The Real Estate Center at Texas A&M University has compiled an online report, based on U.S. Census Bureau data, which details 27 metropolitan areas in Texas. The report features 2003 housing, demographics, education, employment, economy, infrastructure, public facilities, multifamily, retail, hotel, office and industrial data for all of the areas.
Metropolitan areas studied include: Abilene, Amarillo, Austin-San Marcos, Beaumont-Port Arthur, Brazoria, Brownsville-Harlingen-San Benito, Bryan-College Station, Corpus Christi, Dallas, El Paso, Fort Worth-Arlington, Galveston-Texas City, Houston, Killeen-Temple, Laredo, Longview-Marshall, Lubbock, McAllen-Edinburg-Mission, Odessa-Midland, San Angelo, San Antonio, Sherman-Denison, Texarkana, Tyler, Victoria, Waco and Wichita Falls.
The housing data for each area includes: housing affordability for fourth quarter 2003, price distribution of multiple-listing service homes sold in 2003, existing home sales in second quarter and third quarter 2003, property tax rates in 2003, single-family building permits from 1980-2003, and single-family home sales in 2003.
In the Houston area, about one-quarter of MLS homes sold in 2003 ranged in price from $100,000 to $140,000. Housing affordability in Houston matched the U.S. average, with about 55 percent of households able to afford a median-priced home in fourth quarter 2003. The annual volume of single-family building permits in the Houston area has been making gains since about 1986, growing from just over 5,000 to just under 35,000 in that span.
About 30.4 percent of MLS homes sold in the Fort Worth-Arlington area were priced from $90,000 to $120,000, according to the report, and about 61 percent of households in the Arlington area could afford a median-priced home in the final quarter of 2003. In San Antonio and Austin, housing affordability in fourth quarter 2003 stood at 62 percent. About 34.7 percent of MLS homes sold in the Austin area in 2003 cost from $80,000 to $120,000.
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