Current Market Data
The Houston new construction market continues to sag, according to research from Dodge Data & Analytics. In November, Houston saw more than $601 million in total residential construction spending, and year-to-date, spending tops out at $8.310 billion. Those numbers are among
As we mentioned in the first entry in our “A Guide to the 2017 Buyer” series – which covered Millennials – the question “What does this year’s buyer look like?” is particularly pressing this year. It’s pressing because we start
At the turn of every new year, a question that always picks at any real estate professional’s mind is “What does this year’s buyer look like?” The question is particularly important in 2017 because we’re starting it off by
There is an affordability crisis slowing building in Houston, and many people are ignoring it. In a fourth quarter market report released this week, ATTOM Data Solutions provided stats on price and wage growth in Houston, and the numbers showed
When the U.S. housing bubble peaked in 2004 and 2005, the market seemed to be in grand shape: the homeownership rate was 69 percent; the Case-Shiller National Home Price Index was 184.4, a 135.5 percent increase from 1994; and
The U.S. Census released it 2016 population estimates this week for state-by-state growth from 2015 to 2016, and nowhere were gains bigger than in Texas. The state’s population made a 432,957-person leap from 27.42 million to 27.86 million. That’s more
Built among acres of trees and greenspace, Kingwood is Houston’s “livable forest.” It rides Spring Creek and hugs Lake Houston. That alone would be enough for many residents, but there is so much more the neighborhood has to offer.
President Obama’s legacy will take shape over the coming years, but one thing is clear – he will be remembered as a champion of homeowners, a fact his record bears out. Here are a few of his most notable achievements, as they
There are more than 44 million immigrants living in the U.S. They account for about 13.6 percent of the total population, and together represent billions in annual real estate transactions – and Houston is one of the eight best cities
When it comes to the housing market’s ever-worsening inventory situation, one factor receives an outsized share of the blame – the historically low levels of home construction. Although the explanations for construction’s low volume differ – NAR has consistently argued that builders
Nearing the end of another year and another leg of the wonky real estate cycle that has been “the recovery,” now is, predictably, the time when speculation hits it greatest height. As our front page will attest, we are
Starter homes in the Houston area remain relatively affordable, but they are slipping out of reach for many consumers. That was the finding of a very interesting new study from Trulia, which assessed the status of starter homes in
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
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
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,
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
