Houston’s real estate market has been on fire in the past, and 2014 looks like it will be even better than before. The Urban Land Institute recently ranked Houston the No. 2 market to watch in its “Emerging Trends in Real Estate 2014” report. That’s up from No. 5 in 2013. There are many great areas in Houston to live in, including the Woodlands, Inner Loop, and Sugar Land.
The Woodlands features a beautiful montage of living at its best. In this beautiful city you will find magnificent homes, winding nature trails, parks, shops and places of worship. There are also many entertainment venues including two movie theaters, over 150 restaurants, dancing waterfalls with music, and the Cynthia Woods Mitchell Pavilion, summer home of the Houston Symphony and catering for many large acts (rock bands to classical). Another attraction of the Woodlands is Market Street, which is an old style “Main Street” pedestrian shopping district, home to a movie theater and a variety of shops and restaurants. Most schools in The Woodlands have the honored rank of an exemplary school, the highest school ranking in Texas.
Sugar Land is located in Fort Bend County, 20 miles southwest of downtown Houston. It is one of the most affluent and fastest-growing cities in Texas. Not only has the area grown more than 158% in the last decade, but in the time period of 2000 – 2007 Sugar Land saw a 46.24% job growth. Residents of Sugar Land have a large array of shopping, dining, and local entertainment options within their community. Other features include year-round golf, major museums, theatre, symphony, and saltwater, freshwater, and off-shore fishing that are all in close proximity. Another benefit to residents who live in this area is Houston’s unsurpassed economic opportunity.
The Inner Loop area is made up of the cities of Bellaire and West University, as well as those parts of Houston located inside Loop 610. Bellaire has the old charm of an inner city neighborhood with an abundance of tree lined streets and sidewalks that make its real estate very valuable. The City of Bellaire has property zoned for light industrial, commercial, and mixed-use residential and commercial uses. Bellaire also has some high-rise office buildings along Interstate 610. West University is nicknamed “The Neighborhood City”, and as of 2011 is the fifth highest fraction of households with incomes of $150,000 or greater. The city’s civic-minded citizens and small town government, combined with a proximity to major business, educational, cultural and scientific centers, have contributed to a steady increase in property values.
There is no question that Houston’s real estate market is hotter than ever, and this is expected to continue throughout all of 2014. For anyone thinking of moving to Houston, now is the time, and there are many great areas to choose from.