Fort Worth Market Update
“Among key factors fueling the inventory comeback are new sellers, who are listing homes at a rate not seen since 2019,” says Danielle Hale, realtor.com®’s chief economist. “While this real estate refresh is welcome news in a still-undersupplied market, it has yet to make a dent in home price growth, partially due to increases in newly listed, larger homes and because the typical seller outlook is quite high, likely shaped by recent experiences of homeowners who sold.” Read More
Local Spotlight
Largely Industrial Area of Fort Worth Rebranded as Panther City District — North Texas’ Next Hot Neighborhood?
Fort Worth has been expanding in all directions in recent years. Much of the growth has been brought to older areas of the city that were formerly forgotten. Even warehouse districts butted up next to thriving neighborhoods with easy access to new amenities. A few of these Cinderella stories include Magnolia Avenue, The River District, Crockett Row and the Foundry District .
All these new developments found a following and marketed their new offerings. But first these districts needed a name to define them.
When PaperCity Fort Worth reported the news of Fort Brewery’s new digs and Agency Habitat’s move into a new headquarters, with both companies investing in the up-and-coming strip across White Settlement Road from the Foundry District, my first question was: “So what are they calling this area?”
Now, a new official name has been revealed for the area, which is still largely industrial, automotive and aging Fort Worth ISD real estate. Say hello to Panther City District. It even has its own website already. Embracing the urbanity of this new district’s commercial and industrial nature, Panther City’s website touts: “Welcome to the most industrious neighborhoods in Fort Worth.”