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Every little thing in Texas is large, including true estate options. If youre taking into consideration a move to Texas, here is a primer on the state. Dallas Dallas is a massive city with a definite oil influence. There is a certain more than the top rated feeling about Dallas, but individuals are pleasant and the city has initial-rate services. Make no mistake, living in Dallas is living in a big city. It comes with all the negatives of a huge city such as visitors, but all the positives such as expert sports teams and so on. If you choose living in a big city, Dallas could be a excellent decision as real estate is surprisingly inexpensive. Austin reo properties Austin is the home of the University of Texas and one of my favorite cities. With a definite college town attitude, one can encounter an odd mix of the Wild West with the liberal attitudes of college students. The town boasts popular music festivals and, of course, an avid group of college football fans. Eternal optimist, they even think they can beat the Oklahoma University Sooners in 2005. Houston Continually in a friendly competition with Dallas, Houston is a city that stands on its own merits. These merits, nevertheless, are based on the boom or bust nature of the oil business. When issues are going nicely, Houston is abuzz and grows in leaps and bounds. When issues are going poor, the economic climate suffers and so do the folks living there. This boom or bust scenario has led to overbuilding and the city has an organized feel to it. All and all, not a private preferred, but to every single there personal. San Antonio San Antonio is the massive city with the small town feel. Unlike Houston, it is not dependent upon the oil organization, which has resulted in some cautious urban preparing. Now the eighth largest city in the United States, San Antonio is an up and coming city. Of the huge cities in Texas, I would take into account San Antonio the best general. Texas True Estate Overall, the great news is Texas actual estate is extremely reasonably priced. The typical house value in Dallas is $260,000, even though Austin comes in around $200,000. A single household house in Houston will set you back $150,000 on typical, whilst $220,000 will do the job in San Antonio. The bad news with Texas real estate requires appreciation. Texas has the lowest genuine estate appreciation rate from September 2004 to October 2005. With an appreciation rate of a small over 5 percent, not every little thing is big in Texas. Nevertheless, this might be an opportunity to get in on the ground floor, especially for a fantastic town like Austin. One would assume Texas is a take it or leave it state, but it just isnt correct. The cities are all unique and a lack of a state revenue tax makes the low true estate appreciation rates less complicated to swallow.