US Census says Texas is the Only Sunbelt State with Substantial Gains
The U.S. Census estimates Texas as the Only Sunbelt State with Substantial Population Gains
Texas has Dallas and Houston ranked first and second among metros with the most numerical gains. Austin and San Antonio are also in the top 20 list, and Texas looks to gain up to four House seats after the 2010 census.
Battered by the recession, more older Americans are staying put in
traditional big cities to hold onto jobs, creating slowdowns in
most population growth areas at once-popular retirement destinations widely found
in the South and West, except for Texas.
Read more at the Census Bureau:census.gov
Further demonstrating Texas's strength despite the national recession:
1. Texas banks increased their lending levels
in 2009, with a cumulative $247.1 billion in loans sent out from the state’s
629 banks, according to the Federal Deposit Insurance Corporation (FIDC).
2. The Brookings Institute which is tracking the economic recession and recovery in America’s 100 largest metropolitan areas, highlights Texas as the lone star in the nation. download the report
.The Brookings Institution is a nonprofit public policy organization
based in Washington, DC.and is consistently ranked as the most
influential, most quoted and most trusted think tank.
This is good news for the Texas Coast markets as the majority of buyers and renters are from the Texas Metro Areas.
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