Professor Stephen Klineberg has spent 30 years measuring the economic and demographics of Houston. His team found that Harris County residents believe the economy is slightly better than last year. However they are not very optimistic about the country’s future. Houstonians feel that local crime, air pollution, and traffic times have improved. They enthusiatebly believe that Houston is the best place to live in the United States. Houston has prospered with the influx of immigrants which added to the city’s … [Read more...]
REALTOR® Lobby Day at the Capital 2011
On Tuesday April 12, 2011 the Texas House and the Senate recognized Realtors in their Chambers. I don’t know the exact number of us who attended, but I can tell you we will be remembered. Since most of us endured bus trips of 3 hours are more, our number one priority was in getting to the bathrooms. From the minute we arrived at 9:30am till we left at 3:00pm the lines to the bathrooms stretched halfway across the building. The Houston Association of Realtors had 5 full buses With our blue circle patches … [Read more...]
Implications of the 2010 Census for TX
Steve Murdock spoke to the Texas Economic and Demographic Association about the impact of the 2010 U.S. Census. The Bureau confirmed what we all have known for years. Everyone wants to live in Texas. Texas was the fastest growing state with a population increase of 4,293,741 people or 20.6% of the total increase for the United States. Texas had a 20.6% change in growth while the rest of the United States experienced a 9.7 growth rate. Population change by region, 2000-2010 … [Read more...]
Houston Builders built 20,685 Homes in 2010
Houston Home Builders filed permits for 20,685 homes in the Houston area in 2010, representing a 5 percent drop from the total in 2009. Buyers saw mortgage assistance programs drying up, credit requirements rise, and the homebuyer tax credit expire. Permits by Region The number of housing permits filed by builders in 2010 and change compared with the previous year: BUILDER SNAPSHOTS The 10 most active builders in the Houston market ranked by the number of single family home construction permits filed in … [Read more...]
Renewals are the Energy Past
Robert L. Bradley Jr. was the guest speaker for TEDA (Texas Economic Development Association) February 17, 2011. Mr. Bradley is founder and CEO of the Institute for Energy Research in Houston, Texas. He previously worked at Enron for 16 years where he served as Director of Public Analysis. The offshore ‘Permatorium’ and Beyond The powers in the Department of Interior are going very slow in the wake of the BP event. There is a 90% difference in the number for deep water wells in existence today as opposed to … [Read more...]
Proposition One, Feb 2011 Meeting
On November 2, 2010 the citizens of Houston passed Proposition one. This amendment to the City charter allows the city to collect at least $125 million annually. The program is to be implanted by July 1, 2011. Council member Stephen C. Costello is the chair of City Council’s Flooding and Drainage committee. His background consists of being a civil engineer and drainage specialist. Rebuild Houston Street and Drainage There are four sources of funding: 1. Developer impact fees for drainage and streets 2. … [Read more...]
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