Houston, Texas

Houston is more affordable than many other U.S. markets today

• In January 2017, the median price of three bedroom homes in Houston was $150,000. This is 19.79% lower than the national average of $187,000.
• In the Houston neighborhoods where RWN members invest, the median price of three bedroom homes was only $129,364, which is 30.82% lower than the national average of $187,000.
• This shows us that real estate in Houston is more affordable than many other U.S. markets today. This is especially true in the Houston neighborhoods where Real Wealth Network members are investing today.

Houston offers investors a strong opportunity to generate passive monthly income

• In January 2017, the median monthly rent for three bedroom homes in Houston was $1,425, which is 0.95% of the purchase price of $150,000. This is higher than the national price-to-rent ratio of 0.74%.
• The median monthly rent for three bedroom homes in January 2017, in the Houston neighborhoods where Real Wealth Network members invest, was $1,274. This is 0.98% of the purchase price of $129,364.
• This shows us that Houston offers investors a very strong opportunity to generate cash flow, at a significantly higher price-to-rent ratio than the national average (0.74%).

Houston home values have been rising faster than other U.S. real estate markets

• In January 2012, the median price of three bedroom homes in Houston was $104,000. Over the next five years (Jan. 2012 to Jan. 2017), three bedroom homes in Houston appreciated by 44.23%. During the same period, nationally, three bedroom homes appreciated by only 28.97%.
• This shows us that property values are appreciating at a faster rate than many other U.S. markets. And taking into account Houston’s lower-than-the-national-average real estate prices, there’s likely a good opportunity for equity growth in this area.

Houston rents have also been rising faster than other real estate markets across the nation

• Between January 2012 and January 2017, the average rent for three bedroom homes in Houston increased by 18.65%. Nationally, rents only increased by 14.11% during this period.
• This shows us that rents are also increasing at a faster rate than many other U.S. markets today, which is good news for investors interested in long-term income potential.

Houston’s population has been growing faster than the national average

• Since 2010, Houston’s population has increased 13.86%. During the same period, the national population grew by only 3.93%.
• This shows us that people are moving to Houston in greater number than most other American cities, which is a positive indicator of a strong real estate market.
• A faster rise in Houston’s population may be explained, in one way, by new research that confirms Houston has the sixth lowest cost of living in the nation.

Houston did not create as many jobs as other U.S. cities last year

• In the past year, the number of jobs in Houston has grown by 0.48%, versus 2.31% nationally.
• This shows us that Houston experienced some job growth last year, a trend that is likely to continue.
• In fact, Houston was recently named one of the top cities for job creation in the nation.

Houston is Affordable

• In the Houston neighborhoods where RWN members invest, the median price of three bedroom homes was only $129,364, which is 30.82% lower than the national average of $187,000.
• This shows us that real estate in Houston is more affordable than many other U.S. markets today. This is especially true in the Houston neighborhoods where Real Wealth Network members are investing today.

Houston Real Estate is Cash Flowing

• In the neighborhoods where RWN members invest, the median monthly rent of three bedroom homes was $1,274 (as of Jan. 2017), which is 0.98% of the purchase price of $129,364.
• This shows us that Houston offers investors a very strong opportunity to generate cash flow, at a significantly higher price-to-rent ratio than the national average.

Houston is Appreciating & Rents are Rising

• In the last five years (Jan. 2012 to Jan. 2017), three bedroom homes in Houston have appreciated by 44.23%, versus 28.97% nationwide.
• During the same period, the median rent for three bedroom homes in Houston increased by 18.65%, versus 14.11% nationally.

Houston’s Population is Growing

• Since 2010, Houston’s population has increased 13.86%, while the national population grew by only 3.93%.
• This shows us that people are moving to Houston more than other American cities, which is a good sign of a strong real estate market.

Houston has Stable Job Growth

• In the past year, the number of jobs in Houston has grown by 0.48%, versus 2.31% nationally.
• This shows us that Houston had positive job growth last year; a trend that is likely to continue.
• In fact, Houston was recently named one of the top cities for job creation in the nation.