Home prices rise statewide in TexasPosted: August 05, 2011 at 8:37 AM by Deron TuckerThe Texas Association of REALTORS® provides media outlets with the Texas Quarterly Housing Report, which reflects what's going on in 47 of the state's markets.The latest report shows that real estate prices during the second quarter of 2011 indicate strength in the Texas market: The median price was $150,400, 1% higher than the same quarter of 2010. The average price in 2011-Q2 was $201,288, 4.6% higher than 2010-Q2.The increase in the average price of Texas homes indicates more activity among read more |
Pending Home Sales Rise Again in MarchPosted: May 03, 2011 at 7:06 AM by Deron TuckerMarch saw another increase in pending home sales, with contract activity rising unevenly in six of the past nine months, according to the National Association of Realtors®.The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 5.1 percent to 94.1 in March from a downwardly revised 89.5 in February. The index is 11.4 percent below 106.2 in March 2010; however, activity was at elevated levels in March and April of 2010 to meet the contract deadline for the home buy read more |
|
Good News For Economy Posted: December 27, 2010 at 9:55 AM by Deron TuckerAccording to the National Association of Realtors, home sales rose in November marking the third gain in homes sales in the past four months. Existing sales grew 5.6 percent from October to November of 2010. Home buyers bought homes at a seasonally adjusted annual rate of 4.68 million. The realtor association predicts that sales for 2010 will be 4.8 million. The November growth was propelled by a 6.7 percent rise in single-family homes while sales of condominiums dropped 1.9 percent. Home sales were up read more |
More Jobs for LubbockPosted: December 27, 2010 at 9:51 AM by Deron TuckerX-Fab Texas and a Minnesota company are collaborating on a project that will lead to Lubbock’s having the world’s highest-volume solid state battery production facility, the Lubbock Economic Development Alliance said Monday.LEDA’s board unanimously approved a $900,000 jobs and capital investment incentive package that’s expected to result in 77 new jobs with annual salaries of about $3.2 million. The first phase of the X-Fab project with El Elk River-based Cymbet would mean about read more |
