Current Market Data
It was supposed to be the end of the McMansion era. New homes in the U.S., after steadily growing in size for more than 30 years, finally reached their peak during the mother of all housing bubbles. Following the inevitable
Many factors play a role in a growing housing market, but a strong, versatile economy is likely the most important factor – and new research from Pew has reinforced the role that the strong the Houston economy has played in the area’s
Recently, Redfin surveyed buyers on their concerns about the housing market. Surprisingly, the survey found that homebuyers are not as concerned about supply as they were in the past, despite it being the driving factor of homebuyers’ current concerns –
If a new preference survey from the National Association of Homebuilders is to be believed, demand for green features is here to stay. In a survey ranking 150 different home and community features, the NAHB confirmed late last month that ENERGY
More business means growth, and in real estate, where the harder you work the more you make, brokerages, offices and even individual agents have a tendency to look beyond their current stations to bigger and better things – namely,
Our population is aging, and when the current retirement surge is complete, the nation’s real estate landscape may look very different. In a 2015 article from the National Association of Realtors’ Realtor magazine, citing a Counselors of Real Estate survey, the country’s forthcoming demographic shift was
The 25 top-selling subdivisions of 2015 have been named. On the national stage, 13 are in Texas, and four of those are in Houston, according to Metrostudy data first reported by Builder. Houston’s top subdivision was Riverstone/Avalon, with nearly
The recent flooding in Houston is not so much a wake-up call about the city’s flood vulnerability, but more a reminder: Houston takes on water easily – a fact confirmed in CoreLogic’s 2016 Storm Surge Report, released today. The
Houston’s River Oaks neighborhood – located in the city’s loop, sandwiched between Galleria and Montrose – has long been lauded as among the metro’s best. And it’s no mistake that so many outlets agree on the matter. But over the
Across the country, the salary needed to live in the largest metro areas has fluctuated in 2016, according to a new report from HSH.com. In the Greater Houston area, the median salary required to live is $51,392.04, a $771.88 decrease from last quarter. In addition to the needed
A lot happened in Houston real estate news this week. If you missed any of these stories, never fear. Here’s what happened: Metrostudy’s Lawrence Dean talks oil and building in Houston – “It is OK,” Dean, senior advisor with Metrostudy,
The Houston new construction market continued its disappointing 2016 performance in April, according to new numbers from Dodge Data & Analytics. In April, Houston saw more than $701 million in total residential construction spending, a 24 percent decline from April 2015; furthermore, Houston’s year-to-date
All parents want their children to go to a good school, but not all parents can afford to live in the districts that house them. That’s not the case in Buford, according to a recent analysis from HomeUnion. “The
It is a well known fact that women earn less income than men, but new research from RealtyTrac has found that the gender gap also extends into real estate – especially here in Houston. According to RealtyTrac’s research, Houston
Pending home sales rose for the third consecutive month in April and reached their highest level in over a decade, according to new analysis from NAR. The Pending Home Sales Index, a forward-looking indicator based on contract signings, hiked
If population growth is any indicator of a city’s popularity, then people love Pearland. Drawing from the most recent Census Bureau data, MarketWatch, published by Dow Jones, determined the fastest growing cities in the U.S., and along the way