Texas Is the Fastest-Growing State in the U.S.—and Now the Race Is On To Build More Homes
Article Source: realtor.com
They say that everything is bigger in Texas, but there's an important exception that's key to improving housing affordability in the state: new homes.
Faced with a population explosion driven by newcomers, the Texas housing market has grappled to keep pace with demand in recent years, with homebuilders racing to fill the void.
Last year, Texas was the No. 1 state for permitted housing units, accounting for 15% of the national total, well above the state's 9% share of the U.S. population.