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Millennials set their eyes on Houston housing market

​​​​HOUSTON – According to a new Realtor.com report, the bayou city is a magnet for Millennial homebuyers.​​

The report, released on March 22, included a list of the top U.S. cities for Millennials, with Houston ranking number five.

The online real estate portal analyzed the 60 largest housing markets in the U.S., and ranked each city by the share of Millennials viewing properties on the company’s website.

In the Houston area, Millennials—particularly those ages 25 to 34 years old—were interested in Realtor.com properties located in the Heights, Oak Forest and Timbergrove, according to the website.

As one of the largest demographic of homebuyers, Millennials are now driving a transformation in Houston’s housing market toward smaller, more affordable—but quality—homes.

Skilled laborers spread thin in Austin

​​​​AUSTIN – In the past six years the number of Austin building permits has increased more than 25 percent, according to city data.

During the same timeframe, the number of construction workers increased by more than 27 percent in the Austin-Round Rock metropolitan area, according to U.S. Bureau of Labor Statistics data.

Despite an increase in the number of overall workers, many construction sites are understaffed, namely with skilled laborers who must have specific certifications or licensing before they can perform work.


Dead time is a concern for developers and business owners alike. 

The increased time to find workers not only can set a project back by months—it also affects businesses' bottom lines because they have to pay more to obtain workers.​

$36M big splash as aquatics and fitness center opens

​​​​McKINNEY – Apex Centre, located at 3003 Alma Rd., is open. 

The $36 million aquatics and fitness center in Gabe Nesbitt Community Park includes a 25-yard-by-25-meter pool for competitive and lap swimming, a leisure pool, and an outdoor leisure and recreation pool.

Apex Centre also includes a fitness facility, weight-training equipment, sports courts, an elevated track and babysitting facilities as well as multipurpose rooms that are open to the public.

© 2017 . All rights reserved. The data relating to real estate for sale on this web site is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2017-03-29.


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Hood Realty
3400 Silverstone Dr Suite 131
Plano, TX 75023
Phone: (972) 596-9112
Fax: (972) 596-9113
www.hoodrealty.com

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Hood Realty is a licensed real estate broker providing brokerage services in Texas since 2004

Hood Realty | (972) 596-9112
3400 Silverstone Dr Suite 131 Plano, TX 75023
Copyright © 2016. Hood Realty, All Rights Reserved