Despite losses in the oil and energy sectors and with home prices above their historic peaks, the Texas housing market remains strong.
The recent CoreLogic Market Condition Indicators suggested that Texas had the most overvalued markets among the 100 regions in the U.S., HousingWire reported. With six of the top 10 metro regions landing in the list of areas with a percentage of home prices relative to the long-run sustainable level, the numbers seem to indicate the potential for a bubble.
Building your own home comes with a variety of benefits. Not only can you finally live in your dream home, but you also get to include special features and the latest technology available.
A continued trend in the housing market is the prevalence of homebuilders utilizing green home construction, and many industry watchers do not expect this trend to end anytime soon. According to a McGraw Hill Construction study, Green Multifamily and Single Family Homes: Growth in a Recovering Market, 62 percent of single-family builders and 54 percent of multifamily developers constructed 15 percent of their buildings by green standards in 2014. In addition, 19 percent of single-family builders constructed a whopping 90 percent of homes to green standards. For a building to qualify as green, the construction and final structure must meet a series of rigid requirements outlined by green building standards.
