Real Estate Recovery for Katy, Houston and State of Texas

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Real Estate Agent with Berkshire Hathaway HomeServices Anderson Properties TX Real Est. 567774

 

 

Real Estate Recovery for Katy, Houston and State of Texas

 

According to a research real estate economist named Dr. Ali Anari from Texas A&M University the private sector in Texas added approximately 251,000 jobs that equates to an annual growth rate of 3%. The national rate of private sector job increase during the same period was 1.7 %. The Monthly review of the Texas economy indicated that the State had vigorous job growth for the year ending June 30, 2011 and this statement was confirmed by the A & M data. The economic slowdown certainly has affected Texas but the State is recovering faster than most parts of the US.

Texas A & M University Football Stadium

 

The Federal Reserve Bank of Dallas is reporting that Houston is currently back from an economic standpoint to its prerecession levels. Houston is now number 1 in the United States for retail job growth by adding 4,100 jobs per a study from the US Bureau of Labor Statistics.

 

The State of Texas is the one state in the United States to experience a 3% job growth rate and stable real estate prices for the most part across the State.

The economic news in the state of Texas, Houston and Katy Texas is all very positive and bullish. There are numerous homes available at reasonable prices in the Katy, Texas market. Interest rates are very low. The time to buy a home is now. If you and your wait you might lose an outstanding opportunity to buy a home. These types of opportunities only come along a limited number of times in anyone’s lifetime.

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  1. Dan Edward Phillips 08/08/2011 05:16 PM
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Topic:
Real Estate Market Trends
Location:
Texas Harris County Katy
Groups:
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Tags:
opportunity to buy a home
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texas economy
annual growth rate
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texas am university

Comments 5 New Comment

Rainmaker
942,123
Kathy Clulow
CNE - ASP - SRES .... Uxbridge Ontario Real Estate
RE/MAX All-Stars Realty Inc. Brokerage

Bob - excellent news for Texas and good news for the rest of the country as the recovery train picks up fuel and heads out across the nation

August 07, 2011 04:14 PM
Rainmaker
559,159
Yolanda Cordova-Gilbert
David Weekley Homes in Cinco Ranch
David Weekley Homes

Bob,

               Texas does seem to be ahead of the rest of the country hopefully the rest will follow soon.

August 07, 2011 04:31 PM
Rainmaker
570,826
Dan Edward Phillips
Realtor and Broker/Owner
Dan Edward Phillips

Good Morning Bob, this is excellent news on the entire Houston area!  Let's hope that the trend continues and that it spreads!

August 08, 2011 06:08 AM
Ambassador
525,419
Peter Pfann @ 1 Percent Realty Victoria, and Pay-Less For Victoria Real Estate Results!
Talk To Peter 250-213-9490 www.pay-lessrealty.com
1 PERCENT REALTY, Victoria BC www.1percentrealtyvictoria.com

HI Bob,

It all starts with jobs and money earned in a community and Katy, Houston and Tx are surely well ahead of the national average in the USA, which boosts well for your real estate and economic recovery. very well done.

August 08, 2011 12:18 PM
Rainmaker
629,033
Dale Baker
Home and Commercial Properties Inspections Vermont
Baker Residential and Commercial Properties Inspections

Howdy there Bob my friend, you sure post such outstanding local blog posts for folks to enjoy visiting at your outstanding blog full of helpful info. Plus folks sure do always get to find mighty enjoyable reading when they visit. I know other folks sure must also enjoy stopping by to visit your mighty fine blog.

February 04, 2014 03:49 PM
Rainmaker
982,253

Robert (Bob) Gilbert

Your Katy TX Real Estate Expert
Ask me about Katy Real Estate and Let's get Started!
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Additional Information

INFORMATION OR EVENTS OCCURRING IN THE KATY, TEXAS , CYPRESS , TEXAS AREA , SUGAR LAND AREAS AND FAR WESTERN LOCATIONS OF HOUSTON, TEXAS.