Cypress Creek Lakes Community News

The economy and real estate are on everyone's mind in today's ever-changing marketplace, but Texans have a lot to be proud of - especially Houstonians.  For the 3rd consecutive year, Texas has been ranked as the No. 1 state in the USA for business, using a combination criteria including business friendliness, workforce, education, and availability of capital.  This is a very strong statement about the strength of the Lone Star State at a time when several other states are on the decline and struggling for growth and business support.  

According to the National Association of Realtors, in the last year, Houston was the only major metropolitan area in the country to post a home price appreciation - yet residents of Houston pay one of the lowest per capita costs for shelter in comparison to the rest of the country.  In fact, a recent Texas A&M study shows that Texas is in a great position overall. Texas residents enjoy a great state economy in part because - even with the only recorded rise in home appreciation in the nation - Texans have more to spend on non-shelter goods (food, transportation, clothes, etc.) than other states because their per capita shelter costs are still so low.  And, that extra spending translates into very positive economic news for everyone in Texas and the Greater Houston areas!

Go Texas!

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