Houston

By Realty Partners|2017-03-13T15:54:53-05:00January 17th, 2013|News|

Where did wages increase the most in 2012? Since this is the official C21 Realty Partners blog, you may not be surprised to learn that it was none other than our fabulous metropolis, Houston (although we did tie with Seattle who also registered 4.8% year-over-year wage growth). Why did H-town lead the nation in wage growth? Just ask the folks at PayScale who track wage rates across the United States: “The largest city in Texas hosts a variety of strong industries, including aeronautics and healthcare, but the boom in the oil and gas industry has had the biggest positive impact on wages in Houston, historically.” With the Houston’s white-hot energy sector and a robust yet diverse economy that features everything from taco trucks to NASA, Houston will be welcoming many more newcomers in the near future. Given the massive new ExxonMobil campus being built just south of The Woodlands, the Houston job market will keep getting stronger. What does this mean for Real Estate? Higher wages equals more prosperity which means more demand for homes and businesses. The perfect time for natives and transplants alike to contact a CENTURY 21 Realty Partners agent.

The PayScale Index: Houston Metro Area by Quarter

A New Resident Every Five Minutes

By Realty Partners|2017-03-13T15:54:54-05:00August 3rd, 2012|News|

More and more people are calling Houston home.

Anyone who lives in the Houston Area, native or transplant, can’t help but notice the continued growth in the region despite foreign and national economic woes. The folks at the Greater Houston Partnership were able to quantify this growth in their July 2012 economic report:

“The Houston metro area added 110,000 residents over the past 12 months, more than half through natural increase, the remainder from residents moving here from overseas and elsewhere in the United States.” — the Greater Houston Partnership

To put this in perspective, that means that there is a new Houstonian every five minutes! These numbers break down into slightly less than half of these new residents moving in from elsewhere, and the remainder comprised of current residents adding new little members to their families. Either way, Houston is growing, and the reason why can be summed up in one word: Jobs. Again from the Greater Houston Partnership,

“Since June ’11, the private sector has grown by 95,600 jobs, a 4.3 percent increase over the year. Houston matched the combined job creation of Dallas-Fort Worth-Arlington (51,600 jobs), Austin-Round Rock, (4,400 jobs), and San Antonio-New Braunfels (10,500 jobs).”

Strong job growth means strong families, strong communities, and a strong housing market. With this growth projected to continue, many are deciding that now is the right time to make a move in Houston’s real estate market. If you are considering buying or selling […]

Houston

Want a raise? Move to Houston.

A New Resident Every Five Minutes