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Single Family Home Sales-HAR February 2012

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2011 Annual Market Report, Houston Association of Realtors

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Where the Jobs Will Be-Houston at #3

From Forbes Magazine: Manpower surveyed the top 100 communities in the US  for general sentiment from those employers what their plans for employing in first quarter of 2012.

The results can be found here: http://www.forbes.com/sites/susanadams/2011/12/13/where-the-jobs-will-and-wont-be-in-2012/

Good news for Houston, Texas as it has been throughout 2011.  I suspect the rental markets will be good and getting better throughout ’12.

Call me if you are interested in more news for the housing market here in Houston.

 

image1edited 300x200 Where the Jobs Will Be Houston at #3

Gae Bowman/Driscoll Bowman

Driscoll Bowman @ 713-553-4771

 

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Houston Assoc Realtors Oct. 2011 stats

Sold Hse 300x116 Houston Assoc Realtors Oct. 2011 stats

From Ted Jones, economist at Stewart Title Co.:   Houston–the Teflon® Economy and Real Estate Markets—A Few Scratches, But the Bad Stuff is Not Sticking and We Keep on Cooking | Inside Policy & Politics | a Chron.com blog http://bit.ly/s80zy5

CATEGORIES

October 2010 October 2011 PERCENT CHANGE
Total property sales

4,420

4,815

8.9%

Total dollar volume

$867,182,719

$961,640,986

10.9%

Total active listings

53,039

46,674

-12.0%

Total pending sales

2,821

3,092

9.6%

Single-family home sales

3,741

4,080

9.1%

Single-family average sales price

$206,165

$208,506

1.1%

Single-family median sales price

$150,000

$150,000

0.0%

Single-family months inventory*

7.7

6.6

-14.1%

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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!  Happy Birthday hookem 206x300 Houston gained the most private sector jobs in the U.S

 

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