Houston Real Estate Information
Houston is the fourth-largest city in the United States and the largest within the state of Texas. Commonly referred to as the energy capital of the world, Houston is home to an estimated 2.2 million people and is the economic center of the Houston-Sugar Land-Baytown metropolitan area. A heavily developed commercial city, several energy, manufacturing, aeronautics, transportation, and health care sector businesses have headquarters or major offices in Houston. In fact, only New York City is home to more Fortune 500 headquarters than Houston.
Six supermajor energy companies maintain a large base of operations in the city. Houston is the international headquarters of Exxon-Mobil, the national headquarters for Shell Oil and BP, and major offices for Chevron, Citgo, Apache, and Horizon Wind. The Port of Houston ranks first in the nation for international waterborne tonnage handled and is second in the nation for total cargo handled.
The city is also commonly referred to as “Space City” because of the Lyndon B. Johnson Space Center that is located locally. The facility is home to most NASA operations and is the mission control center for all American space flights and missions. This has led to the common phrase, “Houston, we’ve got a problem.” Area properties and their owners embrace this heritage as they do the diverse cultures of Houston. The annual Houston Livestock Show and Rodeo is one of the area’s most attended events as is the Houston Pride Parade, Houston Greek Festival, Houston Auto Show, the Houston International Festival, and the Bayou City Art Festival.
Houston is one of the best-connected cities in the nation when it comes to air travel. With operations split between cross-town airports, Houston is home to several airlines and is served by carriers from around the world to destinations across the globe. Owners of area real estate appreciate being able to easily reach a nearby airfield and fly non-stop to most essential places quickly and efficiently. The Houston – Hobby Airport is served by only domestic carriers and is a focus city for national low-cost giant Southwest Airlines. The Houston – George Bush Intercontinental Airport is the international airport for the city and is the major hub for Continental Airlines. Destinations as far away as Tokyo, Frankfurt, Paris, and Buenos Aires are all served non-stop daily.