Map: Where new luxury homes are selling the fastest in the Houston area
The neighborhoods with the fastest-selling new home construction are different than they were a decade ago.
The neighborhoods with the fastest-selling new home construction are different than they were a decade ago.
Davis, a senior vice president for Meyers Research, a company that serves the homebuilding industry, questions the logic of the city’s new building regulations that require new construction in flood plains to be elevated two feet above the 500-year flood plain, while many existing homes will remain at the level they were before the storm.
HOUSTON, April 24, 2018 /PRNewswire/ — Meyers Research, a premier consulting practice and the housing industry’s leading provider of rich data for residential real estate development and new home construction, announced the results of an extensive study of the effects of Hurricane Harvey on over 960 Municipal Utility Districts (MUDs) in the Houston area. The study was commissioned by the Association of Water Board Directors – Texas, a statewide educational and advocacy group for utility districts in Texas that exists to educate these volunteer directors on the latest technology, laws and rules that will affect their daily operations of their districts.
The results of our study show that:
MUDs have long been recognized for helping Houston house its residents affordably; during Harvey and its aftermath, these districts also demonstrated they are reliable and financially sound providers of critical infrastructure to Houston-area residents.
A copy of the full study may be found at www.awbd-tx.org under the HURRICANE HARVEY REPORT tab.
About Meyers Research
Meyers Research, a Kennedy Wilson Company, is the housing industry’s leading provider of rich data for residential real estate development and new home construction. Headquartered in Costa Mesa, CA, the company has developed an innovative Zonda iPad application geared for homebuilders, multi-family developers, lenders, and financial institutions to analyze the latest housing market trends, and inform the strategic thinking behind its premier consulting practice.
Davis singled out Brazoria County as a place seeing some of the strongest growth in the region thanks to a boom in petrochemical plants.
Scott Davis reports in Houston Chronic a precipitous rise in that single-family rental market. Suburbia, often associated with for-sale signs, mortgages and homeowner associations, is increasingly becoming a place for renters.
Scott Davis featured in Houston Chronicle, is helping Texas study the impact of Harvey flooding on the properties within Houston-area water districts to compare devastating damage.
Our Senior VP of Advisory, Scott Davis, had to wade through chest-deep water when his home flooded during Hurricane Harvey. In stark comparison, his neighbor’s new home remained completely dry. Listen to Scott’s story about why brand-new homes are safer:
Hurricane Harvey left almost 13,000 homes in Brazoria County with water damage, but the county’s thriving economy likely will mean a relatively short recovery time. (Subscription Required)