Successful Houston businesses recognized

Because local economies and housing markets are so closely tied together, the presence of successful small business is positive for Houston real estate.Houston's local economy continues to attract homebuyers from across the country. A number of small local business were recently recognized by Forbes Magazine as being some of the strongest in the United States.Five of the top companies recognized are based out of Houston and have had strong earnings and sales growth for quite some time.”Candidates must have been publicly traded for at least a year, generate annual revenue between $5 million and $1 billion and boast a stock price no lower than $5 a share,” the report said.Because local economies and housing markets are so closely tied together, the presence of successful small business is positive for Houston real estate. Prospective buyers in the area should consider making the transition to homeownership in the near future, as prices are expected to increase in the coming month.??During the month of September, local property values increased 4.7 percent on an annual basis, according to the Houston Association of Realtors. This was caused by a thinning inventory, but rising prices could give homeowners the incentive needed to list their homes on the market. Real Estate News brought to you by 2M Realty, a true expert in the online real estate market.

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