Houston, Texas has always been a great place to invest in Houston real estate and with the changing market over the past few years, now may be an ideal time for those looking to buy in this vibrant city. With a strong economy, population growth, and low unemployment rate, now is an excellent time to take advantage of Houston’s thriving real estate market.
Houston Economy
Houston is home to one of the strongest economies in the United States. With major industries like oil and gas, healthcare, transportation, aerospace, and technology all thriving in the area, Houston is seeing steady economic growth. This means that there is plenty of opportunity for businesses to thrive and for people to find work. As a result, people are more likely to invest in real estate as they have more money available to do so. For those looking to invest in rental properties short-term and long-term. This can be a great city to invest in because of its extremely transient and touristic tendencies.
Houston Real Estate Market
The Houston real estate market is also very strong right now. Home prices are increasing at a steady rate and inventory is currently low which means there are fewer homes available on the market but demand is still high. This makes it a great time for buyers who will be able to get a good deal on their purchase and sellers who can maximize their profit from selling their property. In addition, many of these homes come with unique features such as historic architecture or location near popular attractions that make them even more desirable investments. This can also make fixing and flipping houses easier as well, homes are increasing in value by the month, and investing in a worn-down property in an upcoming area can net a good profit in the end.
Mortgage Rates
Finally, interest rates are currently at historic lows which makes it much easier for potential buyers to qualify for mortgages. This means that more people can afford to buy houses which increases competition among buyers and helps increase property values overall. In addition, lower interest rates mean that homeowners can save money by refinancing their mortgages at lower rates which can help them build equity faster or pay off their mortgage sooner than expected.
Access to Hard Money For investing
If you’re looking to invest in real estate but don’t have the capital to fund your investments, Houston has a trusted hard money loan provider, FlipCo Financial. With FlipCo you can get funded for your real estate investment in 72 hours with minimal paperwork or requirements. With their quick funding, it’s easier now than ever to invest in the Houston real estate market.
Investing in Houston real estate can be extremely lucrative right now thanks to its strong economy, favorable housing market conditions, and historically low interest rates. The city has seen consistent growth over the years making it an ideal place both for those looking to buy property as well as those looking for short & long-term investments. If you’re considering investing in real estate in Houston right now may be a perfect time for you.
Invest in Real Estate with FlipCo Financial
With 100% 5-star reviews on Google, FlipCo Financial is your trusted lender for hard money loans. They help investors all over the nation with their real estate funding. Their team of trusted loan managers will guide you toward the loan that is perfect for your investment. Contact FlipCo today for a free quote or to schedule to meet with a loan manager.