Houston gained the most private sector jobs in the U.S
Apparently Houston along with San Antonio, Austin, & the El Paso area have faired positively for job growth since the recession in 2007 began. Houston gained the most, 23,000 between September 2007 and September 2011. The largest job gain than any other metropolitan city in the United States as reported by the Labor Department of the federal government. In contrast L.A, Ca., lost 447,800 private sector jobs in the same period.
It’s good to be in Texas! 
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Who Is Wall Street Supporting?
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CNBC
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While you await tonight’s CNBC GOP debate, it is worth remembering that President Barack Obama is still the favorite of the financial sector.
As the Washington Post recently reported, Obama has accepted more money — more than $15.6 million — from these people than all of the Republican presidential aspirants combined (aided significantly by the fact that contributors can give to both Obama and the Democratic National Committee). No wonder Opensecrets.org ranks the financial sector as one of the five most generous industries in contributions to the Obama re-election effort. By comparison, the most successful GOP fundraiser, Texas Gov. Rick Perry, has generated a mere $2 million from the Wall Street fat cats. Obama has even gotten more campaign money from Bain Capital, the consulting firm Romney managed before becoming a presidential candidate, than Romney has. … Continue Reading
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Housing starts surged 15% in September to the highest level in 17 month
New housing starts jumped 15%, this is from MarketWatch: http://www.marketwatch.com/story/us-housing-starts-jump-15-hit-17-month-high-2011-10-19?siteid=bnbh
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Houston-Area Home Sales Rise For A Fourth Straight Month
Single-Family Homes Update For September
September sales of single-family homes in Houston totaled 4,635, up 16.9 percent from September 2010. This marks the fifth increase of the year following an 8.5 percent gain in January, 1.3 percent rise in June, and 15.2 and 28.3 percent increases in July and August, respectively. On a year-to-date basis, sales are ahead 3.2 percent.
Broken out by segment:
September sales of homes priced below $80,000 rose 11.4 percent; sales of homes in the $80,000-$150,000 range climbed 21.8 percent; sales of homes between $150,000 and $250,000 were up 18.7 percent; sales of homes ranging from $250,000-$500,000 jumped 26.8 percent; and sales of homes that make up the luxury market—priced from $500,000 and up—advanced 2.3 percent.
Lease Property Update
September saw continued elevated demand for lease properties throughout the Houston market. Single-family home rentals rose 17.4 percent compared to one year earlier and year-over-year townhouse/condominium rentals jumped 30.0 percent. HAR has reported for several months that this demand has been largely fueled by steady improvement in local employment numbers, with REALTORS® observing a surge in consumers relocating to Houston from around the U.S. The Texas Workforce Commission recently reported that the Greater Houston area gained 65,000 jobs from August 2010 to August 2011, a 2.6 percent increase.
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Former Houston Cookie Factory Turned Into Lofts
New
rental lofts are open and ready to move in near Minute Maid Park on the east side of downtown Houston, featuring exposed brick walls and 20-30 foot ceilings and modern amenities. Located at 15 N. Chenevert.
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Condos Are A Different Housing Animal
If you are looking to down size, condos are worth looking into.
There are many characteristics of a condo you probably want to investigate and get up to speed with before you take the plunge.
Featured property: 
1621 Heights Blvd #13
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Top Cities for High Growth
Austin, San Antonio, Houston round out the top 5 cities in their list of top ten high growth cities as reported by Forbes with Charlotte NC coming in the 4th position.
http://www.forbes.com/pictures/edgl45fkm/no-1-austin-texas#content ♥
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Housing Trends E-Newsletter
First Post by Driscoll
Setting up my first post here is a tad bit confusing, learning on the job as it were. Hope this is something that folks can relate to down the road. I intend to help folks get acquainted with the Big H, Bayou City, or sometimes known as “Space City”. I’m also on FBook and I’m on LinkedIn as well.
Crazy stuff to see in Houston