global announced that the Neiman Marcus store at The Shops at Willow Bend in Plano would close in January 2027 after 25 years. According to Saks Global, there are no plans to replace or relocate the store.

    The closures of Downtown and Willow Bend leave Neiman Marcus with two DFW-area locations: NorthPark Center, and the Shops at Clearfork in Fort Worth.

    ---

    Teresa Gubbins and John Egan contributed to this story.

    shoppingneiman marcusdowntown dallasclosings
    news/city-life
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