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Texas homebuyers broaden in diversity, household composition while affordability challenges grow

德州2021十大正规彩票app经纪人® releases annual Homebuyers and Sellers Report

2017年4月10日,奥斯汀

一个新的 Texas Homebuyers and Sellers Report released today by the 德州2021十大正规彩票app经纪人® revealed growing diversity in the household composition and ethnicity of Texas homeowners as well as rising housing affordability challenges across the state.

“的 profile of Texas homebuyers is as diverse as Texas itself, continually broadening as the demand for Texas real estate grows,维姬·富勒顿说, chairman of the 德州2021十大正规彩票app经纪人®. “同时, 房价上涨, 家庭收入较低, and tight lending standards are making it increasingly difficult for some Texans to afford a home.”

的 ratio of single Texas homebuyers continued to rise from the previous year’s report, with single female homebuyers increasing 5 percentage points to 19 percent and single male buyers rising 2 percentage points to 9 percent of all Texas homebuyers.

的 report also showed a broader ethnic diversity among Texas homebuyers. Among all Texas homebuyers, 14 percent identified as Hispanic, 6 percent identified as African-American and 4 percent identified as Asian. Minorities among first-time homebuyers were most likely to be Hispanic (27 percent), while minorities among repeat buyers were most likely to be African-American (27 percent).

Indicating that Texans are buying later and moving earlier in life, the median age of first-time buyers increased three years to 35 years old, while the median age of Texas home sellers decreased eight years to 46 years old.

的 2017 report also illustrated growing affordability challenges across the state. 的 median household income among Texas homebuyers declined nearly 3 percent year-over-year to $94,200. 的 median home price paid among Texas homebuyers was $215,000, significantly higher than the Real Estate Center at Texas A&M University’s estimation of $150,000 as a typical home price for entry-level and first-time homebuyers.

According to the report, debt delayed Texans from saving for or purchasing a home for a median of three years. Forty-four percent of Texas homebuyers waited six to 12 months to save for a down payment, compared to only 10 percent of homebuyers in the previous year’s report.

“As obstacles to purchasing a home increase, soaring property taxes due to a lack of accountability when tax rates are set at the local level have made it difficult for Texans to continue to afford that home,富勒顿总结道. “的 德州2021十大正规彩票app经纪人® supports Senate Bill 2 and House Bill 15 to bring honesty and transparency to the property tax rate setting process and facilitate property owner engagement in that process.”

About the Texas Homebuyers and Sellers Report

的 Texas Homebuyers and Sellers Report is based on survey data from the Profile of Homebuyers and Sellers by the National Association of REALTORS®. 德州2021十大正规彩票app经纪人® distributes insights about the Texas housing market each month, including quarterly market statistics, trends among homebuyers and sellers, 豪宅销售, 国际趋势, 和更多的.