Current Market Data
In a new report, Real Estate in a Digital Age, the National Association of Realtors offers insight into homebuyers’ technology usage habits. It’s a rare consumer who doesn’t incorporate technology into his or her homebuying pursuits – 95
For today’s real estate agent, technology is indispensable in getting the job done quickly and efficiently. According to NAR’s recent 2017 Real Estate in a Digital Age report, agents and brokerage firms rely on a variety of tools
The historic, nationwide housing inventory shortage could be cured by more new-home construction, real estate economist Lawrence Yun said, but barriers exist before construction can ramp up. Raising interest rates could dampen homebuying activity, with 53 percent of
The current generation of 18-to-34-year-olds – otherwise known as Millennials — is more likely to be living with their parents than in any other living situation for the first time in 130 years, according to a recent study. Just
To better understand the perspective and experiences of people who were in the market to buy or sell a home in 2016, Redfin recently commissioned SurveyGizmo to ask 3,352 Americans what would influence their buying or selling of a
“Green” amenities and building practices are all the rage, but how green is the average homebuilder, really? As it turns out, some green practices and products are more popular than others among single-family home builders. According to a recent
Houston broke yet another home price record last month, the Houston Association of Realtors revealed in its latest report: the highest median single-family home price ever for a February. Driven by strong sales in the upper end of the
Every year, Redfin polls recent and prospective homebuyers in an attempt to gauge how people’s views of the housing market have changed, or remained the same, from one year to the next. But this year is different. This year
Americans live much larger than they did 30 years ago, despite families being slightly smaller. But that doesn’t mean Americans want bigger homes. As a recent Trulia study showed, homeowners suffer from widespread “grass-is-always-greener” syndrome, in which small home
The median home price nationwide when President Donald Trump took office was $234,900, according to the National Association of Realtors. Apart from Trump, there have been eight presidents to hold office since NAR started compiling comprehensive home sales data
Despite the energy downturn, local Realtors have sold a record 76,449 single-family homes in the Houston metropolitan area. According to the Houston Association of Realtors, that is a 3 percent increase from the previous year. Although, specific neighborhoods have
Texans on average have more mortgage debt than borrowers in half the country, an analysis from Business Insider confirmed this month. How much debt exactly? According to data Business Insider obtained from Experian, $159,195 in 2016, making it the
Houston’s new construction market ended 2016 on a low note. Fortunately, the tune was up an octave to start 2017 A new report from Dodge Data & Analytics shows that in January, residential construction spending in Houston was up
When the TILA-RESPA Integrated Disclosure (TRID) rule was passed in Oct. 2015, it was billed as a simplifying of the mortgage process – at least as far as borrowers were concerned – and an effort to increase transparency, particularly as
The Millennial homeownership rate fell to a 30-year low last year, and a big contributor to that trend is growing student loan debt. The country has an opportunity to address the issue under newly elected President Donald Trump and
Toll Brothers is “The World’s Most Admired” homebuilder, according to Fortune. Of the five homebuilders named by Fortune, the Pennsylvania-based builder, which operates in markets across the country, came in on top. Fortune cited Toll Brothers’ renowned management, innovation,
