Houston isn't only #1 in football
December 12th, 2011
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While Texans fever is sweeping Houston, a recent article also shows Houston to be the #1 place to be a landlord.
"Based on home prices, area economy and rents, and ranked by job growth, per Local Market Monitor:
#1
Houston
2.5%
Annual job growth:
Projected 3-year rent increase: 18%
Q2 home price: $174,000
Current monthly rent: $818 "
I am not sure where they get the rental amount, because a home in the Clear Lake area can easily be around $1200 for a 3 bedroom house. Read the entire article here - and give me a call at 713.817.5710 if you 'd like to look at some homes as an investment.
http://money.cnn.com/pf/the-year-in-money/real-estate/best-places-landlord/
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Disclaimer : The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®
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