Asset Management Services in One of the Nation's Fastest Growing Cities
March 10, 14
Forbes recently named Houston to its list of America's 20 Fastest-Growing Cities. The Bayou City is number ten on the list, and is the third of four Texas cities to be named, joining Austin (1), Dallas (4), and San Antonio (20).
Forbes started its list by looking at the top 100 most populous Metropolitan Statistical Areas. Those areas were then rated according to estimated population growth in 2013 and 2014; year-over-year job growth for 2013; the rate of gross metro product growth -- the economic growth rate -- for 2013; federal unemployment data; and median salaries for college-educated workers. When it comes to factors that influence people and businesses to relocate to an area, high on the list is quality of life, the presence of educational facilities, access to health care and a low cost of living, according to the article.
Forbes lists the Houston - Sugar Land - Baytown Metropolitan Statistical Area as having an average pay of $72,100. The 2013 population growth rate was 1.3 percent, the reported stated, and its unemployment rate was 5.75 percent. According to the article, it was in fact the increasing population and the low unemployment rate that caused all of the Texas cities to make the list. Florida also had four cities in the top 20 list this year, the article stated.
In a fast growing city such as Houston, you should consider protecting your investments through LandPark Commercial's asset management services. With vast experience, we believe in outperforming the market and growing your assets. If you're looking for strategic, pro-active and long term solutions to your investment challenges that are creative, personalized and tailored to your unique situation, contact us.