Archive September 2011
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Texas real estate sales volumes remain consistent
According to the most recent Texas Quarterly Housing Report, the effects of last year's federal homebuyer tax credits continued to linger for the Texas real estate market in the second quarter of 2011.
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Texas private sector job growth 'robust'
According to the latest Monthly Review of the Texas Economy, the word "robust" describes the annual job growth rate for the state's private sector for the year ending in June
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Houston home sales rise again
What do you get when you compare seasonal summer home buying in a single month to the same month a year earlier shortly after a home buyer tax credit expired? If it's July 2011 in Houston, Texas, it's a nearly 17 percent increase in home sales. Last year's third quarter slowdown in home sales continues to make this year's generally "typical" real estate activity appear slightly more positive than it otherwise would be considered. July marked the third time in 2011 that sales volume entered positive territory. It also saw the average price of a single-family home reach its highest level for a July in Houston.
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