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Although he was born in California, Schramm's real first name was Texas.


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How do real estate trends indicate a change in the economy?

Real estate trends indicate a change in the economy from a variety of indications. When the price of real estate increases it indicates that the economy is booming, however, when it decreases the economy is becoming unstable.


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The Houston Real Estate market has been on the rebound ever since the economy has started to return to normal. This has outpaced other areas of the country. Houston is still struggling and is far behind the market peak in 2007. While Texas real estate was never as inflated as Nevada or Florida, it is still lagging as of 2010.


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