Business
Falling Unemployment, Rising Job Opportunities Keep TAYO Hot for Abilene Real Estate
Falling Unemployment, Rising Job Opportunities Keep TAYO Hot for Abilene Real Estate.
About this update from Taylor Consulting, Inc.
[{"type":"text","content":"\n \n The latest figures from Texas Workforce Commission show a fantastically low \n unemployment rate of 4% and hundreds of job opportunities in \n Abilene, Texas – ground zero for prime properties being scouted by \n Taylor Consulting Inc. (OTCBB:TAYO) ahead of a population boom created \n by oil and gas production in the Permian Basin in West Texas.\n \n \n “Abilene is part of the trifecta of cities in West Texas benefitting \n from activity going on at Cline Shale. An outstanding job market \n continues to draw in new workers and families every day. There is no \n better time to invest in real estate than right now in Taylor County, \n Texas,” TAYO CEO Scott Wheeler said. “These new jobs being created in \n Abilene are a testament to the population boom under way in West Texas. \n There are flourishing opportunities for truck drivers, welders, \n electricians, construction workers and more. This influx of residents \n drives up demand for services, infrastructure and, most important to us, \n real estate.”\n \n \n To capitalize on rising demand for real estate in and around Abilene, \n TAYO is stocking its portfolio with assets in the region. Through its \n real estate division, Third \n Avenue Development, TAYO has already acquired two prime properties \n in the town of Merkel, which is part of the greater Abilene region. The \n company announced this week that it has completed its due diligence \n toward the acquisition of another property in the area: a 10-acre lot in \n the neighboring town of Tye.\n \n \n The area’s healthy economic growth, spurred by the West Texas oil and \n gas boom, has made it a hot spot for real estate development. Earlier \n this month, Third Avenue Development signed a purchase agreement to \n acquire White \n Buffalo Property Solutions LLC, a licensed West Texas real estate \n broker, to help facilitate more potentially lucrative deals in the \n region.\n \n \n Cline Shale\n \n \n Texas is home to the Eagle Ford Shale in South Texas and Cline Shale in \n West Texas’ Permian Basin – two of the world’s largest unconventional \n resource plays expected to produce for decades. Cline \n Shale is an intensive oil and natural gas exploration \n and production region in the eastern shelf of the Permian Basin in West \n Texas...