The US rental market is set to see a surge in demand as more and more would-be homeowners find their plans to buy frustrated. The combination of high demand, low supply and tighter lending conditions is driving prices up. And for every US$1,000 rise, some 150,000 buyers will be disappointed.
The covid-19 pandemic has affected all aspects of our lives. Some of the most significant shifts have taken place in the property market where new trends are emerging. These mean that US buy-to-let properties now stand as one of the best real estate investments available. In this article, we look at the four reasons why.
To rent or to buy? Discover why the balance has tipped in favour of US rental properties in an increasing number of metro areas in the country.
Discover why high demand and affordability mean that the Houston property market in 2019 and particularly rentals are set for another record year.
After almost 20 years it’s now more profitable to rent US real estate than buy. Find out how this adds further to the potential for buy-to-let investment.
Find out why the sharp rise of families among US rental households has increased demand and opportunities for buy-to-let investment in key areas.
Half-way through the year, what should you know about the Houston property market? Read on to discover 5 investor must-know facts plus key takeaways
In spite of Hurricane Harvey, Houston real estate recorded record sales and median prices in 2017 plus the greatest rental activity of all time.
After the devastating effects of hurricane Harvey you might have thought otherwise, but the Houston property market has stayed well afloat. According to an article in the New York Times, “Houston’s unsinkable housing market is undaunted by the storm”.
On the back of strong job creation, the Houston property market is setting record sales and price rises. Houston rentals are also booming.
A study of the profile of US property buyers in 2016 revealed an increase in first-time purchases and an overwhelming preference for single family homes. It also showed a market still much in favour of the seller.
In April, the Houston property market registered the highest median price ever and demand for single family home rental properties soared. The latest figures highlight how resilient the market is despite a bigger background of falling oil prices. As this latest BRIC Group news article explains, real estate analysts are forecasting a sturdy future for Houston property.
The Houston property market enjoyed record years in 2014 and 2015, both for sales and prices. As far as 2016 goes, experts predict more of the same but at a lower level, a situation leading to a healthy market. In this article, BRIC Group summarises what to expect if you’re buying property in Houston this year.
US property prices continue their upward trend and rose nationally by 6.9 per cent in the year to July. Furthermore, analysts predict further price increases over the next 12 months when they expect an average rise of 4.7 per cent. The price of property, however, still remains below its historic high.
Property in Houston reached record heights in June, confirming the city’s potential as one of the hotspots for US property this year. Monthly sales were the best ever and median prices reached a historic high, ahead even of those registered in 2014 a record year in itself.
Property sales and prices continue to rise in Houston while inventory levels remain well below the national rate. This added to high rental rates and the recent stabilisation in oil prices leads experts to predict a seller’s market for Houston property for what remains of the year.
