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Can a Market Be Too Hot?

Due to DFW’s job growth, more people have relocated here, propelling rents, and the rapid increase in rates has pushed some of the workforce out of the more desirable areas seeking affordability, GlobeSt.com learns in this EXCLUSIVE.

Tom Burns Tom Burns says new supply is coming on line, but at a slower pace than in the past five years.

DALLAS—The Dallas/Fort Worth area has experienced impressive economic growth since the Great Recession. Affordability and job growth have attracted people to the area in that time frame.

According to the US Bureau of Labor Statistics, the DFW MSA ranks second in both rate of job growth and number of jobs added nationally. In Dallas alone, the population has grown more than 10% since 2010.

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Lisa Brown

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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