FORECAST: HOUSTON COULD LEAD IN HOME PRICE APPRECIATION
HOUSTON (Houston Business Journal) - According to a new report from Veros Real Estate Solutions, Texas could lead the nation in home price appreciation over the next year.
Houston-Sugar Land-Baytown is expected to post the strongest home price appreciation of any U.S. city with a 3.8 percent increase in home prices, the report showed. Dallas and Amarillo ranked second and third with 2.7 percent, while Beaumont-Port Arthur landed at seventh.
Houston's relatively low unemployment - 8.7 percent in August - contributed to the city showing an increase in home prices in the third quarter, and that trend should continue, the report indicated.
Marilyn Wier ABR, CIPS, CLHMS, CRS, GRI, SRES
RE/MAX Space Center 1150 Clear Lake City Blvd., Suite 100
Houston,TX 77062
Mobile: 713-542-8451 Tel: 281-204-1015 Fax: 281-488-2264
Email: Marilyn@relo2houston.com
Web: www.Relo2Houston.com
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