Houston Homebuilding To Churn Until 2018
April 4, 2014
HOUSTON – Houston has more new home construction than any other city in the nation and the building boom is going to get even more intense in the next few years, before some softness occurs in 2018, a national housing consultant predicts.
“Construction is growing much faster here than anywhere else and the economy is much stronger than anywhere else,” says housing consultant John Burns, who heads Irvine, Calif.-based John Burns Real Estate Consulting.
Houston had more new-home starts last year than the entire state of California, he says, and it will continue to be the nation’s top spot for building for a long time. “I think it’s going to last for quite some time because Atlanta and Phoenix are the only two that are challenging and they are way behind.
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This post was written by Sandcastle Homes