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Houston Rentals: Inner Loop Properties Are Really Taking Off

GalleriaIf you’ve noticed a lot more multi-family housing construction going on in the Inner Loop lately, you’re eyes haven’t deceived you: a recent Houston Chronicle article (November 21) reported that "[m]ore than 3,500 units in a dozen complexes are under construction primarily inside the 610 Loop and around the Galleria. Nearly 8,700 are proposed, according to Houston-based Apartment Data Services. Most, if not all, are being planned with top-notch finishes and high-dollar rents."

 

Between 8,700-10,000 more units will be developed next year, the article continued.

 

The number of new units is a great improvement over the previous few years, but not nearly as high as the number in 2008, when more than 21,000 multi-family apartments were development, according to the article.

 

Still, the growth in units (from 3,500 this year to about 10,000 next year), is promising.   More ...>


 

From Houston Rentals to Homeownership: Grants to Help with the Mortgage

 

financing options for home loans

If you want to get out of Houston rentals, are in the market for a home and are a first-time buyer, you need to know about several grant programs the City of Houston has established just for people like you.

 

The city is offering several housing grants for first-time homebuyers to help with down payments on their homes.   More ...>


Houston Rentals: The Market is HOT and Renters with COLD Feet Lose Out!


If you find the perfect rental (or even the "good enough") apartment or home to lease in Houston, don’t wait -- grab it now! Why? Because Houston rentals are hot – so hot that if you vacillate for even a day, you may lose out.

 

Yes, we may be a bit biased, but the facts do speak for themselves: The Houston Association of Realtors (HAR) reported September 20 on August home sales and rental figures, stating that "[h]igh demand for lease properties persisted throughout the Houston market in the month of August. Single-family home rentals jumped 21.8 percent compared to one year earlier and year-over-year townhouse/condominium rentals rose 23.1 percent."

 

Townhome and condo rentals also increased 23.1 percent in August, HAR reported.   More ...>


Renting from Private vs. Corporate Owners

When Considering Houston Rentals, Are Individuals or Corporations Better Landlords?


Houston Apartment Rentals


If you’re looking at Houston rentals for a condo, single-family home or even an apartment, you may be wondering if the better landlord will be a private individual (the homeowner) or a property management firm (such as In the Loop Properties).

 

Naturally, the members of our Inner Loop Properties service believes a good property management firm makes the best landlord, but let’s take an objective look at the issue.

 

First, here are some interesting statistics courtesy of AllPropertyManagement.com, a nationwide “resource for those researching rental and association management companies,” according to its website.

 

According to the FAQ page at AllPropertyManagement.com:

 

  1. 60% of U.S. rental housing is owned by individual landlords.
  2. Almost 1/3 of all U.S. housing is rented.
  3. Almost 60% of all housing is detached single family homes.
  4. There are over 115,000,000 housing units in the United States.

  More ...>


Houston Rentals: Renting is the New Norm

Have you tried to sell your Houston-area home or condominium and had little luck? Has it been on the market for months and months and have you slowly (and maybe even grudgingly) lowered the price again and again and still no takers?

 

Finally, have you thrown your hands up in frustration and replaced the “For Sale” sign with a “For Rent” sign from a property management company only to – happily – see it rented by a great tenant in a matter of a few weeks or even days?

 

You’re not alone.  More ...>


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