Real Estate Trends in Houston Entering Spring
Texas’ real estate market had a year for the books in 2021. There has been an influx of domestic migration to Texas, as many wealthy residents pack their bags and choose to invest in the state. There are many different things driving people to Texas. No state income tax, low business taxes, warm weather, and great food play major roles. Another significant factor is the lower cost of living compared to states like California, New York, and Massachusetts. However, many Texas markets, like Austin, have seen their affordability take a hit. In Houston, Texas’ most populated city, prices are rising. However, it remains an affordable market compared to some of its competition.
