Considering Buying? GO HERE to perform a Full Home Search, or if you're a prospective seller, CLICK HERE to receive a Free Home Value Report. For any other questions, feel free to call me at (281) 599-6575, or shoot me an email at rdr@daleross.com.
I had a customer ask me the other day about the rental rates for 2015. The market has been on a decline lately, with home rental prices dropping 20% in the last 2 years.
We can say that if demand continues to decline, and with the fact that we have a huge number of apartment units coming onto the market in Houston, things are bound to get weaker in the rental market. If you are thinking about leasing a home, it's still more expensive to lease than it is to purchase a home. Typically, mortgage payments can be as much as 40-50% of what your rent payment would be.
If you have any questions, give us a call or send us an email. We are your best choice for all the latest real estate news and information in the Houston market.
We can say that if demand continues to decline, and with the fact that we have a huge number of apartment units coming onto the market in Houston, things are bound to get weaker in the rental market. If you are thinking about leasing a home, it's still more expensive to lease than it is to purchase a home. Typically, mortgage payments can be as much as 40-50% of what your rent payment would be.
If you have any questions, give us a call or send us an email. We are your best choice for all the latest real estate news and information in the Houston market.