Texas Real Estate Center Trends, Volume 3, Number 2, October 1989 Page: Front Cover
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VOLUME 3, NUMBER 2 SOLUTIONS THROUGH RESEARCHOCTOBER 1989
Table 1. Construction and Mortgage Data
Site-Built Housing Permits New Housing Construction Mortgages (e)
Monthly Data (a) Year-to-Date Units (c) $ Cost (d)
Single- Multi- Total Percent per Additional per per Effective Loan Volume
MSA Family family Units Number Change (b) 100 Households Unit Sq. Ft. Interest Rate ($ millions)
Abilene 6 0 6 59 -45 72 83,656 na 10.92 na
Amarillo 9 0 9 78 -45 48 95,873 na na na
Austin 196 2 198 1,347 -16 37 133,371 na 9.85 1,218
Beaumont-Orange- 10 0 10 120 40 0 101,110 na 11.56 683
Port Arthur 11.56
Brazoria 62 0 62 478 -4 0 86,589 na na na
Brownsville- 44 0 44 337 -2 15 36,574 na na na
Harlingen
Bryan-College Station 15 4 19 177 15 0 77,138 na 10.86 na
Corpus Christi 38 0 38 573 35 0 79,056 na 11.39 na
Dallas 830 38 868 6,438 -12 29 104,810 na 10.44 11,518
El Paso 160 26 186 1,201 -7 30 50,821 na 11.32 620
Fort Worth 475 5 480 3,576 1 37 94,206 na 10.58 na
Galveston-Texas City 71 0 71 796 91 0 106,609 na 10.98 na
Houston 774 376 1,150 6,685 32 127 69,688 na 10.47 12,513
Killeen-Temple 30 0 30 381 -29 16 68,326 na 11.44 na
Laredo 52 16 68 485 -2 58 32,319 na na na
Longview 11 0 11 75 -11 25 87,348 na 10.81 220
Lubbock 39 0 39 306 -9 17 104,383 na 12.27 na
McAllen 76 2 78 593 -8 18 50,434 na na 665
Midland 17 2 19 146 -1 0 83,195 na na na
Odessa 2 0 2 33 38 0 25,750 na na na
San Angelo 12 0 12 95 -25 19 41,538 na na na
San Antonio 171 4 175 1,230 -15 12 79,313 na 10.55 na
Sherman-Denison 1 0 1 11 -65 3 45,000 na 10.71 na
Texarkana 6 0 6 44 0 8 62,761 na na 202
Tyler 10 0 10 62 7 22 162,500 na 10.82 230
Victoria 9 0 9 107 197 36 82,887 na 10.16 na
Waco 12 0 12 80 -27 6 113,917 na 11.36 na
Wichita Falls 7 0 7 58 14 32 61,196 na 11.34 na
Total 3,145 475 3,620 25,571 2 na 84,917 na na na
Non-MSA Total 36 40 76 353 -12 na 35,406 na na na
Texas 3,181 515 3,696 25,924 2 36 83,899 na 10.60 40,013
U. S. Total 83,041 33,886 116,927 860,061 -7 59 74,583 na 10.35 760,059
Note: na = data not available
(a) Data for August. Excludes mobile homes.
(b) Compared to previous year's data for same months
(c) Second Quarter 1989 data
(d) Per unit: August. Per sq. ft.: na.
(e) Interest rates: Second Quarter 1989. Loan volume: Second Quarter 1989.U OF NT DEP. LIBRARIES 76203
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Texas A & M University. Real Estate Center. Texas Real Estate Center Trends, Volume 3, Number 2, October 1989, report, October 1989; College Station, Texas. (https://texashistory.unt.edu/ark:/67531/metapth903518/m1/1/: accessed July 11, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting UNT Libraries Government Documents Department.