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 Questions
Popular Real Estate Glossary Terms
Amount charged for each unit of rental property. An example of a unit might be square footage of space or an apartment. ...
A clause that may be inserted into a purchase agreement or a lease indicating that subject property must be properly maintained in order to validate the contract. The effect is to create ...
A right or interest in property held by a third party, which often limits the use and diminishes the value of the property, but usually does not prevent the transferring of title. The more ...
Depressed, poorly kept locality that may include vacant businesses. It may be a high crime area. The people living in the area are typically poor and there may also be homeless people. ...
The first mortgage on property when other mortgages exist as well, as in the case of a wraparound loan. For example, the total amount financed might be %200,000 of which the first lien is ...
A scholar second mortgage definition would go something like: a loan with a second-priority claim against a property in the event that the borrower defaults. But that’s too stiff, ...
A recorded plat defines a subdivision map that you have to file in the county recorder’s office. It will show the location and boundaries of your parcels of land. Knowing this, we can ...
A flexible price that may be adjusted. A resolved situation between two or people or parties through discussions in which common interests are modified. For example, real estate ...
Landlord's right to receive the value of the tenant's property to pay for unpaid rents or for damages to the leased premises. ...
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