yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News

2008 West
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
Red Hat
The Opening of Virtualization
User Environment Management – The Third Layer of the Desktop
Cloud Computing for Business Agility
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Return on Assests: Bringing Visibility to your SOA Strategy
Managing Hybrid Endpoint Environments
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
How Can AJAX Improve Homeland Security?
Beyond Widgets: What a RIA Platform Should Offer
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
Top Links You Must Click On

3 Reasons Why Houston's Housing Market Could Survive the Fiscal Cliff

LOS ANGELES, Dec. 3, 2012 /PRNewswire-iReach/ --

Houston's housing market is one of the strongest in the country, and it continues to show growth each month. Just last week, the Houston Association of Realtors reported that sales were up for the 17th straight month, and inventory shrunk to a level not seen since 2001. Plus, experts say Houston's builder confidence is at its highest point since 2006. In fact, according to the consulting firm Metrostudy, Houston-area builders have built 9% more homes during the first nine months of 2012 than they did in all of 2011. But there's a looming cloud over the economy, and it could affect the housing market as well. The so-called "fiscal cliff" could send the economy spiraling downward into another recession if Congress doesn't act fast. While experts differ on the severity of impact the tax increases and federal spending cuts will have on the national economy, local economists say Houston may not feel the impact as much as other metropolitan areas. Why? Economists from the Texas A&M Real Estate Center (located about 90 miles outside of Houston) say there are three reasons why:

Predictions for the 2013 housing market

1. Smart building

Houston certainly is not immune to the effects of a recession, but it wasn't hit as hard the last time the economy crashed. Why? Unlike other metropolitan areas around the country, Houston never experienced an overbuilding period. In those other big cities, builders continued to build homes, even though the demand for them decreased. The housing market in those cities became saturated with properties that nobody wanted to buy, and when the economy crashed, there were even fewer prospective buyers shopping the market. In Houston, it was more of a controlled growth, so the available home inventory was never astronomically-high, like it was in other places. Since Houston has a lower inventory of available homes, there will be more competition among prospective buyers to purchase homes, meaning sales prices will increase.

How home buyers can get the best bang for their buck

2. More jobs

Areas with industry-specific jobs seem to handle a recession better than towns and cities that do not. If the economy falls into another recession, Houston's housing market will still be strong because there are jobs available here. Remember, wherever there are jobs, there are home sales. Houston and the surrounding suburbs are home to many companies in the energy industry, which is pretty recession-proof. After all, regardless of how bad the economy gets, people around the country still need electricity and fuel sources. They still need heating and air conditioning in their homes, and they still need gas in their cars. If anything, a recession triggers more work in the energy industry, as researchers try to find more environmentally-friendly and cost-effective ways to provide their services.

Black friday lef to higher mortgage rates

3. Fewer foreclosures

We've already established that Houston has fewer homes available for sale and more jobs than similar-sized cities. For these two reasons alone, there are fewer foreclosures here as well. With fewer homes available, there is less of chance that someone who can't afford a home will have the opportunity to purchase one. That means a borrower defaulting on a loan is less likely to occur in Houston than in other places. Also, with steady income from a good-paying, reliable job, it's a lot less likely that homeowners will get behind on their mortgage payments. And, since builders aren't overbuilding in Houston, it's also less likely that a new home won't sell, which prevents the builder from having to eat the cost of construction. All of these reasons mean fewer foreclosures, and research from the Foreclosure Information and Listing Service supports that assumption. They report that foreclosures are down in Montgomery and Fort Bend counties, and that Harris County (where Houston itself is located) is seeing the lowest number of foreclosures since the last recession began in 2008. Less inventory, more jobs, and fewer foreclosures means the future looks bright for the Houston housing market, and those are the same reasons it should survive the looming "fiscal cliff" and possible recession -- meaning you should feel comfortable saying, "Houston, we DON'T have a problem!"

Why are the texas real estate markets are so healthy?

Media Contact: Daniel Torelli, 1-(866) 960-8649,

News distributed by PR Newswire iReach:


About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Enterprise Open Source Magazine Latest Stories . . .
Ten short years ago, Apache Hadoop was just a small project deployed on a few machines at Yahoo and within a few years, it had truly become the backbone of Yahoo’s data infrastructure. Additionally, the current Apache Hadoop market is forecasted to surpass $16 billion by 2020. This mi...
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the...
The Open Connectivity Foundation (OCF), sponsor of the IoTivity open source project, and AllSeen Alliance, which provides the AllJoyn® open source IoT framework, today announced that the two organizations’ boards have approved a merger under the OCF name and bylaws. This merger will ad...
Virgil consists of an open-source encryption library, which implements Cryptographic Message Syntax (CMS) and Elliptic Curve Integrated Encryption Scheme (ECIES) (including RSA schema), a Key Management API, and a cloud-based Key Management Service (Virgil Keys). The Virgil Keys Servic...
Fifty billion connected devices and still no winning protocols standards. HTTP, WebSockets, MQTT, and CoAP seem to be leading in the IoT protocol race at the moment but many more protocols are getting introduced on a regular basis. Each protocol has its pros and cons depending on the n...
Apache Hadoop is a key technology for gaining business insights from your Big Data, but the penetration into enterprises is shockingly low. In fact, Apache Hadoop and Big Data proponents recognize that this technology has not yet achieved its game-changing business potential. In his ...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)!

Advertise on this site! Contact advertising(at)! 201 802-3021

SYS-CON Featured Whitepapers