Houston! I am coming home! We often hear than in NASA centric movies but the truth is that Houston is a great place to live in. Here are some facts that make Houston one of the most sought after place for spending a lifetime in:

1. In 2008, Texas was in the 24th position in the list of highest foreclosure rates;
2. Houston foreclosures played an important role in the overall rate of Texas foreclosure;
3. 3,550 Houston foreclosures available for auction in the beginning of 2009;
4. The cost of living in Houston is approximately 39% lower than the average cost of living in some of the major metropolitans in Texas and across the US;
5. If you are buying Houston foreclosure properties then one of the good things is that there will be no local or state income taxes for you;
6. Houston is considered as an expanding economy with almost 21 Fortune 500 companies headquartered in this city. This has given Houston “Numero Two” ranking only after New York City;
7. Houston is the 4th largest city in the United States of America and has a multi-cultural population of nearly 4.7 million;
8. If you buy a single family home through Houston foreclosures then your children can enroll in any of the 40 universities, colleges, and educational institutions in the city;
9. The average temperature in Houston is 68 degrees;
10. There are in excess of 500 parks and then there is the famous Johnson Space Center of NASA.

If the above are not tempting enough then you should check out the average sales price of Houston foreclosures. The average listing price of Houston foreclosures in great uptown was $795,056 at the end of last week. It was as low as $362,286 in Greater Heights at the end of last week (February 25). You can find a 4 bedroom / 2 ½ bath, 2,496sqft single family Houston foreclosure home for approximately $380,000. Some of the best places to find Houston foreclosures include River Forest Drive, Rosehill Ct, Durango Bay lane, and Stuart Street among many others. There is a huge inventory of Houston foreclosures and this is the time to take advantage of these low-priced, “within your budget” homes.

Subscribe via RSS or Email:

Follow us:

Written by Alex Rolim.