Halkalı Halı Yıkama Beylikdüzü Halı Yıkama Bahçeşehir Halı Yıkama seocu
Real Estate

What to know about investing in Texas real estate

Investing in Texas real estate has pretty much been a no-brainer. Since 2010, the population grew by 3.5 million, a million more than either Florida or California. That translates into one and a half million new homes.

Click here to watch weekly episodes of our Housing Development Programme on AIT

Almost 2 million of those people came from elsewhere, attracted by jobs and by reasonable home prices. Those attractions are still there – look at the rate of job growth in the three big markets this past year, close to 4%. That’s twice the national average.

And even though home prices rose steadily in recent years, they’re still below $300,000 almost everywhere. Compare that with the average home price in Seattle – over $500,000 – or San Francisco – more than $1 million.

 

It hasn’t been all peaches and cream, though. Shale oil development produced booms and busts in a number of markets. And many remain tied too closely to oil prices – jobs can come and go according to what happens in Saudi Arabia or Russia. And a lot of the new jobs and development have been concentrated in the big markets, a trend we see everywhere in the country.

So, the economic prospects of all Texas markets – and therefore how best to invest in each one – aren’t the same. The way I see it, the 15 markets we show in the table from Local Market Monitor Inc. can be divided into three categories.

READ MORE:  How Automation in Real Estate Became A $100 Billion Opportunity. Who Will Be Disrupted?
Previous ArticleNext Article

Leave a Reply

Your email address will not be published. Required fields are marked *

mersin escort bayan mersin escort bayan mersin escort bayan mersin escort bayan erotik film izle erotik film malatya escort bayan malatya escort bayan malatya escort bayan malatya escort bayan
Share via
Copy link
%d bloggers like this:
Kıbrıs gece kulüpleri