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Texas housing market to remain competitive in 2015

Posted by: In: Industry Insights 11 Nov 2014 Comments: 0

From July to September 2014, more than 23,000 homes were sold in the Houston area, which is higher than the real estate norm during this time period, according to the Texas Quarterly Housing Report. The report, covered by the Houston Chronicle, states that vacant developed lots are keeping homebuilders from increasing production even further (along with other factors), making the Texas housing market to remain very competitive for homebuyers into 2015. As the high demand for development-ready lots in Texas rolls over to next year, Rockspring’s land investment portfolio will continue to go up in value.

Read the full article in the Houston Chronicle.

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