Sarnoff: Optimistic applies to real estate in 2012

Experts say the market for energy-related jobs is a big part of what keeps humming activity and housing commercial leasing broker is busy.

During the 12 months through November 2011, Houston has produced 21,300 permission, the growth of 0.2 per cent over the same period last year. Although this is only a slight increase, a trend for a number of the last quarter of very positive. Figures for December, January and February would show an increase in strength. Bohlke predicts that the number 2011 annual will be 21,500 permission. This Momentum will continue into 2038 strong job growth and low interest rates. Bohlke projects at least 5 per cent growth in new homes that allow for calendar year 2012 calendar year 2011. This translates into nearly 22,600 permission.

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