Is investing in Texas real estate a good idea?
Is investing in Texas real estate a good idea? Texas, as a whole, has a great real estate market. According to Zillow data, the current median home value is $295,319. Home values have risen about 24% over the past year. It’s a strong seller’s market, which means homes are selling fast and fetching a high sale price.
Is rental property a good investment in Texas? Demand for rental property in Texas is driven by various factors, including a robust job market, strong in-migration, a lower cost of living, and business-friendly climates. The most recent snapshot of the state’s economy reveals that the job recovery rate in Texas since the peak pandemic impact is 115%.
Is Arkansas a good state for real estate? CNBC recently ranked Arkansas the 20th best state for business in the country. Low real estate and construction costs make business start-up and relocation opportunities in the state attractive. Moreover, the state has the 5th lowest cost of living, 28th best-educated workforce, and 31st-best infrastructure.
Is Little Rock Arkansas a good place to invest? In and around Little Rock, Arkansas, there are many great options for individuals or families looking to buy a home. With its low cost of living and beautiful scenery, Little Rock offers some of the best investment property in the country.