Deep in the Heart of Texas

Yesterday the Fort Worth Star Telegram featured an article that had some great news about our DFW metroplex. In spite of the downturn and recession of the national economy, Dallas-Fort Worth led the nation in population growth for the 12 months that ended July 1, 2009 according to recently released census estimates. People come to where the jobs are and that is in Texas.

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This is great news for our market and is one of the reasons that our property values have held relatively stable and that our inventory supply levels have stayed relatively low. Relocation will continue to lead to stability and growth in the DFW market. We will see job creation which will lead to higher consumption and thus stimulation of our local economy.

Our state unemployment rate is lower than the national rate (8.2% by December compared to 10%), our housing market is more stable, and our economy is very diverse. Texas is most definitely the place to be! With all these people relocating to our state, now is a great time to invest and get the best rate and pricing on a new home, since we know that when demand increases, so does the price!

Click here for a link to the article.

This Happy News Brought To You By:
Newport Homebuilders
www.newporthomebuilders.com
469.854.6640