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Find or Refer a Contractor in Tyler

Texas Job Growth Leads the Nation

June 3rd, 2011

I read a report yesterday or the day before, confirming what most of us living in Texas strongly suspected. Our state is well ahead of the curve in terms of job growth. The cities of Dallas and Ft.Worth rank above the rest of the nation in terms of job growth. Houston is a close second. The jobless rate in the metroplex is down slightly from eight percent to roughly seven and a half, admittedly a small decline, but a good one considering the national average is nine percent. There are a number of ways to crunch the numbers, obviously, but in terms of both population and job growth Texas is definitely better off than most of our sister states; far better off than some. I’m not suggesting that times are exactly good here, just better.

The category of growth I found most interesting, both for me personally and for Tyler, comes in the area of Education and Health Care. These two fields seem to be growing albeit slowly, with an interesting stipulation: it includes private as opposed to public schools. The article I read cites 6.4 percent growth in the Ft. Worth area, and 5.2 in the Dallas area. While these numbers relate specifically to the metroplex, this category is of course the largest field of employment in East Texas. With the public schools in Texas experience big cutbacks, private schools are growing, and hiring new staff. While its admittedly anecdotal evidence, I can attest to this, as I recently accepted a position at a new private school in our area.

I think the relative health of the Texas economy comes as a result of a generally pro-business administration, and a lack of state income tax, which encourages immigration from states like California (and others), that are incredibly overburdened by regulation and taxation. Incidentally, the Bureau of Labor put San Francisco near the bottom of the job growth list with -0.3 percent growth when compared to last year.

Finding the perfect Commercial Facility in Tyler Texas

December 14th, 2010

Tyler Texas Commercial Facilities For LeaseEast Texas is looking like one of the best areas to invest in commercial property. While other states and cities nationwide have seen a decline in affordable mortgages, and an increase in foreclosures, places such as Austin and Tyler, Texas and neighboring cities have continued to see a steady increase in sales.

East Texas Commercial Real Estate is attractive to many investors and families due to the beautiful weather all year round, the friendly communities, the vast array of amenities at close reach, and the lack of state income tax and low business taxes. The real estate market in East Texas has remained on a pretty even keel for prices while other cities around the country are trying to deal with losing money or buying too high.

As more people are finding their way to the warm climate of East Texas, new buildings and homes are being erected creating the opportunity for new jobs. There are also new shopping malls being built, and high end stores that are a great opportunity for an investor looking for a prime location. Due to the cost of living being so affordable, more and more people are looking to start new businesses, and purchase a home for their families. This makes it the ideal market for those house flippers as well as commercial investors. With properties not staying on the market too long, investors know they will not have to wait long to sell the property and make some money.

East Texas Commercial Real Estate

November 1st, 2010

Commercial Real Estate Tyler TX
Known for the warm climate, low cost of living, and great futures for those who are planning on going to University, starting a business, or buying their first home, East Texas is the place many are flocking to. Transformed from the once primarily known college and political town, with the increase in technological businesses expanding it is now one of the largest cities for design, marketing and creative inspiration.

Low business taxes and no state income tax are two other reasons why East Texas Commercial Real Estate is attractive to the small business owner or investor. No matter what your business, you are sure to find an affordable building, storefront, warehouse or investment home that will suit your needs.Tyler TX Commercial Real Estate

Investing in commercial real estate is a wise decision. If you are looking to retire or would like the security of an extra nest egg, purchasing commercial real estate in Texas could be what you need. If you are looking for a way to build strong cash flow, you need to look for a property where the “cap rate” is higher than loan interest. This can mean you also can make money on the money you borrow. Texas is an area that has a nice of 8-9% cap rate on their commercial properties and has become known to be a good place for those who want to build up a strong income. Some people often refer commercial property to being like a Golden Goose that continues to lay those golden eggs.