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Houston Real Estate Market

Real Estate in Houston
The Houston housing market entered 2020 off of a momentous record-breaking run the previous year.
2019’s single-family home sales surpassed the previous year’s record volume by almost 5%. Main drivers include:
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low mortgage interest rates
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healthy employment growth
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stable supply of homes

Job growth is the leading indicator of real estate stability. In 2019, over 92,000 people (about 250 each day) moved to Houston because:
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1 in 3 manufacturers in Texas are located in Houston
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We’re ranked as the #1 seaport in North America
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Houston is home to over 500 tech companies
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Our city has the largest medical facility with over 360,000 healthcare professionals
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Houston has the 4th highest # of Fortune 500 companies
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35% of publicly traded oil and gas companies are located in Houston