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Regional Spotlight: Texas Home Sales Reach Record High — RISMedia
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Texas home sales reach record-breaking numbers in second quarter of 2021
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Study: Many Texas Households Lack Homeowner s Insurance
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Texas sets a record for second-quarter home sales
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Special to the Review
Jul 23, 2021
Winter Storm Uri was a harsh reminder of the importance of homeowner s insurance. A study by the Texas Real Estate Research Center at Texas A&M University shows households that are low-income, in nonmetropolitan areas, or without a mortgage are less likely to have homeownerâs insurance.
Researchers used U.S. Census Bureau data to estimate the number of uninsured Texas households. Approximately 26.6% of non-metro homeowners reported as uninsured. Eleven percent of households in metropolitan areas with a principal city such as Austin, Dallas-Fort Worth, Houston, and San Antonio are uninsured. In metropolitan areas without a principal city, 10.2% do not have homeownerâs insurance.