Potential homeowners and tenants should consider these financial pointers before deciding whether to rent or buy a house in Houston.We know real estate is tough, especially if you're a first-time home buyer. But hope remains that you will still be able to purchase that house you've been eyeing online.found that a buyer needs 70% more income in Houston than in 2020 to comfortably afford a home.
According to the report, Space City ranks as the No. 1 riskiest city, as 98% of homes are at risk of extreme heat, and 64% are at risk of severe flooding within the next three decades.The list was evaluated through insurance-related factors, according to its website, and Houston was the only city in Texas in the top 10, with Corpus Christi at No. 15. The majority of the other cities were in California, Louisiana, and Florida.