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Updated about 9 years ago on . Most recent reply

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481
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189
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Huy N.
  • Houston, TX
189
Votes |
481
Posts

Houston rental market slow sign of slow down?

Huy N.
  • Houston, TX
Posted

So i have a rental at north west Houston current listed right now and it almost hit 30 days mark. It is in a nice area and i was able to lease this one out with no problem in the pass. I wonder is it just me or has anyone see that your rental and sale are now sitting longer on the market?

Thanks

Huy

Most Popular Reply

User Stats

110
Posts
23
Votes
John Truong
  • Real Estate Investor
  • Houston, TX
23
Votes |
110
Posts
John Truong
  • Real Estate Investor
  • Houston, TX
Replied

I just had to remove a rental listing in Pasadena 77504 because I was bombarded with requests for viewings. I scheduled a 2-hour vewing yesterday morning and collected 10 applications. It was maybe $50 below market value.

There was another rental (not mine) close by that was just rented in less than a week.

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