Many in Houston are concerned the city and state are becoming unaffordable, but we’re pressing Texas Lawmakers to address rising insurance premiums. Why? With each rise in home insurance premiums, many people are antsy about the cost of living in a state known for being supremely affordable. Add the recent impacts of inflation on the cost of labor and materials …
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 …
How is the Flood Insurance Reform affecting homeowners? Last year when the Biggert-Waters Flood Insurance Reform Act was passed, everyone was pleased that funding for the national flood insurance program (NFIP) would continue for another five years. Phil Hoffman, owner of Hoffman Custom Homes in Louisiana and president of the New Orleans Area HBA said, “Without that extension, we wouldn’t …
