{"id":998,"date":"2013-08-11T17:34:24","date_gmt":"2013-08-11T22:34:24","guid":{"rendered":"http:\/\/www.orangesand.com\/?p=998"},"modified":"2013-08-11T17:34:24","modified_gmt":"2013-08-11T22:34:24","slug":"texas-housing-demand-continues","status":"publish","type":"post","link":"http:\/\/www.thebains.com\/blog\/2013\/08\/11\/texas-housing-demand-continues\/","title":{"rendered":"TEXAS HOUSING DEMAND CONTINUES"},"content":{"rendered":"<p>Demand for existing homes in Texas surged again the 2nd quarter 2013.\u00a0 17.8% more sold as in the same quarter last year &amp; the most sold in a single quarter since Texas Association of Realtors starting quarterly housing reports 4 years ago.\u00a0 The surge was in 43 of 47 markets, including Tyler and Smith County.\u00a0 The median price in the 2nd quarter was $177,300, up about 10% and the average price is now $235,075.\u00a0 Nationally, home values are increasing at around 10%, but primarily these markets dropped more than in TX,\u00a0 so with our 10% growth then a significant growth in our state.\u00a0 The housing inventory is shrinking to statewide of\u00a0 4 .1 months, but over $550,000 are taking longer in our area.\u00a0 All of this according to Real Estate Center Research Economist Dr. Jim Gaines.\u00a0 With inventory shrinking, t hen we can expect dramatic increases in price.\u00a0 In some areas homes hardly get listed, then sold.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Demand for existing homes in Texas surged again the 2nd quarter 2013.\u00a0 17.8% more sold as in the same quarter last year &amp; the most sold in a single quarter since Texas Association of Realtors starting quarterly housing reports 4 years ago.\u00a0 The surge was in 43 of 47 markets, including Tyler and Smith County.\u00a0 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"_links":{"self":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/998"}],"collection":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/comments?post=998"}],"version-history":[{"count":0,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/998\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/media?parent=998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/categories?post=998"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/tags?post=998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}