Dallas Ranks among the top 10 Recession-resistant Cities

By
Real Estate Agent with Coldwell Banker Apex, Realtors

Dallas ranks fifth among the top cities that are considered "recession-resistant" compared to many other cities in the United States.

Despite a global economic downturn, Texas paves the way alongside Oklahoma with several cities that are more likely to emerge from the economic downturn first according to a recent study by the Brookings Institution.

 While the economy appears steady for Texas cities, the report does mention that even though Texas cities have managed to stay ahead of most hard hit recession cities, Texas based cities have not yet returned to a pre-recession state of employemnt or output. 

TOP 10 Recession-Resistant cities:

1. San Antonio, TX

2. Oklahoma City, OK

3. Austin, TX

4. Houston, TX

5. Dallas, TX

6. McAllen, TX

7. Little Rock, AR

8. Baton Rouge, LA

9. Tulsa, OK

10. Omaha, NB

 It is an encouraging report!! Keep in mind that our sales prices havent been hit nearly as hard as the rest of the country either. If your considering selling or buying a home, we would love to earn your business!!

 Regards,

The Pescatore/Avrit Team

Comments (1)

Emily Medvec
eXp Realty LLC - Santa Fe, NM
Realtor | Serving Santa Fe & Northern NM

Thank you for the information on Dallas and other Texas communities named "recession resistant" cities. Your post adds proof as to why I am getting more inquiries from several Texas buyers looking for second homes or land or horse property in Santa Fe, New Mexico and our surrounding communities. Now I know why Texans are taking advantage of our Santa Fe market.

Oct 19, 2009 07:22 AM