Provided By Texas A&M Real Estate
Texas housing markets are among the healthiest for home building, according to Hanley Wood Market Intelligence.
The firm's Builder Market Health Index gives many Texas MSAs a market health indicator well above 50 out of 100 (50 being the minimum to be considered healthy).
Austin-Round Rock had a score of 86.5, second only to Raleigh-Cary, NC, which had 86.9.
Houston-Sugar Land-Baytown scored a 77.3, San Antonio a 75.6, Dallas-Fort Worth-Arlington a 70.7 and El Paso a 65.8. Killeen-Temple-Fort Hood and McAllen-Edinburg-Mission each scored 54.5.
According to Hanley Wood, the index weighs housing conditions in the 100 largest home building markets based on the 2011 outlook for six key variables most associated with strong home sales. Those include unemployement rate, change in unemployment numbers, home price appreciation, household growth, job growth and median income growth.
Are you interested in building your dream home? Give us a call at 972.772.7000 or email us at frontdesk552@kw.com.
Showing posts with label texas real estate. Show all posts
Showing posts with label texas real estate. Show all posts
Monday, April 11, 2011
Monday, June 21, 2010
Ranked 3rd out of the 10 Fastest Growing Counties in America
Published By CNN Money
Provided By Blair Baldwin
Rockwall County, Texas
Population: 81,391
Growth rate since April 2000: 88.9%
After averaging more than 7.5% population growth during the first eight years of the decade, the Dallas
suburb saw its growth rate drop to 4.6% in the 12 months ended July 1, 2009. Despite that, it held on to its title as the third-fastest grower in the nation during the 2000s.
Texas real estate never bubbled as in some Sun Belt states. There was always lots of inexpensive land available suitable for development and few regulatory burdens to overcome to put in new housing. That meant supply easily grew to keep up with strong demand and prices remained very stable.
The nation's economic woes have affected Rockwall County little, according to Keller Williams real estate agent Blair Baldwin. Growth has slowed, she said, but not greatly, and a new harbor facility on Lake Ray Hubbard, with many shops, restaurants and community facilities, has helped attract buyers.Few foreclosure problems have surfaced; only 29 Rockwall County residents had their homes repossessed in May, one for every 425 households. Still, that was the third highest rate in the state.
Do you want to live in the 3rd fastest growing county in America? Give us a call at 972-772-7000 or email us at rockwall@kw.com!
Provided By Blair Baldwin
Rockwall County, Texas
Population: 81,391
Growth rate since April 2000: 88.9%
After averaging more than 7.5% population growth during the first eight years of the decade, the Dallas
suburb saw its growth rate drop to 4.6% in the 12 months ended July 1, 2009. Despite that, it held on to its title as the third-fastest grower in the nation during the 2000s.
Texas real estate never bubbled as in some Sun Belt states. There was always lots of inexpensive land available suitable for development and few regulatory burdens to overcome to put in new housing. That meant supply easily grew to keep up with strong demand and prices remained very stable.
The nation's economic woes have affected Rockwall County little, according to Keller Williams real estate agent Blair Baldwin. Growth has slowed, she said, but not greatly, and a new harbor facility on Lake Ray Hubbard, with many shops, restaurants and community facilities, has helped attract buyers.Few foreclosure problems have surfaced; only 29 Rockwall County residents had their homes repossessed in May, one for every 425 households. Still, that was the third highest rate in the state.
Do you want to live in the 3rd fastest growing county in America? Give us a call at 972-772-7000 or email us at rockwall@kw.com!
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