You want to protect your investment, and buying in a coastal environment you want to insure you are buying real estate that will…
Texas has become the second most popular state to retire to, and the baby boom retirement inflow has just begun. The baby boom represents 76 million Americans, approximately 28% of the U.S. population.
The crown jewel of the Texas coast is Mustang Island, one of the longest barrier islands in the world offering 18 miles of wonderful sandy beaches. At the tip of this island is the small fishing town of Port Aransas, which is home to some of the best fishing and birding on the Texas Gulf Coast.
The advantages of investing in real estate are many. Real estate is a great hedge against inflation. Rental properties can appreciate in value as inflation increases. Inflation is also rent friendly in that rents will increase with inflation while the mortgage payments on your property typically remain stable.
The economy in Texas has fared well in the recent economic downturn leaving a strong economy for coastal vacationers and second-home buyers. The four major Texas cities of Austin, San Antonio, Dallas/Fort Worth and Houston continuously make the list of cities that have fared best.
The growth of Texas is a long-term trend. A recent report by the Texas A&M Real Estate center, demonstrates the data to show how the next quarter century in Texas will be driven by population and job growth and that by 2030, the state is expected..
