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Keller Williams Realty : 12515-8 Reseach Blvd. Ste. 100 - Austin TX 78759 : 512-844-4065 |
Recently the entire homes sales data was gathered to determine where Texas and individual cities compare to the prior year. Well the news for Texas is not all that bad. The Texas Real Estate Center at Texas A&M University reports that over 21,717 resale homes were sold in Texas this past June, 2010. The data was complied from the MLS system.
The interesting fact is the months of inventory for homes in Texas is unchanged from the prior year and the median sale price is down slightly 1% to $153,300. Dallas is up 2%, Austin is up 4%, where as San Antonio, Ft. Worth, and Houston are all down. The average Months of Inventory for existing homes in Texas is 7.8, clearly a buyers market.
Below are a few Texas cities from data gathered by the Texas Real Estate Center which is current as of July 26, 2010) "Additional home sales data for these and other major Texas cities are available on the Center's website":
| Sales |
Change from |
Median Price |
Change from Last Year |
Months' Inventory |
|
| Austin | 2,216 | down 2% | $202,800 | up 4% | 7.2 |
| Brownsville | 50 | down 14% | $96,000 | up 11% | na |
| Dallas | 4,554 | down 3% | $170,100 | up 2% | 6.8 |
| El Paso | 736 | up 53% | $132,600 | down 1% | 6.8 |
| Fort Worth | 833 | up 5% | $111,800 | down 6% | 6.9 |
| Houston | 6,175 | up 3% | $158,100 | down 3% | 7.5 |
| Kerrville | 30 | down 35% | $151,400 | down 13% | 22.8 |
| Lufkin | 56 | up 2% | $120,000 | up 9% | na |
| Odessa | 131 | up 87% | $125,300 | down 6% | 7.9 |
| San Antonio | 1,924 | down 1% | $151,700 | down 3% | 8.2 |
| Texas | 21,717 | 0% | $153,300 | down 1% | 7.8 |
Buying a home in Texas is ideal with low interest rates and enough inventory on the market that should satisfy the pickiest buyer. Prices in the Austin area have dropped a bit and the good homes are selling. The market still has some significant dead inventory on the market. Regardless if you are thinking of buying a home this year or next, now is the time to get out and shop.
TEXAS HAS IT ALL
Feeling a litle Down?- Why not Visit
Smiley , Texas 78159
Paradise , Texas 76073
Rainbow , Texas 76077
Sweet Home , Texas 77987
Comfort , Texas 78013
Friendship, Texas 76530
Love the Sun?
Sun City , Texas 78628
Sunrise , Texas 76661
Sunset, Texas 76270
Sundown, Texas 79372
Sunray , Texas 79086
Sunny Side , Texas 77423
Want something to eat?
Bacon , Texas 76301
Noodle , Texas 79536
Oatmeal , Texas 78605
Turkey , Texas 79261
Trout , Texas 75789
Sugar Land , Texas 77479
Salty, Texas 76567
Rice , Texas 75155
Pearland , Texas 77581
Orange , Texas 77630
And top it off with:
Sweetwater , Texas 79556
Why travel to other cities? Texas has them all!
Detroit , Texas 75436
Cleveland , Texas 75436
Colorado City , Texas 79512
Denver City , Texas 79323
Klondike , Texas 75448
Nevada , Texas 75173
Memphis , Texas 79245
Miami , Texas 79059
Boston , Texas 75570
Santa Fe , Texas 77517
Tennessee Colony , Texas 75861
Reno , Texas 75462
Pasadena , Texas 77506
Columbus , Texas 78934
Feel like traveling outside the country?
Athens , Texas 75751
Canadian, Texas 79014
China , Texas 77613
Egypt , Texas 77436
Ireland , Texas 76538
Italy , Texas 76538
Turkey , Texas 79261
London , Texas 76854
New London , Texas 75682
Paris , Texas 75460
Palestine , Texas 75801
No need to travel to Washington D.C.
Whitehouse , Texas 75791
We even have a city named after our planet!
Earth , Texas 79031
We have a city named after our state
Texas City , Texas 77590
Exhausted?
Energy , Texas 76452
Pep , Texas 79353
Cold?
Blanket , Texas 76432
Winters, Texas
Like to read about History?
Santa Anna , Texas
Goliad , Texas
Alamo , Texas
Gun Barrel City , Texas
Robert Lee , Texas
Need Office Supplies?
Staples, Texas 78670
Want to go into outer space?
Venus , Texas 76084
Mars , Texas 79062
You guessed it. It's on the state line.
Texline , Texas 79087
For the kids...
Kermit , Texas 79745
Elmo , Texas 75118
Nemo , Texas 76070
Tarzan , Texas 79783
Winnie , Texas 77665
Sylvester , Texas 79560
Other city names in Texas , to make you smile.......
Frognot , Texas 75424
Bigfoot , Texas 78005
Hogeye , Texas 75423
Cactus , Texas 79013
Notrees , Texas 79759
Best, Texas 76932
Veribest , Texas 76886
Kickapoo , Texas 75763
Dime Box , Texas 77853
Old Dime Box , Texas 77853
Telephone , Texas 75488
Telegraph , Texas 76883
Whiteface , Texas 79379
Twitty, Texas 79079
And last but not least, the Anti-Al Gore City
Kilgore , Texas 75662
And our favorites...
Cut n Shoot, Texas
Gun Barrell City , Texas
Hoop And Holler, Texas
Ding Dong, Texas and, of course,
Muleshoe , Texas
Here is what Jeff Foxworthy has to say about folks from Texas ...
If someone in a Lowe's store offers you assistance and they don't work there, you may live in Texas ;
If you've worn shorts and a parka at the same time, you may live in Texas ;
If you've had a lengthy telephone conversation with someone who dialed a wrong number, you may live in Texas ;
If 'Vacation' means going anywhere south of Dallas for the weekend, you may live in Texas ;
If you measure distance in hours, you may live in Texas ;
If you know several people who have hit a deer more than once, you may live in Texas ;
If you install security lights on your house and garage, but leave both unlocked, you may live in Texas ;
If you carry jumper cables in your car and your wife knows how to use them, you may live in Texas
If the speed limit on the highway is 55 mph --you're going 80 and everybody's passing you, you may live in Texas ;
If you find 60 degrees 'a little chilly,' you may live in Texas ;
If you actually understand these jokes, and share them with all your Texas friends, you definitely live in Texas ..
Here are some little known, very interesting facts about Texas.
1. Beaumont to El Paso : 742 miles
2. Beaumont to Chicago : 770 miles
3. El Paso is closer to California than to Dallas
4. World's first rodeo was in Pecos , July 4, 1883.
5. The Flagship Hotel in Galveston is the only hotel in North America built over water. Destroyed by Hurricane Ike -2008!
6. The Heisman Trophy was named after John William Heisman who was the first full-time coach at Rice University in Houston ..
7. Brazoria County has more species of birds than any other area in North America
8. Aransas Wildlife Refuge is the winter home of North America 's only remaining flock of whooping cranes.
9. Jalapeno jelly originated in Lake Jackson in 1978.
10. The worst natural disaster in U.S. history was in 1900, caused by a hurricane, in which over 8,000 lives were lost on Galveston Island.
11. The first word spoken from the moon, July 20,1969, was " Houston ," but the space center was actually in Clear Lake City at the time.
12. King Ranch in South Texas is larger than Rhode Island ...
13. Tropical Storm Claudette brought a U.S. rainfall record of 43" in 24 hours in and around Alvin in July of 1979.
14. Texas is the only state to enter the U.S. by TREATY, (known as the Constitution of 1845 by the Republic of Texas to enter the Union ) instead of by annexation. This allows the Texas Flag to fly at the same height as the U.S. Flag, and may divide into 5 states.
15. A Live Oak tree near Fulton is estimated to be 1500 years old.
16. Caddo Lake is the only natural lake in the state.
17. Dr Pepper was invented in Waco in 1885. There is no period in Dr Pepper..
18. Texas has had six capital cities: Washington -on- the Brazos, Harrisburg , Galveston ,Velasco, West Columbia and Austin.
19. The Capitol Dome in Austin is the only dome in the U..S. which is taller than the Capitol Building in Washington DC (by 7 feet).
20. The San Jacinto Monument is the tallest free standing monument in the world and it is taller than the Washington monument.
21. The name ' Texas ' comes from the Hasini Indian word 'tejas' meaning friends. Tejas is not Spanish for Texas.
22. The State Mascot is the Armadillo (an interesting bit of trivia about the armadillo is they always have four babies.. They have one egg, which splits into four, and they either have four males or four females.).
23. The first domed stadium in the U.S. was the Astrodome in Houston .
TEXAS HAS IT ALL
Feeling a litle Down?- Why not Visit
Smiley , Texas 78159
Paradise , Texas 76073
Rainbow , Texas 76077
Sweet Home , Texas 77987
Comfort , Texas 78013
Friendship, Texas 76530
Love the Sun?
Sun City , Texas 78628
Sunrise , Texas 76661
Sunset, Texas 76270
Sundown, Texas 79372
Sunray , Texas 79086
Sunny Side , Texas 77423
Want something to eat?
Bacon , Texas 76301
Noodle , Texas 79536
Oatmeal , Texas 78605
Turkey , Texas 79261
Trout , Texas 75789
Sugar Land , Texas 77479
Salty, Texas 76567
Rice , Texas 75155
Pearland , Texas 77581
Orange , Texas 77630
And top it off with:
Sweetwater , Texas 79556
Why travel to other cities? Texas has them all!
Detroit , Texas 75436
Cleveland , Texas 75436
Colorado City , Texas 79512
Denver City , Texas 79323
Klondike , Texas 75448
Nevada , Texas 75173
Memphis , Texas 79245
Miami , Texas 79059
Boston , Texas 75570
Santa Fe , Texas 77517
Tennessee Colony , Texas 75861
Reno , Texas 75462
Pasadena , Texas 77506
Columbus , Texas 78934
Feel like traveling outside the country?
Athens , Texas 75751
Canadian, Texas 79014
China , Texas 77613
Egypt , Texas 77436
Ireland , Texas 76538
Italy , Texas 76538
Turkey , Texas 79261
London , Texas 76854
New London , Texas 75682
Paris , Texas 75460
Palestine , Texas 75801
No need to travel to Washington D.C.
Whitehouse , Texas 75791
We even have a city named after our planet!
Earth , Texas 79031
We have a city named after our state
Texas City , Texas 77590
Exhausted?
Energy , Texas 76452
Pep , Texas 79353
Cold?
Blanket , Texas 76432
Winters, Texas
Like to read about History?
Santa Anna , Texas
Goliad , Texas
Alamo , Texas
Gun Barrel City , Texas
Robert Lee , Texas
Need Office Supplies?
Staples, Texas 78670
Want to go into outer space?
Venus , Texas 76084
Mars , Texas 79062
You guessed it. It's on the state line.
Texline , Texas 79087
For the kids...
Kermit , Texas 79745
Elmo , Texas 75118
Nemo , Texas 76070
Tarzan , Texas 79783
Winnie , Texas 77665
Sylvester , Texas 79560
Other city names in Texas , to make you smile.......
Frognot , Texas 75424
Bigfoot , Texas 78005
Hogeye , Texas 75423
Cactus , Texas 79013
Notrees , Texas 79759
Best, Texas 76932
Veribest , Texas 76886
Kickapoo , Texas 75763
Dime Box , Texas 77853
Old Dime Box , Texas 77853
Telephone , Texas 75488
Telegraph , Texas 76883
Whiteface , Texas 79379
Twitty, Texas 79079
And last but not least, the Anti-Al Gore City
Kilgore , Texas 75662
And our favorites...
Cut n Shoot, Texas
Gun Barrell City , Texas
Hoop And Holler, Texas
Ding Dong, Texas and, of course,
Muleshoe , Texas
Here is what Jeff Foxworthy has to say about folks from Texas ...
If someone in a Lowe's store offers you assistance and they don't work there, you may live in Texas ;
If you've worn shorts and a parka at the same time, you may live in Texas ;
If you've had a lengthy telephone conversation with someone who dialed a wrong number, you may live in Texas ;
If 'Vacation' means going anywhere south of Dallas for the weekend, you may live in Texas ;
If you measure distance in hours, you may live in Texas ;
If you know several people who have hit a deer more than once, you may live in Texas ;
If you install security lights on your house and garage, but leave both unlocked, you may live in Texas ;
If you carry jumper cables in your car and your wife knows how to use them, you may live in Texas
If the speed limit on the highway is 55 mph --you're going 80 and everybody's passing you, you may live in Texas ;
If you find 60 degrees 'a little chilly,' you may live in Texas ;
If you actually understand these jokes, and share them with all your Texas friends, you definitely live in Texas ..
Here are some little known, very interesting facts about Texas.
1. Beaumont to El Paso : 742 miles
2. Beaumont to Chicago : 770 miles
3. El Paso is closer to California than to Dallas
4. World's first rodeo was in Pecos , July 4, 1883.
5. The Flagship Hotel in Galveston is the only hotel in North America built over water. Destroyed by Hurricane Ike -2008!
6. The Heisman Trophy was named after John William Heisman who was the first full-time coach at Rice University in Houston ..
7. Brazoria County has more species of birds than any other area in North America
8. Aransas Wildlife Refuge is the winter home of North America 's only remaining flock of whooping cranes.
9. Jalapeno jelly originated in Lake Jackson in 1978.
10. The worst natural disaster in U.S. history was in 1900, caused by a hurricane, in which over 8,000 lives were lost on Galveston Island.
11. The first word spoken from the moon, July 20,1969, was " Houston ," but the space center was actually in Clear Lake City at the time.
12. King Ranch in South Texas is larger than Rhode Island ...
13. Tropical Storm Claudette brought a U.S. rainfall record of 43" in 24 hours in and around Alvin in July of 1979.
14. Texas is the only state to enter the U.S. by TREATY, (known as the Constitution of 1845 by the Republic of Texas to enter the Union ) instead of by annexation. This allows the Texas Flag to fly at the same height as the U.S. Flag, and may divide into 5 states.
15. A Live Oak tree near Fulton is estimated to be 1500 years old.
16. Caddo Lake is the only natural lake in the state.
17. Dr Pepper was invented in Waco in 1885. There is no period in Dr Pepper..
18. Texas has had six capital cities: Washington -on- the Brazos, Harrisburg , Galveston ,Velasco, West Columbia and Austin.
19. The Capitol Dome in Austin is the only dome in the U..S. which is taller than the Capitol Building in Washington DC (by 7 feet).
20. The San Jacinto Monument is the tallest free standing monument in the world and it is taller than the Washington monument.
21. The name ' Texas ' comes from the Hasini Indian word 'tejas' meaning friends. Tejas is not Spanish for Texas.
22. The State Mascot is the Armadillo (an interesting bit of trivia about the armadillo is they always have four babies.. They have one egg, which splits into four, and they either have four males or four females.).
23. The first domed stadium in the U.S. was the Astrodome in Houston .
US News has posted the national rankings of schools both public and private http://shar.es/mzqMS and Westwood High School in the Round Rock ISD has made the Silver List. Other Schools in the Austin area include Westwood High School in Eanes ISD and Lake Travis High School in the Lake Travis ISD.
Westwood High made the list for International Baccalaureate program they have in place. This outstanding program allows students to be prepare for college and to earn college credit by taking IB courses. The IB program is globally recognized.
Westwood is Round Rock ISD second oldest school in the district. Located on the west side of the district within the Austin City Limits houses some 2500 plus students. The Round Rock ISD has an open enrollment program and the other 4 high schools offer varied core programs to suit the needs of the growing student population.
Live Austin, Play Austin, and Learn Austin.
Texas Home Prices Have Lowest Risk of Decline
A new study from the Real Estate Center at Texas A&M explains how and why the housing market for Texas was better off than other states during the recessionary downturn. The report also points to factors that the Texas economy should continue to improve and out perform other states in the coming month.
"Texas' lower-than-national-average housing cost is one reason for the state's higher-than-national-average growth rate," said Dr. Ali Anari, a Center research economist and one of the study's authors. "When Texans are able to spend more on nonhousing goods and services, the state's economy is strengthened and more people attracted.
"These results illustrate one of the key reasons the Texas economy outperforms the United States in terms of job growth almost every year," said Center Chief Economist Dr. Mark Dotzour. "The fact that Texans pay less of their income for housing means they have more to spend on other things that add to the overall quality of life. Texas offers a lower cost of living than many places in the United States.
"This allows Texas employers to be able to attract workers at a reasonable wage rate that allows them to compete successfully in the global economy," said Dotzour.
According to the Real Estate Center, Texas data for the study came from the Dallas-Fort Worth and Houston-Galveston-Brazoria metro areas because they are among the major metropolitan areas for which consumer expenditure data are available. These two metros accounted for 60.3 percent of Texas labor force last year and 64 percent of Texas GDP the previous year.
"Houston and Dallas consumers spent the smallest shares of their incomes on shelter in 2008 (18.6 percent)," said Anari.
The two Texas metros in the study had virtually no increase in their shelter expenditure shares from 1987 to 2008. Houston's share rose 1 percent while Dallas' share increased 2.2 percent. For more information on the study's findings, read the Center's news release.
National Housing - Are we at the BOTTOM and Looking Up?
A New Homes report from the (Houston Business Journal) is showing that new home sales surged 26.9% from February 2010 to March 2010, according to the Department of Commerce. One of the largest gains in a one month period with a 23.8% increase for new home sales year over year. The current inventory of new homes on the market is running 6.7 months with 228,000 homes as of the end of March. All indications are showing the reason for the spike was due in part to home buyer credit expiration looming and better weather.
Will the spike continue upwards after April 30th? All indications are showing with the increase of jobs the housing market should continue to gain during this peak selling and buying season. Employment growth in the industries of government, education, health services, and leisure and hospitality industries contributed to the further strengthening of the Texas economy. Education, health services, leisure and hospitality, along with government sector added more jobs to the Texas Economy from March 2009 to March 2010.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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