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Roofing insurance supplements

Why Hire a Company to Help with Roofing Insurance Claims?

Why Hire a Company to Help with Roofing Insurance Supplements in DFW, TX?

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Are you interested in reducing expenses and increasing profits for your expanding roofing business? You can achieve these goals without compromising quality. As a roofer, you understand that every project is critical to your company's financial success. Given the high level of competition in the industry, it's important to seek ways to gain an edge over your competitors continuously.

For many roofing contractors, having a team of insurance restoration consultants to handle tasks like Xactimate writing is the solution they need to gain that edge. Here are just a few of the most common reasons why roofing contractors like you trust IRC Estimates for help with roofing insurance supplements.

Roofing Insurance Claim DFW, TX

Great Xactimate Training is Hard to Find

When insurance adjusters prepare claims, they rely on a software program called Xactimate. This program allows them to input large amounts of data and corresponding codes to generate a claim. However, if an adjuster lacks knowledge about roofing, the generated claim may not be accurate. Adjusters are required to follow their company's standard policies, which means that the information generated for a claim is entirely decided by the insurer.

Unfortunately, this can be bad news for homeowners and roofing contractors who are trying to complete a job. The claim generated by an adjuster may not account for overhead and profit or other contractor expenses. But with Xactimate training from companies like IRC Estimates, you can help ensure your claims are accurate and account for the expenses you need to get your roofing job done right. Contact our office today to learn more about how our team helps roofing contractors with Xactimate training and more.

Help Ensure You're Doing Your Best Work

Without roofing insurance supplements in DFW, TX, it can be easy for an insurance adjuster to miss certain types of damage when they're assessing a roofing job. While an adjuster's job is to estimate the extent of the damage, their estimate is only an approximation. Supplementing a project can help ensure that all issues, damage, and necessary materials are properly calculated, so you can confidently have all the supplies and preparation needed to complete the job to the best of your ability.

The Process of Supplementing Takes Time You Don't Have

Insurance company desk adjusters often find themselves spending a significant amount of time completing monotonous tasks like estimating claims for homeowners who have experienced structural damage and require financial assistance for repairs. These tasks, which can include negotiating, make up the bulk of what they do for their 40-hour work week. They don't have business obligations and client needs to exceed.

Smaller roofing companies, on the other hand, may not have the financial resources to hire a team of adjusters or estimators to help counter insurance claims with supplements. As a result, they either spend time doing the supplements themselves or hire someone with less knowledge or skill to complete the task. This not only negatively impacts their bottom line, but it is also not a cost or time-efficient approach. By relying on a company that specializes in roofing insurance supplement assistance for contractors, you can potentially free up your time and focus more on serving customers.

Office Turnover Hurts

Small roofing contractors who choose to hire office staff to handle supplement preparation and multitasking may face high turnover rates. As previously mentioned, the work can be time-consuming and tedious, causing entry-level employees to tire quickly and seek better opportunities elsewhere. Furthermore, most office staff may lack the proficiency required to operate Xactimate software and may not have on-the-job experience with roofing projects.

Essentially, you may end up with an insurance adjuster on staff. Is that something you really want to consider?

Rejected Roofing Insurance Supplements are Real

One crucial point to note is that inexperienced preparers often overlook important aspects when creating roof supplements. Without adequate knowledge, they may not be able to prepare the supplement accurately and may take a longer time to submit it, which could result in a rejection from the insurance company.

Additionally, untrained office staff may not be able to fully maximize the supplement for a claim and verify its authorization, which can lead to missed opportunities for the business owner to receive the full amount they are entitled to.

Keeping It "In-House" Isn't Always Wise

Are you considering handling roof supplements on your own, or are you open to outsourcing to a skilled team of experts? While it may seem like a wise decision to keep the process in-house in the short term, that may not work for long. Without someone by your side with years of roofing supplement experience, you could be missing as much info as the inexperienced adjuster with whom you're fed up. That's why roofing contractors use companies like IRC Estimates - to ensure they get the materials and compensation they truly deserve to do the best job possible.

FAQs About Roofing Insurance Supplements in DFW, TX

As insurance restoration consultants, IRC Estimates works with a wide range of roofing contractors throughout the year. Some are brand-new at what they do and need help understanding the nuance or work involved with roofing supplements, Xactimate writing, and construction restoration in general. And that's OK - everyone has got to start somewhere.

Whether you're a new roofing contractor feeling lost or you're a seasoned expert looking to brush up on your knowledge, keep reading. Below are just a few of the most frequently asked questions that our roofing insurance supplement consultants handle daily.

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What's the point in supplementing roofing jobs? I'm busy enough as it is.

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This is one of the most asked-about topics that we hear at IRC Estimates. And the answer is simple - to get paid what you should be getting paid on roofing insurance claims jobs. What that means is you get paid the actual cost to do the job that you accepted correctly, such as:

  • Quantity of Materials
  • Installation Best Practices
  • Adhering to Building Code Mandates
  • More

The truth is that insurance companies aren't the enemy, but they sure do make mistakes. It's up to you, as the roofing contractor, to discover and remediate those mistakes - not just for you but for your roofing client. The fact is that your clients hire you because they believe you're an expert at filing and managing roof insurance claims. By supplementing those claims, you're both demonstrating your expertise while providing excellent service and results. If you don't have the time to do so, it's wise to search for professional help with your roofing insurance supplements.

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Is there a set number of roofing jobs that I should supplement?

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The quick answer is that you should review all of your roofing jobs to see if they need to be supplemented. Remember that consistency is key here. By having a clear and standardized process for thorough inspections, it will be easier to determine if your roofing project requires a supplement and easier to file one too.

The best way to achieve this is by giving your sales reps clear guidelines on how all roof inspections should be conducted. Top contractors use inspection checklists and photo checklists to ensure that all damage and necessary materials are properly documented for the job. While this may add an additional 15-30 minutes to the sales reps' current process, it will benefit your roofing business in many ways.

If you're just starting out and need some help on how to optimize this process, contact IRC Estimates today to speak with one of our consultants.

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When is the right time to think about roofing insurance supplements in DFW, TX?

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When it comes to roofing supplements, there are two opportune times to submit them: Pre-Production (before installation) and Post-Production (after installation, but before depreciation is released). The most effective method is to file both Pre-Production and Post-Production supplements for insurance roofing jobs.

For Pre-Production supplements, it's best to write or send them to a supplementing company as soon as the adjuster has provided the full scope of loss. This is because it can take the adjuster and carrier several days to settle these claims, and it's important to avoid scheduling an installation if there are expensive Xactimate line items that haven't been approved yet. Often, when a Pre-Production supplement is approved, the carrier will send an extra ACV check to the homeowner for the additional line items on the revised estimate.

Contractors with effective roof inspection processes tend to have faster turnaround times on Pre-Production supplements and encounter fewer scheduling issues. When they don't have those processes in place, they often use a trusted partner like IRC Estimates, with years of experience managing Xactimate software and roofing issues covered by insurance.

Your Trusted Choice for Roofing Insurance Supplements in DFW, TX

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IRC Estimates offers a comprehensive range of roofing insurance supplement services for roofing contractors, including Xactimate claim writing and management, claims administration, estimates, and consulting services. Our dedication to roofing contractors enables them to streamline their operations and reduce costs by either outsourcing their claims administration entirely or learning how to manage it themselves.

Whatever your goals may be, IRC Estimates is here to help you expedite your services and grow your roofing business, one roofing insurance claim at a time. Contact our office today to learn more about how we can help you maximize every roof claim that comes across your desk by using supplements.

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Latest News in DFW, TX

‘Uptick' of COVID hospitalizations in North Texas reported, says DFW Hospital Council

The Dallas-Fort Worth Hospital Council said it's noticed an 'uptick' in the number of COVID-19 hospitalizations.“We certainly don't want people to panic. We do want people to know there's an uptick in the number of COVID cases, nothing like where we were last year," said Stephen Love, president and CEO of the Dallas-Fort Worth Hospital Council.He said since June there's been a steady increase of patients in North Texas hospitals.Love said on Sept. 1 it was 323 cases compared to June 21, it was at 73.&qu...

The Dallas-Fort Worth Hospital Council said it's noticed an 'uptick' in the number of COVID-19 hospitalizations.

“We certainly don't want people to panic. We do want people to know there's an uptick in the number of COVID cases, nothing like where we were last year," said Stephen Love, president and CEO of the Dallas-Fort Worth Hospital Council.

He said since June there's been a steady increase of patients in North Texas hospitals.

Love said on Sept. 1 it was 323 cases compared to June 21, it was at 73.

"As I'm talking to the infectious disease doctors and I look at some of the reports that come into the state, it's generally the more elderly and people that have some type of underlying health condition that are hospitalized. Now, many people test positive and they test positive at home and they actually get infected with the virus, but they're not sick enough to come to the hospital, which is good," said Love.

Compared to August of 2022, when there were 800 COVID-19 hospitalizations in DFW hospitals, these recent numbers are far less, but health workers still want people to be vigilant.

"Anytime you've got an infectious disease, you've got to be cautious, and we know flu season's coming, and as you look at the new vaccine for COVID coming out that we hope people will receive, you certainly want to get your flu vaccine and there is now an RSV vaccine," Love said.

With school back in session and people returning from summer travel, there's been a noticeable increase in COVID-19 cases.

"We see the trend going up, this coincides with the national trends," said Christian Grisales, a spokesperson for Dallas County Health and Human Services.

He said it's a good time for people to be proactive as flu and RSV season begins as well.

"Every precaution you can take to prevent getting sick and ending up in the hospital, that's what we must do," said Grisales.

He said vaccines are believed to be helping keep people out of the hospital because even though they may get infected, they're not getting sick enough to be admitted.

The Centers for Disease Control and Prevention have said a new COVID-19 vaccine is expected to be available around the end of the month, which is expected to target different strains of the virus.

"When I talk to the infectious disease doctors, they point to a couple of things. One, some of the vaccines are beginning to wane, if you will, a little bit because these are new variants, these are all cousins of Omicron, which you get XB B XB B 1.5 XB B 1.6, and so this new vaccine that's coming out, and hopefully in the next three to four weeks is going to help and have some type of immunity against those variants," said Love.

He said as of last check with state and local health officials, the newest strain of COVID-19, 'Pirola', has not yet been detected in Texas.

How DFW Airport brought soaring growth to the once rural heart of North Texas

Editor’s note: This is part of a series of stories marking 50 years of DFW International Airport, previously known as Dallas-Fort Worth Regional Airport, which landed its first ceremonial flight in September 1973 and welcomed its first commercial passengers in January 1974, turning Dallas-Fort Worth into a major aviation hub and sparking an economic surge.When plans were announced in the late 1960s for North Texas’ ne...

Editor’s note: This is part of a series of stories marking 50 years of DFW International Airport, previously known as Dallas-Fort Worth Regional Airport, which landed its first ceremonial flight in September 1973 and welcomed its first commercial passengers in January 1974, turning Dallas-Fort Worth into a major aviation hub and sparking an economic surge.

When plans were announced in the late 1960s for North Texas’ new regional airport, critics of the project complained it was being built in the middle of nowhere.

Fifty years after DFW International Airport debuted, the huge air hub is in the middle of everything.

To construct the new regional airport, Dallas and Fort Worth bought up more than 15,000 acres of rural land along the county line — much of it in the towns of Grapevine and Irving.

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In the last five decades, the suburbs that surround the airport have seen some of the fastest growth in the region thanks in great part to DFW Airport.

Read more about DFW @ 50

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When American Airlines left New York City for Dallas-Fort Worth, it laid the groundwork for aviation history in North Texas.

Toys R Us store surprising travelers at DFW Airport

More stores are coming from a series of partnerships including one with Austin-based Go! Retail Group.

“We were a small rural farming community when the airport started development,” said Grapevine mayor William D. Tate, whom voters put into the city’s top elected post just as the airport opened. “We had about 7,000 residents. It certainly changed us.”

Today, Grapevine is one of the region’s most popular shopping and entertainment centers with growing retail, convention hotels and regular events in its historic downtown. With a population of more than 51,000, the city is also attracting new businesses that want to be close to the airport.

“We’ve had success but it hasn’t been easy,” Tate said.

Grapevine gave up thousands of acres for construction of the airport — property that it generates no tax revenue from, he said.

“If we had that 8,000 acres back on the tax rolls and us being in the center of the Metroplex, we would have probably been a much different city — probably more like Frisco,” Tate said.

Most of the city’s raw land that isn’t part of the airport grounds is gone, he said.

“We have just a few hundred acres outside the airport that are undeveloped,” Tate said.

Having DFW Airport as its next-door neighbor has helped Grapevine’s retail and hospitality industries.

“People can come in on an airplane now and if they have a layover, they can get on TexRail and come to Grapevine and enjoy our restaurants and amenities and get back on the train in the morning and catch their flight,” Tate said.

It’s no coincidence that DFW Airport and Irving’s Las Colinas are both celebrating their 50th anniversary this year.

The airport and the huge real estate development have been tied together from the start. On Sept. 14, 1973, Dallas businessman Ben Carpenter announced plans for Las Colinas. Six days later, DFW Airport was formally dedicated.

“Without a doubt, Las Colinas is a lot of what it is today with the access to the airport,” said Tim Glass of the Las Colinas Association. “The ability of the companies to have a great location next to one of the biggest airports in the country is absolutely fundamental to Las Colinas.”

Today, Las Colinas is home to about 7,500 businesses that employ more than 150,000 people. That’s a bigger employment total than downtown Dallas.

The project is home to the biggest Texas concentration of Fortune 500 companies, including Fluor, Kimberly-Clark, Pioneer Natural Resources and McKesson.

Las Colinas Association estimates the value of all the real estate developed in the project in the last 50 years totals about $13 billion.

“I don’t think it would have happened without that airport being there,” Glass said. “The growth was certainly accelerated by DFW Airport. Even from the earliest of days, Las Colinas has attracted companies that operate nationally and internationally.”

After growing to almost 12,000 acres, Las Colinas is now all but completed with only a few hundred acres of raw land left to build on.

Glass said he expects redevelopment of lower-density building sites to be the next construction wave for Las Colinas. Developers recently tore down the first office building constructed in Las Colinas — an 18-acre campus off Carpenter Freeway built for Allstate Insurance.

Like Grapevine and Irving, Southlake has seen huge growth since the construction of DFW Airport. The Tarrant County town was home to only about 2,000 people before the airport opened.

Back then, most of Southlake’s residents lived in semi-rural homes and estates.

“Southlake was not much to talk about at all,” said Southlake Chamber of Commerce CEO Mark Guilbert. “It certainly has changed in the last 30 to 40 years.

“There’s no doubt the airport has been a significant economic driver for us,” Guilbert said. “The convenience of the transportation it brings and the employment opportunities have just been tremendous.”

Since the airport opened, Southlake’s population has grown to more than 32,000.

The city has seen significant retail and office construction along with affluent housing. Southlake has a median home value of more than $1 million.

The popular Southlake Town Square brings in shoppers from the surrounding region.

“The proximity to the airport has brought tremendous opportunity to this area,” Guilbert said.

He said the city is nearly fully developed.

“Full building out is only about 33,000 to 35,000 so we are getting close,” Guilbert said. “Down the State Highway 114 corridor there is still some space for building.

“But once you get past some of those key parcels, it’s going to be just filling in nooks and crannies.”

PHOTOS: North Texas watches 'Ring of Fire' annular eclipse

DALLAS — A "Ring of Fire" annular solar eclipse crossed the United States and other parts of the world on Saturday morning.An annular eclipse is when the moon passes between the Earth and sun and is at or near its farthest point of orbit from Earth.It happened on Saturday, Oct. 14, and Texas was included in the path. The 100% coverage path across Texas included Midland-Odessa, San Antonio and Corpus Christi.The DFW a...

DALLAS — A "Ring of Fire" annular solar eclipse crossed the United States and other parts of the world on Saturday morning.

An annular eclipse is when the moon passes between the Earth and sun and is at or near its farthest point of orbit from Earth.

It happened on Saturday, Oct. 14, and Texas was included in the path. The 100% coverage path across Texas included Midland-Odessa, San Antonio and Corpus Christi.

The DFW area got between 80% and 85% viewing coverage.

Watch 'Ring of Fire' annular eclipse in Texas here:

Where can I watch the solar eclipse in DFW?

Here was a list of watch parties throughout the metroplex:

    What is a 'Ring of Fire' annular solar eclipse?

    During a "Ring of Fire" annular eclipse, the moon is at its orbit farthest from Earth. Because it’s farther than it is during a total solar eclipse, it doesn’t cover the entire sun, leaving what appears to be a ring of the sun visible for those who are in the path. That's where the "Ring of Fire" eclipse got its name.

    Best spots to watch the 'Ring of Fire' annular eclipse

    If you're up for a road trip, Space.com lists New Braunfels as one of the Top 7 spots to see it in the southwestern United States. The website specifically mentions a cluster of superstores at I-35 and Highway 46.

    Here are other locations across Texas and times in the path of the eclipse

    If you don't want to go outside to see it, NASA is streaming the annular eclipse. Here's where you can access their live stream, which begins at 10:30 a.m. Central Time on October 14 and goes through 12:15 p.m. Central Time.

    How to protect your eyes during an eclipse

    It's not safe to look directly at an eclipse. If you do, you could cause instant damage to your eyes. That goes for cameras, telescopes or binoculars without special-purpose solar filters, too.

    Regular sunglasses are not protection either. You need to use special social viewing glasses or a safe handheld viewer. And make sure the lense is not damaged or scratched.

    If you don't have special eclipse glasses, you can use an indirect viewing method, like a pinhole projector which has a small opening that can project an image of the sun onto a surface.

    Here's guidance from NASA on safe solar eclipse viewing.

    When is the next eclipse?

    A total solar eclipse will happen on April 8, 2024, and will also travel over several states, including Texas. In fact, the path of April's eclipse crosses the path of this year's October eclipse in Texas.

    More Texas headlines:

    Despite strong economy, Texas cities grapple with excess office space

    Sign up for The Brief, The Texas Tribune’s daily newsletter that keeps readers up to speed on the most essential Texas news.Texas office workers are ...

    Sign up for The Brief, The Texas Tribune’s daily newsletter that keeps readers up to speed on the most essential Texas news.

    Texas office workers are back in person more than their counterparts across the country — but a lot of the state’s urban office space is still sitting empty.

    The Austin, Dallas-Fort Worth and Houston areas have office vacancy rates that range from 21% to 25%, vacancies that could complicate the post-pandemic recoveries of downtown areas, which depend on office workers to support restaurants and retail businesses. But whether the glut of space at a time when developers are continuing to construct more office buildings foreshadows a brewing economic storm remains to be seen.

    “Is it soft? Yes. Is it a challenge? Yes. Is there a crash coming? I would not say that that’s the situation we are in,” said Julie Whelan, who heads a research team that studies trends in commercial real estate for the firm CBRE Group.

    Austin's office vacancy rate has grown more than 11 percentage points since 2019. The rate in other metro areas in Texas have grown by just under 5 percentage points.

    Austin

    Houston

    Dallas-Fort Worth

    Note: This chart reflects vacancy rates in the third quarter of 2019 and 2023. Source: CBRE Credit: Victoria Stavish

    Texas’ relatively strong economy, growing labor force and high number of workers returning to the office has buoyed hopes that the office market isn’t facing dire straits.

    Still, some real estate and office market analysts worry about what are called “shadow vacancies.” Even as employees spend more time in the office, they’re not there as often — or in such high numbers — as they were before the pandemic. That means office space that looks occupied on paper could be sitting relatively vacant — and that companies won’t renew their leases, bumping up vacancy rates.

    “The return to the heyday where everybody was in the office four or five days a week, that's just not happening ever again,” said Steven Pedigo, director of the University of Texas at Austin’s LBJ Urban Lab, which focuses on urban policy.

    Fewer than 6% of Texas employees worked from home before COVID-19 hit, according to the U.S. Census Bureau. Last year, remote employees accounted for more than 15% of the state’s workforce — a percentage that’s even higher in the state’s urban areas.

    Every metro area in the state saw a significant increase in the number of remote workers between 2019-22.

    Austin-Round Rock-Georgetown

    Houston-The Woodlands-Sugar Land

    Dallas-Fort Worth-Arlington

    Source: U.S. Census Bureau Credit: Victoria Stavish

    The Austin area has a greater share of remote workers than other Texas metros thanks to its tech sector. That 28% figure has fallen only slightly even as its workers return to the office at higher rates than elsewhere in the country.

    Before the pandemic, the Austin area’s office vacancy rate sat below 10%, according to CBRE. At the end of the third quarter this year, that rate was nearly 22%.

    Some of that vacancy comes from some major employers scaling back their office plans. Some 11% of the Austin central business district’s 15 million square feet of office space is available to “sublease” — a result, real estate analysts say, of employers pulling back on how much office space they need.

    Meta, the parent company of Facebook and Instagram, had planned to move into 589,000 square feet of offices in downtown Austin. Instead, it nixed those plans and will lease the space to other tenants — along with 100,000 square feet elsewhere in downtown the company planned to occupy.

    “What’s happening is that companies just realize, ‘Hey, now that we’re measuring utilization (of office space), we don’t need all the space,’” said Phil Mobley, national director of office analytics at CoStar, a company that tracks commercial real estate. “So they're taking the opportunity, when leases expire, to reduce their space and they're placing a lot of space on the sublet market.”

    In Austin, more than 5 million square feet of office space is under construction, nearly half of it downtown. Much of it was planned when builders wagered, given the city’s strong economic pull, that demand for new space would be there when those buildings eventually open.

    “The environment in which those buildings are going to be delivered into looks different than the environment in which they were initially begun,” Mobley said.

    Less than a quarter of the space under construction has leased to tenants, according to a recent report from Cushman & Wakefield.

    Austin is “having the perfect storm of falling demand with rising supply,” Mobley said.

    In Dallas-Fort Worth and Houston, the rise of remote work exacerbated already-high vacancy rates brought on by overbuilding in the ‘80s and ‘90s that still casts a shadow on the current office market.

    “Dallas, like many Texas cities, built beautiful, high-rise, shiny buildings that were enormous,” said Jennifer Scripps, who leads the economic development group Downtown Dallas Inc. “They weren't full when they opened and they never filled up.”

    A key driver of the current vacancies: Employers are trying to lure their workforce back to the office by leaving their old spaces to set up shop in sleeker, more modern digs. It’s a trend office market observers call “flight to quality.”

    In Dallas, Bank of America plans to swap its space in the most prominent tower on the downtown skyline for a newer building just outside the central business district. There, it will join JP Morgan Chase, which made a similar move in 2021.

    In downtown Houston, NRG Energy plans to move its headquarters in 2026 to a recently renovated skyscraper billed as an “urban, mixed-use office campus” that has a luxury gym and access to the downtown tunnel system.

    But that “flight to quality” has left older, less attractive space unoccupied. More than a quarter of Houston’s downtown office space is sitting empty, according to CBRE. Roughly half of that vacant space is basically “unmarketable” because it’s so out-of-date, said Kris Larson, president and CEO of Central Houston Inc.

    Newer buildings or those that have recently undergone renovations “are performing much better than the older building stock, which is losing a lot of its tenants to these basically newer [additions] to the marketplace,” Larson said.

    High office vacancies in other parts of the country like New York and San Francisco have spurred fears of an urban “doom loop.” That’s a term used to describe economic downturns in which offices shuttering lead to closures of nearby businesses like restaurants and shops that rely on traffic from office workers. That many closures can lead to blight, lower property tax revenues and declining city services as a result.

    Houston City Controller Chris Brown said office vacancies alone — if they persist — could lead to lower commercial property values, which in turn could hurt the budgets of cities and school districts that heavily rely on property taxes.

    “Those are huge assets,” Brown said of downtown office buildings. “So how do we project our tax base growth? We have to be more conservative about our assumptions. But you never know what could happen.”

    Some Texans are bullish that the state’s major urban areas are safe from any kind of “doom loop.” For one, the state’s economy is booming and its population growth is strong. Its workers are already back in the office in higher numbers than in other major cities. The number of people living in Texas downtowns have surpassed pre-pandemic levels, according to a report from the Center City District in Philadelphia. Tourists also have returned to downtowns even if workers still lag behind, the report found.

    Still, the glut of empty office space poses a major challenge. And that’s true across the globe. In nine major cities including Houston, demand for office space could be as much as 20% lower in 2030 than it was in 2019, according to a recent report from consulting firm McKinsey & Company.

    If demand for office space ever returns to pre-pandemic levels, it could take decades, the report found. In the meantime, falling demand stands to wipe out $800 billion in property values in those nine international cities, McKinsey found — posing a major challenge for local governments’ property tax collections.

    And owners of office buildings with lots of vacancy have few options to turn things around, said Harold Hunt, a research economist who studies commercial real estate at the Texas Real Estate Research Center at Texas A&M University. They can keep the building as-is and deal with diminishing returns or upgrade it in order to compete with glitzier office properties, Hunt said. Owners can also sell the building or demolish it.

    Building owners can also convert their empty office space to residential housing, Hunt said, an idea that’s gained a lot of attention as the nation faces a glut of vacant offices and shortage of housing, Hunt said. But not every office building is a suitable conversion candidate.

    “What do you do with a million and a half square feet if nobody wants it anymore?” Hunt said. “Everybody just sort of scratches their head.”

    Disclosure: Bank of America, Facebook, NRG Energy, Texas A&M University and University of Texas at Austin have been financial supporters of The Texas Tribune, a nonprofit, nonpartisan news organization that is funded in part by donations from members, foundations and corporate sponsors. Financial supporters play no role in the Tribune's journalism. Find a complete list of them here.

    Three Dallas-Fort Worth universities crack Top 10 in U.S. News ‘Best Colleges in Texas' list

    Three esteemed universities in the Dallas-Fort Worth vicinity have been rated as top performers among Texas's higher education institutions.The U.S. News and World Report recently published its 2024 Best Colleges in Texas undergraduate rankings, which scrutinizes several measures, such as academic quality, graduate indebtedness, and...

    Three esteemed universities in the Dallas-Fort Worth vicinity have been rated as top performers among Texas's higher education institutions.

    The U.S. News and World Report recently published its 2024 Best Colleges in Texas undergraduate rankings, which scrutinizes several measures, such as academic quality, graduate indebtedness, and retention rates, among thousands of colleges.

    Among the 87 public and private options considered, Southern Methodist University (SMU) in Dallas is ranked #4 overall, following Rice University in Houston, the University of Texas at Austin, and Texas A&M University in College Station.

    SMU shares its national rank of #89 with Temple University in Philadelphia, Fordham University in New York, and the University of South Florida in Tampa.

    Texas Christian University (TCU) trails behind SMU with a #6 ranking. TCU is among several other colleges with a national rank of #98, including the University of Oregon, Rutgers University-Camden, and the University of San Diego.

    The University of Texas at Dallas (UT Dallas) takes the #7 spot, tying with other universities nationwide with a #115 ranking.

    As expected, the University of Texas at Austin remains the top-ranking public college in Texas and climbed to #9 nationally among public institutions. The four-year university also jumped six spots from #38 to #32 among public and private universities.

    “UT’s continued upward rankings trajectory is a reflection of the exceptional talent we continue to attract; our commitment to unmatched academic, research, and campus experiences that are life-changing and affordable; and the opportunities that exist in Austin as an innovation and cultural hub,” said President Jay Hartzell said in a released statement Monday.

    “Many of our top-ranked programs in computer science, artificial intelligence, engineering, design, business, and psychology are major contributors to the U.S. economy and position our graduates for tremendous career opportunities, where they can have significant impact and change the world.”

    The full report and rankings can be read here.

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