(function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start': new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0], j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src= 'https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f); })(window,document,'script','dataLayer','GTM-5WB8HLVL'); Texas Home Sales Reach All-Time High | Hamilton Zanze

Texas Home Sales Reach All-Time High

hamilton-zanze November 12, 2013

The Texas housing market continues to sizzle, as the Texas Association of Realtors reported that 80,105 single-family homes were sold in Q3 2013—the most recorded for a single quarter. The sales volume was also 19% higher than the third quarter last year.

It is not surprising then that the state’s housing inventory fell to a historically low level of just four months (meaning it would take approximately four months to sell all homes currently listed). “To have only four months of inventory in a market as large as Texas is remarkable,” said Jim Gaines, an economist at Texas A&M University, underscoring the hot housing market.

Read more at Austin Business Journal

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