1. Houston, Texas with Projected 3-year rent increase of 18%, Q2 home price of $174,000, Current monthly rent of $818, and an annual job growth of 2.5%.
According to Local Market Monitor, the other top cities for being a landlord are
2. Grand Rapids, MI
3. Rochester, NY
4. Dallas, TX
5. Tulsa, OK
In Spring, Texas, the demand for single family homes rentals are up 25% over 2010. Property managers are reporting increases in monthly rents of 5% to 10%. It’s the first rental increase they have seen over the last several years. People relocating to Spring Texas are surprised and disappointed with how little their rental housing dollars stretch. Tougher loan requirements, higher down payments, and previous homeowners now having to rent due to foreclosure are all driving demand for rental properties.
Jill Wente is an incredible realtor! We lived in the area for about 3 years before taking the house-hunting plunge... read moreJill Wente is an incredible realtor! We lived in the area for about 3 years before taking the house-hunting plunge and truly could not have chosen a better realtor to work with. Jill is professional and patient, she is an incredible resource who is 100% there for her clients at all times. We had a lot of questions and didn't want to pay any closing costs or prepaid costs out of pocket - Jill is a Master Certified Negotiation Expert and it SHOWS. We got exactly what we wanted at the price we wanted AND had several bonuses thrown in, including appliances and gutters. She was there for inspections/walk-throughs and kept in contact with our builder's salesperson as well. If you want a strong realtor who is also pleasant to work with (which I've learned is rare), then Jill is the realtor for you!! read less