Arlington and Mansfield Home Sales Consistent
Against all odds as far as the nation’s real estate industry is concerned, Arlington and Mansfield Texas home prices in December increased by 3% compared to 2008 figures. The S&P Case-Shiller home indices showed that this market, already a strong one, did well at the close of last year.
The significance of this information is huge. It shows that the Arlington and Mansfield Texas housing market has maintained its growth and stability. Area real estate firms are being kept busy by the steady influx of new residents that have been drawn to the area by its strength and resiliency in the wake of the nation’s worst economic period.
While commercial sales are a little slow right now, some projects are still moving forward. For example, Fort Worth’s 67-acre Renaissance Square shopping center promises approximately 400,000 sqft of retail space and already has business tenants lined up. The center will include a 63,000 sqft grocery store that will serve thousands of area residents.
It is clear to see why this region attracts so many smart, talented and forward-thinking professionals and their families. Businesses also recognize the value of the Arlington and Mansfield Texas area. They have a good pool of educated and experienced individuals to hire for open positions and to help contribute to the future growth of the companies.
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