In third quarter, demand and prices for Texas homes hit historic highs, inventory at historic low

In Texas, the weather is cooling off, but the real estate market remains red hot, according to the third quarter edition of the Texas Quarterly Housing Report released today by the Texas Association of REALTORS®.

“In the fall, Texas REALTORS® usually start to catch their breath as the summer selling season draws to a close, but not this year,” said Shad Bogany, chairman of the Texas Association of REALTORS®. “Demand for Texas homes remains strong and prices are increasing, keeping buyers and sellers in the market, and Texas REALTORS®, busy.”

According to the Texas Quarterly Housing Report, 80,105 single-family homes were sold in Texas in the third quarter of 2013. That is 18.97% more than the same quarter last year and, for the second quarter in a row, the highest volume of homes sold in Texas since the Texas Association of REALTORS® began issuing the report in 2009.

Read full report at Texas Real Estate Blog.

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About bobbyfletcherhomes

I am a licensed Realtor in the Great State of Texas, specializing in residential sales, leasing and property management in North Dallas and northern suburbs - exciting places like Frisco, McKinney, Plano, Little Elm and Carrollton.
Gallery | This entry was posted in Buying a Home, Dallas Real Estate News, Selling Your Home, Texas Business and tagged , , , , , , , . Bookmark the permalink.

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