Tuesday, April 20th, 2010Edwards Abstract and Title Co. has taken the lead in providing the latest economic data affecting the Valley’s economy. The 6th Annual State of Real Estate was held on Friday, January 22 where almost 230 real estate professionals were in attendance.
The Forum was headlined by national economist Dr. Ted C. Jones, PhD, Senior Vice President and Chief Economist for Stewart Title Guaranty Company. During his presentation, Dr. Jones informed the group that the McAllen-Mission-Edinburg MSA was one of only 15 out of 366 metropolitan statistical areas that had job growth from November 2008 to November 2009. The McAllen-Mission-Edinburg MSA ranked 6th best in the country out of 366 MSAs across the nation.
Dr. Jones also reported that the according to Campbell Surveys, a division of Campbell Communications, during the first seven months of 2009 an estimated 610,000 homes were sold due to the $8,000 First-Time Homebuyer Tax Credit.
Congressman Ruben Hinojosa was invited ...
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