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Texas Home Builders Forced to Offer Discounts to Dump Inventory by Year End

Pro Builder

Texas Home Builders Forced to Offer Discounts to Dump Inventory by Year End. Soaring housing costs are forcing Texas home builders to slow production and offer concessions in order to sell completed homes. Tue, 10/11/2022 - 10:43. The best time to buy a home will be in the next three months.”. “A New-Construction Projects.

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Forbearance Exits Expected to Add Inventory

Pro Builder

Forbearance Exits Expected to Add Inventory. A wave of inventory could come soon as hundreds of thousands of homeowners are expected to exit forbearance, with a significant share likely to list their homes. This not only benefits the market’s inventory problem, but homeowners can benefit from the significant price appreciation.

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As Spring Buying Season Approaches, Inventory Drops

Pro Builder

As Spring Buying Season Approaches, Inventory Drops. Buyers entering the housing market in the spring buying season will face difficulties as housing inventory dropped nearly 50% compared to 2020. A 25% increase in listings is needed to bring inventory back to April 2020’s level. percent), San Antonio (down 77.2

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Relatively Affordable Cities Experiencing the Worst Housing Shortage

Pro Builder

Relatively Affordable Cities Experiencing the Worst Housing Shortage. Housing inventory has been dropping for the past year, but July saw the worst shortage on record. San Antonio saw a 21% year-over-year decrease of homes in July. San Antonio saw a 21% year-over-year decrease of homes in July.

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Buyers Pull Back After Extended House Hunting

Pro Builder

Buyers Pull Back After Extended House Hunting. Stratospheric prices, brutal bidding wars and record low inventory have conspired to make many prospective home buyers frustrated and fatigued. Every time you’re putting an offer on a house, you’ve effectively fallen in love,” Mr. Boyland said. cbroderick. Fri, 07/23/2021 - 09:58.

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What the Future Holds for Single-Family Rentals

Pro Builder

The investors buying homes and aggregating them are unable to offer on-site maintenance, instead operating a “call center” model that may work for credit cards and cell-phone companies but is less satisfactory for housing needs. . What the Future of SFR Housing Looks Like.

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BUSINESS REPORT: Texas – Innovation Moves Front And Center In Austin

Buisness Facilities Contributed Content

Largest Cities (2011): Houston, 2,145,146; San Antonio, 1,359,758; Dallas, 1,223,229; Austin, 820,611; Fort Worth, 758,738. TEF projects must be approved by the governor, lieutenant governor and speaker of the House. Perry signed comprehensive energy efficiency legislation, House Bill 3693, into law. TEXAS FAST FACTS.

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