Daily Archives March 13, 2018

How Did Texas Housing Weather Hurricane Harvey?

When Hurricane Harvey struck Texas last summer, many housing experts worried what the megastorm’s effect on the market would be. Turns out, their fears of a wounded market were needless.

"Despite the devastation of Hurricane Harvey,” said Kaki Lybbert, Chairman of the Texas Association of Realtors, “the Texas housing market had a very strong fourth quarter, helping solidify 2017 as another record-breaking year in Texas real estate.”

According to the 2017 Texas Real Estate Year in Review report from the Texas Association of Realtors, home sales volume and home prices in the Lone Star State reached all-time highs for the third year in a row last year. Overall, Texas home sales jumped 4 percent, with 336,502 homes sold statewide...

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