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April 5th, 2018 by Marco Santarelli
It’s no more an unknown thing for a savvy real estate investor to know that Houston, Texas is a beautiful place to live and raise a family. Houston, with a fascinating history is considered to be one of the most desirable locations to invest in real estate in the US and the whole world at large. Regarding selling beautiful homes for sale, Houston real estate market is is booming and becoming one of the favorite destinations for those looking for a beautiful home. In case you are thinking about investing in Houston, as an investor, it is only logical to consider the largest cities in the country. So, in this article, we will look at the top 6 reasons to invest in the Houston real estate market.
6 Reasons To Invest in the Houston Real Estate Market
1. High Population
Houston, Texas has a population of over 2.2 million people, and it is the largest city in the state of Texas, and also it is the 4th most populous city in America. State demographers estimate that Texas’ population will double to more than 54 million people by 2050 and a lot of it will be concentrated in the big metropolises including Houston. Houston is a popular city in the US with thriving business culture, fashion, sport, research, technology, education and many other things. Houston is also the city with the fourth tallest skyline in the US. All these amazing factors make Houston to accommodate millions of tourists and visitors every year and which simultaneously allow Houston real estate market to boom. This is the first reason to invest in the Houston real estate market.
2. Variety of Investment Properties To Invest In
Investing in the Houston real estate is a perfect idea because there is a lot of variety of investment properties available to investors. Houston has extremely good business infrastructure and residential housing costs provide an operating cost advantage to prospective investors. There are many acres of land available, and there is a lot of movement going on in the real estate sector in Houston which makes it an ideal real estate market where investors can easily find old and new properties in the market. Whatever type of real estate investing you want to do, you can easily find a lot of investment properties in the Houston housing market. Do you want to invest in commercial properties, new home buildings, ancient home buildings? Whatever you want to invest in, investing in Houston real estate will take you there. This is another good reason to invest in the Houston real estate market.
Click on the link to check our inventory of fully renovated Houston Investment Properties which are 5%-20% below current fair market value.
3. Houston Real Estate Market Is Still Developing
Houston has a lot of room to grow and develop unlike the fully built city like New York, San Francisco, Washington, etc. Houston has a low-density sprawl which is fantastic, and this means that there are still spaces within the city for the construction of residential housing. Many of inner-city neighborhoods still have spaces either abandoned or vacant, and these land spaces can be used for building houses. This is the third fascinating reason to invest in the Houston real estate market.
4. Booming Trade
Another reason why investors need to invest in the Houston real estate market is that of the booming and expanding trade. One of the reasons why people migrate to a certain place is international trade and ease of business, and Houston has the largest US port regarding total cargo tonnage handled. Even for the waterborne tonnage, makes it the busiest port in the US when it comes to foreign trade.
The port in Houston employs lots of workers, and this port also attracts numerous business people, travelers from around the world every year and all these people need a place to stay in either temporary or permanent housing. This is where real estate investors come in! You can easily rent out a property or even sell to the foreigners who are always in Houston for business. What more you need to think of before deciding to invest in Houston?
5. Job Growth
Big companies want to have their centers set up in Houston. Recently Amazon chose Houston to call home. This decision has the potential to bring an entirely new industry to Space City. A one million-square-foot distribution center has been built near the intersection of Highway 90 and Woods Road, just off I-10 West. The center is said to eventually provide 1,000 new jobs in the area. This will give a great boost to the Houston’s economy and real estate sector as well. High job growth is another one of top 6 reasons to invest in Houston real estate market.
The Houston region is one of the most important industrial bases in the world and ranks No. 2 in manufacturing GDP in the U.S. It has the largest medical complex in the world, the Texas Medical Center, which provides clinical health care, research and education at its 58 institutions. Houston has more than 1,760 life sciences and biotechnology companies, cutting-edge hospitals, health facilities and research institutions. Houston is the U.S. energy headquarters and a world center for virtually every segment of the oil and gas industry from exploration and production to marketing and technology. Houston is home to 6,400 manufacturers who employ more than 240,000 skilled workers and produce $80 billion in goods annually. All of the above makes it an exciting reason to invest in the Houston real estate market.
The above data was taken from Houston.org. You can visit their site for more info information on Houston’s top industries.
Houston is a city that is rich in good schools, universities and colleges. The Houston Independent School District, the biggest in the Houston region, serves 213 square miles with 288 schools, 13,000 educators and in excess of 210,000 students. It is one of Houston’s biggest business ventures. The Greater Houston area has 14 major institutions of higher learning. In 2011, U.S. News & World Report ranked BAYLOR COLLEGE OF MEDICINE as one of the top 25 medical schools for research. University of Houston was chosen as one of the nation’s best colleges for undergraduate education by The Princeton Review in 2011.
Is It A Good Time To Buy A Property In Houston 2018
As a someone who is looking to invest in real estate in 2018, I will advise you to consider investing in the Houston real estate market because this city is one of the good examples of a booming real estate market that provides healthy and secured real estate profile for local and even foreign investors. Houston has everything: the people, the diversity, the business climate, being world renowned in energy, medicine, space, and manufacturing.
So, if you are of one the investors looking to invest in the Houston real estate market, then you are on the right track as a savvy investor. The Houston real estate market offers plenty of choices and also amazing prices for properties and it is a good time to invest in Houston in 2018.
I also recommend 3 other real estate markets to invest in 2018:
Image Credit: http://abc13.com https://www.visithoustontexas.com/about-houston/colleges-and-universities/
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