Texas experiences stable job growth

Texas-based businesses expanded payrolls by an estimated 231,800 jobs so far this year.The Lone Star State held its ground better than many other areas following the recession and housing market collapse. As a result, Texas has one of the fastest-growing job markets in the country.A total of 44 states expanded their employment bases so far this year, with Texas in the number two position, according to data from the Bureau of Labor Statistics. The top spot was held by California.Specifically, as of the end of July, Texas-based businesses expanded payrolls by an estimated 231,800 jobs from a year earlier. This expansion could go a long way in boosting consumer confidence and giving residents the financial safety they need to make major investments, such as purchasing property.Houston real estate could be a great investment for prospective homebuyers with newly found job security. Harris County currently has a foreclosure rate well below the national average and stable home prices that aren't expected to go anywhere but up. Real Estate News brought to you by 2M Realty, a true expert in the online real estate market.

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