
Despite losses in the oil and energy sectors and with home prices above their historic peaks, the Texas housing market remains strong.
The recent CoreLogic Market Condition Indicators suggested that Texas had the most overvalued markets among the 100 regions in the U.S., HousingWire reported. With six of the top 10 metro regions landing in the list of areas with a percentage of home prices relative to the long-run sustainable level, the numbers seem to indicate the potential for a bubble.