THE WOODLANDS, TX - While many local residential and commercial markets across the country continue to struggle, Houston was recently recognized as one of the top real estate markets to watch in 2013.

According to a report from the Urban Land Institute and PwC US, a low unemployment rate paired with a heavy presence of the energy industry pushed Houston to the fifth spot on the list. This was an increase from eighth last year.

Meanwhile, Houston real estate is also expected to experience notable gains in 2013 after gaining considerable momentum so far this year. During the month of September, single-family home prices appreciated 4.7 percent on an annual basis, making 16 straight months of increases.

This development pushed average Houston home prices to $220,992. Investing in local property could prove to be a profitable investment in the near future if prices continue this upward trend.

Therefore, it is an excellent moment to by a new home in The Woodlands and other surrounding areas of Greater Houston such as Bridgeland.


" Posted by Tamborrel Bulox Team on
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