REAL ESTATE QUESTIONS

Buying and Selling real estate is local like the weather. It can be tough making decisions to buy or sale your property. We know how confusing this process can be. Let us help you by listening to what your concerns are and helping you come up with a plan that is right for you.

Call us or email us with your real estate questions.

FOUR TEXAS CITIES TOP LIST OF LARGEST PRICE GROWTH

SANTA CLARA, Calif. (Realtor.com)– Four Texas metros have topped Realtor.com‘s list of markets with the largest price appreciation since 2006.

Austin-Round Rock took the top spot with 62.9 percent home price growth in ten years. In 2006, the metro’s median home price was $173,510, jumping to $282,625 in 2016.

Dallas-Fort Worth-Arlington (51.6 percent), San Antonio-New Braunfels (45.9 percent), and Houston-The Woodlands-Sugar Land (45.5 percent) ranked third, fourth, and fifth, respectively.

The only metro outside of Texas landing in the top five was No. 2 Denver-Aurora-Lakewood with 53.5 percent growth.

Nationally, the median home price increased from $232,000 in 2006 to $236,000 last year.

While home prices have returned to the boom levels of a decade ago, there are no signs of a real estate “bubble” bursting, says Realtor.com Chief Economist Danielle Hale. Backed by tighter lending standards like the Dodd-Frank Act and Consumer Protection Act, current price appreciation is now driven by strong supply-and-demand fundamentals.

provided by RECON Texas Real Estate Center