Excerpt taken from the Real Estate Center at Texas A&M University:
Houston-Sugar Land-Baytown
Houston is Texas’ largest city and the fourth largest city in the United States. Houston was the
fastest growing city in the United States in the 20th century, according to American City Business
Journals. More than four million people live in the metropolitan area. While still a major refinery
center, Houston has managed to diversify its business base so the local economy does not follow
the drastic rise and fall of oil prices. The Port of Houston, one of the largest in the world, is the
second busiest port in the United States in terms of annual tonnage. Houston is also the site of the
battle of San Jacinto, a battle that won Texas independence from Mexico.
Real Estate Market Overview 2008
