Overview

§ This document here is to give an overview of the great and desired markets that SAR
CAPITAL LLC will look out for in 2020.
§ The information provided in this document has been analyzed and research from
firms such as RealPage, CBRE, Bloomberg, and more.
Compared to the rest of the country, the emerging real estate markets that we’ve named our best bets
for growth in 2019 are:
§ Gaining residents twice as fast
§ Gaining jobs more than twice as fast
§ 4 years younger on average
§ Seeing home values grow 50% faster
§ Staying affordable for residents—the average cost of living index is on par with the national
average
§ Seeing 20% faster rent growth than the rest of the country—enough to help property managers and
owners turn a profit, but not enough to scare renters into moving or buying homes at a faster rate
than usual
§ Located largely in the southern half of the country, particularly Florida and Texas
2 Houston, TX
Houston, TX

Houston Real Estate Market Statistics

Metropolitan statistical area: Houston-The Woodlands-Sugar
Land, TX
Population: 2,312,717 – 4ᵗʰ largest U.S. city (Wikipedia – 2017
estimate)
5-year projected population growth: 1.7% (PwC, 2018 – U.S.
average is 0.7%)
Median age: 33 years old (City Data, 2016 – U.S. median is 38)
Median household income: $47,793 (City Data, 2016 – U.S.
median was $57,617)
5-year projected employment growth: 1.6% (PwC, 2018 – U.S.
average is 0.6%)
Cost of living index: 94 (City Data, 2016 – U.S. average is 100)
Rent-to-household-income ratio: 20.2% (PwC, 2018 – less than
30% is ideal)
Median 1-bedroom rent: $838 (Rentonomics, 2018 – U.S. median
is $743)
Year-over-year rent growth: 1.8% (Rentonomics, 2018 – U.S.
average is 1.5%)
Median single-family home sale price: $240,200 (NAR, Q3 2018
– U.S. median is $266,900)
Year-over-year home sale price growth: 2.7% (NAR, Q3 2018 –
U.S. median is 4.8%)