The Last Housing Bubble Missed Texas. Now the Lone Star State is Home to the Second Most ‘Overvalued’ Housing Market in the Country
Forbes, May 23, 2022–Lance Lambert
The U.S. is again seeing a housing boom that has set home prices out of reach for many buyers. U.S. home prices have risen 19.8% over the past year, which is more than four times greater than income growth during the same period. Texas is front and center of the surging cost in housing.