Skip To Content

Report by the Texas Association of Realtors

 

  • 2015 Texas Homebuyers and Sellers Report released by the Texas Association of Realtors.
  • Median household income among first-time homebuyers increased 5.8 percent year-over-year to $72,000 for first-time homebuyers in Texas and 2.3 percent to $68,300 for first-time homebuyers nationally.
  • Meanwhile, median household income among repeat buyers decreased, dropping 8.9 percent to $97,500 in Texas and dipping 1 percent nationally to $95,000 year-over-year.
  • Texans are buying newer, larger homes than homebuyers nationwide. The typical three-bedroom, two-bathroom home in Texas was 2,100 sf and built in 2002. Nationally, the typical three-bedroom, two-bathroom home was 1,870 sf and built in 1993.
  • Sixteen percent of homebuyers in Texas purchased a multigenerational home due to children over the age of 18 or aging parents moving into the house. Nationally this was 13 percent.
  • The tenure of owning a home increased one year for both Texas and the nation from July 2013 to June 2014, to nine years in Texas and ten years nationally.

 

Trackback from your site.

Leave a Reply

*
*

Reviews on Zillow

4207853

“I have worked with several realtors in my life; all of whom have been very good. But, this is the first time I’ve received such a level of service … more
5.0/5.0
by zuser20180320113001915

3768616

“We could not recommend Chad highly enough. He has an extremely thorough knowledge of the Bryan/College Station market and was a tough negotiator on … more
5.0/5.0
by user67984911

3565523

“I had to sell in order to buy, which can be stressful. Lynn made it look easy. She guided me in a very professional way trough at times confusing … more
5.0/5.0
by LuzRomero