Real estate markets follow an ebb and flow dependent upon the variables of local economy. In Houston, where the ebb is currently ebb-ing very hard, job growth has come to screeching halt compared to the rest of the country.
- Job growth in Houston is 0.2 percent so far this year.
- National growth is an estimated 1.8 percent.
- Phoenix currently has the strongest growing job market, with a 3.6 percent year-over-year rise in June.