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Trumps Wall Ask For $4.75B – What does that mean for Houston Construction? Houston Heights – Montrose – Innerloop?

Trumps Wall Ask For $4.75B – What does that mean for Houston Construction?  Houston Heights – Montrose – Innerloop?

President Donald Trump all asked for 4.75 billion today along with another 8.75 billion to build his Infamous Construction Wall. What would happen if that construction did occur, for Houston and for Texas.   I have to say being Hispanic / Mexican Myself I know very well that my people are very creative. and although it will slow them down a bit it may actually improve their speeds coming across the border, as you can see from this picture from the border patrol.  LOL… let’s keep this discussion lite in prove to the world that we can be civilized and we can also be friends with different opinions. but that’s what makes the United States such a great country oh, that we can somehow be different but I also live amongst each other in a civilized manner. 

Okay so let’s take a look here, being in real estate the last 15 years and been in the construction business for the last 10 years I can definitely say that since Donald Trump took office we have seen a decline in Mexicans available for work.  But what does that really mean for the General Public, let’s take a look at this. So we don’t have that many labor workers that will work for cheap. So builders must hire someone do do this Framing and sheetrock work, etc… So Builders will have to pay more to get the work done.

Now my question is will that increase in price either be related over to the buyer or will the construction company or seller reduce their profits? It’s a good question, our maybe it will be a little bit of both.  Let’s take a look at the data of average homes on average lots in the Houston Heights that have sold in the last 24 months.  I invite all analyst / economist / strategist / construction owners to discuss.  

Guys I use a Voice Dictation System to Blog… So forgive any typos / grammatical errors —

FACTS: HOUSTON HEIGHTS SALES ON AVERAGE HOMES ON AVERAGE LOTS SINCE PRESIDENT TRUMP TOOK OFFICE

MLS Number Street Number Street Name Zip Code County List Price Close Price Close Date Subdivision Sq Ft Total Price Sq Ft List Price Sq Ft Sold
82738924 818 19th 77008 Harris $199,995 $185,000 2/24/2017 0:00 Houston Heights Annex 1152 $41.26 $160.59 4847
64003415 723 Le Green 77008 Harris $492,900 $511,111 2/24/2017 0:00 Houston Heights Annex 1076 $458.09 $475.01 5000
454907 211 24th 77008 Harris $360,000 $350,000 3/23/2017 0:00 Houston Heights Annex 1027 $350.54 $340.80 5300
3899831 1038 Lawrence 77008 Harris $339,900 $339,900 3/24/2017 0:00 Houston Heights Annex 1314 $64.74 $258.68 5250
84633759 2019 Gostick 77008 Harris $345,000 $340,000 5/15/2017 0:00 Houston Heights Annex 1256 $274.68 $270.70 5000
69471745 1430 Studewood 77008 Harris $449,500 $455,000 5/19/2017 0:00 Houston Heights Annex 1398 $321.53 $325.46 5000
12143399 724 21st 77008 Harris $399,900 $397,500 5/25/2017 0:00 Houston Heights Annex 1044 $383.05 $380.75 5000
50677278 721 Ralfallen 77008 Harris $430,000 $420,000 5/30/2017 0:00 Houston Heights Annex 1130 $380.53 $371.68 5000
30238841 431 27th 77008 Harris $449,000 $429,500 5/31/2017 0:00 Houston Heights Annex 1222 $367.43 $351.47 4323
54918405 512 W 17th 77008 Harris $395,000 $351,000 6/16/2017 0:00 Houston Heights Annex 1204 $67.01 $291.53 5895
92174427 2206 Singleton 77008 Harris $360,000 $355,000 6/16/2017 0:00 Houston Heights Annex 1204 $299.00 $294.85 5000
78344245 2231 Singleton 77008 Harris $399,000 $382,500 6/26/2017 0:00 Houston Heights Annex 1064 $375.00 $359.49 5000
40885562 722 17th 77008 Harris $395,000 $345,000 6/29/2017 0:00 Houston Heights Annex 1202 $328.62 $287.02 5700
26929343 821 Peddie 77008 Harris $429,000 $410,000 7/5/2017 0:00 Houston Heights Annex 1032 $415.70 $397.29 5600
62318041 206 24th 77008 Harris $418,000 $420,000 7/5/2017 0:00 Houston Heights Annex 1140 $366.67 $368.42 5300
46772986 710 Le Green 77008 Harris $475,000 $470,000 7/25/2017 0:00 Houston Heights Annex 1050 $452.38 $447.62 5000
86187544 1140 Dorothy 77008 Harris $419,000 $425,000 9/8/2017 0:00 Houston Heights Annex 1172 $357.51 $362.63 6000
6632264 1305 Arlington 77008 Harris $424,000 $416,000 10/10/2017 0:00 Houston Heights Annex 1209 $350.70 $344.09 5280
27939519 613 Aurora 77008 Harris $415,000 $399,500 10/20/2017 0:00 Houston Heights Annex 1248 $332.53 $320.11 4500
81860457 743 16th 77008 Harris $415,000 $416,000 11/6/2017 0:00 Houston Heights Annex 1040 $399.04 $400.00 5000
24992485 1136 Dorothy 77008 Harris $399,000 $360,000 11/7/2017 0:00 Houston Heights Annex 1258 $317.17 $286.17 6000
50757624 2010 Gostic 77008 Harris $309,000 $294,500 11/8/2017 0:00 Houston Heights Annex 1386 $222.94 $212.48 5000
52691944 1311 Laird 77008 Harris $279,000 $257,500 11/27/2017 0:00 Houston Heights Annex 1096 $55.80 $234.95 5000
7285175 113 25th 77008 Harris $373,000 $355,000 12/1/2017 0:00 Houston Heights Annex 1109 $336.34 $320.11 4732
90727146 824 14th 77008 Harris $375,000 $350,000 12/4/2017 0:00 Houston Heights Annex 1021 $367.29 $342.80 4400
48885127 602 28th 77008 Harris $399,000 $385,000 12/28/2017 0:00 Houston Heights Annex 1192 $334.73 $322.99 6000
82241324 720 24th 77008 Harris $340,000 $325,000 12/29/2017 0:00 Houston Heights Annex 1128 $301.42 $288.12 6000
4031192 845 21st 77008 Harris $390,000 $376,000 12/29/2017 0:00 Houston Heights Annex 1125 $346.67 $334.22 4323
31924089 1715 Blount 77008 Harris $498,900 $515,000 1/25/2018 0:00 Houston Heights Annex 1225 $407.27 $420.41 5000
3517211 1218 Studewood 77008 Harris $359,900 $352,000 1/30/2018 0:00 Houston Heights Annex 1000 $359.90 $352.00 5000
31055866 835 Le Green 77008 Harris $549,500 $570,000 2/18/2018 0:00 Houston Heights Annex 1384 $397.04 $411.85 5000
9396162 605 18th 77008 Harris $449,900 $465,000 2/28/2018 0:00 Houston Heights Annex 1222 $368.17 $380.52 4550
58805379 109 27th 77008 Harris $335,000 $300,000 3/7/2018 0:00 Houston Heights Annex 1358 $246.69 $220.91 6000
72152277 1204 Heights 77008 Harris $674,000 $625,000 3/7/2018 0:00 Houston Heights Annex 1216 $554.28 $513.98 5250
7737525 721 16th 77008 Harris $499,900 $486,200 3/26/2018 0:00 Houston Heights Annex 1136 $440.05 $427.99 5000
55352408 731 Wilken 77008 Harris $425,000 $408,700 3/29/2018 0:00 Houston Heights Annex 1055 $402.84 $387.39 4300
2655630 1244 Oxford 77008 Harris $360,000 $345,000 4/3/2018 0:00 Houston Heights Annex 1048 $343.51 $329.20 4715
9066428 1510 Alexander 77008 Harris $409,000 $380,000 4/16/2018 0:00 Houston Heights Annex 1032 $396.32 $368.22 5000
31606212 816 13th 77008 Harris $495,000 $497,000 4/19/2018 0:00 Houston Heights Annex 1210 $409.09 $410.74 4356
72442166 2010 Gostick 77008 Harris $535,000 $540,000 4/24/2018 0:00 Houston Heights Annex 1386 $386.00 $389.61 5000
22943326 1020 Studewood 77008 Harris $625,000 $599,000 5/14/2018 0:00 Houston Heights Annex 1344 $465.03 $445.68 5600
39815789 1442 Yale 77008 Harris $325,000 $325,000 5/18/2018 0:00 Houston Heights Annex 1046 $310.71 $310.71 4620
65608411 1144 Dorothy 77008 Harris $439,000 $412,650 5/31/2018 0:00 Houston Heights Annex 1152 $381.08 $358.20 6000
70141554 902 10th 77008 Harris $459,000 $445,000 5/31/2018 0:00 Houston Heights Annex 1128 $406.91 $394.50 5000
81304952 2517 Cortlandt 77008 Harris $447,500 $447,500 5/31/2018 0:00 Houston Heights Annex 1020 $438.73 $438.73 5760
43376692 1021 Waverly 77008 Harris $448,600 $425,000 6/1/2018 0:00 Houston Heights Annex 1269 $353.51 $334.91 5940
22110539 766 16th 77008 Harris $515,000 $516,000 6/7/2018 0:00 Houston Heights Annex 1356 $379.79 $380.53 5000
97840896 729 13th 1/2 77008 Harris $475,000 $440,000 6/8/2018 0:00 Houston Heights Annex 1140 $416.67 $385.96 6000
34925497 911 14th 77008 Harris $363,000 $330,000 6/9/2018 0:00 Houston Heights Annex 1220 $297.54 $270.49 5000
60124247 108 Munford 77008 Harris $439,900 $445,000 6/12/2018 0:00 Houston Heights Annex 1027 $428.33 $433.30 5200
38165844 1910 Oxford 77008 Harris $472,500 $450,000 6/22/2018 0:00 Houston Heights Annex 1312 $360.14 $342.99 4750
42122441 1248 Oxford 77008 Harris $590,000 $572,500 7/10/2018 0:00 Houston Heights Annex 1339 $440.63 $427.56 4807
98000057 1418 Lawrence 77008 Harris $435,000 $435,000 7/11/2018 0:00 Houston Heights Annex 1048 $415.08 $415.08 5500
14659341 721 Ralfallen 77008 Harris $459,000 $470,000 8/7/2018 0:00 Houston Heights Annex 1130 $406.19 $415.93 5000
52168880 1520 22nd 77008 Harris $415,000 $410,000 8/15/2018 0:00 Houston Heights Annex 1359 $305.37 $301.69 5400
35748002 2507 Cortlandt 77008 Harris $525,000 $531,000 8/20/2018 0:00 Houston Heights Annex 1377 $381.26 $385.62 4706
46419995 417 10 77008 Harris $450,000 $442,000 9/6/2018 0:00 Houston Heights Annex 1126 $399.64 $392.54 4400
43998797 1025 Dorothy 77008 Harris $460,000 $430,000 9/28/2018 0:00 Houston Heights Annex 1247 $368.89 $344.83 6000
44883810 2511 Cortlandt 77008 Harris $549,000 $533,500 9/28/2018 0:00 Houston Heights Annex 1376 $398.98 $387.72 4452
59295254 1427 Rutland 77008 Harris $459,900 $459,900 10/11/2018 0:00 Houston Heights Annex 1090 $421.93 $421.93 5280
62289715 2501 Cortlandt 77008 Harris $565,000 $555,000 10/18/2018 0:00 Houston Heights Annex 1374 $411.21 $403.93 4706
20195332 754 16th 77008 Harris $565,000 $566,500 11/9/2018 0:00 Houston Heights Annex 1129 $500.44 $501.77 5000
34613037 1220 Arlington 77008 Harris $505,000 $493,500 11/30/2018 0:00 Houston Heights Annex 1203 $419.78 $410.22 4950
63283816 307 26th 77008 Harris $400,000 $370,000 12/28/2018 0:00 Houston Heights Annex 1196 $334.45 $309.36 6000
42582972 1005 Waverly 77008 Harris $485,000 $490,000 1/3/2019 0:00 Houston Heights Annex 1099 $441.31 $445.86 4150
504697 1343 Laird 77008 Harris $315,000 $295,000 1/23/2019 0:00 Houston Heights Annex 1037 $303.76 $284.47 5000
41250412 717 23rd 77008 Harris $358,000 $359,000 2/8/2019 0:00 Houston Heights Annex 1050 $340.95 $341.90 4680
76280324 1039 Alexander 77008 Harris $439,900 $439,900 2/15/2019 0:00 Houston Heights Annex 1261 $348.85 $348.85 6000
86685703 1212 Studewood 77008 Harris $394,000 $395,000 2/19/2019 0:00 Houston Heights Annex 1014 $388.56 $389.55 5000
84123913 706 18th 77008 Harris $499,000 $485,000 3/6/2019 0:00 Houston Heights Annex 1255 $397.61 $386.45 5000

 

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alex

15 Years Experience in real estate, 156+ Closed Transactions, Real Estate Broker - Mentor - Coach, Commercial Mortgage Broker for 7 Years at USPrimeLending.com

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