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Texas Fourth Quarter Home Sales Improve from Last Year
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Texas Fourth Quarter Home Sales Improve from Last Year
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Texas Fourth Quarter Home Sales Improve from Last Year

February 17, 2012 (Shirley Allen)

Sales of existing single-family homes in Texas followed seasonal trends and declined from the third quarter of 2011 to the fourth quarter but were still over seven percent higher than a year earlier according to the latest data from the Texas Association of REALTORS® (TAR).

An estimated total of 46,764 existing single-family homes were sold in the Lone Star State in the fourth quarter. That was 19.4 percent lower than the 58,019 homes sold in the third quarter but still 7.2 percent higher than the 43,605 homes sold in the fourth quarter of 2010.

The median sales price for an existing single-family home in Texas fell 2.4 percent to $148,100 from $151,800 during the quarter and was almost unchanged from the median price of $147,400 in the fourth quarter of 2010.

Joe Stewart, chairman of the Texas Association of REALTORS®, stated, “It’s encouraging to see continued stability in the Texas real estate market heading into 2012. With increasing sales, stable prices and low mortgage interest rates, this report is more evidence that, in Texas, things are different … and better.”

The amount of homes available for sale declined to a 6.4 months supply in the fourth quarter, down from a 7.4 months supply in the third quarter and a 7.6 months supply in the fourth quarter of 2010.

Jim Gaines, Ph.D., an economist with the Real Estate Center at Texas A&M University which analyzes the report for TAR®, said, “The fourth quarter of 2011 presents our first opportunity in several years to compare apples to apples because we are now looking back on a quarter unaffected by significant stimulus programs. With this clear view, we see stability and consistency compared to last year with the most significant change being in months of inventory.

For all of 2011, there were a total of 203,770 existing single-family homes sold in Texas, 0.4 percent higher than the 202,916 homes sold in 2010. It was the second consecutive year that yearly home sales surpassed the previous year’s total.

Tags: existing homes, condos, sales, median home prices, Texas

Source:
Texas Association of REALTORS®

INSIDER CAR BUYING TIPS
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
BUYING VS LEASING
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
DEALER OR BANK FINANCING
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
BUYING ON THE INTERNET
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
HOME SELLING TIPS
If you are thinking of selling your home, chances are you’re caught up in a mass of emotions. Needs change and although you may be looking forward to this new adventure, you'll probably find yourself reluctant to leave your memories behind and face the overwhelming task of selling your home and moving.
SEARCH FOR A HOME
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

February 17, 2012 (Shirley Allen)

Sales of existing single-family homes in Texas followed seasonal trends and declined from the third quarter of 2011 to the fourth quarter but were still over seven percent higher than a year earlier according to the latest data from the Texas Association of REALTORS® (TAR).

An estimated total of 46,764 existing single-family homes were sold in the Lone Star State in the fourth quarter. That was 19.4 percent lower than the 58,019 homes sold in the third quarter but still 7.2 percent higher than the 43,605 homes sold in the fourth quarter of 2010.

The median sales price for an existing single-family home in Texas fell 2.4 percent to $148,100 from $151,800 during the quarter and was almost unchanged from the median price of $147,400 in the fourth quarter of 2010.

Joe Stewart, chairman of the Texas Association of REALTORS®, stated, “It’s encouraging to see continued stability in the Texas real estate market heading into 2012. With increasing sales, stable prices and low mortgage interest rates, this report is more evidence that, in Texas, things are different … and better.”

The amount of homes available for sale declined to a 6.4 months supply in the fourth quarter, down from a 7.4 months supply in the third quarter and a 7.6 months supply in the fourth quarter of 2010.

Jim Gaines, Ph.D., an economist with the Real Estate Center at Texas A&M University which analyzes the report for TAR®, said, “The fourth quarter of 2011 presents our first opportunity in several years to compare apples to apples because we are now looking back on a quarter unaffected by significant stimulus programs. With this clear view, we see stability and consistency compared to last year with the most significant change being in months of inventory.

For all of 2011, there were a total of 203,770 existing single-family homes sold in Texas, 0.4 percent higher than the 202,916 homes sold in 2010. It was the second consecutive year that yearly home sales surpassed the previous year’s total.

Tags: existing homes, condos, sales, median home prices, Texas

Source:
Texas Association of REALTORS®

HOME LOANS CAN BE CONFUSING
YOU'VE GOT QUESTIONS
WE MAKE IT SIMPLE
WE'VE GOT ANSWERS
INSIDER CAR BUYING TIPS
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
BUYING VS LEASING
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
DEALER OR BANK FINANCING
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
BUYING ON THE INTERNET
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
HOME SELLING TIPS
If you are thinking of selling your home, chances are you’re caught up in a mass of emotions. Needs change and although you may be looking forward to this new adventure, you'll probably find yourself reluctant to leave your memories behind and face the overwhelming task of selling your home and moving.
SEARCH FOR A HOME
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

February 17, 2012 (Shirley Allen)

Sales of existing single-family homes in Texas followed seasonal trends and declined from the third quarter of 2011 to the fourth quarter but were still over seven percent higher than a year earlier according to the latest data from the Texas Association of REALTORS® (TAR).

An estimated total of 46,764 existing single-family homes were sold in the Lone Star State in the fourth quarter. That was 19.4 percent lower than the 58,019 homes sold in the third quarter but still 7.2 percent higher than the 43,605 homes sold in the fourth quarter of 2010.

The median sales price for an existing single-family home in Texas fell 2.4 percent to $148,100 from $151,800 during the quarter and was almost unchanged from the median price of $147,400 in the fourth quarter of 2010.

Joe Stewart, chairman of the Texas Association of REALTORS®, stated, “It’s encouraging to see continued stability in the Texas real estate market heading into 2012. With increasing sales, stable prices and low mortgage interest rates, this report is more evidence that, in Texas, things are different … and better.”

The amount of homes available for sale declined to a 6.4 months supply in the fourth quarter, down from a 7.4 months supply in the third quarter and a 7.6 months supply in the fourth quarter of 2010.

Jim Gaines, Ph.D., an economist with the Real Estate Center at Texas A&M University which analyzes the report for TAR®, said, “The fourth quarter of 2011 presents our first opportunity in several years to compare apples to apples because we are now looking back on a quarter unaffected by significant stimulus programs. With this clear view, we see stability and consistency compared to last year with the most significant change being in months of inventory.

For all of 2011, there were a total of 203,770 existing single-family homes sold in Texas, 0.4 percent higher than the 202,916 homes sold in 2010. It was the second consecutive year that yearly home sales surpassed the previous year’s total.

Tags: existing homes, condos, sales, median home prices, Texas

Source:
Texas Association of REALTORS®

HOME LOANS CAN BE CONFUSING
YOU'VE GOT QUESTIONS
WHAT TYPE OF MORTGAGE LOANS ARE AVAILABLE?
DO I QUALIFY FOR A GOVERNMENT INSURED LOAN?
WHAT CAN I EXPECT FOR A MORTGAGE INTEREST RATE?
WE MAKE IT SIMPLE
WE'VE GOT ANSWERS
CALCULATE YOUR MORTGAGE PAYMENT
BENEFITS OF REFINANCING YOUR MORTGAGE
ADVANTAGES OF GETTING PRE-APPROVED FOR A LOAN
THINKING OF BUYING
A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
INSIDER CAR BUYING TIPS
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
BUYING VS LEASING
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
DEALER OR BANK FINANCING
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
BUYING ON THE INTERNET
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
SEARCH FOR A HOME
Home loans can be confusing. There's a lot of options and we provide the information that makes it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

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