Texas inventory dips to dangerous lows
Selling a HomeTexas single-family construction permits and existing home sales increased in January, while housing starts declined, according to the Federal Reserve Bank of Dallas. After two months of decline, single-family housing construction permits rose 5.1% from December to January, while sales of existing homes rose 3.2%. Conversely, housing starts in Texas dropped 1% in January. “The housing market has shown drastic increases in the past four to five months and this report is no surprise,” said Judy Jones, the 2013 president […]