Houston is the most popular city in Texas and the largest city in the Southern United States recognized in the world for its energy industry. The Houston Real Estate Industry is a robust industry that has put Houston on the map of the country. Houston’s housing market appears to be withstanding the oil slump. Single- family home sales amounted to 8,147 in July 2015, increasing by 6.7 percent from July 2014. Total sales in properties have also increased by 6 percent year over year to 9,653, while the total dollar volume went up 11.9 percent to $2.69 billion. Supply continued to increase, with total active listings up 12.7 percent year over year to 33,679. HAR Chair Nancy Furst commented that “the strength of Houston’s housing market continues to thrive because of the diverse local economy despite concerns about falling oil prices and layoffs in the energy industry this year.

The real estate has adapted to a series of trends that impact the society and the global economy as a whole. The following were the listed trends for real estate for 2015:
• 18-hour cities being put up.
• The changing age groups.
• Labor markets trending to a tipping point.
• The interrelation between real estate and technology has intensified.

  LinkedIn postulates that the CBRE Groupthis year named Cody Armbrister to lead the commercial real estate market in Houston, as the senior managing director. The CBRE is a Los-Angeles based firm which is the largest Houston area commercial real estate brokerage firm because of its 119 local licensed professionals as of January this year. In other news, the Krueger Real Estate is establishing a unique model that enhances agent retention and customer satisfaction. It takes care of most duties that a realtor is responsible for, and uses a client relation management system to keep track of clients. This approach seems to be working, since in his first year of operation he made a total of $27 million in home sales and this year making a total of $65 million.

The Houston real estate has also contributed to employment in such a positive way. In 2013, Houston was recognized as the number 1 leading U.S city for job creation. Apto Inc. commercial real estate brokerage App Company recently closed an $8 million Series B financing round, with contribution from Houston-based Mercury Fund as a follow-up to Apto Series A that it led in 2014. This contributes to employment since Apto plans to hire around 150 people. The Greater Houston Partnership Annual Employment Forecast still expects that the metro area will add thousands of jobs in 2015 alone.

The Highland Village Shopping Center is a mixed-use center built in the 1940s by S.N Adams and has been currently owned by Haidar Barbouti’s Highland Village Holdings since 1991. Haidar Barbouti has been the primary force in the real estate investments of the Barbouti family. His expertise and experience in the commercial property field, has guided the acquisition of numerous real estate investments both in Houston and in the country.