employment and real estate in texas

Employment’s Impact on Real Estate in Texas

The job market and real estate industry of Texas supplement each other. The Texas employment forecast looks to indicate that jobs will increase 2.4 percent in 2023. The forecast is based on an average of models that include projected national GDP, oil futures prices and the Texas and U.S. indexes. The forecast suggests that 332,500 jobs will be added in …

New Homes in Houston TX by Long Lake

Houston Job Market Booming

  In the first three quarters of 2012, 15 major office buildings were completed.   Currently there is 3.9 million square feet of office space under construction.  Over 90% is on the West side of Houston and the Woodlands (a community north of Houston). Commercial real estate sales have been fast and furious and confirm investor’s interest in the market.  The …