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Although many real estate analysts have been concerned that the housing market oil refinery machine might not have stabilized, the forecast for the rental market in Houston remains upbeat. This is optimistic news for the first quarter of 2011.

Prior to making an important purchase, Houston property managers and real estate agencies have determined that new residents are testing the waters to see if home prices even out. Although the demand for rental units is good, people want to rent first to check things out before they move into the market. In this economy, the main concern that new residents have is trying to sell their existing property elsewhere.

Although there are many homes for sale in Huston, there has also been an influx of new Boeing employees which makes rentals a viable option. oil press There is an all time high demand for rentals and the agents in Houston believe this trend will be here for a while.

Many potential buyers are put off because of the slow market. They rent because they can sell their existing property. The troubled market combined with this lack of activity only serves to compound the problem. Also many investors are afraid to move forward, although sales have been strong.

Many buyers have a wait and see attitude as new jobs continue to open in Houston. Some people want to be sure that Houston is where they want to live permanently. Other people want to sit on the sidelines until the market stabilizes and are simply concerned about the prices.

A slow recovery is the forecasts for the direction of the housing market. The consumer perceptions about the real estate market are driving the buyers concerns many are wondering if the market has hit the bottom. However, the sellers aren going to see a significant difference in the next two or three years, and they should be realistic. The strategy for many people is to wait for a better investment in the future. Considering that right now you can rent for much less than a monthly mortgage, it only makes god sense to rent as long as it is only for a relatively short period of time. . Considering the demand rentals in Houston are moving rapidly. Many rental property owners have reported that there is a waiting list of potential renters because occupancy is at the maximum. The demand for more rental homes is increasing. Some rental properties have moved in a few as 48 hours and if a decent house is priced anywhere between $1,500 and $2,000 it will usually be occupied somewhere between 30 and 45 days.