CONSUMER CONFIDENCE STRONGER IN TEXAS THAN MOST PLACES IN THE COUNTRY
A great opportunity for buyers and home builders in North Dallas.
If you are a home owner or home builder, Texas is one of the best places to be – particularly the Dallas-Fort Worth area. According to an economic report just released from the Brookings Institute, the Dallas-Fort Worth area ranks third among metro areas that have been least affected by falling home prices and is one of the top three best housing markets in the country.
Yes, Dallas-Fort Worth is one of the bright spots in the nation. It’s one of only four cities with housing appreciation. In addition, the Dallas-Fort Worth area is attracting relocation from around the country because of it’s strong job market, affordably priced homes, and a business friendly environment. Consequently, people are buying and selling homes. Consumer confidence is much stronger in Dallas-Fort Worth than in almost any other area in the country.
David Brown, head of Metrostudy’s Dallas office expects the Dallas-Fort Worth and Houston areas to lead the nation in new home starts and closings. This is good news for the area economy and is particularly good news for Texas Home Builders.
In Texas, strong opportunities exist for builders like John Landon, President of Landon Homes, a North Dallas Home Builder. Landon has been a leading force in homebuilding and development for 20 years. He opened his first home building company, Legacy Homes, in the 1980’s when the economy was going through similar tough economic times and he grew the company to be the 12th largest home builder in the Nation. Companies like Landon Homes have experienced downturns in the economy and have survived because they have the resources, expertise, talent base, and fortitude to succeed in these challenging times. John Landon also takes pride in running a debt-free company.
To read more about how the Dallas-Fort Worth area is doing compared to the rest of the nation, go to www.LandonHomesUSA.com/market_reports.html.