Houston and Texas to Lead Economic Recovery
According to a nationwide forecast by IHS Global Insight, four major Texas metros will be among the first in the nation to recover from the recession. San Antonio and Austin are expected to bounce back to pre-recession job levels sometime next year, predicts the Lexington, Mass.-based economic forecasting firm.
Houston and Dallas-Fort Worth are among eight other Metropolitan areas predicted to recover by 2011. At Prudential Gary Greene, Realtors®, we believe that the best time to capitalize on a bounce back is before it bounces back! With interest rates at an all-time low and only a few months left to receive the $8,000 IRS Tax Credit for First-Time Homebuyers, [expires December 1, 2009], there has never been a better time to invest in a home, particularly in Houston.
Read more on this story and the latest Houston Market info by clicking here: