Like most Lone Star state housing markets, Fort Worth's home prices remained fairly stable during the boom and bust years.
Two big factors helped keep the market from imploding: home building was cheap and the local economy strong. Wide open spaces and lax regulations helped keep land cheap and building costs low. While the Dallas/Fort Worth International Airport kept a steady supply of jobs and buyers coming to the area.
But now, as even more employers move into the metro area, there has been a surge in buyer demand -- and home prices.
Amazon (Fortune 500) is building a distribution warehouse in Alliance, just North of the city, that will employ 1,000 workers. , Wal-Mart (Fortune 500) and Motorola are also planning new facilities there, according to the Fort Worth Chamber of Commerce. ,
"A lot of companies are relocating here," said Tommy Dyer, an agent with Coldwell Banker Residential Brokerage.
CoreLogic Case-Shiller forecasts that home prices will climb 8.9% in the Fort Worth metro area for the 12 months through September.
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