On-the-spot all-cash offers, buyers paying other buyers to go away — activities like these are becoming more common in Texas, where housing inventory and the unemployment rate are well below national levels.

Prices are rising, too, leaving some to suspect that investor presence is growing and others to wonder if housing, which has been historically more affordable in the Lone Star State than in places like California and Florida, will price some buyers out.

In Dallas, for example, the S&P/Case-Shiller 20-city home price index shows that home prices are 4 percent higher than they were at their 2006 peak.

Source: Bloomberg 

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top
Inman Connect Black Friday Sale! Bundle our next two events or secure your 2021 All Access Pass.SEE THE DEALS×
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription