A Rising Tide in Houston SPOTLIGHT: HOUSTON In November 2017 the Houston Astros won their first World Series championship since the team was founded in 1962. It couldn’t have come Harvey, year-end numbers from the Houston Association of Realtors (HAR) came in strong, revealing a record year in terms of home sales and rental activity. BY JOEL CONE, STAFF WRITER
working tirelessly to rebuild their lives after Harvey, but overall, this clearly illustrates the incredible resilience of the people and the economy of Houston, Texas.” Dr. Ted C. Jones, chief economist and senior vice president at Stewart Title Guaranty Company, who produces the annual economic forecast for HAR, agreed that the area’s overall economy continues to be strong despite the temporary setbacks caused by Harvey.
at a better time for the city — and its residents — raising the collective spirit that was dampened just three months earlier when the flood waters from Hurricane Harvey left more than 137,000 single family homes in the Houston metro area either damaged or destroyed.
“No one could have imagined 2017 turning out to be a record-setting year for the Houston real estate market, which had weathered the effects of the energy slump only to have Harvey strike such a devastating blow,” said HAR Chair Kenya Burrell-VanWormer in the association’s January 2018 news release. “We know that many are still
Considering that affected homeowners are still in the recovery process from
MARCH 2018 | ATTOM DATA SOLUTIONS
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