Texas housing is up across the board
12/01/2015 | Author: Editorial Staff
The year isn't over, but signs say 2015 may be a record-setting year for Texas real estate.
The 2015 Texas Annual Housing Report, released today by the Texas Association of REALTORS®, shows increases in every segment of the Texas housing market, including sales of condos, land, and luxury homes, and sales to international and out-of-state homebuyers.
“The Texas real estate market has been firing on all cylinders in 2015. People are relocating to Texas from far and wide, homes in all price classes are in high demand, and the number of available properties is slowly rising,” said Scott Kesner, chairman of the Texas Association of REALTORS®.
- More than 538,000 people moved to Texas from out-of-state.
- International homebuyers accounted for more than $8.32 billion in Texas.
- Small land sales increased 20.69% statewide.
- Sales of million-dollar homes increased as high as 26% in major metros.
Want to learn more? Download the full report.
Leave a Comment
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.