Current Market Data

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Three masterplan community trends that are attracting new residents

Masterplan community developers are looking to expand the amenities and conveniences offered to residents in order to bring in new buyers. According to John Burns Real Estate Consulting, there are three major features that developers are offering in their

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Houston home sales continued to grow in April

Single-family homes sales and inventory in Houston continued to grow in April, reaching the highest level since last August, according to the Houston Association of Realtors (HAR). Home sales are up 3.1 percent compared to last year, with 6,583

Empty nest households reach record high

More aging parents are staying put rather than selling their homes as the amount of “empty nester” households has risen to record highs, according to Zillow. The number of empty-nest households, or homeowners aged 55-plus who have no kids

Houston home sales and prices continue to grow in March

  Single-family home sales and prices rose in March, while the housing inventory also grew, according to the latest report from the Houston Association of REALTORS®. Single-family home sales are up 11.7 percent to 7,013 compared to March 2016,

Here are 6 ways consumers use tech to buy real estate

  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

A woman uses a touch screen device.
A fresh look at real estate tech: 6 agent and brokerage habits

  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

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Build more homes to combat rising inflation, housing prices, economist says

  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

Houston ranks 13th for Millennials living with their parents, study shows

  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

Buyers and sellers open up: 6 things that influence homebuying decisions

  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

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How “green” is the average homebuilder?

  “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 breaks home price record in February

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

Despite market uncertainty (or perhaps in spite of it) more people want to buy homes, study finds

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

These buyers want bigger homes, and these want smaller ones

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

Every president’s starting median home price

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

Greater Houston’s 10 hottest housing markets

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

What’s the average mortgage debt in our state?

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