Inventories are down and home sales are up in Lubbock, TX. Year to date prices have gone up by 11% versus 2008, and monthly June sales have increased by 2% with prices up 5% versus 2008. Local officials are optimistic that such numbers will soon spawn a revitalization of the construction sector. With inventory declining and prices rising, it should only be a matter of time. Via LubbockOnline.com
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