Intero Real Estate Services
International Investment in Houston Property Frequently Asked Questions Despite a recent market slowdown, U.S. property is still considered by many to be a lucrative form of investment. An advantage of the slower market is that prices and interest rates are low and give investors the opportunity to buy into the market.
Houston, on the other hand, has a resilient economy with a mix of industries that has allowed the city to weather the recession. Even though Houston has its share of distressed properties and unemployment, prices are on an upward trend and rents are booming.
If you are an investor seeking rental properties, you will find that some of the cities where prices have dropped substantially are also experiencing reduced rents and weak economic forecasts, and as a result they are not generating strong and sustainable cash flow.
Houston is the city where all things that economists say wil happen over the next decade are happening: There will be rapid growth in the population under age 45 and over age 65, as well as a rising share and overseas investors who will take advantage of low prices in the next two
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years. The echo boomers are entering the market. They are by far the biggest and most technologically oriented generation to date, capable of shifting the composition of housing demand over the next 20 years. Their income levels will be lower and they will enter the market with post-recession incomes and lower purchasing power, so there will be a greater demand for rentals. We out together this guide to help overseas investors become familiar with buying investment properties in Houston and expand their financial goals.
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