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Dallas-Fort Worth, other Texas cities top list for most-changed metro areas

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Notice anything different?

In the Dallas-Fort Worth area things such as the crime rate and home prices have changed dramatically over the past decade, land the area near the top in a recent survey conducted by MagnifyMoney, a subsidiary of LendingTree that provides information, tools and resources to help consumers make informed financial decisions. MagnifyMoney , analyzed the 50 largest U.S. metro areas using nine elements of data to measure and identify areas of growth, decline and inactivity. The study looked at factors such as home prices, crime rates, building permits, commute times and employment.

Texas was a big player on the list with the Dallas-Fort Worth area landing at No. 2, right behind Austin, but above Houston which came in No. 3. San Antonio was No. 8.

Dallas-Fort Worth is in the top 10 for five of the change categories: employment, recent moves, building permits, house prices and crime rate. Dallas – Fort Worth’s crime rate is down 43 percent from 2006, so that’s a good thing.

Austin may be keeping it weird, but it’s also changing – a lot. The state capitol had the fastest job growth in the nation (+40 percent since 2006), 60 percent of residents moving since 2010 and a 54 percent rise in house prices since 2006, the most of the 50 metros ranked.

Houston rounds out the trio of big Texas cities at the top of the change list, led by housing factors. The city ranks No. 2 for house price appreciation, at 38 percent from 2006, and No. 3 for building permit expansion.

Tired of change? Head to Birmingham, Milwaukee or New Orleans. They were the bottom three cities that have changed the least in 10 years.

For more information:

www.magnifymoney.com/blog/featured/which-cities-have-changed-the-most/

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