Dr. Perryman explains what has allowed the state to retain strong overall numbers on housing.
Recent housing data reveals a phenomenal statistic, and Dr. Perryman says it mirrors what we have seen reflected in other economic data.
After a sluggish start to the year, Dr. Perryman says the Texas housing market seems to be on fire, with home starts in March the most in ten years.
There is another signal that Texas' economic rebound is continuing. Real estate agents sold a record 68,000 homes in the first quarter.
Experts agree that keeping the momentum in the housing market will require more purchases by first time home buyers, but Dr. Perryman says a big chunk of that market is up to their eyeballs in student loan debt.
A new report finds Texas with a sizable number of "boomerang children," those 25 and older and still living at home; Dr. Perryman says it presents many challenges.