Where does Rockwall rank?

Provided By Michelle Little of Republic Title
Source Dallas Morning News

Below is a graph from the Dallas Morning News – Rockwall’s Median Household income ranks #2 out of the 12 DFW Metroplex counties. Great news!!

Are you ready to purchase your first home? Give us a call at 972-772-7000 or email us at rockwall@kw.com.

TEXAS JOB GROWTH CONTINUES, REPORT SHOWS

Provided By RECON

Texas’ economy gained 174,900 jobs from October 2009 to October 2010, according to the Real Estate Center's latest monthly review of the state's economy.

That's an annual growth rate of 1.7 percent. The U.S. economy gained 626,000 jobs, an annual growth rate of 0.5 percent, over the same period.

The state’s private sector posted an annual employment growth rate of 2.1 percent compared with 0.9 percent for the U.S. private sector from October 2009 to October 2010.

The seasonally adjusted unemployment rate for Texas was 8.1 percent in October 2010, the same as in October 2009, while the nation’s rate decreased from 10.1 to 9.6 percent over the same period.

All Texas industries except the trade and information industries and the government sector had more jobs in October 2010 than in October 2009. The state’s mining and logging industry ranked first in job creation followed by the state’s professional and business services, manufacturing, and education and health services industries.

All Texas metro areas except El Paso and Lubbock had more jobs in October 2010 than in October 2009. Austin-Round Rock-San Marcos ranked first in job creation followed by Odessa, McAllen-Edinburg-Mission, Texarkana, and Brownsville-Harlingen.

The state’s actual unemployment rate in October 2010 was 7.9 percent. Midland had the lowest unemployment rate followed by Amarillo, College Station-Bryan, Lubbock and Abilene.

Are you moving to the DFW area? Give us a call at 972-772-7000 or email us at rockwall@kw.com.

ECONOMICALLY SPEAKING, TEXAS MSAS RANK HIGH

Source RECON
Published By Policom Corporation

Houston, Dallas and Austin are among the 20 strongest metropolitan areas in the nation, according to POLICOM Corporation’s annual economic strength rankings.

“The top-rated areas have had rapid, consistent growth in both size and quality for an extended period of time,” said William H. Fruth, president of POLICOM. “The rankings do not reflect the latest ‘hotspot’ or boom town, but the areas which have the best economic foundation.”

Of 366 metro areas nationwide, Houston–Sugar Land–Baytown ranked fourth, Dallas–Fort Worth–Arlington ranked tenth and Austin–Round Rock–San Marcos ranked 12th.

POLICOM specializes in analyzing local and state economies.

Are you interested in homes in one of DFW's rapidly growing communities? Give us a call at 972-772-7000 or email us at rockwall@kw.com.

Texas Dominates Rankings for Best Cities for Jobs

Source RECON
Published By Fort Worth Star Telegram

For the second year in a row, Texas cities took half of the top ten spots in Newgeography.com's annual ranking of the best cities in the nation in which to find a job.

Austin–Round Rock–San Marcos ranked first, San Antonio–New Braunfels second, Houston–Sugar Land–Baytown third, Dallas-Plano-Irving fifth and Fort Worth–Arlington seventh.

Among the medium-sized cities that Newgeography.com ranked, El Paso was fifth, McAllen-Mission-Edinburg was sixth and Corpus Christi was seventh.

College Station–Bryan was the third best smallest city in which to find a job. Killeen–Temple–Fort Hood was fourth.

The rankings are based on three-month rolling averages of monthly employment data from the Bureau of Labor Statistics from November 1999 to January 2010.

To read more of this story click here.

Are you looking for a home closer to your job? Give us a call at 972-772-7000 or email us at rockwall@kw.com.

DFW IN 2010: STRONGER ECONOMY

Provided By Real Estaste Center Online News

Dallas–Fort Worth's economy will strengthen this year.

While sublease space will be the most significant hurdle for top-tier operators, most of the attractive locations should be absorbed by midsummer, said the real estate investment firm.

Among the most significant aspects from the firm's DFW office research report:

• Dallas is expected to lead the nation in job gains during 2010, expecting as much as a 2.3 percent gain;

• office-using employers are projected to add 16,000 jobs, a 2.1 percent boost;

• development will tick down to 1.6 million sf in 2010;

• vacancy is on pace to reach 24.2 percent by year end, up 100 basis points from 2009 and 270 basis points above the ten-year average; and

• rent declines will moderate this year as employment gains traction. Asking rents are forecast to slip 5.2 percent to $18.38 per sf while effective rents retreat 5.6 percent to $14.38 per sf.

Also included in the report is the firm’s annual National Office Index (NOPI), a snapshot analysis that ranks 44 markets based on a series of 12-month forward-looking supply and demand indicators.

DFW moved up three places this year to number 27. Robust employment growth kept Houston at number four, while Austin remained at number 24.

Are you interested in owning or renting a home in one of the strongest economic cities in Texas? Give us a call at 972-772-7000 or send us an email at rockwall@kw.com.