What’s in store for some major markets in the rest of 2017
If you haven’t heard, there is a homebuilding boom on in Texas. Not just a little uptick, but a full-blown BOOM. Of the top five 2017 homebuilding markets — according to recent Trulia research based on building permit data —- three are in Texas. Dallas (#1), Houston (#2) and Austin (#5 behind New York and Atlanta) have enjoyed steady increases in job growth and very healthy post-recession housing appreciation, with housing starts trending well above historic averages. Among those three top Texas metro areas, 130,000 new home starts were on track for 2017. That number equals more than 10 percent of all U.S. homebuilding permits, and the combined starts of nearly 50 other big U.S. metro areas.