Don’t blame out-of-state buyers for driving up Texas home prices, economists say

México Noticias Noticias

Don’t blame out-of-state buyers for driving up Texas home prices, economists say
México Últimas Noticias,México Titulares
  • 📰 dallasnews
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 71%

While many homebuyers throughout Texas may fear that the high number of out-of-state movers coming to the state is the reason behind prices surging upward,...

A new analysis from researchers at Texas A&M suggests that high migration to Texas isn't the biggest factor behind the dramatic rise in the state's rising home prices.While Texas homebuyers worry that out-of-state buyers are driving home prices through the roof, economists say that’s not quite the case.found essentially no correlation

After the recession, the median home price rose every year over the course of the 2010s, with peak growth of 9% in 2013. At the same time, Texas’ number of net new residents each year hovered around 100,000 from 2010 to 2019, according to the center’s analysis of U.S. Census and housing market data. The U.S. Census has not yet released migration numbers for the years since 2019.

The most recent median sales price for local single-family homes sold by real estate agents across North Texas reached ain February, up 21% from a year earlier, according to the latest data from the Texas Real Estate Research Center and North Texas Real Estate Information Systems. Miller said that younger people who want to buy may be preparing for a family and thus going for larger home sizes.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

dallasnews /  🏆 18. in US

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Explained: Effort to Attract Teachers to Texas ClassroomsExplained: Effort to Attract Teachers to Texas ClassroomsCheck out the discussion our EmilyJDonaldson had with NBCDFW on attracting teachers to Texas classrooms, and read our story for more details 👀 Watch: 👓 Read the story:
Leer más »

Notre Dame can't hold off Texas Tech in second-round gameNotre Dame can't hold off Texas Tech in second-round gameNo field goals in final 3 minutes spell doom for Irish, as Red Raiders advance to play Duke
Leer más »

Letters to the Editor — Ballot volunteers, Texas kids, school finances, redistricting, online paperLetters to the Editor — Ballot volunteers, Texas kids, school finances, redistricting, online paperRe: “27,000 Rejected Ballots? That’s Unacceptable — ‘This will sort itself out’ isn’t good enough for Texas voters,” March 13 Editorials. Please give credit...
Leer más »

IndyCar and Texas try to save relationship with strong raceIndyCar and Texas try to save relationship with strong raceIndyCar's long relationship with Texas Motor Speedway is at a crossroads headed into the 35th race at the track that has always embraced the open-wheel series.
Leer más »

Scottish judge blocks accused shooter’s extradition — citing poor conditions in Texas prisonsScottish judge blocks accused shooter’s extradition — citing poor conditions in Texas prisonsA Scottish judge refused the extradition of a Scottish man last year, saying poor conditions in Texas prisons might constitute an international human rights violation. Column by keribla, published in partnership with MarshallProj.
Leer más »

Families of trans kids are living in fear of CPS investigations, some leaving Texas altogetherFamilies of trans kids are living in fear of CPS investigations, some leaving Texas altogetherEarlier this week, a Houston-area mother of a 17-year-old transgender boy panicked when...
Leer más »



Render Time: 2025-03-06 23:45:05