Houston, MO

Houston, Missouri is a city located in the Midwestern United States. As of the 2010 census, the population was 2,695,409. The Greater Houston area had a population of 6 million people in 2013. The metropolitan area is home to over 20 Fortune 500 companies and has a gross domestic product of over $1 trillion.

Houston has been called "the oil capital of the world" and "the most diverse city in America." It is also one of the most ethnically and racially diverse cities in America. Houston's economy is based on energy production and services, with a significant concentration of industry in aerospace and medical technology. Manufacturing accounts for only about 10 percent of GDP.

Real estate plays an important role in Houston's economy. The city has one of the largest concentrations of real estate developers and investors in the country. There are more than 1,000 real estate firms operating in Houston alone. The real estate market is very active with an average vacancy rate hovering around 3 percent since 2000. This high demand has caused prices to increase rapidly over the past few years as new development projects have come online or existing properties have been renovated or upgraded. In 2015, median home prices reached $269,000 which represents an increase from $156,000 five years earlier