Fort Worth Real Estate Online

head_left_image

Fort Worth Market - Cowtown Remains Bullish... No Recession Here !

Today's Fort Worth Star Telegram carried a story that very much goes against all the doom and gloom we too often see both in print, and on the "downer" networks of Fox Noise, MSNCB, CNN and CNBC.

The article shared the news of the recent opening of a commercial real estate brokerage office on the second floor of the office building called "The Tower" in downtown Fort Worth.  The very fact that these folks have the nerve... the sheer gumption... to open a new commercial real estate office downtown is awesome news !

Drew Kile, speaking of the new office, exclaimed that "There's no doubt that Tarrant County and Fort Worth, in every headline and statistic you see, is one of the strongest markets, really, anywhere in the country."

Tarrant County, home of Fort Worth, has a multitude of weapons to fight off the fears of recession that have spooked much of the remainder of the country.  The Fort Worth economy is quite diverse... with the military-jet production at Lockheed Martin, the busy shipping and transportation provided by both Burlington Northern Sante Fe and Union Pacific... both of which operate out of Fort Worth.

There is currently much construction under way in Fort Worth... in both commercial and large convention-center hotels.  This, coupled with the one of the regions most powerful economy drivers... the Barnett Shale Natrual Gas find that spreads beneath Metropolitan Fort Worth... providing royalty and bonus checks for many throughout the county... brings great news to formerly nervous folks.   And TCU... Texas Christian University in Fort Worth... has expansion underway, too !

Compared with the rest of the U.S., North Texas income growth is stronger, the jobless rate is lower, and hotel revenue is better.  And through all of this, commercial construction remains strong.

And, Fort Worth is not alone.  Currently every other major metro area in Texas is performing above most of the rest of the metro areas throughout the country.

With Fort Worth being on I-35... coupled with Burlington Northern Sante Fe, Union Pacific, and the Alliance Corridor with Alliance Airport (primarily shipping) and the Texas Motor Speedway continuing to fuel growth, many are finally starting to echo what Fort Worthians have known all along... Fort Worth Rocks !

Comment balloon 12 commentsKaren Anne Stone • February 18 2008 11:35PM

Comments

Karen that is fantastic news!  Thanks for sharing!
Posted by Jim Crawford, Jim Crawford Atlanta Best Listing Agents & REALTOR (Crye-Leike REALTORSĀ®) over 10 years ago
Jim:  You are very welcome.  I think it is so important that we share as much positive news as we can about the happenings in our cities and towns.  We know that good news surely will not be seen on the networks.  I've heard that the market in Atlanta is doing fairly well, too.  That is great !  Thanks for your comment, Jim.  Take care...
Posted by Karen Anne Stone, Fort Worth Real Estate (New Home Hunters of Fort Worth and Tarrant County) over 10 years ago
This is good news. It is good to hear of places that are doing well. Keep it up.
Posted by Bob & Carolin Benjamin, East Phoenix Arizona Homes (Benjamin Realty LLC) over 10 years ago
Thanks Bob and Carolin:  It is so important to share the news with others when good things happen.  As I have said before... if we don't share the good news when it happens, the "doomers and gloomers" on the Networks will rarely mention it.  They are convinced that good news is bad news for ratings.  Dummies !
Posted by Karen Anne Stone, Fort Worth Real Estate (New Home Hunters of Fort Worth and Tarrant County) over 10 years ago
Karen Anne, Great news!  We need to keep getting the good news out there!  No more gloom and doom!
Posted by Roberta LaRocca, REALTORĀ®, Broker, Salesperson, Property Management (Simply Vegas Real Estate) over 10 years ago
Hi Roberta:  I have made this a sort of personal crusade here in Fort Worth.  I am going to do my best to post positive articles to Fort Worth Localism.  We certainly cannot wait for the networks to do it.  Take care...
Posted by Karen Anne Stone, Fort Worth Real Estate (New Home Hunters of Fort Worth and Tarrant County) over 10 years ago
Karen Anne, I love these positive reports; our market here in Houston is not experiencing a recession either.
Posted by Marchel Peterson, Spring TX Real Estate E-Pro (Results Realty) over 10 years ago
Marchel:  I think it is incumbent on us to spread whatever positive news comes our way.  Perhaps we can affect "Consumer Confidence" in a positive way to somehow offset... if even a little bit... the negativity of the Networks.  I am so glad about the Houston market.  Keep up the great work !
Posted by Karen Anne Stone, Fort Worth Real Estate (New Home Hunters of Fort Worth and Tarrant County) over 10 years ago
That is great news for you and Texas.  We too are having some exciting things.. New Health Sciences Center at Texas A and M, continued growth at Blinn College, research development groups, and Homeland Security.  Did you know Texas is the 10th largest economy in the World?
Posted by Trey Thurmond, College Station , Texas Homes (BCR Realtors) over 10 years ago

Fort Worth does ROCK, Karen Anne!  Thanks for spreading our great news!

Posted by Amanda Evans, Real Estate Broker - Fort Worth Texas (DFW Living) over 10 years ago
Hi Trey:  I am glad things are bubbling in such a positive way for you down in College Station.  All of those things you mention are great for your city, and great for Texas, too.  Thanks for sharing.
Posted by Karen Anne Stone, Fort Worth Real Estate (New Home Hunters of Fort Worth and Tarrant County) over 10 years ago
Amanda:  Fort Worth Rocks, and sometimes is Rolls, too.  Speaking of "spreading the news..." I can just see you singing and dancing... singing the New York, New York song... and substituting Fort Worth for New York.  "Start spreadin' the news... ."  You sing, woman !
Posted by Karen Anne Stone, Fort Worth Real Estate (New Home Hunters of Fort Worth and Tarrant County) over 10 years ago

Participate