2011 Houston Residential Market Looking Good

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The experts agree that it is going to take a while to recover from the recession, however local job growth is expected to return in 2011.

The city will add about 30,000 jobs in 2011, for a 1.4 percent job growth. Houston can expect to add 55,000 to 58,000 jobs in 2012, for a 2.1 percent to 2.2 percent job growth.

Good news: the United States gained 150,000 jobs in October. However at that rate, it will take five to six years to return to pre-recession job levels

Forty-eight percent of all job growth in the nation last year was in Texas

Texas can expect job growth of 250,000 positions in 2011.

Did You Know That Houston:

 open and ready for business.

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Disclaimer: The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the HRIS.

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With over 30 years of listing & selling Residential Real Estate and over $100,000,000.00 in transactions closed (per the Houston Multiple Listing System) I thought it would be interesting to put my thoughts, suggestions and comments down in the form
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