Houston New Construction continues to grow

By
Industry Observer

 

The new construction market continues to increase, it is at a 8 month high for confidence level in November. The trend will continue through the next year as the economic confidence and job market grows. The builders continue to face labor and material shortage as well as new lots coming on very slowly in the Houston market. The low inventory level along with increase in demand will keep this trend going for the next year.

 

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If you would like some information on Sitterle Homes in Aliana

call me at 281-804-9265 or email me at ycgilbert2013@gmail.com

 

Yolanda Cordova-Gilbert on bridge

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Rainmaker
690,887
Pat Champion
Coldwell Banker Camelot Realty - Mount Dora, FL
Call the "CHAMPION" for all your real estate needs

That's awesome news for your market area I see the same in my market area. Thanks for sharing I hope you have a great afternoon.

Nov 28, 2017 02:49 PM #1
Ambassador
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Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Good news for all Yolanda. We are also seeing the same here. 
Enjoy the evening and say hi to your hubby. D 

Nov 28, 2017 03:15 PM #2
Rainmaker
2,556,126
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

That's good news for the Houston real estate market place, Yolanda.  We aren't building them fast enough here in Sacramento.

Nov 28, 2017 04:24 PM #3
Rainmaker
3,209,128
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Yolanda we are having a problem with supply and demand, biggest problem is our Building Codes and Department take a very long time to get approved...Endre

Nov 28, 2017 05:03 PM #4
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Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Yolanda, after many years of no new construction, it's a good thing for builders, home buyers, and the real estate community in general that new construction is one the rise to fill in the gaps in inventory. 

Nov 28, 2017 05:51 PM #5
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Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Oh Yolanda Cordova-Gilbert so glad to hear this . This is great news

Nov 28, 2017 06:17 PM #6
Rainmaker
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Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Yolanda

The Houston new construction continues to be very active.

Good luck and success.

Lou Ludwig

Nov 28, 2017 07:13 PM #7
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

That's terrific news Yolanda. We can use all the new inventory we can get in the Charlotte area. Contruction is ramping up but it's lagging demand much like much of the country.

Nov 28, 2017 08:49 PM #8
Rainmaker
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Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Good morning, Yolanda... same here in the Charlotte area. We need new construction to keep inventory flowing for the increase in buyers.

Nov 29, 2017 04:22 AM #9
Rainmaker
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Yolanda.  I wonder if new construction is getting a boost from those impacted by the hurricane.

Nov 29, 2017 04:48 AM #10
Rainmaker
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD

This is good information to share with families moving to the area.

Nov 29, 2017 05:14 AM #11
Rainmaker
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Curtis Van Carter
Better Homes & Gardens Wine Country Group - Yountville, CA
Your Napa Valley Broker Extraordinaire

Yolanda

It continues to amaze me how they always seem to find new land to build on. Here, things are so tight and it is so difficult to get new projects approved, building is always slow, cheers cvc

Nov 29, 2017 06:48 AM #12
Rainmaker
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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Yolanda, sure looks like buyers should visit your new construction site, and check out Sitterle Homes! 

Nov 29, 2017 07:16 AM #13
Rainmaker
2,578,382
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

That is certainly good for the position you are in and hopefully the builders continue to be fair, rather than taking advantage of a situation.

Nov 29, 2017 07:35 AM #14
Rainmaker
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Ricki Eichler McCallum
CastNet Realty - Corpus Christi, TX
Broker,GRI,ABR, e-Pro, TAHS

Hi Yolanda,  Good to hear.  New growth is always good.  Happy Holidays, dear friend!

Nov 29, 2017 08:41 AM #15
Rainmaker
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Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Good news for Houston, Yolanda. I would love to see more new construction in my area.

Nov 29, 2017 09:02 AM #16
Rainmaker
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Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Yolanda - the consumer confidence continues to grow.  This sound be a good year in 2018.

Nov 30, 2017 09:16 AM #17
Rainmaker
3,248,015
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Yolanda

The increased new home construction will a big financial driver for the Houston Texas economy.

Good luck and success.

Lou Ludwig

Dec 01, 2017 08:04 PM #18
Rainmaker
3,209,128
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

In light of all the devastation, this is clearly a good sign, hope you an Bob are going to have a wonderful weekend, Endre

Dec 01, 2017 11:21 PM #19
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