Houston Real Estate Market Set to Grow in 2011

The Houston real estate market was one of the strongest in the country last year. In 2011, it could enjoy the same distinction. This is the general consensus among many real estate and economic analysts. Here’s what people are saying about the Houston housing market in 2011.

Clear Capital, a company that provides real estate valuation services for the mortgage industry, recently released a report showing home-price projections for major metro areas in the U.S. In addition to the forecast for 2011, their report showed actual home-price data for 2010. The Houston real estate market was ranked #2 for 2011, in terms of home values. The city had another distinction as well. Only a handful of cities that experienced price increases in 2010 are expected to do so again in 2011 – Houston was one of them.

The image above is an excerpt from the January 2011 report released by Clear Capital. The red circles and rectangle have been added for our purposes, to highlight their predictions for the Houston housing market in 2011.

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