Houston Texas, HOT or NOT?!?

[Johann Kleisch]

I'm considering long distance investing in Houston but don't know much about the current market.

I was told that it's a hot market right now.

Now I'd like to know the facts from the BP community.  Is it Hot or Not?

Any and all info. is greatly appreciated!

Best of success to you all!

[Steve Rozenberg]

 I am going to be an expert panelist speaker at a large event in Houston on this topic.. Here are some things about Houston People do not know about.

Last year

• +23,600 jobs (.088%) Growth in Jobs not loss
  
• 2nd largest exporting port in the world, for every ship that comes in 2 go out
  
• 2 international airports in Houston
  
• 2 of the largest airlines in the world Hub'ed out of Houston (Southwest and United Airlines)
  
• Largest medical facility in the world (If it was its own city it would be the 16th largest city in the country)
  
• Fastest growing population in the country
  
• Texas is the 10th most business tax friendly state in the country and if it were to not charge a franchise tax it would be #1.
  
• 205,000 Non-Owner occupied homes in Houston
  
• 1 out of every 4 people in Houston rents
• In a down economy the rental market goes crazy because when these people lose their jobs they become renters which drives up the rent prices

Hope this helps clarify the Houston market