Potential buyers often judge a home’s affordability by looking at list price or mortgage rate alone. However, it’s crucial to take additional, more overlooked costs into consideration before purchasing a property. According to a recent Zillow report, Houston has some

Over the last decade, homeownership rates in the U.S. have fallen drastically, with an average of 63.4 percent in 2016 compared to 69 percent in 2004. The 2008 financial crisis has been largely blamed for the swift decline, but

According to the CoreLogic Market Conditions Indicators data, the Houston–The Woodlands–Sugar Land MSA is considered one of four markets that is overvalued in June. The report defines an overvalued market when home prices are at least 10 percent higher

As inventory tightens and Baby Boomers begin to age, more Americans are turning to multigenerational homebuying. According to the reNEWable Living Home survey conducted by BUILDER, multigenerational homes have proven to be easier on the wallet while also allowing buyers to

Millennials are known for their desire to live in cities with busy nightlife and easy access to outdoor activities. But this need doesn’t only apply to Generation Y — it turns out baby boomers want walkability in their neighborhoods as

Houston construction starts saw a slight drop last month, according to recent data from Dodge Data & Analytics. These numbers show a slight diversion from a recent pattern of increased spending on building. The report considered all June 2017

Home sales decreased in June thanks to low housing supply, according to the National Association of Realtors. The Midwest was the only area nationally with increased sales last month. Total existing-home sales (completed transactions that include single-family homes, townhomes, condos

The typical U.S. home is now worth more than $200,000 for the first time in history, according to the June Zillow market report. The national median home value now sits at $200,400. This number is a notable 7.4-percent increase from

The process of buying a home can be extremely daunting, especially if it’s your first time doing it. Recently, Chase Home Lending and Google paired up to figure out how and what people are searching online about homeownership. The companies discovered people

Across the country, there’s a growing demand for apartments, which in turn has led to an increase in rent prices. In Texas, however, less than half of the 50 priciest ZIP codes saw prices increase from 2016. In Houston, average rent

Houston saw the largest one-month sales volume in history in June, according to the Houston Association of Realtors. Home sales grew 8.3 percent from last year, growing from 7,771 in June 2016 to 8,414 in June 2017. On a

The U.S. affordability index dropped to 100 in the second quarter of 2017, which is the least affordable level since the third quarter of 2008, according to a new report from ATTOM Data Solutions. The affordability index measures the

Dodge Data & Analytics released new statistics on money spent on new Houston construction Thursday. The report considered all May 2017 constructions starts in the Houston area. There was a positive percent change for nonresidential construction starts between this year and

For homebuyers entering today’s market, speed is the name of the game. With home inventory at its lowest levels on record, available homes are being bought in record time. In a number of cities, the majority of homes don’t

If you’re considering becoming a landlord in a city like Houston, you’re in luck. Potential landlords can rent out most homes in a majority of America’s largest markets for a profit, according to a recent Zillow report. In 25 of

Low housing inventory has troubled buyers since the end of the recession, and it doesn’t seem to be getting any easier to beat out the competition for a purchase. In fact, the number of homes for sale has now dropped more quickly