Dallas-Fort Worth Real Estate Investor Club

Texas Housing Insight

  • 07 Nov 2018 11:38 AM
    Message # 6893245

    If you are into analyzing data in Texas real estate then I would highly recommend following the Texas A&M Real Estate Center.  Most economists state that a healthy housing market will have homes listed for sale for around 60 days. If an average home is on the market for 60 days that means that production = demand and that first time homebuyers have a fair shot at buying a reasonable home. If someone's home was on the market for 60 days in Dallas-Fort Worth the seller would lose their MIND! We've been fortunate for about 10 years here in Texas with a robust economy. The article from the Texas A&M Real Estate Center is a great read if you are into housing numbers. We are still way below that 60 day threshold but some other indicators might be showing we are moving towards "normality".

    https://www.recenter.tamu.edu/articles/technical-report/Texas-Housing-Insight

    Last modified: 07 Nov 2018 11:41 AM | Andrew Postell
  • 13 Nov 2018 11:49 AM
    Reply # 6902855 on 6893245

    Andrew - thanks that was a worthwhile read...much obliged.


    ~ Michael Ennis

Powered by Wild Apricot Membership Software