Publisher's Note - April, 2007
Publisher's Note - April, 2007
Written by John Garrett Saturday, 07 April 2007
Local news perspective vital for community’s development
If you depend on getting your news from the Internet or Associated Press, you may not realize that for the most part Central Texas is outside the real estate bubble. It seems like all of the real estate news I read talks about a slowdown.
As I read these articles, I am saddened to hear of California homeowners losing hundreds of thousands of dollars in their property values. But the real question to me is how is our local market doing? How are home sales in Round Rock and Pflugerville compared to the greater Central Texas area? How do we compare with the national sales slowdown?
When our staff writer began researching this story, she found out perhaps the only concern we should have for a real estate slowdown is the recent slump of subprime mortgages. This is an important national trend to watch because it could be the only thing to intimidate our explosive growth.
When I talk to local business owners, they are confident about our local expansion. There is a lot of investment occuring in both cities, which means these next couple of years could be good for our local economy.
One of my best resources as a business owner when I started this company was the Round Rock Chamber of Commerce. They have this “can-do” attitude, and their support and encouragement helped me move forward with the concept of the newspaper even when others said it couldn’t be done.
I attended the Greater Pflugerville Chamber of Commerce annual dinner/dance March 24. Let me be the first to tell you—things are happening in Pflugerville. There is a sense of that same “can-do” attitude running through the city staff, the Chamber, and the local business community. It is an exciting time to be a local business owner in these two communities we serve – I am glad I get to be part of a company that gets to share these good news items each month with you.
John P. Garrett
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