Just reported by The Wall Street Journal , U.S. Census reports show that more people are moving to Texas than any other state.
Excerpt from story:
Sunbelt States See Biggest Population Gains
Early 2010 U.S. Census calculations suggest that industrial states that have been hard hit by the recession have lost population, while Sunbelt states have grown significantly since the last census in 2000. The only exception is Louisiana, which is still recovering from Hurricane Katrina.
The bureau is concerned that foreclosures that have displaced families will make it more difficult to get an accurate count.
States expected to have gained population and congressional seats, including the number they are expected to gain, are:
- Nevada, +1
- Arizona, +1
- Texas, +3
- Florida, +1
- Georgia, +1
For the full story, about the 2010 Census report click the provided link. If your curious why this story ended up on the blog, its simple. Population growth is good for the housing market. When demand goes up, prices follow. So as long as new construction doesn't outpace the new population growth, we've got another reason to be very optimistic about the health of the housing market in Texas.
On another note congratulations to Shannon Regsiter's Blog. She's a fellow Coldwell Banker Realtor and Blogger, and in a strange coincidence also a University of Georgia graduate. Her blog was voted the "Favorite Real Estate Blog in Texas". So if you need insight about the Houston housing market, check out Shannon's Blog.
If you want the latest news about what's happening in the Southeast Texas housing market just keep it right here! And, thank you to everyone who voted to make "Southeast Texas Real Estate Talk" one of the top ten finalists in the "Favorite Real Estate Blog in Texas" contest.
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