In case you missed them, here are the most popular posts for September 2013 from The Tenant Advisor.
Houston is a Healthcare City
Houston is know as the energy capital of the world and its reputation as an oil and gas town is well documented. What many outside of the region don’t know is that Houston is a major healthcare hub and home to one of the largest medical complexes in the world, The Texas Medical Center. While the energy industry has been primarily responsible for Houston’s stellar job growth and robust economy, Healthcare job growth is running a close second to the oil and gas sector … read the full article
Top Metros for Economic Growth
Real GDP increased in 305 of the nation’s 381 metropolitan areas in 2012, led by growth in durable-goods manufacturing, trade, and financial activities, according to new statistics released by the U.S. Bureau of Economic Analysis. The ten largest metropolitan areas, accounted for 34 percent of national GDP, averaged 3.1 percent growth in 2012 after growing 1.9 percent in 2011. Of the ten largest metropolitan areas, the three with the fastest real GDP growth in 2012 were … read the full article
FIRE Sector Weak in Most Markets, But Not Everywhere
The housing market correction and financial crisis took a deep toll on finance-related employment and office markets around the U.S. Yet the number of of bank failures in this recession was a fraction of what we experienced during the Savings and Loan Crisis. One major cause of the decrease in finance industry employment was not bank failures, but rather a new banking regulatory environment. A more strict and uncertain regulatory environment has caused some financial and insurance companies that are heavily engaged in real estate finance … read the full article