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Dallas
Homes For Sale
Dallas, TX Area Realty |
Dallas is the third largest city in the
state of Texas and the ninth-largest in the United States.
With a 2009 estimated population of approximately 1.3 million, the city
is the main economic center of the 12-county Dallas–Fort
Worth–Arlington metropolitan area that according to the March 2009 U.S.
Census Bureau release, had a population of 6,300,066 as of July 2008,
making it the number one metropolitan area in population growth in the
nation last year. It is also the center of the largest metro area in
Texas.
Dallas is rated as a beta world city by the Loughborough University
Globalization and World Cities Study Group & Network.
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Dallas, TX Economy
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Dallas is currently the third most popular
destination
for business travel in the United States, and the Dallas Convention
Center is one of the largest and busiest convention centers in the
country, at over 1,000,000 square feet (93,000 m2), and the world's
single-largest column-free exhibit hall.
The Dallas-Fort Worth Metroplex as a whole has one of the largest
concentration of corporate headquarters in the United States. The city
of Dallas has 12 Fortune 500 companies, the 3rd most in the United
States while DFW as a whole has 25. New additions to the list include
AT&T, which announced plans in June 2008 to relocate its corporate
headquarters to Downtown Dallas from San Antonio, and Comerica Bank,
which relocated in 2007 from Detroit. Irving is home to four Fortune
500 companies of its own, including ExxonMobil, the most profitable
company in the world and the second largest by revenue, Kimberly-Clark,
and Commercial Metals.
In addition to its large number of businesses, Dallas has more shopping
centers per capita than any other city in the United States and is also
home to the second shopping center ever built in the United States,
Highland Park Village, which opened in 1931. Dallas is home of the two
other major malls in North Texas, the Dallas Galleria and NorthPark
Center, which is the 2nd largest mall in Texas. Both malls feature
high-end stores and are major tourist draws for the region.
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| Dallas, TX
Real Estate |
In the 1980s, Dallas was a real estate
hotbed, with
the metropolitan population skyrocketing and the concurrent demand for
housing and jobs. Several of Downtown Dallas's largest buildings are
the fruit of this boom, but over-speculation and the savings and loan
crisis prevented any further additions to Dallas' skyline. Between the
late 1980s and the early 2000s, central Dallas went through a slow
period of growth and has only recently bounced back. This time, the
real estate market in the Dallas-Fort Worth Metroplex has proven to be
much more resilient than those of most other parts of the United States.
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