Aug. 1, 2012

The latest Texas Quarterly Housing Report, compiled by the Real Estate Center at Texas A&M and issued by the Texas Association of REALTORS®, paints a strikingly different picture from the same time a year ago. In second quarter 2012, statewide home sales were up 13%, the median and average sales prices were up 7%, and the inventory of homes for sale was down 27% from second quarter 2011. These positive numbers give real credence to the idea that Texas continues to lead the nation in economic recovery. Why are things so different in the Lone Star State, and what can Texans expect for the rest of the year and beyond?
Read the report.
Listen to the podcast.