If there is any city that is the headquarters of the American oil industry, that city is Houston. Home to 31% of all U.S. jobs in the oil and gas industry, nearly 40,000 Houston residents rely on the oil and gas industry for their income. The current oil glut is causing serious problems in Houston jobs and real estate. Continue reading
Houston is bustling. Houston is growing. Houston is on the progressing. But is Houston really the best place to buy your first home? Continue reading
Recovery has recently been good to the real estate market, and even kinder to Texas. They say, “everything is bigger in Texas” and growth, as of late, in Houston is truly an example of that. While home prices are rising nationally, Houston is not only playing a major part in those demand statistics, but it’s simultaneously growing in supply as well. As of the spring, Houston has outpaced major cities—and even trumps all of California—for the most new-home construction nationwide. It’s both a welcomed sign and result of economic growth for the Houston metro area. Continue reading