Posts tagged: Houston

Is Texas The Land Of Success?

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For the past decade, more and more people have been moving to the major cities of Texas. San Antonio, Houston, and Austin have all seen an influx of residents from all over the country. Even New Yorkers are deciding to call Texas home in greater numbers. What is it about the Lone Star State that makes it so attractive to people from the far-flung sections of the country? If even professionals from the tech and media bastions of the coasts are looking to call Texas home, there has to be some kind of lure that can’t be ignored. Are you thinking of changing your status from Brooklynite to San Antonian? Here are some of the reasons floating around in major publications as to why Texas has become the hot spot for people looking to relocate.

The Taxes are Lower 

Texas is one of those states with no state income tax.  That means if you are indeed relocating from a place like California or New York, you understand how big a deal that is. The coastal states have the highest state income taxes in the country. Saving another 12% (let’s just say) or so of your income could be life changing. That money could go towards car payments that you can now afford or you could spend a little more on rent every month. Whether you decide to spend it or save it, the reduced tax burden is probably very attractive to you.

Cost of Living is Lower 

Everything from the price of goods to housing is lower in Texas in comparison to the coastal states. So, let’s say you decide to relocate here; reputable San Antonio, TX  Dentists and lawyers aren’t the only ones that can afford to live in the nice houses in great neighborhoods. With relatively low home prices, you’ll be able to come in and find a great deal. If you’re interested in living in a hip, young city, Austin is perfect and cheaper than its counterparts (San Francisco, Brooklyn, etc.) If you’re moving to Texas and you’re already established in your career, you’ll find that your money will take you further.

It’s Exciting 

It’s never been more exciting to relocate to Texas. The state is practically changing before our very eyes. Demographics are shifting, industries are moving in, the economy is robust, and new faces are constantly appearing. Experts agree that being able to lure in a diverse, creative class of residents will determine how successful an economy will form. Texas is becoming more diverse and that trend doesn’t seem to be slowing down. Professionals from all over the country can call Texas home thanks to advancements in telecommuting. Now professionals can keep their jobs in New York (if they so choose) and benefit from the lower cost of living in Texas. Job growth has also been huge in Texas. Everything from food service to energy production has seen a huge boom in success and, therefore, is hiring. No matter what industry you’re in, Texas has become more attractive.

Who knows; San Antonio or Houston may be calling out to you. If you’re looking to relocate for more opportunities, then Texas may be just the place for you.

3 Things You Want To Know Before Buying a Home in Texas

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texas our texas (Photo credit: jmtimages)

For better or for worse, there remains a ton of useful and even critical information that goes unnoticed in the overwhelming pursuit of buying a home.  The information below serves to inform, warn, and encourage those looking into this option.      Whether you are more or less likely to purchase a home due to examining the material below, the hope is that you can make an informed decision.

Real Estate is Nearly the Foremost Industry in Texas

For those unfamiliar with the significance of GDP (Gross Domestic Product), it is the market value of all officially recognized goods and services produced within a certain geographic region within a particular period of time.  To give you an idea of the presence that the real estate industry has in Texas, it accounts for nearly 7.8 – 12 percent of the GDP of the entire state of Texas.  By way of comparison there are only two other industries in the state that can top that.   Of course this data was provided by the US Bureau of Economic Analysis, so I don’t know how trustworthy it is (wink).  The fact that half a million dollars of revenue is generated in other venues of Texas’ economy for every 1 million generated in its real estate is certainly revealing.   To a would-be investor, this is certainly welcomed news, underscoring the healthy nature of a decision to make a move in this direction.

Property Tax is Very High

It is not uncommon for a state to have an income tax, which typically supplies public entities such as police, schools, etc.   With Texas this is not the case.  So where are the multitudes of funds generated to maintain the various public services Texans have come to enjoy?  You guessed it… home owners.   Of course this is by no means THE source of revenue; however it is the largest source fueling public services.  Here is how it works:  You have your local taxing bodies that determine how much money they need in order to continue to make their services available.  As mentioned above these are organizations such as police, public schools, etc.  Next you have the appraisal district, which asses the value of your property.   Once the value of the home is determined then the taxable value is multiplied by the tax rate in order to determine the amount.  Should any disputes arise between the tax payer and the appraisal district, there is an Appraisal Review Board in place to handle any disputes.

There are Many Assistance Programs Available

A simple visit to a Texas home programs site could easily revel nearly a hundred different programs that are in place to make the purchase of a home a reality for many who otherwise assume they have no business even thinking about it.  There are down payment assistance, first time buyer programs, mortgage advocacy, and down payment and closing cost assistance to name a few.   Often times these programs can often be specific to a particular city e.g. Dallas, Waco, etc.  so you actually have the help of the city who certainly want to make it as welcoming as possible to become a member of the community.  Often times it is in the best interest of the cities and or counties to make these programs available, so one should never feel like they are trying to win the lottery.   There are countless numbers of homes filled with families that never imagined they would be able to own their own home.

Daniel functions as a content developer in the U.S., helping businesses grow and communities to be informed.

Pest Control Service is Like…

Health Insurance. Pest Control is an investment made to improve living conditions like getting rid of cockroaches can decrease problems with asthma and other diseases, getting rid of scorpions and spiders may also decrease the chance of getting stung or bitten. Pest control is like health insurance, it’s an investment to your health.

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