The Real estate Horizon Texas is a monthly newsletter that reviews listings in Texas for the purchase of homes, condominiums, town houses, and land. The newsletter covers all sections of the real estate market including residential, commercial, rental, foreclosure, mobile homes, manufactured homes, agriculture, finance and personal property. The real estate industry remains one of the most viable markets in the United States with new and innovative development taking place on a nearly daily basis. The Texas real estate market continues to grow and prosper by providing buyers and sellers a wide variety of housing opportunities.
Real estate in Texas has come on considerably over the last twenty years since the bust in the market took hold and prices were driven down in an almost instant fashion. Now that the real estate market has begun to rebound Texas home values have begun to climb back to their former levels and some areas have seen home values increase by double digits while other areas have actually lost value. In response to this Texas homebuyers have begun purchasing resales in an attempt to drive prices down even further. While this may seem like a good idea, it is important to realize that many of these resales are in areas that have seen little or no growth. The result is that many of these potential buyers are being priced out of the market leaving only the motivated and creative real estate investors who are aware of the true value in purchasing in areas that are currently undergoing rapid growth.
Texas has a long standing history of commitment to community development and its ability to attract both domestic and foreign investors. In fact, the city of Houston was chosen as one of the top 10 fastest growing cities in the United States by the World Economic Research Organization. With the state of Texas tied up in a number of regional economic projects and tax incentives it is an area that is experiencing tremendous growth both economically and population wise. Real estate in Texas is in a steady state of growth, which bodes well for the prospective homebuyer or seller. The key to investing in Texas real estate is knowledge and being able to act on that knowledge.