Eighty-eight percent of all homebuyers said they used an agent as a source of information during their search, and 91% of millennials age 22 to 30 said the same.
“More jobs are very likely, due to the near certain passage of the $1.9 trillion stimulus package and from two million vaccinations per day,” National Association of Realtors chief economist Lawrence Yun said in a release.
The stimulus bill includes aid for state and local governments, new homeowners, small businesses and renters.
The House of Representatives has approved the Equality Act, which establishes legal safeguards to prevent discrimination in housing based on sexual orientation.
The all-time high for January comes as limited supply cut pending transactions on a monthly basis, the association said.
“This past year, Realtors in the Lone Star State went above and beyond to support their communities, elevate our industry and impact the lives of their clients.” — Marvin Jolly, chairman of Texas Realtors
The National Association of Real Estate Brokers has joined the RE/MAX Strategic Alliances program to help grow homeownership among minority groups.
The family of a Texas veteran who was severely injured in May 2007 while serving in Afghanistan will soon take up residence in their new home in the 11,400-acre master-planned community of Bridgeland, located in Cypress.
The National Association of Home Builders (NAHB) opposes the change because it would raise taxes on the multifamily housing industry and on real estate investment partnerships.
After declining for years, the size of new single-family homes has begun to level off as consumers spend more time at home, a National Association of Home Builders analysis found.