Current Market Data

Is Houston’s strong November market a rebound, or a reaction?

Houston home sales skyrocketed in November, rising more than 20 percent from the same time last year, a new report from the Houston Association of Realtors confirmed today. The increased demand affected sales in all property types across the

The damage $1,000 could do to Houston’s home affordability

Affordability is a chief concern in the Houston real estate market, as it is in many markets. But even though it’s a popular talking point for industry insiders, few understand the true volatility of “affordable.” To some families, the line

Trump’s immigration policies may dramatically increase foreclosures

There are about 11 million illegal immigrants in the U.S., eight million of whom are a part of the country’s labor force. Although it’s hard to say where President-elect Donald Trump actually stands undocumented workers – he has promised to deport all of them,

Houston’s 10 most active luxury neighborhoods

Earlier this week, we drew from our REAL DATA report to show the most active luxury market in Greater Houston. Now we’re covering the neighborhoods. In November, there were more $1 million-plus home sales in River Oaks than any other

Do not worry – rising mortgage rates are not the end of the world

The news sounds bad: mortgage rates have risen aggressively since the presidential election, and are now at their highest level since July 2015; for the first week in December, rates posted the largest weekly jump since 2013; and the Federal

Greater Houston’s top 10 luxury housing markets, Nov. 2016

In November, there were once again more $1 million-plus home sales in Houston proper than any other market in the greater metropolitan area, according to our latest REAL DATA report. With more than 50 sales with an average closing

Chinese buyers show serious interest in Houston market

Houston’s real estate market is becoming a hotspot for Chinese buyers, a new analysis of Web searches from Sotheby’s International Realty Affiliates confirms. Between Oct. 2015 and Oct. 2016, Chinese Internet users took special interest in Houston, searching for

Real estate leaders show concern for the 2017 market

We are only a few weeks away from the New Year, and a little over a month away from a new president, but the future of the economy, and housing specifically, has never been more uncertain. At least those

Houston most charitable U.S. city

For the second year in a row, Houston is the most charitable city in the country. That’s what a recent study from Charity Navigator found, citing the city’s top-performing nonprofit networks; high levels of donor contributions ($4.3 million); and

5 things agents should anticipate in the 2017 market

The New Year is nearly upon us, and a number of housing analysts and firms are prepping their end-of-the-year reports. Trulia’s report has, historically, been among the more interesting of that batch, and the website’s 2017 Housing Outlook, which

Annual housing report shows Texas is an evolving market

The Texas Association of Realtors released its annual housing report this month, and the findings detail a dynamic real estate market where, despite economic turmoil, strong condo/luxury sales and foreign homebuying demand are bringing persistent gains. Below are the

4 reasons suburban markets are thriving – and will only grow stronger

Over the last 15 years, 91 percent of population growth in the country’s 50 largest and most urban cities took place in the suburbs, according to a joint report from the Urban Land Institute and RCLCO. That’s a stat

Houston buyers get more for less than they would in Dallas, and elsewhere

Median home price in the U.S. is averaged at $300,000, which gets you, again on average, 1,700 square feet. But when you boil it down, those numbers don’t really mean anything, because they represent too wide an area. That’s

Greater Houston’s top closings in November

Click on the tabs below to see the top single-family, condo, and multifamily closings in Greater Houston’s housing market in November. Single Family Condo Multifamily Single Family Sales Price Address Agent Brokerage $3,700,000 2339 Drexel Circle, Houston Tracey Smith Heritage

A majority of consumers are terrified of the mortgage process

The overwhelming majority (92 percent) of U.S. consumers recognize buying a home as a better financial decision than renting, a national survey from Sente Mortgage confirmed. The problem is that most (70 percent) do not know how or where

Greater Houston shows up big on Texas’ top 20 places to buy a home

Greater Houston’s El Lago community is one of the best places in Texas to buy a house, according to a new report from Niche. The rating website made its decision after weighing more than a dozen data points, which included

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