Texas is a state of the south-central United States. Texas was incorporated as the 28th state in 1845. Discovered by the Spanish in the 16th and 17th centuries, the region became a territory of Mexico in the early 19th century. Texans won their independence in 1836. Never allowed admission as a state by antislavery forces in the U.S. Congress, the leaders of Texas formed an independent republic that lasted until 1845. Austin is the capital and Houston the largest city. Estimated Population: 22,800,000. Here are some of the well developed cities of Texas
AUSTIN: Real Estate: Currently the Austin Market looks quite good. Unlike other markets in the nation where prices are going down, central Texas is experiencing healthy growth in job. A steady stream of newcomers is flowing for attractive jobs and homes. According to the Texas workforce Commission, 24,800 jobs were created in Austin area in November, 06.
Available ZIP Codes: 78701, 78702, 78703, 78704, 78705, 78711, 78712, 78713, 78714, 78716, 78720, 78721, 78722, 78723, 78724, 78728, 78729, 78731, 78732, 78733, 78734, 78735, 78736, 78739, 78741, 78744, 78745, 78746, 78748, 78750, 78751, 78752, 78753, 78754, 78755, 78756, 78757, 78758, 78759, 78761, 78762, 78763, 78764, 78765, 78767, 78768
According to the Austin Board of Realtors records from November 31, 2006 through 12/2007 indicates 260 documented listings in the North and Northwest Austin area alone and 71 residential properties listed under a lease. This record does not include any records from builders in the area of new homes.
DALLAS: Real Estate: As of October 2006, North Texas home for sale fell by 15%, the sheer decline in more than two years. Median sales prices also fell by 3% compared to the previous year. It was the first decline in North Texas home sales prices since September 2004. The number of existing houses on the market in North Texas jumped by 13% last month to almost 47,000 homes.
2007 would prove to be an excellent time to invest in real estate in Dallas and the Park Cities. Texas is still in the top 10 of states with rapid growth and Dallas retains to be one of the top cities.
Available ZIP Codes: , 75230, 75204, 75214, 75248, 75240, 75243, 75229
EL PASO: Real Estate: The holidays made the market to slowdown a bit but still many are looking forward to yet another banner year in 2007. The increased population in El Paso and additions to Fort Bliss have driven out market to be competitive with other cities of the same size. This has been a slight shocking for the natives of El Pasoans who have been used to the low priced real estate here in comparison. So if you are looking to buy or sell real estate, this is the ultimate time to do so.
FORT WORTH: Real Estate: 2006 Statistics: 89 homes were sold in Downtown Ft. Worth with the Average sales Price of $236,332. The Percentage of Sales Price to List Price was 97.53%, average days on the Market was 65.
Available ZIP Codes: 76107, 76109, 76116, 76126, 76132, 76133, 76108, 76114, 76110, 76134
HOUSTON: Real Estate: Residents feel Houston as a Super City to bring-up the family. Houston features a great job opportunities, medical facilities, sporting venues, great dining, fabulous schools and what not. It provides great lots, condos, independent homes with enthralling sights around. It has clear atmosphere and a healthy life.
Available Codes: 77070
In October,06, Houston Real Estate continues to hold the national reports of a collapsing market. Absolute property sales for the month totaled 6,792 which was a 6% increase over October 2005. Properties sold reached a total of nearly $1.3 billion.
SAN ANTONIO: Real Estate: Updated for October 2006, San Antonio real estate market has stayed at a historically lower rate for the last 4-month supply. According to new data from the San Antonio Board of Realtors, the median price of an existing home this year rose to $142,300, up by 9% over last year's January-August median price of $130,900. The area has been fortunately experiencing higher appreciation rates for the last 18 months and decreasing days on the market for supply, the appreciation rates should remain around 8% for the rest of 2006 and into 2007. San Antonio has traditionally had a strong supply of renters throughout the city.