TX has become one of the most popular states for investing in real estate since 2008. It is favored as a now trendy destination, with strong fundamentals, and better affordability than other major markets.
The Lone Star State is the second largest and most populous state in the US, and boasts the second highest gross state product. Texas’ economy has become far more diversified in recent years, and has become synonymous with being a business friendly and low tax destination. Despite a low average personal income rate, the state is also home to the second largest concentration of millionaires.
Largest Cities & Towns in Texas:
Top Economic Sectors:
Largest Employers in TX:
Top Employers in Dallas Fort Worth:
Economic & Real Estate Market Trends:
State Population Growth:
Texas’ population has increased by double digits at every census count since 1850. As of 2017 there are close to 28M residents in the state.
DFWadds 119,000 new jobs
Dallas area home values now up over 40%
Federal Reserve Bank of Dallas 2017 Indicators
Resources for Texas Real Estate Investors:
Texas A&M University Real Estate Center https://www.recenter.tamu.edu/news/newstalk-texas
Texas Association of Realtors https://www.texasrealestate.com/news-releases
Texas Tourism https://www.tourtexas.com/
Official website of TX https://texas.gov/
State Bar of Texas https://www.texasbar.com/
Texas Economic Development Division https://texaswideopenforbusiness.com/news
TX mortgage lenders http://www.directmoneylenders.com/