The Houston Chronicle reported at the beginning of this month about how the new construction in Houston is experiencing a second best first quarter in Houston history. This is always great news! It's good to know that amid the crackdown on sub-prime lending, Houston is still experiencing a great housing market.

Despite the slowdown, the first three months of the year were still the second-best first quarter in Houston's history for home construction at 10,727 starts. And new home closings were up by 3 percent. - Nancy Sarnoff - The Houston Chronicle

I personally find that new construction is popping up everywhere, and if you are in the market for a home, now might be a great time to buy. Since builders are now stricken with excess inventory due to a decrease in buyers for Houston, you may be able to score a fantastic deal on an inventory home.

Read the full Houston Chronicle article here.

One person has commented on this article.

(1)2009-11-06 13:26:47

I strongly agree with this post. Houston housing market is prime for the picking and if your savvy you can profit big in the game.

Written by 2mrealty (Registered)

Please login or register to post comments.