A state built on such a solid economy, it just keeps on rolling.
The outlook for Texas remains solid despite the housing market mess the rest of the United States finds itself in. There was no housing bubble here and the economy is firing on many cylinders.
Just like Alberta, Texas benefits from the petroleum industry. As well, it is a gateway for trade and has a solid base of professional services, health, leisure and construction. This economy has so many legs, it's no wonder it has continually bucked the gloom and doom trends rocking so many other regions of the US.
For your review, we've gathered a selection of key resources about Texas. They give you an idea of why Prestigious Properties is currently targeting this province in our never-ending search for great real estate investment opportunities.
Articles
Dallas/Ft.Worth 2012 Forecast Marcus & Millchap - Jan 2012
Texas does not reflect U.S. housing industry downturn - Mar 2011
Panelists say outlooks for mulitfamily real estate, economy are improving - Nov 2010
Texas job growth is 3 times the national average - Sep 2010
Why Texas May Lead the Nation's Turnaround - Jul 2010
CNBC's Top States For Business 2010—And The Winner Is Texas - Jul 2010
Marcus & Millichap National Apartment Report - Q1 2010
Marcus & Millichap "The Outlook" - Q1 2010
Rents On The Rise In Dallas/Ft.Worth Area - May 2010
Increased US Multifamily Housing Starts Suggest Market Demand Direction - Apr 2010
Marcus & Millichap National Apartment Report - 2009
Marcus & Millichap Dallas/Fort Worth Metro Area Apartment Market Update - Sept 2009
Marcus & Millichap "The Outlook" - Sept 2009
MarketView Multi-Housing Cap Rate Study - April 2009
Austin Texas Real Estate Market Update: Rebound in 2009
