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Texas Wide Open for Business

"Texas continues to garner national attention because of our state's favorable tax climate, tort reform, business-friendly attitude and low cost of doing business."
- Governor Rick Perry 

Texas Leads the Nation in Homebuilding

July 27, 2009

By The Dallas Morning News

Texas cities continue to lead the nation in homebuilding, even in the face of huge construction cutbacks.

Houston and Dallas-Fort Worth are the top markets in the country for building permits for single-family homes, based on numbers for the 12-month period ending in May.

And Texas had more homebuilding permits than California and Florida combined, according to data provided by California-based John Burns Real Estate Consulting. Along with Houston and D-FW, Austin and San Antonio also rank among the country’s 10 busiest homebuilding markets.

“Texas didn’t see the downturn in the housing market the other states did,” Lesley Deutch, a vice president at John Burns Real Estate Consulting, said Monday. “Florida and California have really pulled off their permit totals, but Texas is still high up there.” During the 12 months ending in May, almost 64,000 single-family homebuilding permits were recorded in Texas.

Top homebuilding markets
Based on single-family home building permits for the 12 months ending in May:  
1. Houston - 21,921
2. Dallas-Fort Worth - 15,115
3. Phoenix - 9,293
4. Washington, D.C.  - 7,498
5. Atlanta  - 7,100
6. Austin - 6,411
7. San Antonio - 5,271
8. Riverside-San Bernardino, Calif.  - 4,888
9. Charlotte, N.C.  - 4,810
10. Raleigh-Cary, N.C. - 4,678

Top states:  
Texas - 63,993
California - 25,766
Florida - 24,027
North Carolina - 20,292
Georgia - 13,573

Original Source