November 17, 2015

To Buy or Not to Buy in Houston?

According to a new housing affordability report, Houstonians are better off buying a home than renting. Now is the time, not just to buy a home, but to build your home. Princeton Classic Homes is a premier luxury home builder in Houston.

On average, Houstonians spend 12.3% of their monthly income on a mortgage payment in comparison to the 30.6% Houstonians spend on their rent payments. The Bayou City is one of the best cities in the country for people thinking of taking the leap from renting to buying.

Princeton Classic Homes is here to help you make the leap. We build your home in any of our master-planned communities or we build on your own lot. We give you the opportunity to build a luxury home within your means.

Houston ranks as No. 2 among 34 cities offering the biggest savings between renting and buying a home. This is the place to build your lifetime home.

Nationally, the average American spends 15% of their monthly income on a mortgage payment. The average American spends 30.2% of their monthly income on rent payments. Houston is doing better in the housing market than a majority of the nation.

Houston homes are relatively more affordable than homes in other major cities across the nation. We’re here to help you get into the home you’ve always wanted and can afford. You could not find a better time to build your lifetime home. Not only are mortgage payments cheaper than rent payments, but we can build you luxury within your means.

Find your Houston home with us. We have ready-to-build and move-in-ready inventory available. You can chat with us – no matter what your financing needs are. Princeton Classic Homes is ready, willing, and able to make your move up as easy and enjoyable as possible.