At the same time, an unprecedented influx of federal redevelopment funds and insurance monies has led to an unprecedented financial boom. Whereas Woodland and other surrounding communities have been working laborious in recent years to diversify their economies, current events within the oil markets have brought the oil trade in the realm to the forefront.
An Unprecedented Growth
Not like New Orleans, the higher Galveston area is the best source of refined petroleum products, including gasoline and diesel gasoline within the nation. So, whereas there was some stumbling within the early months following Katrina in southern Louisiana, this simply is not the case this time around in Texas. Its been a increase starting from the primary day after Ike left and nobody is offering any predictions when it is going to decelerate.
Renovating Distressed Properties
With so many properties and apartments damaged and so many employees needing a place to reside, rental charges are going by means of the roof, leaving anyone who can get a rental property on line sitting nicely within the black. The result’s that buying and restoring distressed properties is now a very profitable venture in Woodland and its outlying areas.
Scarce Residing Quarters
Nonetheless; before you hop in your automotive and race all the way down to Woodland Texas, bear in thoughts that the slim rental market additionally applies to you once you hit town. What many persons are doing who have earlier expertise with catastrophe areas are doing is arriving with a small travel trailer hooked to the back of their car.