Though uncertainty seems to be dragging down overall U.S. economic growth, Houston seems to be defying the odds of most of the major metro markets. Statistics and information backing the assertion of a hot Houston market were presented at Transwestern's recent Trendlines, an annual event that highlights economic trends and examines various CRE sectors of the Houston market.
In addition to remarks by keynote speaker Ambassador John R. Bolton, Greg Leisch, CEO of Delta Associates (Transwestern's research arm), highlighted opportunities throughout the Houston commercial real estate market. And the broad overview points out that there is plenty of opportunity to be had.
Overall economic growth. The economy added close to 90,000 jobs (trailing Los Angeles, New York and San Francisco) and Houston's employment rose by 3.5% in 2012. A potential slowdown could be in the cards from Europe.
Read more...GlobeSt.com - Even Amid National Uncertainty, Houston is Hot - Daily News Article
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.