In the Houston section of the BRIC Group news you will find the articles about the latest news in the city. Buy-to-let property in Houston forms part of our investment portfolio and we therefore like to our investors up-to-date on the developments in the city. News articles cover aspects of the economy, particularly regarding employment. Diversification is of particular importance in the city and our articles focus on new job opportunities outside the traditional employment available in the oil industry. Articles also examine the Houston property market in detail and give updates on the latest statistics for house prices, sales and inventory levels. The source for these statistics is HAR, whose monthly reports also provide useful information about rental and vacancy rates for single family homes in the city. You can find these figures in our articles too.
After a quieter month in May, the Houston property market returned to frenzied activity in June recording the highest prices ever and quickest turnover levels of properties. According the experts, this illustrates that demand in the market continues to far run ahead of supply.
Real estate experts recently analysed the property market in Houston and reached a number of key conclusions. Their findings confirm the investment value of apartment accommodation in the city and the tremendous potential behind Houston’s rental market.
House prices for single family homes in Houston recently hit an all-time high as the property market in the city continues to show an imbalance of demand and supply. Real estate experts expect this situation to continue for the immediate future meaning that for many families, the only solution is to rent a property.