Real Estate Investor Magazine South Africa November 2016 | Page 54

GREYSTONE Key Market Facts Dallas-Fort Worth (DFW) We think Dallas-Fort Worth (DFW) is one of the top regions nationally, as well as globally, in which to invest. Some 300 people relocate to Dallas-Fort Worth every day. Latest Census results show DFW gained 144,704 people from July 2014 to July 2015, bringing its population to more than 7.1 million—the second-largest population boom in the state and in the nation. Te x a s ’ b u s i n e s s - f r i e n d l y environment makes it a great area for real estate investment. Texas is ranked in the Top 10 for Favorable Business and Personal Tax Climate (Tax Foundation 2015) and is CEO’s Nomination for Best State for Business for 11 Consecutive Years (Chief Executive Magazine, 2015). Here are six major reasons to invest in DFW: • Booming economy • Thriving job market with a strong base of well-educated and skilled employees • Top-ranked universities and high-performing secondary schools • High wages and low cost of living • Hot housing market • Central location and mild weather year-round 52 NOVEMBER 2016 SA Real Estate Investor Houston Houston is another hot Texas market and has been one of the nation’s fastest growing cities. According to Census figures, Houston tops the list for new metro-area residents, adding 159,083 from 2014 to 2015. More reasons to invest here: • Economic development mecca • Hot job market, particularly for young entrepreneurs • World-class health care and educational facilities • High wages and low cost of living • Rising rentership and tight available housing inventory • Excellent access for transporting goods and services • Weather and lifestyle Charlotte Charlotte is the nation’s secondfastest-growing city. !e Charlotte metro is home to 2.4 million residents, with more than 800,000 living within the City of Charlotte. !e area has recorded the fourthfastest population growth in the nation over the past decade. www.reimag.co.za