Like the construction industry, the residential construction and sales sectors also improved significantly. Construction activities increased 41.4 percent since 2012. On the other hand, the year-to-date home sales recorded went up 18.3 percent despite a downward dip in the fourth quarter. Complementary to the increased vigor in these sectors, home prices rose 4.6 percent in 2013.
The strong market data released for 2013 is a boon for investors who are eyeing the city’s properties. With new Lubbock, TX, homes supplying the rising demand, which data shows may be due to a significant decrease in unemployment, all interested parties can work with trusted realtors like Coldwell Banker, Rick Canup Realtors to secure great investment properties.
http://www.coldwellbankerlubbock.com/default.cfm/page/blog/cat/entrydisplay/entryid/bca52f77-1a94-4d0d-8cb056dee7b6d847.htm
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