Median Household Income

Thanks to Increasing Household Income, New Home Sales Get a Boost in Texas

By Joanna England / March 3, 2014 /

So, as it turns out, if household income increases, then more families have more money to buy new homes. I know. I’m totally shocked, too. What you’ll find interesting is that Texas, with our steady job market and low taxes has resulted in the Lone Star State leading median household income growth AND new home…

Dallas Real Estate Facts: Baby Boomers Boost Vacation Home Sales As Home Prices Fall

By Candy Evans / April 4, 2011 /

543,000 vacation homes were sold in 2010, ten less than in 2009. 867,000 investment homes were sold in 2010 940,000 investment homes were sold in 2009 Only 25 percent of vacation home buyers plan to rent them. Only 20 percent of investment buyers plan to use their second homes themselves. The median price of a…