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Old 03-30-2018, 11:08 PM
 
1 posts, read 664 times
Reputation: 10

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With the XTO move this summer, I haven't seen much about the impact on the residential real estate market. Right now, homes seem to move relatively quickly.

Have those moves already started? In a December 2017 Star Telegram article, it mentioned that most of the moves will take place over 3 weekends this summer. Are some of these homes are already on the market? Will we see a flood of homes coming on in the next month or two (in addition to the standard spring/summer rush) and what price ranges will be most affected?
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Old 04-04-2018, 11:37 AM
 
Location: Bedford
637 posts, read 897,088 times
Reputation: 844
I haven't heard much about this at all. I would imagine that a lot of the homes have been or already are on the market. As hot as the market in the area is right now, unless the homes are all concentrated in one particular (they aren't), there's enough wiggle room in the inventory to not cause any issues.
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Old 04-08-2018, 07:17 PM
 
32,480 posts, read 50,954,572 times
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You have to also understand that XTO has been downsizing people for while
And the people who work for them live all over
I knew someone who started work there right after they opened up that office and he drove in from Richardson--
He was an attorney, it was a good job for him...
So they don't just live in one neighborhood in FTW
They could be living/moving from any neighborhood and in various price ranges
Some people might be fairly highly paid VPs or managers but some could just be clerical people who will try to stay here because their spouse has a viable job and they will look for other work...
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