Massive SELL-OFF In Dallas, Texas | Commercial MELTDOWN

Im a Texan, never lived away from Dallas. My advice to people thinking about coming here is "Dont come, we are full, go somewhere else".

Move to Dallas if you want to add $900 a month to your mortgage because homeowners pay all the taxes here. Move to Dallas if you want to drive 45 minutes to an hour to get anywhere. Move to Dallas if you can afford a $500,000 house for a 40 year old fox and jacobs crap built home in west Plano, and your neighbor paid $240,000 3 years ago.

Dallas Born and Raised here. That abandoned building have been abandoned for years, it use to be Cabana Hotel, then City of Dallas bought it and turned it into a jail, Decker Jailhouse afterwards it was turned into a Halfway house Detention Center and then it was closed. It has been closed since 2010 oh and it housed people from New Orleans due to Hurricane Katrina.

I work in the Grocery retail industry and periodically travel to Dallas for work. The lady that you interviewed is 100% correct. New Dallas is all the retail therapy you can handle and high paying jobs, Those people probably haven't lived there long. Old Dallas is poorer.... Oh and the Drivers in Dallas make Houstonians seem polite on the road.

That statement is 100% true, “They don’t care about you” It defines finance.

Dallas and Houston structurally are very different. From my experience, the zoning laws contribute massively to this aspect!

I went thru 08 and I can tell you there were whole subdivisions the builders just abandoned. I moved into a house for 165k which I sold for 380k last year. That subdivision had 4 houses and they stopped building. Today it has about 50 houses. Sometimes during 08 it was hard to buy a house because its paper was tied up in a packaged mortgage investment held by an investment firm. It was hard to get those companies to release individual house paper. A lot of these would be short sales but if you made an offer you had to add 6 months onto the time to obtain possession because they had to get it out of the bundled package it was in.

🎉🎉🎉 I really am loving this new format with Melody. The microphone 🎤 and interviews are great 👍. I can’t believe that you’re not over 100,K subscribers yet 🤔🤔🤔. But hold on because you will very soon. Tons of love and respect to both of you. Blessings,Carlos ✝️🙏❤️😊🇺🇸

Nice. The land owners (Mostly Investors) that can't sell after listing for 9 plus months, are putting in driveways, and doing crapy build outs on their "Houses" and think they will sell at an even higher price in the near future.

People riding bicycles with helmets - man, you really know you are in a good area now. lol .

300 foreclosures in an entire city???? Thats a "flood of foreclosures" Are you kidding me?

High inventory but unaffordable for the average Dallas native.

DFW resident here. I'm renting for the foreseeable future because sellers are asking way too much for housing. While not ideal, my current place has allowed me to save so much towards a future down payment so I'll be ready to hop in once the market cools. Also, I've noticed some slack in multifamily. Rents are still high compared to pre-pandemic levels, but more apartments have been offering incentives such as waiving admin/application fees, 1+ months free rent or $X off first month's rent. There are deals out there and I expect them to get even better as more multifamily inventory becomes available.

Thank you for this Texas series. I am job hunting right now and this was great to start my research with.

Great boots on the ground video! ❤

do not move to Dallas

That nice neighborhood in Dallas is Highland Park, one of the most expensive and exclusive areas of Dallas. No wonder you liked it.

Great job Travis & Melody! Really learning a lot and seeing the big picture of the Housing Crisis 2.0! Thank you!

How are rent rates the same in almost every market in the entire country?Rents are supposed to match cost of living and wages in each market but they’re not!!!

Highland Park/University Park are worlds apart from downtown Dallas. Always has been, at least in my life time.