South Texas (PRWEB) November 12, 2013
Numerous employment opportunities, affordable land and low taxes are only three of the reasons why half of the country’s fastest-growing cities are now in Texas, reports Texas Republic Properties. According to the firm, which specializes in South Texas ranches for sale and properties in the Eagle Ford Shale areas, the state has been experiencing a constant and substantial influx of people during these last few years.
The steady growth of the cities in the state has attracted more and more people into its fold. The boom experienced by the oil and gas industry in Texas has resulted in a large number of jobs becoming available for anyone who lives in the area or is willing to move there to take advantage of the strong economy. Realtor Philip Vaughn, who co-owns the company with broker Texas Moore and is an expert in acreage for sale in South Texas, reports that much of the new growth can be attributed to the Eagle Ford Shale.
“The Eagle Ford Shale is a 400-mile by 50-mile rock formation that lies under much of South Texas that is fast becoming a major oil and gas producing site,” says Vaughn. “It is comparable to the oil shale discovered decades ago in Saudi Arabia and is already projected to produce 1.09 million barrels per day (bpd) this November, so this will definitely have a huge impact on the economy on a global scale.”
Vaughn shares the other reasons for Texas cities’ rapid growth. “Robust employment opportunity leads the list,” he says, “closely followed by cheaper cost of living, affordable real estate and lower taxes.”
In addition, people who were born and raised in Texas also tend to stay put. Vaughn and Moore cite an article published by the BBC earlier this year, which states that Texas “is the ‘stickiest’ state in the country.”
“A lot of native Texans just don’t feel the need to leave,” adds Moore. “And why would they? Our state contains some of the very best places to live, work, and start a business in all of the United States.”
The state’s economy is further bolstered by other high-growth industries like manufacturing, technology and business services. Texas’ relatively low cost of living also contributes to the overall quality of life of its residents.
“In Texas, your dollars go a longer way than they would in other high growth areas in the country,” says Moore. Less stringent tax rates also ensure that employees take home a higher percentage of their earnings than they would in other areas with comparable growth.
“We at Texas Republic Properties are passionate about making sure that our clients get the best value for their money, whether they are looking to invest in the area or trying to find a new owner for property that they currently own. Our clients can count on us to provide them with guidance in making the best choice for them,” says Vaughn.
“Texas Republic Properties is all about helping our clients examine all the options available to them and make a decision on which property best suits their needs,” adds Moore. “We can help you invest in real estate in the Eagle Ford Shale areas, explore your options in Atascosa County land for sale and so on.”
For more information on Texas Republic Properties’ services and the real estate market in South Texas, visit their website at http://www.republiclands.com or contact either Philip Vaughn or Texas Moore directly.