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Is Texas new-home demand defying gravity? A look market by market

from Forbes

Is Texas new-home demand defying gravity? A look market by market Forbes Despite the double-whammy of an oil price collapse and a global economic shutdown, the housing market in Texas is hotter than a stolen tamale. New home permitting activity in Houston for the first half of this year is running at about the same level as it was in 2019, which is amazing enough. Sales at the largest and most active master-planned communities were up sharply in the first half of 2020 compared with the same period last year, which is nothing short of amazing. And it’s not just Houston. READ MORE

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