Yearning for wide open spaces? Come see this spectacular home with over 10 acres and an attached 2 car garage/workshop. Lots of luxurious touches on this 4Br/2Bath with 2 LV areas. Gourmet kitchen with granite, stainless, huge center island. Master BR closet is enormous, very spacious master bath has granite, double vanities, huge walk in shower & garden tub. Living area with trayed ceiling and cozy fireplace.Double granite vanities in 2nd bath also. 30x40 Metal WorkShop. Great country living!
If you’re worried about lower oil prices and the effect on the state’s economy, there’s research that could put your mind at ease. While there is some relationship between the two, Jim Gaines, Ph.D., a research economist with the Real Estate Center at Texas A&M University, says historical data shows that this relationship is only correlation, not causation.
“They do tend to have some relationship to each other, but there’s nothing that says just because the price of oil goes from X to Y that the monthly home sales are going from A to B,” Gaines told Texas REALTOR® magazine.
“Historically, the state has had substantial and strong home-sale activity even without extremely high oil prices,” he says. At the same time, there are cutbacks in the oil industry, which means job losses for some Texans. However, Gaines says there are other influences on the housing market, including employment growth in non-energy sectors, population growth, and low mortgage-interest rates.
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