“Finding work may not be quite that simple, but it sure seems that way. While the nation’s job growth has limped along since the economic recovery began two years ago, the Lone Star State is enlarging payrolls in Texas-size fashion.
From June 2009 to June 2011 the state added 262,000 jobs, or half the USA’s 524,000 payroll gains, according to the Federal Reserve Bank of Dallas and the Bureau of Labor Statistics. Even by a more conservative estimate that omits states with net job losses, Texas’ advances make up 30% of the 1 million additions in the 34 states with net growth.”
Continue: Texas bucks national unemployment trend – USATODAY.com.
Houston Area Figures & Facts by AEDO
“Economic Facts & Figures for Houston – AEDO / Economic Development / Facts & Figures
The Houston-Sugar Land-Baytown Metropolitan Statistical Area (Houston MSA) consists of 10 counties: Austin, Brazoria, Chambers, Fort Bend, Galveston, Harris, Liberty, Montgomery, San Jacinto and Waller. The Houston metro area:
- Ranks sixth among U.S. metropolitan statistical areas with a population of 5,867,489 as of mid-2009.
Covers more than 10,000 square miles.
- Has a gross product of $403.8 billion, according to The Perryman Group.
- Recorded 2.54 million payroll jobs in November 2010, more than the job counts of 31U.S. states, including Arizona, Colorado and Alabama.See Demographics, Business Climate and more:
Economic Facts & Figures for Houston – AEDO“
Housing Market Predictions 2011: Home Prices May Still Be Too High “by Ilyce R. Glink
What’s the forecast for the housing market for the rest of 2011? My prediction is that the market will continue to suffer for the balance of this year and well into next year. Why aren’t home buyers buying? Maybe they’ve heard the recent spate of bad housing news:”
Come out to Katy Sunday afternoon and see this 1.5 story gorgeous, model-style, move-in ready home in Cinco Ranch West.
OPEN HOUSE SUNDAY 1:00 TO 3:00
4506 TREMONT GLEN LN
KATY , TX 77494
More details: 4506 TREMONT GLEN LN
via Margaret’s Real Estate and Katy Events Blog.
New Home Price Report Shows It’s a Great Time to Buy says Bob Stahl, Guest Writer, Realtor.com. “The most recent S&P/Case-Shiller Home Price Indices was released on Tuesday and the news wasn’t as optimistic as we would like but not altogether surprising either. The S&P/Case-Shiller monthly report is the leading measure of U.S. home prices and on Tuesday, they reported that – in their 20-city composite – housing prices fell 1.6 percent from their November 2009 levels. Sixteen of the 20 cities in the index showed a year-over-year decline and 19 of the 20 metros showed a decline from the month prior (October 2010) However, the composite indices remain above their spring 2009 lows.”
Are you in the market for a new home, resale or new construction?
Search the MLS on my HAR website: http://har.com/margaretzamanian
Happy Birthday, Cinco Ranch, Katy TX!