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
Contractual clause allowing one or both parties to terminate the agreement if a specified occurrence takes places. This is a cancellation clause, which allows the agreement to become null ...
The right to possess, exclusively occupy, enjoy, control, and dispose of real estate. Ownership rights to realty are granted by the ownership of a title to real property. ...
Board behind steps or stair going upward. ...
Monthly fixed rental payment. ...
time period, as established by state statute, during which a property owner can redeem a defaulted mortgage or land contract or reclaim a foreclosed property. A property owner acting ...
A lessening in the inflation rate. This may occur during a recession when insufficient demand prevents sellers from passing on higher prices to prospective buyers of houses. See also ...
The amount of inherent risk for a mortgage in granting a mortgage. An operating principle in mortgage risk rating is that the mortgage cannot exceed 2.5 times the mortgagor's annual income, ...
Method of eliminating the spaces between the solid fragments in fresh cement or mortar during the mixing process. This is done by a combination of constantly mixing, turning, centrifuging, ...
Individual who attempts to maximize his or her profitability by investing which the anticipation that a particular investment will go up in value. A speculator will generally be willing to ...
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