Diversified Jobs near Your Investment Property

By Alan Rosenthal

Jobs are an important factor when looking at a real estate investment. You want to buy in an area where jobs are common because no one wants to move to a place where they can’t find work. Looking at the U.S. Payroll Survey, the greatest job growth percentage during 2006 occurred in Phoenix, Arizona; Austin, Houston and Dallas, Texas; and Las Vegas, Nevada. Notice something? The greatest growth percents all occurred in Sun Belt states, where the cost of living is lower.

Let’s single out one of these high job growth areas, Dallas-Fort Worth (DFW). DFW Metroplex is the leading market in the South and the ninth largest in the nation. It has one the largest concentrations of regional or national corporate headquarters and is known as Silicon Prairie because of the great numbers of electronic, computing and telecommunication companies.

The past few years DFW has been one of the top areas in the U.S. for business and corporate expansion. In the last year or so, it landed new and expanded corporate facilities including Countrywide Mortgage, Del Monte, Home Depot, Pier 1, AutoZone, Radio Shack, D.R. Horton, Cott Beverages, Williamsoni-Dickie and Washington Mutual to name a few.

According to the Greater Dallas Chamber of Economic Development Guide (November 2006), the top 20 DFW employers, in order, with employee numbers ranging from 29,237 to 9,700 are as follows:

Wall-Mart Stores, Inc.; AMR corp./American Airlines; Dallas ISD; Texas Health Resources; Raytheon Co.’ Verizon Communications, Inc.; Lockheed Martin Aeronautics Co.; Baylor Health Care System; AT&T; U.S. Postal Service; HCA Healthcare; Albertson’s Inc.; City of Dallas; Countrywide Home Loans; Kroger Food Stores; Citigroup, Inc.; Brinker International, Inc.; TTI, Inc.; Fort Worth ISD and Texas Instruments

You want to invest in a high growth, affordable area with a diversified job base, DFW being one example. With job loss there is an exodus of people to where the jobs are. If the town is heavily influenced by one job sector and that job sector has a problem or relocates from that city, your investment property will suffer. Some examples from our nation’s past are areas where jobs were heavily weighted in energy, defense or the military. If we purchased in an area that’s primary a military town and the base is the main supply of jobs for the people, and that base relocates or closes down then real estate in that town is in serious trouble. Jobs are the gateway to our future so use them to help with your decisions for future property investments.

To learn more about how Real Estate Investments can help secure your family's financial future, go to Dr. Alan Rosenthal's website at FinancialHealthRealEstate.com where you can find more great investment information. And while you're there, please sign up for your FREE Financial Health Real Estate Starter Package full of tips, newsletters and much more. Plus, you are cordially invited to attend one of his real estate investment workshops by visiting FinancialHealthRealEstate.com/UpcomingEvents.html. For additional information listen to one of Dr. Alan Rosenthal’s investment talks at FinancialHealthRealEstate.com/InvestmentTalks.html.


Home About Dr. Rosenthal Rave Reviews Upcoming Events Credit Repair Solutions Articles and Resources Products Ask Dr. Rosenthal Schedule an Appointment FAQs Blog Contact Us	Diversified Jobs near Your Investment Property By Alan Rosenthal Jobs are an important factor when looking at a real estate investment. You want to buy in an area where jobs are common because no one wants to move to a place where they can’t find work. Looking at the U.S. Payroll Survey, the greatest job growth percentage during 2006 occurred in Phoenix, Arizona; Austin, Houston and Dallas, Texas; and Las Vegas, Nevada. Notice something? The greatest growth percents all occurred in Sun Belt states, where the cost of living is lower. Let’s single out one of these high job growth areas, Dallas-Fort Worth (DFW). DFW Metroplex is the leading market in the South and the ninth largest in the nation. It has one the largest concentrations of regional or national corporate headquarters and is known as Silicon Prairie because of the great numbers of electronic, computing and telecommunication companies. The past few years DFW has been one of the top areas in the U.S. for business and corporate expansion. In the last year or so, it landed new and expanded corporate facilities including Countrywide Mortgage, Del Monte, Home Depot, Pier 1, AutoZone, Radio Shack, D.R. Horton, Cott Beverages, Williamsoni-Dickie and Washington Mutual to name a few. According to the Greater Dallas Chamber of Economic Development Guide (November 2006), the top 20 DFW employers, in order, with employee numbers ranging from 29,237 to 9,700 are as follows: Wall-Mart Stores, Inc.; AMR corp./American Airlines; Dallas ISD; Texas Health Resources; Raytheon Co.’ Verizon Communications, Inc.; Lockheed Martin Aeronautics Co.; Baylor Health Care System; AT&T; U.S. Postal Service; HCA Healthcare; Albertson’s Inc.; City of Dallas; Countrywide Home Loans; Kroger Food Stores; Citigroup, Inc.; Brinker International, Inc.; TTI, Inc.; Fort Worth ISD and Texas Instruments You want to invest in a high growth, affordable area with a diversified job base, DFW being one example. With job loss there is an exodus of people to where the jobs are. If the town is heavily influenced by one job sector and that job sector has a problem or relocates from that city, your investment property will suffer. Some examples from our nation’s past are areas where jobs were heavily weighted in energy, defense or the military. If we purchased in an area that’s primary a military town and the base is the main supply of jobs for the people, and that base relocates or closes down then real estate in that town is in serious trouble. Jobs are the gateway to our future so use them to help with your decisions for future property investments. To learn more about how Real Estate Investments can help secure your family's financial future, go to Dr. Alan Rosenthal's website at FinancialHealthRealEstate.com where you can find more great investment information. And while you're there, please sign up for your FREE Financial Health Real Estate Starter Package full of tips, newsletters and much more. Plus, you are cordially invited to attend one of his real estate investment workshops by visiting FinancialHealthRealEstate.com/UpcomingEvents.html. For additional information listen to one of Dr. Alan Rosenthal’s investment talks at FinancialHealthRealEstate.com/InvestmentTalks.html. ©2008 Financial Health Real Estate, Inc.