A recent article in the Wall Street Journal titled Housing Bulls Should Try Texas lauded the Texas housing industry as being very robust, riding things out well during the housing crisis that hit most states, and makes recommendations that investors put their stock in home builders within the state, including Meritage Homes, which generates 50% of its profits in Texas, and D.R. Horton, which generates 1/3rd of its profits in Texas.
Of course we’ve talked about and highlighted both homeowners in these pages for awhile. In February we talked about how D. R. Horton built the most homes in Dallas in 2009. Last September 23 talked about Meritage Homes Champions Park community, and in January we talked about the Cinco Ranch community, where they build homes along with many other builders.
Both companies build homes across the state, both affordable and luxury homes, in the large city communities throughout the state, and being lauded as not only stable but growing companies should make home buyers feel very secure in working with them to find the home of their dreams.
See also:
Mitch writes on real estate, finance, and many other things.