Current Market Data

Are we in a bubble? Yes, no and maybe

In Jan. 2005, Alan Reynolds, a senior fellow at the Cato Institute, said that it would be “financially foolhardy” to listen to “housing bubble worrywarts.” A few months later, Jude Wanniski, a former adviser to President Ronald Reagan, authored

Houston breaks sales and price records in August

Houston home sales fell in July, according to the Houston Association of Realtors. But in August, more single-family homes sold than any other single month in the city’s history. HAR recorded 7,914 closed single-family home transactions last month –

New rankings chart Houston’s investment property purchase activity

About one in five homes purchased last year was bought as an investment property, according to the National Association of Realtors. The average investor had a median household income of just over $95,000 and bought a single-family home within

Greater Houston by graduation rates: Top high schools in Montgomery County

In the second part of our Greater Houston by Graduation Rates series, we looked at the top high schools in Fort Bend County. For our third entry, we give you Montgomery County’s best high schools, starting with The Woodlands High School. See

Greater Houston by graduation rates: Top high schools in Galveston County

In the third part of our Greater Houston by Graduation Rates series, we looked at the top high schools in Montgomery County. For our fourth entry, we give you Galveston County’s best high schools, starting with Clear Horizons Early College High School. See

Greater Houston by graduation rates – Top high schools in Harris County

Good schools are a grace to real estate agents, because every homebuyer with kids wants to be near one, and many are willing to pay a premium for the convenience. In Greater Houston alone there are over 400 high

Houston agents need to watch this demographic

Millions of Baby Boomers are planning move over the next several years – everyone knows this. But it could mean big things for agents working in Houston. There are three reasons most homeowners between the ages of 61 and 90 want

Why 1 in 5 buyers say they’d purchase a home without seeing it in person

Last year, one in five homebuyers purchased a property sight unseen. According to a new survey from Redfin, that number is holding true this year, as well. This may be a trend agents should follow. Crissy Dyer is a

The smart home gap: An opportunity for sellers

Many buyers want their homes to be outfitted with smart technology, but most homes don’t have it, according to a consumer survey from The Demand Institute. It’s an opportunity for sellers. Seventy-three percent of consumers agreed that having home automation

Houston’s booming startup economy a good omen for agents

Not every real estate agent wants to retire an independent contractor, and not every homebuyer wants to live in a city that doesn’t foster entrepreneurs. Those things are easy to avoid in Houston, ranked in the top 10 of

Texas attracts billions in foreign real estate investment

International homebuyers in Texas accounted for more than $10 billion in sales, and 10 percent of the nation’s total international sales, between April 2015 and March 2016, the Texas Association of Realtors confirmed today. “Over the last several years,

Houston loan originations up 94%

Loan originations are up in Houston, which bodes well for the market after the Houston Association of Realtors recorded an 8.8 percent year-over-year drop in sales in July. In the second quarter of 2016, mortgage lenders in the city

Pending home sales rise to second-highest level since 2006

July marked the second highest reading in over a decade for pending home sales, with the Midwest being the only area to see a decline in contract activity during the month. The Pending home Sales Index (PHSI), which tracks the

Affordability even bigger concern for buyers in 2016 than in 2015

In 2015, homebuyers’ biggest concern was affordability. This year it’s an even bigger concern. Twenty-eight percent of buyers cite “affordability” as their No. 1 concern in purchasing a home, according to a new Redfin survey – a 1.4 percentage point

Texas home prices continue strong growth in new Case-Shiller

The Texas housing market continued its strong pace in the most recent Case-Shiller Home Price Indices, which covered home prices through June. Although the Case-Shiller does not track home prices in Houston, S&P found that prices in Dallas rose 0.9 percent from May to June

Home start gains projected into 2018

There aren’t enough homes, and that’s a problem in multiple markets. But it might not be for too much longer. “As most real estate professionals know, housing costs are still climbing,” National Association of Realtors Chief Economist Lawrence Yun wrote

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