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Business Week: Houston Economy 9th Strongest in Nation

October 23, 2009
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009_houston_texasBusiness Week has ranked the economy of the Houston metro as the 9th strongest metro economy in the U.S. Stable home prices were a top factor contributing to Houston’s resilience.

The top 100 metros were ranked based on job growth, unemployment, gross metropolitan product and home prices. The strongest metros all had one thing in common: relatively stable housing markets, with no big boom or bust.

All four major Texas metros: San Antonio, Austin, Dallas-Ft. Worth and Houston made the Top Ten. The article states, “Texas is unlikely to face a prolonged downturn… The state’s affordable cost of living makes it attractive to new residents and corporations, the largest of which tend to be based near Houston and Dallas.”

To read the full article, please click here.

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This post was written by Sandcastle Homes

I just moved into my new Sandcastle home and I think it’s a wonderful place to live. They have been very helpful, particularly Lynette and Steve. From the owner Mike Salomen down, it has been a truly positive experience. I would highly recommend anyone who wants to buy a new home that is built of high quality to consider this home builder.

Neal Massey

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