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Monthly Review of the Texas Economy

January 2008

by Ali Anari and Mark G. Dotzour

Texas continues to create more jobs than the nation.  The state's nonfarm employment rose 2.2 percent from December 2006 to December 2007 compared with the 0.9 percent increase for the United States.  The state's seasonally adjusted unemployment rate fell from 4.7 percent in December 2006 to 4.5 percent in December 2007.

RE/MAX Teams with News Giant on Housing Report

Through an exclusive agreement with the Associated Press, the newly created "RE/MAX National Housing Report" for the U.S. is being distributed to the news media on a monthly basis. The report for August was released on September 24, 2008. With extensive national distribution, the monthly report is bringing tremendous exposure for the RE/MAX brand.

The report is designed to fill the need for an accurate and comprehensive gauge of today's real estate market. It's unique because it provides data for all types of residential properties (single-family homes, condos and townhomes) and covers a large sampling of 60 metropolitan areas, representing all 50 states.

"We want to give the most thorough representation of the marketplace possible." says Dave Liniger, Chairman and Co-Founder of RE/MAX International. "By including entire metropolitan areas in all 50 states, we hope our report will become the most complete guide to the overall health of our national real estate marketplace."

The Associated Press will prepare news stories and informational, interactive graphics based on the monthly updates for use by its extensive broadcast, print and Internet subscribers.

"It's critical at this point in time to have the most reliable information available," Liniger says. "The consumer is anxious to know what this market is doing and where it's headed. The RE/MAX National Housing Report will provide sales, inventory and price information that can help homebuyers and sellers get through this market."

Weatherford, Texas is a small historic town about 30 miles west of Fort Worth.  It is a thriving community with a growing economy.  The Barnett Shale gas formation has helped provide jobs. Weatherford has rolling hills, oak trees, lakes, and rivers.Nearby is Mineral Wells state park, Lake Granbury, Brazos River for canoeing, rafting, and other recreational activities.  It is the cutting horse capital of the world. In July we have a week long rodeo.  The peach festival is a fun way the community gets together to celebrate all the beauty and bounty of Weatherford.  There is a 10K bicycle race, bands, food and fun.

Weatherford is just 27 miles west of Fort Worth, 45 miles from Arlington, 60 miles from Dallas  DFW international Airport is just 52 miles away, making Weatherford less than an hour away from within the reach of the world.  Interstate-20, U.S. Highway 80-180 and State Highway 171/51 are located within the city limits.

Weatherford is a close community of friendly and helpful people with a farm and ranch tradition.

Parker County Peach Festival

The festival is a handmade arts and crafts festival with stage entertainment and activities for kids and adults alike.  The festival has a wide array of food vendors and peach treats available.  Local growers are set up selling their produce, plants, preserves, as well as peaches.  Look for growers at the Main Entrance on west Palo Pinto as well as at the corner of Spring St and Waco.

20th Peach Pedal is all New!

The Peach Pedal is a joint project of the Weatherford Chamber of Commerce and the Weatherford College Foundation.  Gold level sponsers this year include Durant Toyota, Envy-A Medical Day Spa, First National Bank and Pulliam Pools.  Silver level sponsors include The Bank of Weatherford, EECU, M&P Electrical and Power Service Diesel Additives.

Shaw-Kemp Log Cabin Open House