Lubbock 2017 Real Estate Recap

Lubbock Economy

Over the last year the amount of construction permits has increased by 95 percent. New home permits are up almost 45 percent compared to recent years. As the population of Lubbock grows, there will also be an increase in the demand for housing and retail. The average home price is just over $200k. Right now is a great time to invest in the Lubbock housing and commercial market. Not only are the housing sales up, but so are retail, auto, oil and agriculture. Best of all, the unemployment rate is down to 3.9 percent. With the great economy right now, give us a call and let us help you find your next investment!

#Lubbock #EconomicIndex #RealEstateFuture

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All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. | (806) 395-5022 | 6202 Iola Ave Suite 125, Lubbock, TX 79424

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