Real Estate Center at Texas A&M
Last year was a record year for the sale of Texas homes for three particular reasons, according to the Texas A&M University Systems Real Estate Center. At 356,576 homes sold throughout MLSs in 2019, research associate Wesley Miller said there was a combination of reasons for the growth: Low interest and mortgage rates Domestic migration…
Read MoreIn Texas, it’s all about jobs, jobs, jobs. A new report from the Real Estate Center at Texas A&M University says that the Texas economy gained 276,400 nonagricultural jobs from June 2014 to June 2015, an annual growth rate of 2.4 percent, compared with 2.1 percent for the United States. Many of the major metropolitan areas in…
Read MoreCorrected figures from the National Association of Realtors show that Dallas home sales have increased 1.82 percent in the first quarter of 2015 while median price grew 11.99 percent. Statewide figures show a strong start to 2015 for Texas home sales, with a year-over-year increase of 4.16 percent. Inventory is still an issue, with available…
Read MoreWith Western Texas Intermediate oil hovering around $45 a barrel, folks have been speculating about new home construction in Midland-Odessa and how layoffs and budget cuts might affect the spectacular boom of the past few years. But while economists might raise a red flag, local homebuilders say pent-up demand and a more diversified economy are…
Read MoreHoly crown moulding, Batman! Can you believe this? Bloomberg News just published a story saying that of the top 20 housing markets in the good ‘ol US of A, Dallas performs better than every single one of them! Since the loud pop of the national housing bubble bursting, Dallas has recovered and gone on to…
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