The Housing Market Index from the National Association of Home Builders and Wells Fargo fell by one point in February, to 36 out of 100. The index hasn’t been above 50 — a sign of confidence in the market — since spring 2024.
That’s the national picture. But real estate is all about location, location, location.
Even in a mediocre home building environment with elevated interest rates and building costs, Scott Norman, executive director of the Texas Association of Builders, does not worry about the Lone Star State…