Houston Construction Market Among Nation’s Strongest, Fastest Growing

Based in Houston, Texas, Jonathan Hillert earned degrees in architecture before entering the design and construction industry. Today, Jonathan R. Hillert serves as president of L&T Development, LLC, a full-service custom designer and builder of single-family residences. At L&T Development, Jon Hillert serves the entire Harris County area and oversees all facets of the projects he takes on, including planning, design, bidding, and management. Jonathan Hillert is also working to establish a nonprofit that will focus on increasing low-income housing within Harris County.

The Houston metro area continues to experience one of the strongest new construction booms in the country. Relatively unaffected by the recession, the region’s market has now kicked into high gear. In 2013, Houston boasted more new home starts than the entire state of California. This year, experts predict that home prices will increase roughly 5 percent, followed by a 4 percent climb in 2015. Analysts also predict the growth in new-home starts to increase 13 percent annually until 2016.

Earlier this year, Forbes magazine named Houston as the third strongest construction market in the U.S., behind New York City and Dallas. According to the business publication, approximately $4.8 million in new construction occurred in Houston from January to June. That represents an 8 percent increase over the previous year.

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