Texas is coming out of the Great Recession and leading the United States in the current U-shaped economic recovery, according to the Real Estate Center’s latest monthly review of the Texas economy. After 16 months of job losses, the state’s annual employment growth rate turned positive in May 2010 and posted an annual employment growth [...]
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The U.S. Senate has approved a plan to extend incentives for first-time home buyers. The plan would give buyers an extra three months to close on their house. Under the current plan buyers had to sign a sales contract by April 30th and have until June 30th to complete the sale to receive up to [...]
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A total of 13,064 existing single-family homes were sold in Texas last month, a 2 percent drop from February 2009, according to MLS data compiled by the Real Estate Center at Texas A&M University.The median price was up 2 percent to $141,100 during the same period, and the state finished the month with a 6.9-month inventory of existing homes. Here is [...]
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More Americans are moving into the Lone Star state than anywhere else in the country, says the Census Bureau. Americans, it seems, still have a love affair with the West. Texas and Wyoming were the big winners in the Census Bureau’s annual population estimates, which were released on Wednesday. In the year ended July 1, [...]
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A total of 19,347 existing single-family homes were sold in Texas last month, a 15 percent increase from October 2008, according to MLS data compiled by the Real Estate Center at Texas A&M University. The median price rose 1 percent to $143,300 during the same period, and the state finished the month with a 6.9-month inventory of existing homes. Here is [...]
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