Tag: houston

November 30, 2017

Has the Texas Real Estate Market Slowed?

by Mark Sprague I am frequently asked if the Texas real estate market has slowed. In this piece I’ll explain the state of the market and try to answer this question. First, some context. Austin real estate has been traveling at light speed with over 60% appreciation on residential real estate in the last ten […]

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December 18, 2015

End of year Texas economic review

It seemed like the Texas growth miracle would never end. Texas has led the nation in job creation and home price appreciation since the end of the Recession. 2013 was a tremendous year, with home price appreciation at 15% or greater in all Texas metros. 2014 saw continued strength but a slowing of demand. At […]

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September 18, 2015

Texas metros remain sellers’ markets

We are in interesting times. Texas metros have had hot real estate markets for the past five years. For the last few months, we have had questions at both end of the selling spectrum. On the one hand, we are still seeing a sellers’ market in terms of inventory and demand. On the other hand, […]

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July 10, 2015

Mid-year condo report doesn’t tell the whole story

The Texas Association of Realtors released a report about condo sales in the Austin, DFW, San Antonio, and Houston metro areas. Values are strong in all, and sales are strong and improving except for Austin. According to the report, Austin, Dallas, Houston, and San Antonio experienced an aggregate 1% decrease in condo sales between January […]

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October 3, 2014

Metropolitan job growth drives demand for all real estate channels

The median price for homes in the state of Texas hit another all-time high in June 2014 in the four major metros, and demand for homes in the state continues to be strong, but demand has seems to reached a plateau in the last couple of months with values and rents continuing to remain strong […]

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July 25, 2014

The future of Texas is bright

With the media attention on the lack of housing starts and the lukewarm national economy, I felt it was time to revisit why Texas continues to stand out from all the negative news about the national economy. The $1.3 trillion Texas economy has shown a complete recovery from the Great Recession and is getting stronger, […]

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June 20, 2014

Houston and DFW midyear review

Last week we started our midyear review of Texas markets with a look at San Antonio and Austin. This week we will be looking at DFW and Houston. As stated last week, the majority of our state has enjoyed tremendous job growth and all the benefits it brings. Over the last twenty-three years, the number […]

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March 7, 2014

Factors driving the Texas economy

Texas cities are clearly the place to be in terms of job creation, wealth formation, and overall growth. All the major Lone Star cities continue to show economic strength while the rest of the nation struggles. I thought we would look at each of the metros and see what is driving the growth in each […]

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October 25, 2013

Continued job growth drives strong Texas real estate market

The median price for homes in the state of Texas hit another all-time high in September 2013 in the four major metros, and demand for homes in the state continues to surge to record levels, increasing home values and rents. On a statewide basis, 271,839 single-family homes were sold in the last 12 months, up […]

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August 23, 2013

Texas real estate: no sign of slowing down

Texas continues to lead the national economic recovery. Home prices are on the rise, businesses are relocating here, and jobs are being created. I wanted to revisit the major Texas metros and examine all channels of real estate to really show how well we are doing. First, understand that the median price for homes in […]

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July 19, 2013

Another look at rising interest rates

With Texas seeing the resurgence of a seller’s market the last year, there has been concern over what could stop it. One concern is the ending of rock-bottom interest rates, and how it will impact the real estate market. We will begin to find out. Last month the nation learned that the days of ridiculously […]

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December 14, 2012

2012: A Year in Review – San Antonio, Houston, and DFW

Last week we talked about the major 2012 happenings in Austin real estate. This week we wanted to focus on the other Texas metros and the strength of their markets. San Antonio Over the last year, San Antonians have shown more confidence as the city’s economic base expands – signs of an improving metro economy […]

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