New Homes in Houston TX by Long Lake

Houston is a Leader in Job Creation

The state of Texas overshadowed other states during the recession, dominated the recovery, and according to a new analysis about jobs recovered since the downturn, Houston is the strongest job creator in the nation.  On average, the 10 largest metros have recovered 98 percent of the jobs lost during the recession.  Houston, however, was the first major city to regain …

New Homes in Houston TX by Long Lake

National Housing Affordability Increased in Fourth Quarter of 2012

According to the National Association of Home Builders (NAHB) and Wells Fargo Opportunity Index (HOI), the fourth quarter of 2012 revealed a slight gain in nationwide housing affordability due to substantially low interest rates.  The 74.9 percent of homes sold between October and December were sold to families earning a median income of $65,000.  This was an increase of one …