How much does it cost to own a home in Houston compared to other big cities?
How much does it cost to own a home in Houston? Out to the 15 largest metro areas in the nation, Houston ranks 11th in price for a home. PITI average payment in Houston would be $1,338 on a $235,000 house. Median home prices from the National Association of Realtors' second-quarter report to determine the monthly mortgage payment. The site assumed a 20% down payment and a 30-year fixed mortgage at an interest rate of 4.11%, as well as, average property taxes charged in the city.
https://www.msn.com/en-us/money/realestate/heres-how-much-it-costs-each-month-to-own-a-home-in-the-15-largest-us-metros/ss-AAr65b8?ocid=spartanntp#image=1
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This blog is to let people know what is going on in Houston real estate market, as well as, highlight some special homes and developments around the region. Additionally, I will provide some TIPS and other items real estate related.
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