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Fastest-Growing States
According to the U.S. Census Bureau, the fastest-growing state is Texas, which
gained almost 484,000 new residents from 2007-2008. California is second with a
gain of 380,000 people. North Carolina is third, followed by Georgia and Arizona.
Top Ten Numerical Gainers, 2008
Rank State Net Increase
The fastest growing states are all cheaper alternatives to residents of overpriced
coastal cities like New York, LA, and San Francisco. People have discovered the many
attractive assets of their neighbors. These traits also are attracting high-tech
companies, professional business owners and retirees. Read Article
According to the U.S. Census Bureau, the fastest-growing state is Texas, which
gained almost 484,000 new residents from 2007-2008. California is second with a
gain of 380,000 people. North Carolina is third, followed by Georgia and Arizona.
Top Ten Numerical Gainers, 2008
Rank State Net Increase
The fastest growing states are all cheaper alternatives to residents of overpriced
coastal cities like New York, LA, and San Francisco. People have discovered the many
attractive assets of their neighbors. These traits also are attracting high-tech
companies, professional business owners and retirees. Read Article
Fastest-Growing Counties
In 2007, the county with the highest numerical annual growth was Maricopa. It's
population grew by more than 100,000 from the previous year. Riverside is not far
behind with 66,000 additional residents. In third place was Harris County, followed by
Clark and Tarrant Country.
Counties With Highest Numerical Growth, 2006-2007
Rank County (State) Net Increase
Texas boasts five counties ranked in the top ten for fasting-growing counties.
Residents fleeing the overpriced L.A. housing market helped four other counties make
the list as well. Read Article
In 2007, the county with the highest numerical annual growth was Maricopa. It's
population grew by more than 100,000 from the previous year. Riverside is not far
behind with 66,000 additional residents. In third place was Harris County, followed by
Clark and Tarrant Country.
Counties With Highest Numerical Growth, 2006-2007
Rank County (State) Net Increase
Texas boasts five counties ranked in the top ten for fasting-growing counties.
Residents fleeing the overpriced L.A. housing market helped four other counties make
the list as well. Read Article
Fastest Growing Job Markets
According to the Department of Labor, Houston ranked #1 for job growth. From Oct.
2007 - Oct. 2008, more than 52,000 new jobs were created in the metro area. Another
Texas city, Dallas, ranked #2 in total job growth. Washington, DC, San Antonio, and
Boston round out the top 5.
Highest Growing Job Markets, 2007-2008
Rank City, State Net Increase
In all, 4 Texas cities rank are among the top 10. The low cost of living and influx of
young professionals are attracting increasing numbers of employers to the Long Star
State. As new subdivisions spring to life, the infrastructure that's required to support
new residents – like mortgage lending and health-care -- is sure to provide steady
employment. Read Article
According to the Department of Labor, Houston ranked #1 for job growth. From Oct.
2007 - Oct. 2008, more than 52,000 new jobs were created in the metro area. Another
Texas city, Dallas, ranked #2 in total job growth. Washington, DC, San Antonio, and
Boston round out the top 5.
Highest Growing Job Markets, 2007-2008
Rank City, State Net Increase
In all, 4 Texas cities rank are among the top 10. The low cost of living and influx of
young professionals are attracting increasing numbers of employers to the Long Star
State. As new subdivisions spring to life, the infrastructure that's required to support
new residents – like mortgage lending and health-care -- is sure to provide steady
employment. Read Article
Undervalued Housing Markets
According to a report from the financial service companies, National City Corp and
Global Insight, 4 of the nation's most undervalued markets are located in Texas.
Most Undervalued Housing Markets in the U.S., 2007
Rank City Median Price % Undervalued
The most undervalued market, according to the survey, is Dallas, where homes sell
for 24.9 percent below their proper price. Houston came in second, where prices are
22% undervalued.
The report's authors determined proper home values based on population density,
relative income levels, interest rates and historically observed market premiums or
discounts. They compared them to actual selling prices to arrive at overvaluations or
undervaluations. Read Article
According to a report from the financial service companies, National City Corp and
Global Insight, 4 of the nation's most undervalued markets are located in Texas.
Most Undervalued Housing Markets in the U.S., 2007
Rank City Median Price % Undervalued
The most undervalued market, according to the survey, is Dallas, where homes sell
for 24.9 percent below their proper price. Houston came in second, where prices are
22% undervalued.
The report's authors determined proper home values based on population density,
relative income levels, interest rates and historically observed market premiums or
discounts. They compared them to actual selling prices to arrive at overvaluations or
undervaluations. Read Article
| OVERALL MARKET ANALYSIS |
| The American West and South are the two fastest growing regions in the U.S. Major cities throughout these two regions dominate the list of fastest growing counties, metro areas, and job markets. Texas cities dominate the rankings of most undervalued housing markets in the country. |
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| M U N D Y REAL ESTATE Helping People Build Wealth One Investment at a Time |
Fastest-Growing Large Cities
According to population estimates by the U.S. Census Bureau, the city of Houston
gained 39,000 residents from July 2006 to July 2007, the largest numerical gain of the
nation’s 361 metro areas.
Cities With Highest Numerical Growth, 2006-2007
Rank City (State) Net Increase
Phoenix had the second largest numeric increase at 35,000. San Antonio (with an
increase of 32,000), Ft. Worth (29,000) and New Orleans. (29,000) rounded out the top
five metro area gainers over the time period. In all, Texas boasts 4 cities on the top 10
List. Read Article
According to population estimates by the U.S. Census Bureau, the city of Houston
gained 39,000 residents from July 2006 to July 2007, the largest numerical gain of the
nation’s 361 metro areas.
Cities With Highest Numerical Growth, 2006-2007
Rank City (State) Net Increase
Phoenix had the second largest numeric increase at 35,000. San Antonio (with an
increase of 32,000), Ft. Worth (29,000) and New Orleans. (29,000) rounded out the top
five metro area gainers over the time period. In all, Texas boasts 4 cities on the top 10
List. Read Article