POSTED: Thursday, August 2, 2012 - 11:00am
UPDATED: Thursday, August 2, 2012 - 11:14am
Lufkin ,Tx — The state of Texas continued to see momentum in the real estate market through the second quarter of 2012, furthering a trend towards a statewide seller’s market, according to the Texas Quarterly Housing Report released Wednesday by the Texas Association of Realtors. Locally, Lufkin home sales increased slightly, by two-thirds of a percentage point, but the median price increased 24.2 percent compared to the same period a year ago.
An even more significant statistic, according to Michael Bryan, owner of Century 21 Bryan Realty, is that more homes have been purchased during the first two quarters of this year in the Lufkin market compared to the same period last year at a higher average sales price.
Read more  from the Lufkin Daily News.