Real Estate Story

richardson

For people looking to Internet rankings when searching for their next place to live, 24/7 Wall St. produces some solid information. As opposed to some list-makers, they actually do real research with scientific data and come up with interesting findings.

They recently reviewed data on the 550 American cities with populations of 65,000 or more (measured by the U.S. Census Bureau). They looked at a range of variables, including crime rates, employment growth, access to restaurants/attractions, educational attainment, and housing affordability, and they identified America’s 50 Best Cities to Live.

Two Texas cities made the 24/7 Wall St. list, and both are in DFW. In the top five, Richardson, and in the top ten, North Richland Hills. Intrigued? So were we. Read on to see why they chose these two places for their list.

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With Western Texas Intermediate oil hovering around $45 a barrel, folks have been speculating about new home construction in Midland-Odessa and how layoffs and budget cuts might affect the spectacular boom of the past few years.

But while economists might raise a red flag, local homebuilders say pent-up demand and a more diversified economy are keeping the phones ringing and people signing on for new home construction.

“The demand is still the same as it has always been—everyone wants their home built yesterday,” said KC White, owner and president of KC White Homes, Inc. “More people outside of the oil world are calling my phone. There are more than just oilfield-related jobs here.”

Read the whole story over on MidlandDirt.com!