In the latest grand accolade for the Petro Metro, Forbes predicts that within a decade Houston will be known as “America’s next great global city.”
Forbes made the prediction in its article “A Map of America’s Future: Where Growth Will Be Over the Next Decade,” part of its “Reinventing America” series.
The article breaks the country into seven major regions, including the Third Coast — of which Houston is named the capital.
“Once a sleepy, semitropical backwater, the Third Coast, which stretches along the Gulf of Mexico from south Texas to western Florida, has come out of the recession stronger than virtually any other region,” Forbes writes. “Since 2001, its job base has expanded 7 percent, and it is projected to grow another 18 percent in the coming decade.”
Forbes notes two of Houston’s major economic powerhouses — energy and trade — as two of the driving forces behind the area’s success.
In addition to Houston’s energy prominence, Forbes also notes the racially and ethnically diverse metro has the world’s largest medical center and recently surpassed New York City as the No. 1 exporter nationwide. The diversification of the region’s economy will continue to increase as the area’s wealth grows, according to Forbes.
Last year, Forbes named Houston the coolest city in which to live, and the Bayou City has racked up numerous superlatives since then.
consider custom designs or additions, such as landscaping, high-grade windows or a new roof. This can help improve the home’s aesthetics, while potentially adding value to the home. Any improvements should be practical and use colors and designs that will appeal to the widest audience. In addition, they should complement the home and its other amenities, such as building a deck or patio adjacent to an outdoor swimming pool.
offer things or terms that might sweeten the pot. For example, sellers that offer the buyer a couple of thousand dollars credit toward closing costs, or offer to pay closing costs entirely will in some cases receive more attention from house hunters looking at similar homes. In a down market, buyers are looking for a deal, so do your best to make them feel they’re getting one.
it is still important to price the home appropriately. Consult a local real estate agent, read the newspapers and go to online real estate sites to see what comparable homes are going for in your area.
Map of the New Proposed Master Planned Community in the Houston Area
