San Francisco
Renters in Dallas, Fort Worth, and Arlington don’t earn enough money that’s required to buy a starter home in their market, according to a Point2 study.
In its most-glam city study, Austin-based LawnStarter ranked San Francisco ranks first, Houston 11th, and Dallas 15th.
In fact, if this San Francisco mega mansion sells for anywhere close to asking price–$46 million–it will be one of the priciest sales ever in the Bay Area.
ZeroDown and Divvy, two San Francisco-based startups that facilitate lease-to-own programs, have expanded into the Dallas market since the start of the year. These digital real-estate companies are not reinventing the wheel. ThinkTrio operates a similar online model in Texas. Traditional real-estate firms have lease-to-own programs. But ZeroDown and Divvy are the latest business models…
Being No. 1 isn’t always a good thing. Arlington ranked first among the nation’s 50 largest cities with renters having the lowest average credit scores, according to a RENTCafé analysis. Arlington averaged a 580 score across four demographics. In comparison, San Francisco was tops with a 719. It wasn’t just an Arlington issue. Dallas averaged…