DID YOU KNOW…THIS TEXAS CITY HAS THE HIGHEST SHARE OF $1 MILLION HOMES….
Austin, Houston, and Dallas were ranked in Lending Tree’s top 50 cities nationally with homes valued at more than $1 million.
Austin’s share of million-dollar homes was 2.16% putting it at No. 11. Houston was ranked No. 15 with a 1.52% share, with Dallas ranked No. 18 with a 1.31% share of million-dollar homes.
DID YOU KNOW…CITY HAS THE MOST-DEMANDING RENTERS….
Renters in San Antonio seek amenities like air conditioning, parking, a balcony, a pool, and hardwood floors. That may sound standard, but they have the highest amenity demands among all the cities analyzed by Apartment List’s Rentonomics blog.
The study also finds that renters in affordable markets tend to have higher demand for amenities than those in the priciest markets. San Antonio is one of the nation’s most affordable large cities for renters, with a median two-bedroom rent of $1,050.
DID YOU KNOW…TEXAS IS GETTING MORE DIVERSE
Though California has the largest Hispanic population of any state, Texas saw the largest numeric increase in Hispanic population (234,000 people) in 2017, according to recent data released by the U.S. Census Bureau. Starr County, Texas, has the highest percentage of Hispanics of any county in the U.S., with 96.3%.
Texas also had the largest black or African-American population in the country at 3.8 million.
DID YOU KNOW…HURRICANE HARVEY RAINFALL BREAKS RECORDS
Hurricane Harvey was the most significant rainfall event in U.S. history, both in scope and peak rainfall amounts, since the U.S. Geological Survey records began in the 1880’s. The eight-day rainfall exceeded 60 inches in some locations, which is 15 inches more than average annual amounts of rainfall for eastern Texas and the Texas coast. The areas affected by Harvey also was larger than previous events.
DID YOU KNOW….“TALK TO A TEXAS REALTOR”
An advertising campaign launched in June 2018 by the Texas Association of REALTORS tells consumers that, no matter what type of real estate transaction they’re contemplating, talking to a Texas REALTOR is the place to start. The campaign consists of online ads, over-the-air and internet radio, video, social media, email, and online search engines. It targets consumers interested in residential, commercial, property management, and farm and land transactions. The campaign, which also includes Spanish ads, stresses that Texas REALTORS are the trusted professionals who can help with pricing, negotiations, and advise.
DID YOU KNOW…Immigrant households will play a larger role in growing housing demand. Texas is one of only a few larger states benefiting from positive net migration, which means more people are moving in than out. While much of this migration comes from households moving from other states, that sources has tapered down while international households continue to provide steady growth. Good to know!