Friday, May 22, 2009

Texas home building expects fast rebound

Wednesday, May 06, 2009 - By Mario Zavala

By Mario Zavala
Special to the Business Press

There is a light at the end of the tunnel and Texas will likely be the first to see it, according to state and national leaders in the home building industry.

While there were no predictions on when the current building and housing downturn may come to an end, Joe Robson, the chairman of the National Association of Homebuilders, said he thinks the state, and the Dallas and Fort Worth area in particular, is a step ahead in the recovery process.

“Real estate is all local,” Robson said while speaking at the Homebuilders Association of Greater Dallas in Plano. “It gets a little crazy when all you hear about is the national market, everyone starts thinking that its their own town that’s struggling, but Dallas, and Texas in general, has held up real well.”

Full Story

No comments: