How Much Are Houses In Houston Texas?
If you’re here, chances are you’re interested in buying a home in Houston. You’ve probably looked at volumes of relevant info, from crime rates to job opportunities, and assessed all of the risks and rewards of living in Houston. However, you’re probably wondering about one of the most important questions: how much does it cost to buy a house in Houston Texas?
If you’re thinking about moving to Houston, you’ll be happy to find out that housing prices are exceptionally low! Compared to the national average of $240,000, Houston’s median home price of $180,000, it’s readily apparent that Houston is a great place to buy a home!
Why are housing prices in Houston so low?
Houston is a great city if you are looking for a place to settle down. With excellent job opportunities, great school districts and an excellent median wage, Houston is also a great place to raise a family! However, there are a couple of things you’ll need to keep in mind if you are planning on moving to Houston.
First of all, Houston has a very high crime rate. This varies by neighborhood, with some neighborhoods being comparatively safe, at least when compared to the national average for violent and property crime. However, the overall median crime rate for Houston is still disconcertingly high, and it’s definitely something you’ll need to consider before you purchase a home there.
Another thing you’ll need to give some thought is the job market. While jobs are available, and the industry is booming, there is a great deal of competition for skilled and lay positions alike, and you would do well to find a job before moving to the area. If your resume is impressive enough to win you a job easily, you might not need to factor this in so heavily, but if it isn’t definitely give it some thought.
If you don’t have a career specialization, a great career option in Houston is real estate. Realtors in Houston make highly attractive salaries, and becoming a real estate agent here is easier than you might think. With a median home price as low as Houston’s listings move fast and commissions are easy to come by; if nothing else, it’s worth your consideration.
If you’ve given it due consideration and decided that you want to buy a home here, you’ll need to contact one of the top real estate agents in Houston Texas. Once you’ve found a real estate agent to your liking, you’ll be just a couple steps away from making your home in this vibrant metropolis!
Popular Real Estate Glossary Terms
Also called all inclusive trust deed (AITD). A mortgage (trust deed) that encompasses existing mortgages and is subordinate to them. The existing mortgages stay on the property and the new ...
Market Analysis in the Real Estate Market is basically research done concerning specific properties in relation to the overall current climate of the real estate industry. A good ...
Fee payable because of late payment. For example, a mortgagor is assessed a $30 late charge by the bank for not paying the mortgage payment when due. ...
Contractual provision requiring apportionment. ...
Rental agreement directly between the landlord and tenant. If the tenant then rents it out to another, it is referred to as a sublease. The relationship takes the following form: ...
One who donated or gives a gift or bequest. ...
Amount the taxpayer gets back when he or she files the tax return at the end of the reporting year because taxes were overpaid for that year. The tax overpayment equals the tax payments ...
In real estate, Attractive Nuisance is how insurance companies classify something that is inherently dangerous and particularly enticing to children. A hazard located within a property that ...
That portion of a loan collaterized by a leased property extending beyond the expiration date of the lease. For example, a lending institution collaterizes a 20-year loan on a commercial ...
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