Texas continues to rack up positive news and glowing reports, with the latest coming from the Dallas News. The Dallas News reports that “Texas leads nation in job growth, adding 322,400 workers in the last year. Economists say trends for the rest of the year look promising.” This is more great news for the state that has been on the forefront of the economic turnaround.
The Dallas News article is based on data released by the U.S. Bureau of Labor Statistics. That data showed that 33,900 jobs were added in Texas in January. The next closest state—Ohio—had less than half of Texas’ number, with 16,700.
“Although employment growth in many other states decelerated during the past several months, Texas’ job creation accelerated to new heights,” said Jason Frederick, a senior economist for BBVA Compass Bank, according to the Dallas News. The San Antonio Business Journal previously reported on the strength of the Texas' economy, as it "continuing to shrug off affects of recession."
Texas continues to attract businesses and people from other states, which is spurring home and commercial building, led by the thriving markets of Austin, Dallas and Houston. “Combined, the Austin, Dallas and Houston metropolitan areas accounted for more than two-thirds of all of Texas’ new jobs in the past year, Frederick said in the article. “For the rest of 2014, we shouldn’t be surprised to see a resurgence of ‘Gone to Texas’ signs tacked to front doors across the nation."
Smart developers like SouthStar Communities have developed master-planned communities in each of these thriving Texas cities. Austin is within commuting distance to the company’s flagship community, Vintage Oaks in New Braunfels. Vintage Oaks offers a superior location on the Texas Wine Trail and is “the fastest growing community in the Hill Country" for 2013 according to Metrostudy. At SouthStar Communities’ Lake Ridge at Joe Pool Lake, buyers in search of prime Texas lake property discover all the advantages of living near the lake without losing a convenient DFW location. Continued impressive real estate gains in Houston have made moving to Bryan-College Station and building a custom home on a prime piece of Texas land a reality, and SouthStar Communities’ King Oaks has increasingly become the beneficiary.