Best Texas Songs: The Short List If you're new to Texas, you better know Texas music. If you grew up in Texas and you don't know at least these or Pat Green, Dixie Chicks or T Bone Burnett, may a horned toad snuggle in your boots and a Texas tarantula crawl across you when you sleep. Full Story » Alan Nelson
Out of 26 million Texans, you may have an idea to change the world. You may have had several ideas to change the world. But only a tiny minority of you pushed through the U.S. Patent office from application to successful patent. We've seen Texans change the world many times over. Jack Kilby did it with Texas Instruments in 1958 with the integrated circuit, causing the start of the digital revolution, which, in part, is why you can read these words over your electronic device.
Over the last few years, Texas Business has brought its feature: Texas Business Patent of the Day. This list is of the ones that were either extremely clever, odd or strange. One thing becomes apparent from these patents and the patent that runs daily in Texas Business—Texans have a unique mind set.
Though the history of the Corn Dog is disputed, the State Fair of Texas claims to have introduced the Corny Dog sometime between 1938 and 1942. As a paean to that invention that now sits in the freezer section of every grocery store in the southwest, here are the fried foods the State Fair of Texas has introduced, or tried to introduce, in the last seven years.
Don't get caught up with John Wayne religion. For one thing, he's not Texan. He's in some fine movies involving Texas, most notably The Searchers, but none of his movies can make the best cut of Texas movies. Here's the short list.
Unsung Texas Business Journalists Mention that one is a reporter, and there's a spark of interest. Mention that one is a business news reporter, and watch the eyes glaze over. Except to the players, business and economic journalists are unappreciated. While many wish to become sports reporters when they grow up, most do not realize that business journalists cover the Real Game. Mention that reporter covers business, and watch the eyes glaze over. A toast to these below on the short list and the numerous unnamed ones slogging away. Full Story » TexasBusiness.com
Best Texas Mexican Food: The Short List No, we're not going to debate the difference between Tex-Mex, Mex-Tex, Mexican and Texican food. Just know these establishments are the pinnacle of Texas Mexican fare. No brag, just fact. Full Story » TexasBusiness.com
Best Texas Burgers Texas Burgers. . While a hamburger is merely sustenance and gratification for a meal, the memory a good Texas burger can give rise to Homeric odes. The short list. Full Story » TexasBusiness.com
Texas Business reports: COLLEGE STATION--More indicators support theconclusion that the Texas housing market has recovered. One of those is the annual dollar volume of home sales.
In 2011, reports to the Real Estate Center at Texas A&M University put total statewide home sales at nearly $40 billion. That is about the same amount reported in 2004.
“Sales volume has stabilized around $40 billion for the past three years,” said Center Chief Economist Dr. Mark Dotzour. “Indications are that 2012 will show a substantial increase.”
The inventory of Texas homes for sale is another indication the residential market has stabilized.
“If there’s an excess of homes for sale, prices trend downward,” said Dotzour. “When inventory is smaller, prices rise.”
The number of homes for sale depends on the time of year. More homes are for sale in the spring and summer.
The Texas housing inventory peaked at 31,431 listings in June 2006. Five years later, the total was 21,771 — down 31 percent.
“Month’s inventory” is a third way to measure housing inventory.
“If you have ten homes on the market, and you sell two each month, you have five months of inventory,” explained Dotzour. “Previous Center research has determined a balanced market is about 6.5 months.”
When the inventory is less than 6.5 months, prices rise more quickly. When inventory exceeds 6.5 months, prices begin to moderate.
“The danger of falling prices comes into play when inventory gets into the nine to 11-month range,” said Dotzour.
Texas’ housing inventory was less than 6.5 months for the first eight years of the 21stcentury. At the same time, housing prices were rising.
In May 2008, Texas’ housing inventory rose to more than 6.5 months; it stayed there through November 2011. Since then, the inventory has hovered around six months.
“This is a clear sign of relative strength in the price of Texas homes,” said Dotzour. “Remember that home prices can vary dramatically from city to city. In fact, prices can vary widely in neighborhoods of the same city.”
Dotzour said “it is possible that prices could continue to be soft in pockets around the state, but the economic foundation of a recovery in residential real estate is being laid.”
The Texas News Scrawl is a handy reference to stories Texas Business recommends from other news sources. Some of the stories that Texas Business currently suggests include: Texas regulators not aware of potential CFTC manipulation probe,Irving spends incentive dollars to lure two corporate headquarters and almost 2,000 jobs;Hotels, restaurant operators prep for record Final Four;Star-Telegram presses roll one last time; Robert Rodriguez breathes new life into an old vampire favorite; ClubCorp buys Prestonwood Country Club in Dallas and Plano; Office Depot overcharged Dallas by up to $3.6 million, city auditor finds; Texas power market monitor resigns amid unresolved reform debate; and more.