Texas Economy
From Staff Reports Lower oil prices plus a pandemic mean Texas’ economy is being hit harder than the world and the rest of the United States. But a researcher monitoring the state’s weekly economic heartbeat, says he detects positive signs. “After flattening the last two weeks of May, the Texas weekly leading index increased during…
Read MoreStaff Reports Real estate purchase by international homebuyers brought $7.8 billion to the Texas economy, says a new report from Texas Realtors. From April 2018 to March 2019, Texas accounted for 10 percent of all homes purchased by international homebuyers in the United States, with 18,310 home sales out of 183,100 nationwide according…
Read MoreTexas is the 12th-best state when it comes to jobs, rent increases in Arlington are among the highest in the nation, and Dallas-Fort Worth is expected to add jobs this year. We have all the details in this week’s roundup of real estate news. Texas Ranks 12th For Jobs Texas was tops in the country…
Read MoreBy Marcus McCue Executive Vice President and Chief Business Development Officer Guardian Mortgage Company The national housing market remains strong, and Texas, in many respects, is leading the way with record existing-home sales in Dallas and robust price growth. Some housing experts were surprised at just how vigorous the Texas housing market was last year.…
Read MoreIn Texas, it’s all about jobs, jobs, jobs. A new report from the Real Estate Center at Texas A&M University says that the Texas economy gained 276,400 nonagricultural jobs from June 2014 to June 2015, an annual growth rate of 2.4 percent, compared with 2.1 percent for the United States. Many of the major metropolitan areas in…
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