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Hedley Karpas

Martha Turner Sotheby's International Realty

Hedley Karpas's Residential Real Estate

With over 30 years of listing & selling Residential Real Estate and over $100,000,000.00 in transactions closed (per the Houston Multiple Listing System) I thought it would be interesting to put my thoughts, suggestions and comments down in the form

2011 Houston Residential Market Looking Good

December 14th, 2010

The experts agree that it is going to take a while to recover from the recession, however local job growth is expected to return in 2011.

The city will add about 30,000 jobs in 2011, for a 1.4 percent job growth. Houston can expect to add 55,000 to 58,000 jobs in 2012, for a 2.1 percent to 2.2 percent job growth.

Good news: the United States gained 150,000 jobs in October. However at that rate, it will take five to six years to return to pre-recession job levels

Forty-eight percent of all job growth in the nation last year was in Texas

Texas can expect job growth of 250,000 positions in 2011.

Did You Know That Houston:

 open and ready for business.

Martha Turner Sotheby's International Realty
50 Briar Hollow Ln Ste 700W, Houston, TX 77027   Get Directions
Phone: (713) 520-1981
Fax: (713) 520-8628