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The Texas Economy is consistently rated among the strongest in the nation |
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Texas is booming... even in the middle of a recession! That's why we selected it for investment beginning in early 2008. A classic case of being at the right place at the right time! We bought two homes south of Austin, one in San Marcos and one in Las Brisas, both offering incomparable lifestyle at a highly affordable price. We also purchased a commercial building in Austin near the airport, complete with a long term triple net lease. We are confident we are very well positioned for the next decade.
Here's a series of articles published from various sources about the strength of the Texas Economy:
Texas reclaims the top spot from last year's winner, Virginia, which slips to No. 2. Texas was last on top in 2008, as measured on 40 different metrics in ten key categories of competitiveness.
What the rest of the country can learn from Texas. According to the Weekly Standard, in May 2010 alone, Texas, the nation's second most populous state, added 75,000 jobs, more than the other four most populous states combined!
Texas cities were prominent in a new listing done by Forbes.com on the best cities for young professionals. Houston ranked first with Dallas ranking sixth and Austin not far behind, ranking tenth.
After 16 months of job losses, the state's annual employment growth rate turned positive and posted an annual employment growth rate of 0.2 percent for the period from May 2009 to May 2010.
In a report recently published by Newgeography.com, for the second year in a row, Texas' five major metropolitan areas nailed down half the top 10 spots in an annual ranking of the best cities to find a job.
Some analysts are saying Austin, Texas, may be a national leader in economic recovery. CNN's Tom Foreman shows viewers why.
The Austin Business Journal reports that the Texas State University System Regents moved ahead with planning a 612-bed, $50 million student housing project late last week..
Texas sales tax collections are down more than 14%, but New Braunfels only saw a 2.3% decrease from the record setting collections seen in 2008... means a check for $1.6m for the community
First of two segments from CNBC television on the strength of the Texas economy, led by San Antonio, among the strongest in the strongest in the nation
Second of two segments from CNBC television on the strength of the Texas economy, led by San Antonio, among the strongest in the strongest in the nation. I nterviews with the mayhor and others.
In Austin, the robust employment growth that supported one of the healthiest local economies prior to the recent downturn is anticipated to resume in the coming months, attracting job seekers from areas deeply maligned by the recession.
New mega resort has the potential to push San Antonio into the top tier of travel destinations, such as Orlando, Fla.; Scottsdale, Ariz.; and Las Vegas.
According to a survey by Commercial Real Estate giant Grubb & Ellis, Austin leads the nation as the best city for long term investment in commercial real estate
Among Forbes list of the top 100 cities in the US leading the economy out of this great recession, San Antonio ranks #2 and Austin ranks #3 (Portland OR ranks #56 and L.A. ranks #81)
Milken Institute: Texas metros, led by #1 Austin-Round Rock, claimed four of the top five spots and nine of the top 16 in the 2009 Milken Institute/Greenstreet Real Estate Partners Best-Performing Cities Index rating how well they are creating and sustaining jobs and economic growth
Four Texas markets will be among the first in the nation to recover from the recession, says a nationwide forecast by IHS Global Insight, with Austin and San antonio predicted to be first!
According to Forbes.com, Texas, home to more than 50 of the Fortune 500 companies, has three of the best cities to earn a living: Dallas, Houston and Austin
Four of the 10 fastest-growing large U.S. cities include a suburb of Austin as #1 and four of top ten in Texas
Renting a 26-foot U-Haul truck to go from Austin to San Francisco this July would cost you about $900. Renting the same truck to go from SF to Austin? About $3,000. Guess why?!
'What puts Texas first? It has a pro-business tax climate that ranks third, a low cost of living, a relatively solid economy, and a litigation environment that ranks 10th on our list. Texas also ranks first in the number of Fortune 500 companies located there.'
25 counties that have experienced the most job growth over the last eight years. five are in Texas including Rockwall County, TX near Dallas in the number 2 spot, and four others which are Williamson County around Austin as well as Webb County, Hidalgo County, and Collin County.
U.S. News looked at areas with strong economies, low living costs, and plenty of fun things to do... and ranked Austin Texas #3 in the US with its strong economy, warm climate with plenty of sunshine and abundant open, green spaces.
Austin and San Antonio ranked among strongest 20 metro areas - Texas has 6 of top 20!
San Antonio to benefit exponentially as the federal government plans to spend $2 billion in the city in new construction through BRAC, the Department of Defense 'Base Realignment and Closure Commission'
'Austin and San Antonio lead our list of places where your money goes farthest. Residents of both enjoy affordable housing and promising prospects for job growth in coming years. "Texas, as a whole, is one of the few economies that's performing extremely well because of the energy and technology sectors," says Andrew Gledhill, an economist at Moody's Economy.com.'
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