The Dallas Morning News Texas View column. (22-AUG-05) The Dallas Morning News (Dallas, Texas) (via Knight-Ridder/Tribune Business News)

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AccessMyLibrary Browse T The Dallas Morning News (Dallas, Texas) (via Knight-Ridder/Tribune Business News) AUG-05 The Dallas Morning News Texas View column.

The Dallas Morning News Texas View column.

Publication: The Dallas Morning News (Dallas, Texas) (via Knight-Ridder/Tribune Business News)

Publication Date: 22-AUG-05

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Byline: Angela Shah

Aug. 22--REAL ESTATE INVESTMENT IS FINDING A HOME IN TEXAS: A different sort of California gold rush could boost the Texas economy.

Whether it's relocating corporate headquarters such as Fluor Corp., cash-flush retirees or simply investors seeking opportunities, the capital flowing to Texas real estate could herald a boom.

"Real estate investment is certainly a vote of confidence on future activity," said Fiona Sigalla, a Federal Reserve Bank of Dallas economist.

Certainly, a low cost of living has always attracted outsiders to Texas. But the boom lifting home prices in California and on the East Coast by...

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