You heard correctly! Million-dollar home sales are booming in North Texas.
Almost 1,400 million-dollar houses have been sold in the North Texas Metroplex. That is a 10 percent growth in million-dollar home sales in the past nine months. That is impressive given the statistical history of homes prices in the million dollar range. However, preowned home sales are unchanged from where they were a year ago. The percentage of local properties fit for a millionaire is still low by national standards, but more are selling in DFW than ever before!
In Business News…Charles Schwab is coming to Westlake.
The financial services giant is working on plans to more than double its regional headquarters in Westlake. The San Francisco-based firm broke ground last year on the first, $100 million phase of the 70-acre office campus near State Highways 114 and 170. The initial half-million-square-foot office complex is expected to house 2,600 Schwab workers after it opens early next year. Schwab recently filed plans with the town of Westlake for a second, 617,000-square-foot phase of the development that will add two more office buildings. That would make the new Schwab campus one of the largest employers in the area north of Fort Worth.
Who loves Pizza? I think MOST of us do!
Blaze Pizza is set to saturate the DFW market by opening 20 additional pizza outposts over the next several years. Blaze Pizza is backed by NBA star, Lebron James. The chain already operates four locations in Frisco, Arlington, Fort Worth and The Colony. It is pushing to operate 1,000 restaurants in at least six countries. Currently they have nearly 300 in five countries. Their goal is to become a billion-dollar company by 2022. In addition to Lebron James, several other star-powered investors are involved in the brand including Maria Shriver and Boston Red Sox chairman, Tom Werner.
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