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June 2022 Market Update

As Lubbock heats up, the housing market cools As temperatures climb higher, the Lubbock real estate market began a long-anticipated cool down. Home sales saw their first significant decline of 2022, a product of long-diminished housing inventory, record high-prices...

May 2022 Market Update

Home sales declined in May for the second straight month even as prices climbed to new record highs and mortgage interest rates continued their upward trend. Consumer demand remains high, with properties below $300,000 being snapped up almost as quickly as they were...

January Market Statistics 2022

December 2021 housing report shows consumer demand for housing kept the Lubbock market sizzling The second year of a global pandemic, record low housing inventory, building supply and labor shortages that challenged home builders, and rising home prices could not...