As of June 2015, Millennials are the biggest age group most likely to purchase a home this year. This has been expected for a while since the 25 to 34-year-olds population has grown to 43 million and counting. It’s typically that time of one’s life that most Americans prepare to buy their first homes, and in a letter to Millennials, Realtor.com suggests that there’s substantial opportunity costs for young people who wait to purchase a home.
America’s largest congregation is expecting a celebrity guest - Morgan Freeman, the Hollywood actor who played the voice of God in the movie Bruce Almighty. Mr. Freeman is starting a new National Geographic series titled “The Story of God,” and will be filming a documentary on the biggest theological concept known to man.
Millennials are loving Houston - and it’s easy to see why. Houston’s become a magnet for young professionals looking for great job opportunities. Its lucrative careers in healthcare and energy have been primary attractors, and even with the recent oil slump, the city still has optimistic employment prospects for this year’s third quarter.
Something big is coming to Houston’s Energy Corridor, and it’s not another oil and gas behemoth’s office. Instead, it’ll be a “billion-plus-dollar, high-density, mixed-use development” on the same property that used to house the ExxonMobil Chemical headquarters.
Area residents can enjoy free family films the second Saturday of each month in Cross Creek Ranch as part of the community’s Movies on the Hill summer series.
Open to the public, the series debuts Saturday, June 13, with “Big Hero 6,” winner of Best Animated Feature Film of the Year in this year’s Oscar Awards. On July 11, Cross Creek Ranch will air “Rio 2,” an animated film released last year featuring Jesse Eisenberg and Anne Hathaway. The Aug. 8 movie will be “Paddington,” also released last year and based on the popular book series.
April has been a popular month for new single-family homes. Sales for these homes increased 6.8%, according to data from HUD and the U.S. Census Bureau. This has led to a seasonally adjusted annual rate of 517,000 units sold.
The National Association of Home Builders (NAHB) commented that the data matches what they’ve observed. “Sales are moving forward and our builder members are telling us they are starting to see more activity as more buyers get off the fence and enter the marketplace,” said NAHB Chairman Tom Woods.