The Woodlands Real Estate Blog

THE WOODLANDS, TX - Houston residents are much more confident in their local economy than consumers in other metropolitan areas. As a result, the demand for homes in Houston will likely increase in the following years.

The strong optimism felt by the majority of Houston residents is due, in large part, to the presence of the energy industry, the Houston Chronicle reports. Job creation provided by major companies such as Exxon Mobil Corp., which is moving its headquarters to The Woodlands, move that will affect real estate in The Woodlands, as the demand for homes for sale in The Woodlands will rise.

Meanwhile, the local housing market has also been a notable source of confidence. During the month of August, the average price of a single-family home increased 4 percent from a year earlier to $224,464, the Houston Association of Realtors reports. This marked 15 straight months of such gains.

The city of Houston stands as one of the cities in the U.S. with the most economical growth in the last years and a strong real estate market, making it an ideal place to buy a new home in The Woodlands or other communities such as Bridgeland and Spring.

For more information about homes for sale in Houston and The Woodlands, please contact The Woodlands realtor Luis Tamborrel at (832) 482 93 67

Source: 2mrealty.com