{"id":44239,"date":"2016-01-25T11:30:00","date_gmt":"2016-01-25T15:28:00","guid":{"rendered":"http:\/\/hispanicprwire.com\/las-ventas-de-viviendas-de-lujo-en-texas-siguieron-creciendo-en-2015-aunque-algunos-compradores-prefirieron-terrenos-mas-pequenos-y-con-mas-comodidades\/"},"modified":"2016-01-25T12:32:03","modified_gmt":"2016-01-25T16:32:03","slug":"las-ventas-de-viviendas-de-lujo-en-texas-siguieron-creciendo-en-2015-aunque-algunos-compradores-prefirieron-terrenos-mas-pequenos-y-con-mas-comodidades","status":"publish","type":"post","link":"https:\/\/hispanicprwire.com\/en\/las-ventas-de-viviendas-de-lujo-en-texas-siguieron-creciendo-en-2015-aunque-algunos-compradores-prefirieron-terrenos-mas-pequenos-y-con-mas-comodidades\/","title":{"rendered":"Texas luxury home sales continued to grow in 2015, though some high-end buyers looked for smaller lots and more amenities"},"content":{"rendered":"<p><\/p>\n<style type=\"text\/css\"><![CDATA[\n\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n]]><\/style>\n<div class=\"xn-content\">\n<p\/>\n<p\/>\n<p\/>\n<p><span class=\"xn-location\">AUSTIN, Texas<\/span>, <span class=\"xn-chron\">Jan. 25, 2016<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212; Luxury home sales continued to be one of the fastest growing housing segments in <span class=\"xn-location\">Texas&#8217;<\/span> largest markets in 2015, according to the 2016 Texas Luxury Home Sales Report released today by the Texas Association of Realtors. The report cited sales volume increases from 4.5 percent to 36.4 percent for homes sold at <span class=\"xn-money\">$1 million<\/span> or more in <span class=\"xn-location\">Texas&#8217;<\/span> four major markets. <\/p>\n<p><span class=\"xn-person\">Leslie Rouda Smith<\/span>, chairman of the Texas Association of Realtors, commented, &#8220;<span class=\"xn-location\">Texas&#8217;<\/span> economic prosperity continues to make luxury home sales one of the strongest sectors of the <span class=\"xn-location\">Texas<\/span> housing market, particularly in the <\/p>\n<p><span class=\"xn-money\">$1 million to $1.5 million<\/span> range. In some neighborhoods, the lot alone is well worth <span class=\"xn-money\">$1 million<\/span> and up.&#8221;<\/p>\n<p>A popular trend for homebuyers in this price class is to purchase homes on smaller lots but in more desirable locations and with higher-end amenities. <\/p>\n<p><span class=\"xn-person\">Jim Gaines<\/span>, Ph.D., economist at the Real Estate Center at <span class=\"xn-org\">Texas A&amp;M University<\/span> said, &#8220;Rising land and development costs are changing what today&#8217;s luxury market looks like, and many developers are now entering the high-end custom homebuilding market due to more expensive lot costs. Rising home prices across the state are also pushing more higher-end homes into the luxury market. Many homes priced in the <span class=\"xn-money\">$800,000 &#8211; $900,000<\/span> range a few years ago will now sell for more than a million.&#8221;<\/p>\n<p>According to the report, the price-per-square-foot for luxury homes is often double or triple that of a typical single-family home, due to higher-end building materials and amenities. Furthermore, some homebuyers are purchasing older homes in prime locations for less than <span class=\"xn-money\">$1 million<\/span> to demolish and rebuild a new home in its place. <\/p>\n<p>The following describes trends in specific markets of <span class=\"xn-location\">Texas<\/span> real estate.<\/p>\n<p>The<b> <span class=\"xn-location\">Houston<\/span><\/b> market saw the highest amount of luxury home sales at 1,284 from January to <span class=\"xn-chron\">October 2015<\/span>, an increase of 4.5 percent compared to the same period in 2014. These sales represented almost two percent of overall home sales in this market. <\/p>\n<p>Sales of $1M+ homes in <b><span class=\"xn-location\">Austin<\/span><\/b> represented more than two percent of the overall housing market and saw a 16.3 percent increase in sales volume year-over-year. The median price for <span class=\"xn-location\">Austin<\/span> homes in the luxury price class was <span class=\"xn-money\">$1,381,252<\/span>, and the average amount of time it took to sell a luxury home was almost two months longer than the typical home. <\/p>\n<p>In <b><span class=\"xn-location\">Dallas-Fort Worth<\/span><\/b>, luxury sales grew 12.4 percent, rising to 1,088 homes sales from January to <span class=\"xn-chron\">October 2015<\/span>. The median price for luxury homes in <span class=\"xn-location\">Dallas<\/span> reached <span class=\"xn-money\">$1,400,000<\/span>. It took 37 more days for a luxury home in <span class=\"xn-location\">Dallas<\/span> to sell compared to a typical home.<\/p>\n<p>In <b><span class=\"xn-location\">San Antonio<\/span><\/b>, $1M+ homes saw a 36.4 percent increase compared to the same time period in 2014. Although luxury homes accounted for less than one percent of the market, active listings increased 33 percent and median price was <span class=\"xn-money\">$1,298,375<\/span>, the lowest compared to <span class=\"xn-location\">Austin<\/span>, <span class=\"xn-location\">Houston<\/span> and <span class=\"xn-location\">Dallas<\/span>. <\/p>\n<p><b>About the Texas Luxury Home Sales Report<br \/><\/b>Data for the Texas Luxury Home Sales Report is provided by the Data Relevance Project, a partnership among local\u00a0REALTOR\u00ae\u00a0associations and their MLSs,\u00a0the Real Estate Center at <span class=\"xn-org\">Texas A&amp;M University<\/span>, and the Texas Association of\u00a0REALTORS\u00ae. The report analyzes trends in homes sold for <span class=\"xn-money\">$1 million<\/span> or higher from January through <span class=\"xn-chron\">October 2015<\/span> in the Metropolitan Statistical Areas for <span class=\"xn-location\">Austin<\/span>, <span class=\"xn-location\">Houston<\/span>, <span class=\"xn-location\">Dallas-Fort Worth<\/span> and <span class=\"xn-location\">San Antonio<\/span>. The Texas Association of Realtors distributes insights about the <span class=\"xn-location\">Texas<\/span> housing market each month, including quarterly market statistics, trends among homebuyers and sellers, condominium and townhome sales, international trends, and more. To view these reports, visit <a href=\"http:\/\/www.texasrealestate.com\/\" target=\"_blank\" rel=\"nofollow\">TexasRealEstate.com<\/a>.<\/p>\n<p><b>About the Texas Association of REALTORS\u00ae<br \/><\/b>With more than 100,000 members, the Texas Association of REALTORS\u00ae is a professional membership organization that represents all aspects of real estate in <span class=\"xn-location\">Texas<\/span>. We advocate on behalf of Texas REALTORS\u00ae and private-property owners to keep homeownership affordable, protect private-property rights, and promote public policies that benefit homeowners. Visit <a href=\"http:\/\/www.texasrealestate.com\/\" target=\"_blank\" rel=\"nofollow\">TexasRealEstate.com<\/a> to learn more.<\/p>\n<p><b>CONTACT:<\/b>\u00a0Danielle Urban<br \/>Pierpont Communications<br \/>512-448-4950<br \/><a href=\"mailto:durban@piercom.com\" target=\"_blank\" rel=\"nofollow\">durban@piercom.com<\/a>\u00a0\u00a0<\/p>\n<\/div>\n<p> <\/p>","protected":false},"excerpt":{"rendered":"<div class=\"xn-content\">\n<p \/>\n<p \/>\n<p \/>\n<p><span class=\"xn-location\">AUSTIN, Texas<\/span>, <span class=\"xn-chron\">Jan. 25, 2016<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212; Luxury home sales continued to be one of the fastest growing housing segments in <span class=\"xn-location\">Texas&#8217;<\/span> largest markets in 2015, according to the 2016 Texas Luxury Home Sales Report released today by the Texas Association of Realtors. The report cited sales volume increases from 4.5 percent to 36.4 percent for homes sold at <span class=\"xn-money\">$1 million<\/span> or more in &lt;span&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-44239","post","type-post","status-publish","format-standard","hentry","category-negocios-y-finanzas"],"acf":[],"_links":{"self":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/44239","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/comments?post=44239"}],"version-history":[{"count":0,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/44239\/revisions"}],"wp:attachment":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/media?parent=44239"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/categories?post=44239"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/tags?post=44239"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}