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The economy of Houston is based primarily on the energy industry, particularly oil.However, health care, biomedical research, and aerospace also constitute large sectors. In 2021, the gross domestic product (GDP) of the Houston–The Woodlands–Sugar Land metropolitan statistical area (MSA) was 537 U.S. dollars billion, the fourth-largest of any metro area in the United States.
The National Association of Realtors (NAR) is an American trade association for those who work in the real estate industry. As of December 2023, it had over 1.5 million members, making it the largest trade association in the United States including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.
The housing market is ‘stuck’ until at least 2026, Bank of America warns. Help may not be on the way for first-time homebuyers frustrated by high mortgage rates and even higher home prices ...
H Mart is the largest U.S.-based grocery store chain that specializes in Asian-style products and caters to Asian-American shoppers. The "H" in "H Mart" stands for Han Ah Reum ( 한아름 ), the store's original name. The phrase is a combination of the Korean word "Han", meaning "one," and "Ah Reum", a transliteration of the English word "arm ...
According to Redfin, around 19% of homes had price drops as of the latest data in May 2024, whereas the year before, only about 13% had price drops. If sellers continue to be overconfident, that ...
A real-estate bubble or property bubble (or housing bubble for residential markets) is a type of economic bubble that occurs periodically in local or global real estate markets, and it typically follows a land boom. [1] A land boom is a rapid increase in the market price of real property such as housing until they reach unsustainable levels and ...
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