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    HOUSING MARKET REPORT

    Dallas deemed the No. 8 U.S. housing market for growth and stability in 2023

    Amber Heckler
    Apr 5, 2023 | 2:28 pm
    Dallas skyline

    Dallas housing prices have increased 213 percent since 1998.

    Photo by Sean Pavone/iStock

    Despite concerns about housing prices and availability in the state, a new study deemed six major Texas metropolitan areas some of the best housing markets in the nation for their growth and stability. And Dallas took the No. 8 spot.

    In SmartAsset’s 2023 report, Dallas-Plano-Irving earned its eighth best housing market ranking due to its massive 213 percent home price increase since 1998. Dallas ranked seventh in the same report last year.

    The report looked at home value data from 400 nationwide metro areas between 1998 and 2022. Overall, home prices have grown an average of 154 percent since 1998.

    Considering Dallas is the third largest city in the state based on its population, the housing market’s skyrocketing growth was inevitable. Plano was recently named one of the best suburbs to buy a house in. The area is also home to some of the nation's best large employers.

    Interestingly, the neighboring Fort Worth-Arlington-Grapevine market ranked No. 14 in the SmartAsset study. Home prices there have shot up 202 percent since 1998, the study says. It ranked 15th in last year's survey.

    Five other Texas metro areas earned spots in the top 10 best housing markets, making it pretty clear why the Lone Star State has the sixth highest property tax rate in the U.S.

    Austin-Round Rock earned the No. 1 spot with an eye-popping 354 percent growth rate, which is vastly greater than any other area in the country.

    Two West Texas markets, Midland and Odessa, ranked No. 2 and No. 7, respectively, with similar growth rates of 256 percent and 226 percent.

    Home prices in San Antonio-New Braunfels have tripled since 1998, a 204 percent increase, earning them the No. 9 spot. Houston-The Woodlands-Sugar Land rounded out the top 10 with a 204 percent growth rate.

    The top 10 best housing markets for growth and stability are:

    • No. 1 – Austin-Round Rock
    • No. 2 – Midland, Texas
    • No. 3 – Boulder, Colorado
    • No. 4 – Fort Collins, Colorado
    • No. 5 – Kennewick-Richland, Washington
    • No. 6 – Rapid City, South Dakota
    • No. 7 – Odessa, Texas
    • No. 8 – Dallas-Plano-Irving
    • No. 9 – San Antonio-New Braunfels
    • No. 10 – Houston-The Woodlands-Sugar Land


    Other Texas housing markets that earned spots in the report include Waco (No. 13), San Angelo (No. 15), College Station-Bryan (No. 18), Sherman-Denison (No. 19), and Abilene (No. 20).

    In a similar analysis of the worst housing markets for growth and stability, 13 out of 20 on the list are located in Michigan and Ohio. No Texas cities appear on the list.

    The full report can be found on smartasset.com.

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    RIP, Henry

    Dallas real estate visionary Henry S. Miller III dies at 79

    Candy's Dirt staff
    Mar 2, 2026 | 5:47 pm
    Henry S. Miller III
    Photo courtesy of Henry S. Miller
    Henry S. Miller III died February 28 at the age of 79.

    Henry S. Miller III — part of an iconic multigenerational Dallas real estate family and the visionary developer behind West Village — died February 28 of health issues. He was 79.

    Born November 16, 1946, to Juanita and Henry S. Miller Jr., Miller grew up in a real estate legacy that began with his grandfather in 1914 and made the name “Henry S. Miller” synonymous with Dallas. Miller helped shape modern Dallas development while maintaining a strong emphasis on neighborhood-scale retail with West Village, a concept ahead of its time.

    Long before mixed-use, walkable districts became common in North Texas, Miller erected an urban village in Uptown where shopping, dining, and residences came together to create a place to live and play. West Village opened in 2001.

    “He envisioned a dense, walkable urban village where streets and plazas were alive with people, shops, restaurants, and residences — a neighborhood that blended modern city living with a human scale rarely seen in Texas at the time,” the family announcement said.

    Walkability was a concept that didn’t exist in Dallas then. The approximately 400,000-square-foot development introduced a dense, walkable model that integrated retail, restaurants, multifamily housing, and public plazas at a time when Dallas development was still largely auto-centric. West Village became a template for later mixed-use projects across the region.

    His family says Miller was incredibly hands-on throughout the project, working alongside co-developers, architects, planners, and community stakeholders. He viewed the development not simply as a commercial venture but as a long-term contribution to the city’s evolving urban fabric.

    Henry S. Miller III Henry S. Miller, Jr (left) with Henry III on the roof of Highland Park Village, circa early 1980's.Photo courtesy of Miller family

    Miller also played a key role in the evolution of Highland Park Village. His father and family purchased the historic shopping center in 1976. Henry III and his father led a re-tenanting and revitalization of Highland Park Village that elevated its national retail profile while maintaining its neighborhood identity.

    With his connections in fashion retail, Miller helped Highland Park Village attract luxury brands such as Prada, which did not yet have a retail presence in Dallas. The family sold the property to Ray Washburne in 2009.

    His approach to neighborhood retail also shaped Preston Royal Shopping Center, originally developed in 1958 by Henry S. Miller Jr. and Trammell Crow, and was sold in 2012.

    “There, he applied the same thoughtful approach — prioritizing stability, daily-use tenants, and a sense of familiarity that has served generations of families,” a family statement read. “Rather than chasing short-term trends, Henry believed centers like Preston Royal should reflect and support the surrounding neighborhoods, ensuring they remained places of convenience, connection, and community life.”

    Miller earned his undergraduate degree from SMU and later completed the Advanced Management Development Program at Harvard Graduate School of Design. Over his career, he led ventures including Henry S. Miller Partners/Urban Partners and Henry S. Miller Interests Inc., and he was involved in international projects such as the Loreto Bay Company in Mexico.

    Miller’s grandfather, Henry S. Miller, founded the family real estate firm as a one-man show in 1914 in Dallas. The patriarch’s son, Henry S. Miller Jr., expanded the business significantly and was involved in major retail developments such as Preston Royal and Highland Park Village. Henry S. Miller III led West Village and stewarded a revitalization of Highland Park Village with his father.

    Beyond development, Miller served on the boards of the Child and Family Guidance Foundation, NEXUS Recovery Center, SPCA of Texas, The Family Place, and the Center for Performing Arts. He also mentored emerging real estate professionals through the Harvard Alumni Real Estate Board.

    Miller is survived by his four children, Kathryn Miller Rabey; Henry S. Miller IV and his wife, Lydia; Michael Alexander Miller and his wife, Lindsey; and Alexander Lewis Miller. He is also survived by his sisters, Patsy Miller Donosky and Jacqueline Miller Stewart. His grandchildren include Nicholas, Maximilian, and Olivia Rabey; Henry, Jack, Owen, and Mimi Miller; and Layton Garrett, Miles, and Samuel Miller. He was preceded in death by his brother, Vance C. Miller, his father Henry S. Miller Jr., and his mother Juanita Miller.

    Funeral arrangements have not yet been announced.

    ---

    This story, by Candy's Dirt executive editor Shelby Skrhak, originally appeared on CandysDirt.com and was republished with permission.

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