Current Market Data

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

Houston named a top 10 investor market

In analyzing the country’s biggest residential real estate markets, weighing cap and rental rates, as well as median single-family home price, the online investment and management firm HomeUnion found that purchasing in Houston is a savvy move. Since last year,

Case-Shiller: Texas home prices soar above the national averages

After some strong summer months, Texas home prices remained strong as ever in the fall, according to the latest Case-Shiller Home Price Indices from Standard & Poor’s. From August to September, Dallas prices were up 0.3 percent, while year-over-year, prices were up 8.0 percent, both of which blew

Houston’s new construction market returns to life in spectacular fashion

The Houston new construction market showed welcome signs of life last month, according to research from Dodge Data & Analytics. In October, Houston saw more than $895 million in total residential construction spending, a most welcome 20 percent increase from Oct. 2015. However, year-to-date construction spending

Study: Low-income housing poses no threat to property values

It’s been heard in probably every city in America: “We can’t build low-income housing here, because it will hurt our property values.” It’s an argument from middle- and upper-class homeowners alike, and though they usually buffer the comments with

Greater Houston’s 10 priciest markets

Earlier this week, we started digging into a market analysis from local top producer Paige Martin that attempted to quantify the effects low oil prices have had on Greater Houston’s real estate market. In our first story, we looked

The 3 trends that will define housing’s future

The cliche goes that the devil is in the details, and in no sector of the economy is that adage more appropriate than housing, where many slow moving, nearly imperceptible trends gather momentum outside the mainstream’s gaze – and then 20

From $1 to $115 – Greater Houston’s lot prices, and how oil has affected them

The difference in lot price between Greater Houston’s most and least expensive areas is more than $100 per square foot, according to a report from local top-producing broker Paige Martin. Drawing from data collected by the Greater Houston Partnership,

Where can you find the best teachers in Greater Houston?

It’s no secret that good teachers make a good school, and in Greater Houston, nowhere are there better teachers than in the Friendswood Independent School District, according to rankings website Niche. In its analysis, Niche, as it has in other

The savings gap – why fewer Americans can buy homes

According to the 2016 Profile of Buyers and Sellers from the National Association of Realtors, 61 percent of all homebuyers used their savings to cover their down payment, while among first-time buyers, the share was even higher at 76

Greater Houston’s top 10 school districts

Friendswood ISD is Greater Houston’s top school district, according to a new analysis from Niche. Earlier this week, Niche released its top private high school rankings, and has followed that report with its school district rankings. Niche considered a number

10 Greater Houston markets where luxury is still selling

In October, there were 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. More than 50 sales with an average closing price of $1.67

The 7 things your buyer clients are looking for in homes

There are many things a homebuyer considers when looking through the stock of available residences. New or used? Single family or condo? Near or far? Helping us sift through those options is NAR’s 2016 Profile of Home Buyers and

The top 10 private high schools in Greater Houston

Greater Houston’s St. John’s School near River Oaks is the area’s No. 1 private high school, according to a recent analysis from Niche. The rating website based its determination on a number of data points, including the typical quality

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