Kentucky Real Estate Business

Posts Tagged ‘2007’

Texas is a state located in the southwestern United States. It is the second-largest state in both area and population, behind Alaska and California, respectively. Texas is renowned for its oil reserve, energy and aeronautics industry, which have contributed a lot to its growth. Texas real estate is also on an upward trend in several cities. This has much to do with Texas’ relatively low cost of housing, its location in the center of the country, low taxation, favorable climate, and abundant supplies of oil and natural gas.
Property investors should look for Texas real estate investments in the year 2007, since the state, owing to its booming economy, is experiencing an influx of immigrants from other states. Real estate prices in Dallas, Houston, Austin and San Antonio (a few major cities in Texas), while generally rising, are still affordable. An average family home in Dallas costs around $260000, while one in Austin would cost around $200000. A similar property in San Antonio would be priced at $220000, while one in Houston would be easy on your pocket, costing around $150000.
It is observed that Texas real estate appreciates at the rate of 5 percent per year. Though the appreciation rate is not anything to brag about, the fact that Texas real estate is relatively low priced is reason enough to keep the investors interested. Bearing in mind the soaring Texas economy, long-term investments in Texas real estate are sure to reap benefits in due time.
Another significant reason as to why investors should invest in Texas real estate is the existence of TREC or Texas Real Estate Commission. The TREC is a government body, which was established in 1949 to govern real estate practices in Texas. With the presence of TREC, it is highly unlikely for a real estate investor to be duped by an unscrupulous real estate broker. This is because TREC has made it mandatory for real estate brokers and salespersons to maintain specified levels of education in order to hold a valid license to work as a real estate agent. Rules enacted by TREC are binding on all real estate agents and professionals.
In a gist, Texas real estate investment is a profitable option in the year 2007. Considering the booming economy of Texas and the presence of governing bodies like TREC, investing in Texas real estate seems like a foolproof venture.
Copyright © 2007 Joel Teo. All rights reserved. (You may publish this article in its entirety with the following author’s information with live links only.)

The Kentucky Derby is one of the most prestigious horse races in the world.  It classifies as a Grade 1 stakes race for horse that are three years old.  The Kentucky Derby is always held in Louisville, Kentucky and draws huge numbers every year.  The race is held on the first Saturday in May and is 1 1/4 miles long.  Churchill Downs is the site for the race and people tune in from all over the world to see “The Run for the Roses”.  Every year horses and trainers vigorously prepare to enter and win this anticipated race.  Many times, there are big upsets and relatively unknown horses will walk away with the purse.

The 2007 Kentucky Derby, held on Saturday, May 5, and sponsored by Yum! Brands, proved to be another exciting race to be put down in Derby history.  It featured 20 different three year old colts who all were nervously waiting for the snap to sound and for their chance to break out of the gate.  The $2 million dollar purse made trainers, owners, and bettors a bit nervous as well.

Earlier in the week it had been rainy and muddy but the sun came out on this Saturday morning as if anticipating the race as well.  The dirt was hardened and  the race was moved back to “fast” status.  As the 133rd running of the Derby, it proved to be a fine day for a race.  The two top horses going into the race were the 9-2 favorite Street Sense and the 5-1 second place horse Curlin.  Both were attempting to upset history and take home the victory.  Close behind them in the favorites were Scat Daddy (7-1) and Hard Spun (10-1).

As the race began, Hard Spun came out on top just past the grandstand by about three lengths.  At about the half mile mark and onto the backstretch, the horses bunched up to try and take a stab at the lead.  Teuflesberg, Sedgefield, and Cowtown Cat were all apart of this jumble of horses that were looking to take over the front runner.  Just behind them was Street Sense who, under the direction of his jockey Calvin Borel, watched the horses jumble up and then cut over by the rail to save some ground.  At this point, Hard Spun was still about three lengths ahead of the pack but Street Sense found an opening and surged forward to gain the lead.  The final furlong allowed Street Sense to gain some speed and he ended up winning by about 2 1/4 lengths.  He clocked a time of 2:02.17 and came out the victor.  Hard Spun came in second place, Curlin came in third, and Imawildandcrazyguy finished up the top four.

After the race, Street Sense’s jockey and trainer each had praising words to say about the horse.  Calvin Borel said that Street Sense was “the best 3-year-old I’ve ever been on in my life.” Trainer, Carl Nafzger said that “This horse has never ran a bad race.  He’s done everything he’s supposed to.  I’ve got all the faith in the world in this horse and I can’t say enough about him.”