New Home News in Richmond

Houston Homes Gain $42B in Value Despite Pandemic

Written by On-Target! Marketing | Feb 2, 2021 3:42:30 PM

Want some good news for a change? Well, if you're a homeowner or thinking about buying a new home in Houston, your investment looks like a smart one. Despite the pandemic, the Houston housing market gained 8.5% to boost the overall value of homes in Houston by $533 Billion according to a recent report from Zillow.

Texas now has the fourth most valuable housing market in the United States at $2.1 Trillion and shows no signs of slowing down in 2021. In fact, Houston's housing market has gained over $272 Billion in value since 2011.

The Lakes of Bella Terra boast three amazing home developments situated at the intersection of the Westpark Tollway and the Grand Parkway, mere minutes from downtown Houston. Home buyers can expect amazing move-in ready inventory from builders like Chesmar, K.Hovanian, Perry, Partners in Building, and Sitterle. 

With lower than national average tax rates and competitive home pricing, it's a great time to look at purchasing a new home in the Houston area. For more information on available homes in our award-winning new home community, or to schedule a tour, please contact us today.