Sunday, February 05, 2006

Hats Off to Builders in Texas

The Texas housing market continues to be strong. A quick look around DFW shows new construction of luxury highrises, high-end condo conversions and single family residential.
Is it too much? Home builders don't think so. reports builders like Centex and Ryland are experiencing growth in Texas that is helping to offset slowdowns in other areas including California and Nevada.
While higher energy prices were expected to dull the home building market overall, they seem to be fueling growth in Dallas, Houston, San Antonio and Austin.