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2 factors drive demand for million-dollar homes in Texas

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01/05/2015 | Author: Editorial Staff

Million-dollar properties are in demand in Texas. In fact, the 2015 Texas Luxury Home Sales Report, released today by the Texas Association of REALTORS®, shows sales volume increases for homes sold at $1 million or more in all four of the state’s largest markets.

Scott Kesner, chairman of the Texas Association of REALTORS®, says job growth and population growth in Texas are helping drive the state’s luxury market. “We’re seeing more demand for luxury properties from Texans whose incomes are increasing, enabling them to move up, and from those moving to our state from elsewhere in the country.”

Download the full report to see how the luxury-home sales performed in Houston, Austin, San Antonio, and Dallas-Fort Worth. 

Categories: Research
Tags: statistics, research, texas luxury home sales report, luxury homes

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The material provided here is for informational purposes only and is not intended and should not be considered as legal advice for your particular matter. You should contact your attorney to obtain advice with respect to any particular issue or problem. Applicability of the legal principles discussed in this material may differ substantially in individual situations.

While the Texas Association of REALTORS® has used reasonable efforts in collecting and preparing materials included here, due to the rapidly changing nature of the real estate marketplace and the law, and our reliance on information provided by outside sources, the Texas Association of REALTORS® makes no representation, warranty, or guarantee of the accuracy or reliability of any information provided here or elsewhere on texasrealestate.com. Any legal or other information found here, on texasrealestate.com, or at other sites to which we link, should be verified before it is relied upon.

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