Monday, July 15, 2013
Real Estate Job Boom in Dallas
If the North Texas real estate market takes off this year — and all signs are pointing toward that — you can thank employment growth.
It’s new jobs, more than anything else, that fuel big increases in real estate demand.
That only makes sense.
People with new or better jobs often seek better housing — a nicer apartment or a home.
And companies that are adding workers require additional office and industrial space.
Last year was the best for home sales and commercial building leasing in the Dallas-Fort Worth area since before the recession started.
No surprise, it was also the strongest year for employment gains in the area since 2007.