Your Monday marketplace guide

Editor’s Note: Welcome to The Business Report, a new weekly digest of Tarrant County’s essential business news, brought to you by Fort Worth’s largest business reporting staff. Don’t have time to mind your business? You can opt out here and still receive our other newsletters.

In today’s Business Report from the Fort Worth Report:

  • In depth: A focus on real estate

  • Economic indicators for June

  • The Top 5: Rising mortgage rates

  • Number of the Week

  • People on the move

In depth: 🏠 Real estate

Fort Worth’s economic growth is impacting housing affordability

Will Fort Worth be able to retain its reputation as a place for affordable and attainable housing as prices continue to increase? Buyers and economic development officials want to see more diversity in the area’s housing stock.

Why are leaders worried? Affordable and attainable housing can be key to a community’s economic health and attracting new business.

What can be done? City officials want to encourage more diverse housing in developments, but acknowledge that may be difficult. Longer term, different zoning options may help alleviate the issue.

Read the whole story.

The Top 6: Stories of the week

  1. Two months into a pilot program testing Bitcoin miners, the city of Fort Worth is exchanging its machines for a less energy intensive machine. Reporters Seth Bodine and Rachel Behrndt explain why the city returned the machines.

  2. In the latest installment of the Fort Worth Report’s occasional conversation series, business editor Bob Francis speaks with Ben Rosenthal and Ashli of Standard Meat Co. about the acquisition of Syracuse Sausage.

  3. Since January, community members have wondered why TCU and the Health Science Center dissolved their partnership in the school of medicine. Health reporter Alexis Allison reviewed hundreds of pages of documents to help answer that question.

Read our Business section for the rest of what’s happening in Tarrant County.

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📈 Economic indicators

Check the pulse of Fort Worth’s economic health with our complete economic indicators dashboard, covering trends in real estate, growth, innovation and banking. This week’s numbers:

  • ⬆️ Fort Worth issued about 7,000 building permits in just four months.

  • ⬇️ Housing inventory starts to stabilize with 1.1 month of inventory.

  • ⬆️ Median home prices hit a record $367,000, up 24.4% from a year earlier.

On the move

Are you “On the move?” Send us your people updates.

Number of the week

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As always, thanks for reading, and please let us know what you want in your Report.

Bob Francis,
Business editor

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