What if you could buy a brand new home in a growing community, lease the home immediately for more than your monthly note, and have instant equity of 10% or more? Does that sound like a solid investment? These opportunities abound in Suburban Houston, where home values and rental rates continue to climb. Nationwide homebuilders are suffering from slowing markets outside Texas, so they're offering incredible incentives to unload inventory homes. Typical inventory homes can be acquired for 10-15% below list price, yet homes built-to-suit are still selling for at or near list price. All of this in a market where commercial and residential development is as strong as ever. Take this example: In the popular Spring area of North Houston, a major homebuilder is offering homes starting in the ...
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