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U OF NT DEP. LIBRARIES 16203
REAL
ESTATE
CENTER
Texas A&M University
College Station, Texas 77843-2115
Non-Profit Organization
U.S. Postage
PAID
College Station, TX
Permit No. 215
SOLUTIONS THROUGH RESEARCH
The Real Estate Center at 'Texas A&M University provides comprehensive research and education programs to
meet the needs of the real estate industry, educators, and the general public. A catalog describing hundreds of
publications, audiovisuals, and computer programs is free by request, or on the Center's web site (http://
RECenter.tamu.edu). Correspondence should be sent to the address below. The telephone number is 409-845-2031.
TRENDS provides timely, condensed statistical information. Not all the numbers are updated in each issue, but
they represent the latest data available for that series at the time of publication. Some data are preliminary and
subject to change. More detailed data are available in various technical reports. Reader comments about this publi-
cation in particular or the Center's operations in general are welcome.
Subscriptions. Active Texas real estate licensees may receive TRENDS free by sending name, address, telephone,
and license numbers to: Real Estate Center, Dept. TS, Texas A&M University, College Station, Texas 77843-2115.
Others by paid subscription only, $24 per year in Texas and $36 per year to nonresidents.
Director: Dr. R. Mal:olm Richards
Advisory Committee. Conrad Bering, Jr., Houston, chairman; John P Schneider, Jr., Austin, vice chairman; Michael M.
Beal, College Station; Melissa C. Cigarroa, Laredo; Dr. Donald S. Longworth, Lubbock; Carlos Madrid, Jr., San
Antonio; Andrea Lopes Moore, Houston; Kay Moore, Big Spring; Gloria Van Zandt, Arlington; and Pete Cantu, Sr.,
San Antonio, ex-officio representing the Texas Real Estate Commission.