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About Houston
INTRODUCTION

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Houston is the largest
city in Texas
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Houston is the fourth
largest city in the United States
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Harris County is the
nation's third most populous county.
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The Houston - Sugar Land
- Baytown MSA is now the sixth largest in the United
States
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The City of Houston, the largest city in Texas and
the fourth largest city in the United States, is
located on the coastal prairies of southeast Texas
and is home to a diverse array of industries and
cultures. Houston is located in Harris County, the
nation's third-most populous county. The
Houston region, officially designated as the Houston
- Sugar Land - Baytown Metropolitan Statistical Area
(MSA), comprises Harris County and nine other
counties:
Austin,
Brazoria, Chambers, Fort Bend, Galveston, Liberty,
Montgomery, San Jacinto and Waller.
The
Houston MSA has a population of 5.5 million, making
it the sixth-largest metropolitan area in the
nation; combined with its zone of extraterritorial
jurisdiction, an area extending five miles beyond
the city’s boundary, the city controls 1,906 square
miles. The most urbanized portions of the
Houston area are in Harris County, the southern part
of Montgomery County and the eastern section of Fort
Bend County.
Houston is home to the eighth largest port in the
world and is in close proximity to Mexico, a key
trading partner. It has a temperate climate and an
affordable cost of living. The cost of living is
about 12% lower than the United States average and
overall housing costs are 27% lower than the
national average.
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- The Houston
economy continues to run countercyclical to the U.S.
economy despite experiencing the impact of the
national and international economic turndown.
The local economy ended November 2008 by creating
222,900 new jobs, and increase of 2.1%
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- After three consecutive years of stellar
growth, and a solid year in 2008, Houston is
predicted to show modest declines in 2009.
- The
Houston - Sugar Land - Baytown MSA posted an
annual growth rate of 2.1% during the 12
month period ending November 2008. All
Texas metro areas experienced positive
employment growth rates for the same period.
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Despite the slowing national economy, multi
housing activity in Houston is predicted to
be a steady performer in 2009 as a result of
healthy population growth, rising
foreclosures and stringent underwriting
regulations.
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