Banking on the Fed: What December’s Interest Rate Hike Means for Texas

BY BRANDI SMITH
info@rednews.com

For the first time since June 2006, the Federal Reserve board voted to raise its key rate by a quarter-point to a range of .25 percent to .5 percent. The announcement made on Dec. 16 is something the Fed has hinted at since March, causing months of speculation about the impact of an increase.

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The $5 Billion Mile: How Frisco Is Leading the North Texas Development Boom

BY BRANDI SMITH
info@rednews.com

 No matter the sector, no matter the area, no matter the price tag, North Texas’ commercial real estate market is booming in a way we haven’t seen in a generation. The combination of nearly exponential population growth and near-record job numbers is pushing development all around Dallas-Fort Worth area.

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