{"id":84803,"date":"2020-10-26T13:22:00","date_gmt":"2020-10-22T15:00:00","guid":{"rendered":"https:\/\/hispanicprwire.com\/english-texas-home-sales-soar-housing-inventory-declines-in-2020s-third-quarter\/"},"modified":"2020-10-26T13:24:04","modified_gmt":"2020-10-26T17:24:04","slug":"se-disparan-las-ventas-de-casas-en-texas-el-inventario-del-sistema-inmobiliario-disminuye-en-el-tercer-trimestre-de-2020","status":"publish","type":"post","link":"https:\/\/hispanicprwire.com\/en\/se-disparan-las-ventas-de-casas-en-texas-el-inventario-del-sistema-inmobiliario-disminuye-en-el-tercer-trimestre-de-2020\/","title":{"rendered":"Texas home sales soar, housing inventory declines in 2020&#8217;s third quarter"},"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><span class=\"xn-location\">AUSTIN, Texas<\/span>, <span class=\"xn-chron\">Oct. 22, 2020<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212; The number of <span class=\"xn-location\">Texas<\/span> homes sold from July to <span class=\"xn-chron\">September 2020<\/span> increased nearly 19% compared to the same time frame last year, according to the 2020-Q3 <i>Texas Quarterly Housing Report<\/i> released today by Texas Realtors. <\/p>\n<div id=\"prni_dvprnejpga21dleft\" style=\"WIDTH: 100%; TEXT-ALIGN: left\" dir=\"ltr\"><img decoding=\"async\" id=\"prnejpga21dleft\" title=\"Texas Association of Realtors logo.\" border=\"0\" alt=\"Texas Association of Realtors logo.\" align=\"middle\" imagelabel=\"General\" src=\"https:\/\/mma.prnewswire.com\/media\/1317682\/Texas_Realtors_Logo.jpg\"\/><\/div>\n<p>&#8220;The <span class=\"xn-location\">Texas<\/span> real estate market&#8217;s resiliency, especially in the middle of a pandemic crisis, is nothing short of incredible, though our housing supply is still critically low,&#8221; said <span class=\"xn-person\">Cindi Bulla<\/span>, chairman of Texas Realtors. &#8220;We are hard at work looking for the supply solutions necessary to keep our market healthy and make the American dream of homeownership\u00a0attainable to every Texan.&#8221;<\/p>\n<p>Home sales increased 18.4%, with 119,642 homes sold in the third quarter of 2020. Statewide, the median price increased 8.6% to <span class=\"xn-money\">$266,000<\/span>. Of all the homes sold within the third quarter, 34.1% were priced from <span class=\"xn-money\">$200,000<\/span> to <span class=\"xn-money\">$299,999<\/span>, the highest share of sales among all price-class distributions. <\/p>\n<p><span class=\"xn-person\">Jim Gaines<\/span>, Ph.D., chief economist with the Real Estate Center at <span class=\"xn-org\">Texas A&amp;M University<\/span>, commented, &#8220;The <span class=\"xn-location\">Texas<\/span> housing market experienced a strong push-through of demand from the second quarter into the third quarter. Active listings saw a sharp drop with many sellers hesitating to list their property in the middle of a pandemic. However, as the economy and employment numbers continue to recover, we anticipate end-of-year sales figures will be higher than 2019.&#8221;<\/p>\n<p>Active listings declined 32.4% in Q3 to 71,569 listings. <span class=\"xn-location\">Texas<\/span> homes spent an average of 52 days on the market, two days more than the third quarter of 2019. <\/p>\n<p>Housing inventory in <span class=\"xn-location\">Texas<\/span> declined 1.3 months to 2.3 months of inventory. According to the Real Estate Center at <span class=\"xn-org\">Texas A&amp;M University<\/span>, a market balanced between supply and demand has between 6.0 and 6.5 months of inventory.<\/p>\n<p>Bulla concluded, &#8220;Although our real estate market remains strong, the data in this report shows there are still long-term implications regarding this housing shortage that need answers, and finding those solutions will remain a major focus for Texas Realtors at the state and local level for 2020 and beyond.&#8221;<\/p>\n<p><b>About the Texas Quarterly Housing Report<br \/><\/b>Data for the Texas Quarterly Housing Report is provided by the Data Relevance Project, a partnership among local\u00a0REALTOR\u00ae\u00a0associations and their MLSs,\u00a0and Texas REALTORS\u00ae, with analysis by the Real Estate Center at Texas A&amp;M.\u00a0The report provides quarterly real estate sales data for <span class=\"xn-location\">Texas<\/span> and 25 metropolitan statistical areas in <span class=\"xn-location\">Texas<\/span>. To view the report in its entirety, visit\u00a0texasrealestate.com <\/p>\n<p><b>About Texas REALTORS\u00ae <br \/><\/b>With more than 135,000 members, Texas REALTORS\u00ae is a professional membership organization that represents all aspects of real estate in <span class=\"xn-location\">Texas<\/span>. In 2020, Texas REALTORS\u00ae is celebrating a century of shaping <span class=\"xn-location\">Texas<\/span> by being the advocate for private property rights, maintaining the highest standards of professionalism, and providing its members with the tools to achieve success. Visit texasrealestate.com to learn more.<\/p>\n<p>Release Contact: <\/p>\n<p><span class=\"xn-person\">Morgan Moritz<\/span> <br \/><a target=\"_blank\" href=\"mailto:mmoritz@piercom.com\" rel=\"nofollow\">mmoritz@piercom.com<\/a> <\/p>\n<p>Logo\u00a0&#8211; <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2957320-1&amp;h=1748411599&amp;u=https%3A%2F%2Fmma.prnewswire.com%2Fmedia%2F1317682%2FTexas_Realtors_Logo.jpg&amp;a=https%3A%2F%2Fmma.prnewswire.com%2Fmedia%2F1317682%2FTexas_Realtors_Logo.jpg\" rel=\"nofollow\">https:\/\/mma.prnewswire.com\/media\/1317682\/Texas_Realtors_Logo.jpg<\/a> <\/p>\n<p>SOURCE  Texas REALTORS<\/p>\n<\/div>\n<p> <\/p>","protected":false},"excerpt":{"rendered":"<div class=\"xn-content\">\n<p><span class=\"xn-location\">AUSTIN, Texas<\/span>, <span class=\"xn-chron\">Oct. 22, 2020<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212; The number of <span class=\"xn-location\">Texas<\/span> homes sold from July to <span class=\"xn-chron\">September 2020<\/span> increased nearly 19% compared to the same time frame last year, according to the 2020-Q3 <i>Texas Quarterly Housing Report<\/i> released today by Texas Realtors. <\/p>\n<div id=\"prni_dvprnejpga21dleft\" dir=\"ltr\">&lt;img id=&quot;prnejpga21dleft&quot; title=&quot;Texas Association of Realtors logo.&quot;&#8230;<\/p>\n","protected":false},"author":1,"featured_media":84804,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-84803","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-negocios-y-finanzas"],"acf":[],"_links":{"self":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/84803","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=84803"}],"version-history":[{"count":0,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/84803\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/media\/84804"}],"wp:attachment":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/media?parent=84803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/categories?post=84803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/tags?post=84803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}