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re: Dallas, Houston, & Austin on pace to build 130,000 new homes in 2017

Posted on 8/17/17 at 3:52 pm to
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75291 posts
Posted on 8/17/17 at 3:52 pm to
Where was this crazy growth 10 years ago? Seems like it all of the sudden became a hot market.
Posted by Zappas Stache
Utility Muffin Research Kitchen
Member since Apr 2009
38810 posts
Posted on 8/17/17 at 4:07 pm to
quote:

Where was this crazy growth 10 years ago? Seems like it all of the sudden became a hot market.


Low interest rates and a worldwide recession where the US is one of the few economies doing well. Foreign Investment is a big part of the current US Residential Real Estate market as is US "REIT" like investment vehicles for the residential market.
Posted by 50_Tiger
Dallas TX
Member since Jan 2016
40258 posts
Posted on 8/17/17 at 4:15 pm to
Tech and Fortune 500 companies moving their HQ's helps create a housing need in a already housing short market :(
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