Texas Real Estate Sales Volumes Comparable to 2009; Prices Remain Consistent - Sacramento Bee

These releases reflect the views of the issuing entity and are not reviewed or edited by the Sacramento Bee staff. More information on PR Newswire can be found on their web site. You can contact the service with questions or concerns here. In addition, Texas has dominated national headlines for economic strength, which makes it clear the recovery continues in our state. If anything, I'm surprised to see that sales volumes didn't lag further behind 2010. The median price was $150,400, one percent higher than the same quarter of 2010. Buyers of higher priced homes have been less impacted by tightened mortgage lending standards and Real Estate has been an attractive investment vehicle due to instability in other investments, such as securities. In addition, additional inventory is entering some markets as banks resume foreclosure proceedings previously delayed by investigations into robo-signing. In general, our inventory is only slightly beyond what we consider to be a balanced market. In general, markets that saw the greatest increases in sales volume when the tax credit was available are the same markets now seeing the greatest decreases after its expiration. To view the report for 2011-Q2 in its entirety, visit www. The report includes data for single-family home sales over the course of one quarter and is scheduled for release by the Texas Association of Realtors on the following dates each year (or the next business day): Feb. If you see an objectionable comment, click the flag icon below it. We will delete comments containing inappropriate links, obscenities, hate speech, and personal attacks. However, we reserve the right to delete inappropriate comments or ban users who can't play nice. Don't insult one another or the subjects of our articles. If you think a comment violates our guidelines click the flag icon to notify the moderators. Responding to the comment will only encourage bad behavior. Don't say anything in a way you wouldn't want your own child to hear. Only post comments relevant to the article at hand. If you want to discuss an issue with a specific user, click on his profile name and send him a direct message. That's akin to yelling and not appreciated by the audience. Please only flag comments that violate these guidelines. You should also know that The Sacramento Bee does not screen comments before they are posted. You are more likely to see inappropriate comments before our staff does, so we ask that you click the flag icon to submit those comments for moderator review. You also may notify us via email at feedback@sacbee. Note the headline on which the comment is made and tell us the profile name of the user who made the comment. You may find some material objectionable that we won't and vice versa. If you submit a comment, the user name of your account will appear along with it. Users cannot remove their own comments once they have submitted them. Realtors