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TAYO: Texas Real Estate Market Leads Housing Recovery
1. TAYO: Texas Real Estate Market Leads Housing Recovery
(OTCBB: TAYO) performs to create a
portfolio of prime assets by way of its new
true estate division, Third Avenue
Development Corp., the state of Texas is
poised to lead the nation's housing market
place recovery.
Major the way is Texas, whose 4 biggest
metro places--Dallas-Ft. Dallas-Ft. "There is
no superior location to invest in true estate
correct now than in the state of Texas,"
mentioned TAYO CEO Scott Wheeler.
actual estate marketplace.
Third Avenue Development Corp. "The recession is a distant memory here. The business is focused
on acquiring properties in the country's best-performing housing markets in order to capitalize on
the continued recovery and development of the U.S. (NYSE: SBY), Equity Residential (NYSE: EQR),
Essex House Trust Inc. In addition, description of anyone's previous success, either monetary or
strategic, is no guarantee of results. will concentrate on investing in potentially lucrative real estate
assets to compete in a brisk market alongside American Homes four Rent (NYSE: AMH), Silver Bay
Realty Trust Corp. An incredible influx of people today drawn by the shale oil and gas boom is
making house of all sort a hot commodity in the state."
Maryland
About Third Avenue Improvement Corp.
Protected Harbor Statement below the Private Securities Litigation Reform Act of 1995: This news
release consists of forward-searching information inside the which means of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, which includes statements that include the words "believes," "expects," "anticipate" or
similar expressions. Worth, Houston, San Antonio and Austin--are all experiencing peak dwelling
values or are anticipated to peak in the subsequent year. (NYSE: ESS) and extra.
According to Zillow Real Estate Market Reports from the initial quarter of 2014, practically 20 % of
U.S. (TAYO), Third Avenue Development Corp. metro housing markets have currently surpassed
their pre-recession peak values or are close to doing so--and values continue to rise.
. Austin led the Lone Star State's best metros with a year-to-year rise in Zillow's Home Value Index
of 8.two percent over final year. Such forward-looking statements involve known and unknown risks,
uncertainties and other variables that could cause the actual results, overall performance or
achievements of the Enterprise to differ materially from those expressed or implied by such forward-
seeking statements. is constructing an emerging portfolio of true estate assets for rehabilitation and
2. rent or resale. This news release speaks as of the date very first set forth above and the Corporation
assumes no responsibility to update the data included herein for events occurring soon after the
date hereof.
http://www.businesswire.com/news/property/20140429005780/en/TAYO-Texas-Real-Estate-Industry-
Leads-Housing
Notice With regards to Forward-Seeking Statements
The explosive demand has left the provide of housing in Texas at its lowest level in practically 20
years, setting the stage for potentially huge earnings to be made by developing, rehabilitating or
upgrading existing single- and multi-family properties for rent or resale.
HOUSTON--(Organization WIRE)--As Taylor Consulting, Inc. Worth enjoyed a rise of seven percent.
For additional information on Third Avenue Development, please
visit www.ThirdAvenueDevelopment.com.
A division of Taylor Consulting, Inc