4 Reasons why Real Estate in Houston, Texas is still Booming

Real estate in Houston, Texas is still hot despite the pandemic. Despite economic uncertainty and disruption from storms, Houston remains the top real estate market in the United States; so what's behind its resilience? Here are four reasons why:

1) Location: With an array of amenities and access to major highways, Houston offers homebuyers a variety of affordable housing options close to jobs, culture and entertainment opportunities. Whether you're looking for suburban areas with easy access to downtown or other cities nearby, there's something for everyone in this large city.

2) Low Taxes: Compared to some other states, Texas has relatively low tax rates across the board making it an attractive option for investors and homeowners alike. This means more money in your pocket and less spent on taxes.

3) Growing Population: Houston is one of the fastest-growing cities in the United States, with a population expected to reach nearly 8 million by 2021. This influx of people means a booming job market and strong economic growth - all attractive factors when considering real estate investments.

4) Strong Economy: Houston's economy is also resilient due to its diversified employment base that includes energy, manufacturing, healthcare, and aerospace industries which are all doing well despite the global pandemic. With low unemployment rates, rising wages and hundreds of new companies moving into the city each year; there's no doubt Houston will remain an attractive option for those looking to invest in real estate.

Given the current landscape, Houston's real estate market continues to be one of the most resilient in the United States and looks like it will remain the top market for years to come. With so many factors working in its favor, it is no wonder that so many people are choosing to invest in this diverse city. If you're thinking about making a real estate investment in Houston, Texas now is certainly a great time! Happy investing!

Hello! I'm Jay Thomas, a REALTOR in Houston, Texas. Chances are you and I share a similar passion, Real Estate! I also have a passion for building businesses, working out, inspiring others, technology, sports, and people. Connect with me on Facebook and Instagram!