The real estate market in Texas is still stable despite the real estate meltdown that you are hearing about across the Nation. Unemployment rates in Texas are lower than the national average with several major Texas cities still adding jobs.
Builder Online released a recent article highlighting the healthiest housing markets for 2009 and Texas leads the way with the top 5 healthiest markets in the following order:
- Fort Worth
- San Antonio
There are several reasons for these healthy markets, but the main reason these markets are healthy is because they have affordable housing and the home prices were not overly escalated like many other markets.