Why You Should Invest in Houston Real Estate
Houston, one of the four major cities located within the TexaPlex, is known as the city of infinite possibilities – a title well-deserved, considering that its name was the first word ever spoken on the moon’s surface. At over 600 square miles, and with nearly 6 million residents, Houston is the 4th largest city in the US and its fastest growing, with an estimated population growth of more than 30% by the year 2030.
All these facts, combined with certain other factors, such as the city’s economy, energy sector, lifestyle, education, and healthcare, make Houston a prime attraction for everyone, from job seekers to investors and from students and entrepreneurs to giant corporations. Furthermore, all these advantages that Houston has to offer make it a heaven for real estate investment. Let us then take a closer look at these factors, and consider the top reasons why you should buy real estate in Houston.
1. The Economy
Houston boasts of some of the best infrastructure in the world, with the planet’s sixth largest airport, and a public transportation system with over 1400 buses, the third largest taxi fleet in the US, and a 7.5-mile railway line. Furthermore, the city is home to an incredible 29 companies listed in the Fortune 500, in addition to 16 Fortune 100 fastest growing companies. No wonder then, that Houston created more jobs than any other city in the country last year.
2. Energy Sector
Known as the energy capital of the world, the city hosts more than 5,000 energy related firms, and applies an innovative, progressive, and environment-friendly approach, which sees 32% of its electricity produced from wind energy. Houston has been ranked as the #1 municipal purchaser of green power by the Green Power Partnership of the EPA.
3. The Lifestyle
The city offers a wonderfully diverse mix of population, with 90 different languages spoken, representing the various ethnic backgrounds of the people of Houston. There is also a vibrant and thriving arts and culture scene in the city, with annual events like the Houston Greek Festival, the Houston International Festival, the Bayou City Art Festival, and the Houston Auto Show.
4. Education
Houston has an astonishing 60 plus colleges, universities, and other institutions which can proffer degrees, with more than 360,000 students enrolled in them. Now that Forbes has ranked Houston as the best city for college graduates, a lot of these students will elect to stay in the city and contribute towards its success and prosperity.
The Healthcare
The city is also home to the Texas Medical Center, which is the largest complex of its kind in the world, at 20 million sq. ft. with more than 50,000 employees, and treats around 5 million patients per year. Furthermore, the MD Anderson Cancer Center – the #1 cancer center in the U.S. – is also located in Houston.
Everything that is required to make sure that your real estate investment provides the desired returns and a secure income stream in the future is present in Houston, the next great cultural and economic city of the world.
Houston real estate will provide dependable income and the potential for excellent appreciation for many years to come.
To find our how you can get started investing in Houston real estate, give us a call at: 888.539.7480
The Cash Flow Texas Team