Current Market Data

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A quarter of homes in US sold above list price in 2017

Home sales in 2017 showed nearly one-quarter (24.1 percent) of buyers paid more than the asking price, netting sellers an additional $7,000 on average over their initial offering price. The share of homes selling above list price has grown

Houston market shows resiliency in 2017 despite Hurricane Harvey

Hurricane Harvey did not slow down the Houston residential market as it saw its strongest year ever in 2017. According to the Houston Association of Realtors, residential sales in 2017 totaled nearly 95,000, a 3.5 percent climb over last

US home prices continue to rise

Amid low inventory and soaring sales, home prices around the country continued to increase in October, according to the latest S&P CoreLogic Case-Shiller Indices. Prices were up 6.2 percent over last October and up from 6.1 percent in September.

Floral is in, bar carts are out in Zillow’s home trends predictions for 2018

The new year is just around the corner, and if you’ve resolved to make your living space come alive with color and unique accents alike, a new forecast can help you choose your new decor. Zillow recently released its Home

Redfin: The average American home costs 18 bitcoins

Bitcoin, the first ever cryptocurrency to function independent of a bank or middleman, soared last month from $5,870.37 per coin on Nov. 12 to $16,650.01 on Dec. 12, a 183.6 percent jump. As of Dec. 21, its value was

Existing-home sales reach strongest pace in more than a decade

The end of the year usually means a slowdown in home sales, but this year is showing to be an exception, with existing-home sales growing in November for the third straight month to reach their strongest pace in nearly

How will younger buyers fare in 2018? A Q&A with millennial coach Dana Bull

It’s no industry secret that millennials have enormous buying power — the National Association of Realtors found that homebuyers 36 and younger made up the largest share of buyers this year at 34 percent. They may be an intimidating

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Luxury home sales were fastest-growing segment of Texas housing market in 2017

Sales of luxury homes in Texas jumped more than 19 percent this year, surpassing $7.5 billion in total sales dollars in 2017, according to the 2017 Texas Luxury Home Sales Report from the Texas Association of Realtors. From October

Single-family housing starts surge along with builder confidence

  After a slow construction season in October, housing starts across the nation saw a 3.3 percent jump in November, according to data from the U.S. Department of Housing and Urban Development and the Commerce Department.  Single-family construction, in

Fannie Mae: Gig economy workers hope to buy houses, but not in near future

We see evidence of it everywhere — big pink mustaches on car dashboards, round black “U” stickers slapped on the back of car windows and friends allowing out-of-towners to rent rooms in their homes for a modest price. The

First-time buyers see best market quarter in nearly two decades

First-time homebuyers have an easier entry into the market as the year winds down because of a market sector that is having best quarter since 2000 — despite low housing inventory — largely due to historically low mortgage rates,

Survey finds experts predict home prices will continue to increase in 2018

Zillow recently released its Q4 Home Price Expectations Survey, which polled 100 housing experts, market strategists and economists on what they think the housing market will look like in 2018, and their expectations were less than optimistic. The study was

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Top five home perks buyers will not give up

With home prices skyrocketing and inventory in high demand, it’s not surprising that homebuyers have started sacrificing some of their most desired amenities in the name of finding an affordable home. In the current market, buyers are willing to

Explore Bitcoin’s emergence in real estate with Miami Agent magazine

Buying or selling a piece of property is a huge milestone in anyone’s lives — one that typically involves one of two payment options: taking out a mortgage loan or, less common, purchasing outright with cash. However, there’s a

U.S. pending home sales bounce back in October after three-month decline

October’s pending home sales rebounded slightly after a three-month decline, according to the latest report from the National Association of Realtors. The Pending Home Sales Index rose 3.5 percent from 105.6 in September to 109.3 in October. This is

Freddie Mac: Housing market on track for best year in a decade

With 2018 right around the corner, Freddie Mac released its report card for 2017, that while the economy is marked by robust job growth and low inflation, the housing market has had some hiccups this summer and fall, largely due

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