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.
A terrific realtor, the best I've seen. She is friendly, energetic, professional and committed to getting the job done.... read moreA terrific realtor, the best I've seen. She is friendly, energetic, professional and committed to getting the job done. She took a home that wasn't moving, made a few improvements with little money, re-listed it and had a contract within a week that recouped the cost of improvements with interest. She attended to every detail going above and beyond the call of any realtor that I have experienced. I am happy to recommend Jill Wente as a realtor without reservation. read less