Doom & Gloom or Growing & Thriving?

Once again I have to comment about the
doom and gloom still being painted on
the real estate investing world offline
and online...But yet at the same time
you hear about information that I am
about ready to share with you in just
a minute, and it makes you wonder?
Which leads me to believe that all
this doom and gloom should be kept
in perspective and looked at in the
whole picture not just one part.

You may or may not have seen some
statistics last week about the fastest
growing cities. I actually saw it in
a couple of different places for I
usually view emails and/or websites with
this type of info periodically to keep
my knowledge current.

Here is a recap of the info I found:

10 Fastest Growing U.S. Cities
The fast-growing areas in the United
States are in the Sunbelt, with Texas
leading the way, according to data
released today by the U.S.Census Bureau.

Dallas-Fort Worth added more than 162,000
residents between July 2006 and July 2007,
more than any other metro area. Three
other Texas cities -- Houston , Austin ,
and San Antonio -- also were in the top 10.

Experts credit much of the growth in the
South to strong local economies and housing
prices that are among the most affordable
in the United States .

A report earlier this month by Global
Insight found that housing prices in the
Dallas area were undervalued by as much
as 30 percent.

Other areas experiencing growth included
the New Orleans area, which is recovering
from Hurricane Katrina and grew by 4 percent
or nearly 40,000 people. During the same
survey last year, the population of New
Orleans dropped by nearly 290,000 people.

Meanwhile, Detroit lost more than three
times as many people as any other metro
area -- its population declined more than
27,300. Other areas losing more than
5,000 people were Pittsburgh, Cleveland,
Columbus, Ga.,Youngstown,Ohio,and Buffalo,N.Y.

The 10 biggest gainers:

Dallas-Fort Worth-Arlington,TX: 162,250
Atlanta-Sandy Springs-Marietta,Ga: 151,063
Phoenix- Mesa- Scottsdale, AZ: 132,513
Houston-Sugar Land-Baytown,TX: 120,544
Riverside-San Bernardino-Ontario,CA: 86,660
Charlotte-Gastonia-Concord,N.C-S.C.: 66,724
Chicago-Naperville-Joliet,IL.-Ind.-WS.: 66,231
Austin-Round Rock, TX: 65,880
Las Vegas-Paradise, NV : 59,165
San Antonio, Texas: 53,925

The 10 fast-growing metro areas

Palm Coast, Fla.: 7.2 percent
St. George, Utah: 5.1 percent
Raleigh-Cary, N.C.: 4.7 percent
Gainesville, Ga.: 4.5 percent
Austin-Round Rock, Texas : 4.3 percent
Myrtle Beach-Conway- N.C.-Myrtle Beach, S.C.: 4.2 percent
Charlotte-Gastonia-Concord,N.C.-S.C.: 4.2 percent
New Orleans- Metairie-Kenner,La.: 4 percent
Grand Junction, Colo.: 3.7 percent
Clarksville, Tenn.-Ky.: 3.7 percent

Source: The Associated Press, Paul J. Weber
(03/27/08)

So, always be on the alert, look
for those opportunities and take action.

Make it a great day!