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For many prospective homeowners, the lack of housing availability in their local markets is driving up prices and limiting their options. But that’s not the case in Texas, where some estimates have 88,000 homes of all shapes and sizes for sale. The number represents nearly 10% of the total inventory of 800,000 homes available nationwide. More importantly, it means that the oversupply might create one of the nation’s most buyer-friendly and affordable housing markets. Speaking toNewsweek magazine, real estate data company Reventure CEO Nick Gerley said Texas has more housing availability than a…

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