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Tag Archives: RealtyTrac

Texas Has Second-Highest Property Taxes in Nation

AUSTIN – Texas has the second highest property taxes in the nation, according to a new study by RealtyTrac, a real estate data firm. New York has the highest. Property tax reform is a controversial issue in the current session of the Texas Legislature. The Building Owners and Managers Association (BOMA) is leading a campaign protesting tax appraisals on Texas ... Read More »

Residential Rental Rates Up 24 Percent in Oil-Rich Midland, Texas

MIDLAND, Texas – Residential rental rates have risen 24 percent in the last year in Midland, due to high demand generated by the energy industry, according to the RealtyTrac housing data company. Midland is in the heart of the Permian Basin, a large formation in West Texas that leads the nation in drilling activity. The No. 1 gainer in residential ... Read More »

All-Cash Home Buyers: Houston, San Antonio Lead Nation in Gainers

HOUSTON – If cash isn’t king in Texas home buying, then it’s at least the Crown Prince of the Texas home market. According to a third quarter study by RealtyTrac, all-cash home purchases accounted for 32.4 percent of Texas home sales compared to 21.5 percent a year ago. Houston led the nation, followed by San Antonio, as the nation’s biggest ... Read More »

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