Tag Archives: Texas inventory dips to dangerous lows

Texas 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 of the MetroTex Association of Realtors. The inventory of homes […]