CONGRESSIONAL DISTRICT REPORT For the 113th Congress Texas District 20 Representative Joaquin Castro (D) National Association of REALTORS 500 New Jersey Avenue, NW Washington, D.C.
Texas Congressional Districts 113th Congress
CONGRESSIONAL DISTRICT REPORT For the 113th Congress This Report presents the most recent and relevant data that is available for the Districts of the 113th Congress as related to housing issues. Real estate, demographic, and economic data are presented to provide information about the status of homeownership, trends in the real estate market, and the economic conditions that underlie the demand for housing. NAR's goal in providing this Report is to sustain and strengthen public policy support for homeownership which offers tremendous social and economic benefits to American neighborhoods. Additional information on housing issues is available at www.realtor.org. Sections of the NAR website of particular interest in economic and housing analysis include Existing Home Sales REALTORS Confidence Index Research and Statistics http://www.realtor.org/topics/existinghomesales. http://www.realtor.org/reports/realtorsconfidenceindex. http://www.realtor.org/researchandstatistics. NAR's political advocacy information is available at http://www.realtor.org/politicaladvocacy. Information for News and Blogs may be found at http://www.realtor.org/newsandcommentary. This Report provides District information as well as overall State information on the following pages.
HOUSING STATISTICS FOR THE 113TH CONGRESS National Association of Texas District 20 REALTORS District Level Information Representative Joaquin Castro (D) Home Ownership in Total Housing Units 264,027 Homeownership Rate (% Owned to Occupied) 57.1% Occupied Housing Units 240,903 Units With Mortgage, as % of Owner Occupied 64.9% Owner Occupied Units 137,508 Vacant, as % of Total Housing Units 8.8% With Mortgage 89,209 Without Mortgage 48,299 Renter Occupied Units 103,395 Vacant Units 23,124 Median Income, Owner Cost, and Rent in Median Household Annual Income $45,338 Occupied With Mortgage $71,798 Occupied Without Mortgage $40,323 Rented Units $30,072 Median Value of Owner Occupied Unit $109,300 % to Income Median Selected Monthly Owner Cost, Units with Mortgage $1,205 2 Median Selected Monthly Owner Cost, Units without Mortgage $369 11% Median Monthly Gross Rent $802 32% Employment in In the Labor Force, 16 years and up 365,173 Labor Force Participation Rate 66 % Number of Unemployed 32,317 Unemployment Rate 6 % 15% Employment, by Type Private Wage & Salary 5% Government 8 SelfEmployed Unpaid Source: American Community Survey,, 1 year estimates. U.S. Census Bureau. Tables DP03, DP04,B25119, B25099.
1984 1986 1988 1990 1992 1993 1995 1997 1999 2001 2003 HOUSING STATISTICS FOR THE 113TH CONGRESS National Association of Texas REALTORS State Level Information Senator John Cornyn(R) Senator Ted Cruz(R) Homeownership in Total Housing Units 10,154,835 Occupied Housing Units 8,970,959 Owner Occupied Units 5,586,856 Homeownership Rate 62.3% With Mortgage 3,412,384 % of Owned Units With Mortgage 61.1% Without Mortagage 2,174,472 Renter Occupied Units 3,384,103 Vacant Units 1,183,876 Median Household Income $ 50,740 Selected Monthly Owner Costs For Owner Occupied $ 65,502 Owned With Mortgage $ 1,374 For Renter Occupied $ 32,834 Owned Without Mortgage $ 432 Renter Occupied $ 831 Median Value of Home $ 129,200 Home Ownership Rate (in %)* 62% Asian 58.8 African American/Black 41.9 American Indian/Alaskan Native 56.3 Native Hawaiian/Pacific Islander #N/A White 66.3 Hispanic, any ethnicity 56.9 80 70 60 50 40 30 Homeownership Rate ( in%) Source: Census Bureau. CPS/VHS Texas U.S. Sources of data: Census Bureau, ACS (Tables DP04,S0201,B25119; HMDA Loan Application Register, ; Census BureauCPS * Alone or in combination with other race; N/A= not reported in the ACS tabulation
Q1:04 Q4:04 Q3:05 Q2:06 Q1:07 Q4:07 Q3:08 Q2:09 Q1:10 Q4:10 Q3:11 Q2:12 Q1:13 Q4:13 Q1:04 Q4:04 Q3:05 Q2:06 Q1:07 Q4:07 Q3:08 Q2:09 Q1:10 Q4:10 Q3:11 Q2:12 Q1:13 Q4:13 HOUSING STATISTICS FOR THE 113TH CONGRESS National Association of Texas REALTORS Mortgages in Foreclosure as of 2013 Q4 70,000 60,000 50,000 40,000 30,000 20,000 10,000 Foreclosure Inventory, End of Quarter 12.0 10.0 8.0 6.0 4.0 2.0 0.0 Percent of Loans in Foreclosure Inventory Source of data: Haver/MBA Texas Texas Source of data: Haver/MBA U.S. Mortgage Financing Trends in Conventional Home Purchase First Lien Loans for 1 to 4 Family Units FHA Home Purchase First Lien Loans for 1 to 4 Family Units 400,000 10 100,000 5 80,000 4 200,000 5 60,000 40,000 3 2 20,000 1 Number Pct to Total Loans Source of data: HMDALAR. NAR Tabulation 25,000 20,000 15,000 10,000 5,000 VA Home Purchase First Lien Loans for 1 to 4 Family Units 12% 1 8% 6% 4% 2% Number Pct to Total Loans Source of data: HMDALAR. NAR Tabulation 8,000 6,000 4,000 2,000 FSA/RHS Home Purchase First Lien Loans for 1 to 4 Family Units Source of data: HMDALAR. NAR Tabulation Source of data: HMDALAR. NAR Tabulation
HOUSING STATISTICS FOR THE 113TH CONGRESS National Association of Texas REALTORS 500,000 400,000 300,000 200,000 100,000 0 Number of Home Purchase First Lien Loans for 1 to 4 Family Units Loans Originated for Home Purchase First Lien Loans for 14 Family Units in All 238,029 Conventional Loans 134,821 57% FHAInsured Loans 73,565 31% VAGuaranteed Loans 22,604 9% FHS/RHS Loans 7,039 3% Source of data: HMDALAR/NAR tabulation. Source of data: HMDALAR Home Purchase Loans Originated in, by Income of Household Number of Median Loan Median Income Mortgages ($'000) ($'000) Lower Income Households 53,634 $ 112 $ 40 Middle Income Households 52,939 $ 147 $ 64 Higher Income Households 125,359 $ 208 $ 120 Unspecified Income Households 6,097 $ 111 $ 67 Source of data: HMDA Loan Application Register,. NAR Tabulation. * Lower income households were defined as those with incomes of 80 percent or less of the HUD median family income for the census tract. Higher income are those with 12 of HUD median family income. Middle income households fall in between.