Ben Caballero, the nation’s top-ranked real estate agent, and HomesUSA.com CEO said much of the new home sales came from builders listing homes previously sold from a waiting list when the inventory was tight.
"And that really is one of the reasons that a lot of people are choosing to buy new construction homes," he continued. "And so you know, that they can buy their rates down, and still be able to afford their payments." "Texas new home sales are tenacious," Caballero stated in the release. "Despite the gyrations in mortgage rates, the market is finding balance in Houston, Dallas-Ft. Worth, Austin, and San Antonio."
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