Opendoor’s first-ever Financial Wellness Study looks at how people are tackling their finances and homeownership, along with the stress it can cause. | Photo provided by Opendoor
Financial wellness and homeownership are two sides of the same coin. A recent study from Opendoor found that 56% of current + prospective homeowners think about their finances for at least 30 minutes every day. (We feel that. 💸)
Homeownership is a major milestone of financial security that many aspire to — but it can be just as stressful financially as other ultimate goals like saving for retirement and saving for a child’s education.
37% of prospective homebuyers believe that homeownership will improve their quality of life.
More than 78% are considering buying their first home in the next five years.
53% want to buy within the next two years.
If you’re a part of these percentages, join us as we take a look at how Fort Worthians are tackling their finances + homeownership and how it affects their stress levels. (Read: You’re not alone if you’re sweating over down payments.)
FTW real estate stressors by the numbers
Money is top of mind. Texas residents are among the least confident in their financial security with nearly two in three stating they do not (or sometimes do not) feel secure financially.
Pro tip: Opendoor recently announced a financing app that enables consumers to get a mortgage pre-approval in less than two minutes — and it’s currently available to TX customers.
Financing is the top stressor for Texas homebuyers. When it comes to buying, 51% of Texans wrestle with understanding the mortgage/lending process (compared to 38% nationally).
One thing to note: Texans are paying off their debtbefore making their next milestone purchase. While more Texans are troubled by paying off college loans (35% vs. 28% nationally) than the stress of saving for retirement (69% vs. 77% nationally), the recently-announced Student Debt Relief Plan may relieve some of this stress and help Texans make milestone purchases (like buying their first home).*
A Fête with Chef Jenny Castor | Tue., Oct. 25 | 6-8 p.m. | Sugarboo & Co., 5270 Monahans Ave., Fort Worth | $125 | Learn to infuse whimsical elegance in your tablescape and become the ultimate holiday host.
Broadview Yoga | Tue., Oct. 25 | 9-10 a.m. | Fort Worth Nature Center & Refuge - Broadview Park, 9601 Fossil Ridge Rd., Fort Worth | $5 | Enjoy a relaxing introductory yoga session with downtown views.
Post Malone: Twelve Carat Tour | Wed., Oct. 26 | 8 p.m. | Dickies Arena, 1911 Montgomery St, Fort Worth | $100+ | Grapevine native Post Malon is bringing guest Roddy Ricch along for his “Twelve Carat Tour.”
Kodachrome by Adam Szymkowicz | Thu., Oct. 27 - Sat., Nov. 19 | 7:30-9:30 p.m. | Circle Theatre, 230 W. Fourth St., Fort Worth | $20.00 - $40.00 | A play about love, nostalgia, the seasons, and how we learn to say goodbye.
Preschool Story Time | Fri., Oct. 28 | 10:30-11:15 a.m. | Fort Worth Public Library - Ridglea, 3628 Bernie Anderson Ave., Fort Worth | Free | Encourage a love for reading with your preschooler.
Kyle Park | Sat., Oct. 29 | 10 p.m. | Billy Bob’s Texas, 2520 Rodeo Plaza, Fort Worth | $34+ | Experience a night of country music from the Leander-based artist.
We have amonthly guide filled with events + activities you can plan for in advance. Click the button below to bookmark ideas for upcoming date nights, family outings, and time with friends.
The 701 — a mixed-use development in the Near Southside — officially opened last week. The 68,000-sqft development includes retail and restaurant space, a pedestrian plaza, a parking garage, and a three-story office building. 🏢 (PaperCity Fort Worth)
Dalton’s Best Maid Products Inc. donated .674 acres of land paving the way for a new park in the Ash Crescent neighborhood. Smiley Park will be at South Riverside Drive and East Maddox Avenue. It will feature crawling mounds, objects for climbing and swinging + an open-air gym. 🌳
Construction is starting today on Trinity Metro’s Pedestrian Safety Enhancements Project at Central Station downtown. The project includes installing LED flashing lights in the pavement and pouring new concrete for sidewalks. Work will wrap up Fri., Nov. 25. TEXRail and bus routes will not be impacted. 🚉
Chef Marcus Paslay plans to open his fourth Fort Worth restaurant at The 701. Walloon’s will feature a raw oyster bar and American grill classics like sandwiches and salads. It will open summer of 2023 inside the old bank building at 701 W. Magnolia Ave. 🍽️ (The Dallas Morning News)
The Fort Worth Botanic Garden is rolling out the first-ever marigold carpet in honor of Día de Los Muertos. On Sat., Oct. 29 from 1-5 p.m., guests can view the marigold altar in the Rose Garden. Learn more about Día de Los Muertos and how you can celebrate locally. 🌼
Panther Island Pavilion’s Justice Run is happening this Sat., Oct. 29. The race aims to bring awareness to human trafficking and raise money for the building of The Justice Residences. Following the races, participants can enjoy live music, food, vendors, and kid-friendly fun. Register now. 👟
Texas Health Resources named the winners of its bra art contest in honor of Breast Cancer Awareness Month. View photos of the winning submissions + check out the display through Fri., Oct. 28 in the main lobby of the Richardson Tower at Texas Health Harris Methodist Hospital. 🎗️
Did you know you can support FTWtoday through our retail store? We’re celebrating Fort Worth’s unique landmarks and history with our online shop. Show off your Fort Worth pride with stickers, hoodies, mugs, and more. No need to wait. Start shopping.
Opendoor + Zillow are joining forces. The new multi-year partnership will allow Zillow sellers to request an Opendoor offer. Customers will be able to use Zillow’s service as a standalone offering or package it with other Zillow home shopping services (read: financing, closing or agent selection). 🏡 *
Here’s a friendly reminder that we’re less than a week out from Halloween. Have you bought your costume yet? What about the candy? And if you wanna be the coolest parent or grandparent on the block — while increasing your trick-or-treater’s nighttime visibility — grab this affordable 100-pack of glow sticks.*
Content marked with an * is brought to you by our advertising partners and helps make this newsletter free.
Renovations on the theater are expected to wrap up in spring 2024. | Photo courtesy of Bennett Partners
The Fort Worth Museum of Science and History is planning a $20 million renovation to the Omni Theater. The theater — which shows educational and popular films — closed in 2020 because of the pandemic and anticipated updates. According to its website, the Omni will reopen “bigger and better than ever.”
At last week’s city council meeting, interim vice president Orlando Carvalho talked about modernizing the building infrastructure with an updated HVAC, electrical, and mechanical + getting a new roof. Other significant changes include:
ADA enhancements to the theater and lobby
Extend the outside entrance to eliminate congestion
Install 300 new and bigger theater seats
Improve the safety of the stairs (width, height, and handrails)
Add a stage to enable educational events
New LED 8k Flat Panel digital display
Repurposing the old IMAX equipment as a permanent exhibit in the Pre-Show Foyer
The new LED equipment will be the first LED Digital Dome of its size in North America. The theater is expected to reopen in the spring of 2024. The project architect is Fort Worth-based Bennett Partners, and the construction contractor is Byrne Construction.