Here’s how Texas is solving its inventory crisis

Texas’ inventory shortages won’t be around much longer if the state keeps up its crazy-fast home building pace. The state is currently blowing past the rest of the country in homebuilding, with only three Texas markets – Dallas, Houston, and Austin - on pace to make up more than 10% of all permits in the U.S. Ralph McLaughlin, Trulia's chief economist, explains what the growth means for the Lone Star State.