Industry News

Outlook dims for Texas real estate

Concern grows over dried up refi market
Published on Oct 20, 2004

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

An index that gauges the outlook of Realtors, builders, and lenders for the performance of the Texas real estate market dropped for the fourth quarter compared with the same quarter last year and the third quarter of this year, said a researcher at Texas A&M University's Real Estate Center.

The Texas Real Estate Confidence Index for the fourth quarter 2004 was 0.55 on a scale in which 0.5 is neutral and numbers greater than 0.5 indicate more positive than negative expectations.

James ...

Comments