Houston is among the three Texas markets that Flyhomes plans to expand to following an announcement on Sept. 22, as Texas continues to grow in urban population numbers.
Houston joins Austin and Dallas as Flyhomes' new Texas-based additions to their current areas of operation, including Seattle, WA, Boston, MA, Portland, OR, the Bay Area, and Southern California. Flyhomes has already closed on more than $3 billion worth of homes bought and sold within their existing sectors, according to the company's statement.
“A home is the single biggest purchase most people will ever make, and the traditional process of making that purchase is fraught with obstacles, stress and worry. Our approach — which brings every step of the process under one roof — helps buyers separate fear from risk to make more informed homebuying decisions. We are thrilled to bring our reimagined real estate process to create radically different experiences for homebuyers in Austin, Dallas, and Houston, TX,” said Tushar Garg, Flyhomes CEO and co-founder, according to the statement.
U.S. Census Data accumulated in 2021 has shown that 4.2 million people have moved to Texas within the last decade due to new job opportunities, lower cost of living and tax incentives. The rise in new residents has created increased competition for housing across the state, and Flyhomes' three new locations were selected based on the comparatively competitive nature of Texas housing markets, the company said.
Numbers reporting on the Texas housing market from 2021 show that Austin Dallas, and Houston real estate markets have all been highly competitive throughout the year, according to Home Buying Institute. Early predictions for 2022 anticipate the same, allowing Flyhomes to establish themselves within an already busy real estate market.
Flyhomes reinvented the homebuying process through their highly competitive services, Flyhomes Cash Offer and Buy Before You Sell. Launched in 2016, they have helped homebuyers close on more than $3 billion worth of homes at prices ranging from $150,000 to $5 million, the company said.
