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Updated almost 8 years ago,
- Real Estate Broker/Owner & Property Manager
- Sugar Land, TX
- 459
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JL REI Monthly Meeting: Houston SFR Rental is Bullish...
I attended the last week Jet Lending Monthly Wednesday meeting at RedNeck country club. It was totally packed and it was my first time going to the event. So many investors packed to collaborate and gather info..
It was nice presentation by Dr. Mark G. Dotzour who is a real estate economist who served for 18 years as Chief Economist of the Real Estate Center at Texas A&M University.
He gone over lots of stats and facts about Houston market which was really good treat for investor eyes. Just thought I will some of important points. Share more if you attended it.
1. 6 month inventory - Houston market is in equilibrium and bullish on SFH prices for future.
2. SHR Rental market is poise to grow more with more demand and less inventory
3. Oil price is supposed to be where it is after ups and down and puts oil companies in good place. Stable growth from now on...
4. Almost out of Recession and no recession or bubble in the sight..
5. It's not great time compared to 2008-2009 but good time to ride the bull market in real estate investing.