The Real Estate Coach

Houston Becoming a Region of Renters
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Houston Becoming a Region of Renters The area has seen a sharp increase in renters as rising housing costs put homeownership out of reach for more households and investors convert single-family homes to multifamily rentals. Some of the many single-family homes in the region are being converted to multifamily use, putting more rental un...

Houston-area home sales and prices to grow in 2023, Realtor.com projects
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Houston-area home sales and prices to grow in 2023, Realtor.com projects The median price for existing home sales is projected to increase 5.4% and rents will hit new highs with a 6.3% increase, adding to budget pressures for potential first-time homebuyers, the report said. Year over year, home sales are projected to drop 14.1% and inventory of homes for sale, which has...

Guide to buying homes of the 1980s/70s

Joseph Petrie Joseph Petrie is a real estate agent with Joseph and Company. Check out Joseph Petrie's listings or office listings.

Residential Rents Are Declining In Many Real Estate Markets
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Residential Rents Are Declining In Many Real Estate Markets When markets where multiple REITs are operating — like Tampa, Orlando, Phoenix, Las Vegas and Dallas — at the same time see rents decline by even 1%, it represents a direct threat to projected investor returns. It doesn’t necessarily mean that investors are going to lose money (assuming the ma...