YES, Houston is the fourth largest city in America and continues to grow. This growth comes with a growing demand for residential and commercial real estate and there is plenty to chose from. Options in Houston include condominiums, townhouses, houses, vacant land and commercial properties such as office buildings, warehouses and light industrial space. Whatever kind of property you want to invest in, it can definitely be found in Houston.
Plenty of Property
Houston and it’s surrounding counties such as Galveston and Brazoria make up for more land than the state of New Jersey and more than six million residents live in it. Houston is made up of different types of communities and cultures. There is everything from urban neighborhoods such as Montrose to idyllic suburbs such as Katy and the Woodlands. There is also plenty of beach property like Kemah, Galveston and Point Bolivar. If you want variety in real estate, Houston has it.
Follow the Jobs
Most of Houston’s growth and major need for housing is due to the influx of companies and jobs that have come into it. Houston is widely recognized as a major hub in the global energy industry and many others. According to MSN Money, Energy companies such as ConocoPhillips, Marathon Oil, Enterprise Products and Halliburton, fuel the decline of the city's below-average 8% unemployment rate. There is plenty of commercial and residential property to consider investing in. Houston has many job centers such as the Texas medical center area, Galleria or the energy corridor along the Katy Freeway on the city's far west side all which provide viable real estate investment opportunities.
Variety of Culture
If someone says there is nothing to do in Houston, they are lying. One of the many reasons that drive people to relocate to Houston is the variety of cultures and activities that the city provides. Forbes placed Houston as the Number 1 Coolest City in America in 2012. They stated, “stylish housing developments have popped up downtown, restaurants have taken up residence in former factories and art galleries like the Station Museum have been inhabiting warehouses. Combine that with a strong theater scene, world-class museums and a multicultural, zoning-free mash up of a streetscape and you have the recipe for the No. 1 spot on Forbes’ list of America’s Coolest Cities To Live. So there you have it. Houston is a city that keeps growing and evolving and with that growth comes many real estate investment opportunities. It’s all about supply and demand. One piece of land or real estate that may seem obsolete could turn up being in the hottest part of town. Share! Sources: