12-2017 Market Report

It’s the time of year when we look back at where we are, and look forward to next year. Our usual look back at the multi-parcel transactions in November shows us 114 transactions involving a party generally associated with new-home development. See the attached data....

11-2017 Market Report

A recent report from the National Association of Realtors highlights a national trend. The overall inventory of homes for sale, based on a months-of-inventory metric, trends low – indicating a seller’s market. Said the other way, buyers have a low inventory of...

10-12-17 Market Report

Looking at the number of local transactions involving sellers with more than one deal in September, we find 140 transactions (some involving multiple parcels) associated with firms we typically associate with single-family development. See attached. This indicates a...

August 2017 Market Report

Let’s look at our usual metric of number of transactions for sellers normally associated with new construction (i.e. builders and lot developers) for August 2017. We find 141 transactions in August, which is consistent with expectations for completions of early-year...

Lubbock Texas Market Report 07-2017

Looking at grantors transferring more than two parcel during July 2017, grantors that we generally associate with new construction accounted for 131 transfers. This beats the per-month average in 2017 Q2. We note that many of the transfers were multi-lot, meaning that...

Market Report through Q2-2017

New residential construction lead the way in disposition transactions through the first two calendar quarters of 2017. Looking at grantors transferring more than two parcel during each month, grantors that we generally associate with new construction accounted for an...