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Exxon’s XTO Energy to move 1,600 employees to Houston

dallas houston texas relocation XTO california toyota Liberty Mutual, Charles Schwab, NTT Data, Jamba Juice, CoreLogic relocation employee resources

It’s currently a seller’s market when it comes to home buying in North Texas, but the relocation of a Fort Worth company's employees could help balance the market.

Low interest rates, low home inventory, and the high number of people moving to the area contribute to the upside down market.

To secure a home, some buyers are bidding up to $20,000 more than the asking price. In Tarrant County, the low inventory has pushed buyers north of Fort Worth, and into Keller, Southlake and Grand Prairie.

But the relocation of 1,600 employees of XTO Energy in Fort Worth, may help balance out the market. With additional homes hitting the market, buyers may have more options and prices could level out.

Nearly 1,200 XTO employees are expected to leave Fort Worth in the middle of 2018 and another 400 will move in 2020. 1,200 employees will move to Exxon’s Springwoods Village campus in mid-2018, and another 400 will move in 2020. About 350 employees will remain in Fort Worth

If you are relocating to Plano - Frisco – Dallas – Irving with Toyota, Liberty Mutual, Charles Schwab, NTT Data, Jamba Juice, CoreLogic or State Farm, contact us for Free Custom Home Search. Give Our Experienced Realtors Your Search Criteria and Let Them Find The Home That Is Just Right For you. Contact us at 469-269-6541 for free Dallas Relocation Resources. We provide top real estate services backed by experienced REALTORs who have lived in DFW for a long time. Contact us to take advantage of our extensive network – moving across the street or across the nation, we can help. We are perfectly positioned to connect you with the right people to help you move.

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