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apartments in houston Texas. Galleria, westheimer, texas medical center, kingwood, woodlands, alief.
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may 2008 specials southwest
galleria
apartments area
77057 Southwest
uptown.
westheimer apartments 77063 woodlake briarforest
choices.
memorial briarforest
77079
West I-10.
west chase 77042
west on westheimer rental apt .
spring branch 77080
community in west-northwest
it also includes the incorporated villages of
Bunker Hill, Hedwig, Hilshire, Hunters Creek, Piney Point and Spring Valley.
sharpstown
77036 westwood Southwest .
alief
77072 zip code
77082 .
Stafford
77477.
Sugar Land
77478,77479zip
code .
texas medical center apartment Texas Medical Center
greenway plaza apartments SW mid town
inside the loop.
montrose museum district
77006,77007
inner loop.
Downtown
zip code 77002,77004,77005,77008,77019.
Almeda Gulfgate
77089.
clear lake
77058,77062 South
Hwy I-45 .
pasadena deer park
77504, 77536.
hwy 288 south
77584.
friendswood pearland
77486,77581.
Alvin
77511.
Galveston
77551 Hwy I-45 South.
greenspoint 77060.
IAH airport
77032 North
Hwy I-45 & Hwy 59
.
woodlands
77380 North
Hwy I-45 .
kingwood
77339
North Hwy 59.
Humble
77356
wood forest 77015.
Brookhollow 77092.
Inwood
77088.
Tomball
77375 West Hwy 290.
champions 77069 Northwest Hwy 1960 I-45 Hwy 290.
steeplechase
77065
West Champions FM 1960 West
.
bear creek copperfield
77095 West Bear
Creek-Copperfield .
katy
77450
I-10 West
- Katy Texas .
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reminder.
The metropolitan has many residential neighborhoods, both within the
city limits, and numerous suburban areas surrounding the city. The City
spreads over three counties Harris county, Fort Bend county and
Montgomery county total of 497,583 residence units in 240 different zip code your
new home.
places to go | temporary housing
| disclosure
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Dallas |
San Antonio
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Relocations are classified as either being inside or outside Interstate 610, known as the 610 Loop which include the
Central business district and the cities of West University, Southside Place, Bellaire. The outlying
areas, as well as the rest of Bellaire, the airports and the suburbs and enclaves are outside the loop. Another ring road, Beltway 8 also known simply as the "Beltway", encircles the city another 5 miles
further out. Yet a third - the "Grand Parkway", has begun construction roughly 10 miles beyond that around the outer
suburbs and extends from Katy to Sugar Land
.
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Market Performance / Greater Houston - April 2008
Operating New Units
Supply Added to Total Units Price
Year # of Units Market Absorbed Occupancy ($/mo)
1995 421,646 4,760 7,339 89.3% $463
1996 425,975 4,893 5,852 89.8% $476
1997 429,206 3,522 6,955 90.7% $501
1998 439,785 15,407 9,097 90.6% $540
1999 457,364 15,910 8,737 89.1% $552
2000 465,438 9,573 13,739 90.5% $569
2001 473,388 7,729 11,276 91.3% $605
2002 480,264 7,326 2,309 90.5% $616
2003 495,735 14,605 -4,171 86.8% $614
2004 507,015 11,126 3,202 85.5% $623
2005 517,762 10,914 34,292 90.4% $658
2006 526,421 9,140 -4,547 88.0% $662
2007 536,829 14,418 5,826 87.4% $685
2008
540,073 4,069 3,125 87.3% $693 |
The market has seen impressive growth in occupancy due to the increase in foreclosures as a
result of the sub-prime lending fallout. The foreclosures forced many homeowners to relocate back to multifamily housing. In particular,
Classes A and C properties have seen the greatest increase in occupancy.
The generally accepted definition of
affordability
affordable
apartment
is for a household to pay no more than 30% of annual
income on housing. Many families whose housing payments exceed this
percentage cannot afford such necessities as food, clothing,
transportation, and medical care. (U.S. Department of Housing and
Urban Development, HUD) .
By definition a room or set of rooms fitted facilities and leased as a dwelling
- building intended to be occupied containing several individual rooms, flat to let, suite, tower block, residence, floor-through, walk-up, loft, town-house,
multifamily housing community, lodgings, housing complex, leasing, letting, property.
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