Houston Voted #1 in the top 10 predictions for Healthiest Housing Market 2013

Posted by Erika McCann on Tuesday, January 15th, 2013 at 7:44pm.

According to Trulia's economist Jed Kolko when asked what his predictions are for the top ten housing markets in the U.S, he ranked Houston as #1 and 3 others in Texas in the top 10 (San Antonio, Austin, and Fort Worth) with Houston and Austin having some of the fastest job growth in the country. For his rationale behind picking the cities that made the list, Kolko explained: “The healthy markets that made the list have strong job growth (Bureau of Labor Statistics), which bodes well for housing demand; low vacancy rates (U.S. Postal Service)–low enough to encourage new construction, but not so low that inventory and sales are restrained; and low foreclosure inventory (RealtyTrac), since foreclosures tend to hold back recovery.”
 

Erika McCann

Broker/Owner

www.McCannProperties.com

Direct: 832-244-0029

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