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Tuesday, January 27, 2009

Buying a Houston Condominiums

By R. Kim

Houston Texas is the fourth largest city in the entire United States and it is the largest city in Texas. This makes it a bustling city with many options for living and many homes to chose from. NASA Space Center, museums, and downtown aquarium makes Houston an attractive place to enjoy life.

Houston is just a one hour drive from Galveston and the Gulf of Mexico. Just 20 south of downtown Houston is where the Battle of San Jacinto took place and Texas won its independence from Mexico.

When it comes time to look for a home in Houston, you will want to examine all possibilities. One option would be a condominium. Whether you rent or buy, a Houston condominium is an excellent choice. From the modest, suburban home to the luxurious, downtown high-rise, condos are available for every taste and price range.

If you decide to purchase a Houston condominium, the average selling price is $216,499. The average price per square foot is $132.68. However, the range is large. You can find a bargain at $60,000 or, if money is no object, you can spend more than one million dollars on a single condo.

If you don't want to purchase a Houston condominiums, renting one will be a good options, although home ownership is better for your financial situation but if yo can't come up with down payment this can be perfect option to choose. Average rental price is around $1,100, but the rental price can range from $600 to four or five thousand dollars.

With population of nearly three million, the job market is viable and the home market is not as weak as rest of the country. There is also lots of entertainment and activities for you family to enjoy. Texas a friendly state and you can feel the southern hospitality from your neighbors. A Houston condo will be waiting for your occupancy.

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