Texas Continues to Add Jobs Faster Than The National Average, With Midland/Odessa Topping List
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While the Midland/Odessa area is leading the rest of our great state in job growth, Texas is adding jobs at a quicker clip than most other states, and beats the national average easily.
That’s according to the July figures from the Real Estate Center at Texas A&M University’s “Monthly Review of the Texas Economy.” Coming in second for job growth is the Fort Worth/Arlington metro area, with Corpus Christi in third and Dallas/Plano/Irving in fourth.
Why did Dallas rank fourth in job growth? Service and business/professional jobs didn’t grow nearly as much as construction, mining/logging, and hospitality. Still, with 6.5 percent unemployment (national average is 7.4 percent) and adding 289,200 non-government jobs, Texas isn’t doing so shabby.
Of course, more jobs mean more salaries, which means more people who can afford to buy homes. It’s no stretch to say that if job growth continues to increase, home sales will continue to increase, too. That’s good news for everyone, especially Realtors!
Want to read the full report? Check it out on the Real Estate Center’s website right here.
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Not surprising about Midland-Odessa (Midland is my hometown). No, I wouldn't move back, but their economy is in fine shape and their real estate market is absolutely crazy. The MEDIAN price in Midland is in the mid $200s. But back to us – this is great news for DFW, too.
Not surprising about Midland-Odessa (Midland is my hometown). No, I wouldn't move back, but their economy is in fine shape and their real estate market is absolutely crazy. The MEDIAN price in Midland is in the mid $200s. But back to us – this is great news for DFW, too.
Do not go that direction at all without hotel reservations! You cannot find a room. Pop camper camps all over that area. Amazing!
Peggy, one summer my son, precious boy that he is, was 12 and accompanied me to Colorado to visit Cuchara, which was owned by the guy who bought and flipped Chateau De Triumph. I drove all the way with Tres. Coming back, we left Cuchara and could not find a hotel from Trinidad, Colo until we hit Amarillo! As it got later, my prissy standards got lower, of course, this was pre-bed bugs! I even said well, it's OK if there are no marble counters as long as the sheets are clean. We even tried Motel 6 — they were all full! We finally found a Holiday Inn in Amarillo at 6:30 am.m where we slept for 6 hours!
Do not go that direction at all without hotel reservations! You cannot find a room. Pop camper camps all over that area. Amazing!
Peggy, one summer my son, precious boy that he is, was 12 and accompanied me to Colorado to visit Cuchara, which was owned by the guy who bought and flipped Chateau De Triumph. I drove all the way with Tres. Coming back, we left Cuchara and could not find a hotel from Trinidad, Colo until we hit Amarillo! As it got later, my prissy standards got lower, of course, this was pre-bed bugs! I even said well, it's OK if there are no marble counters as long as the sheets are clean. We even tried Motel 6 — they were all full! We finally found a Holiday Inn in Amarillo at 6:30 am.m where we slept for 6 hours!