Current Market Data
Breaking down the many barriers to credit erected in the wake of the mortgage crisis has been a slow process. Credit issues have kept older homeowners from selling and younger renters from buying. But according to Fannie Mae’s Q1 Mortgage Lender Sentiment
This year is shaping up to be a lackluster one for residential construction in Houston, according to the latest numbers from Dodge Data & Analytics. In February, residential construction spending in Houston totaled $751 million. Though still among the highest
The consumer equation is messy – expectations are up, attitudes towards the current market are down, and overall, confidence is on the rise, according to The Conference Board’s March Consumer Confidence Index. Using 1985 as the index’s baseline, where
Urban buyers today would have hated the 1950s. In the Urban Land Institute’s “America in 2015” report, a survey of U.S. residents found that approximately half considered “walkability” a top or high priority when determining where to live. But
Construction employment was up across the nation in the early months of 2016, according to the Associated General Contractors of America – a good sign for the industry , which currently suffers from labor and inventory shortages. So, if you
Houston earns high ranks for job market, happiness Houston was ranked the 17th best place to live in the nation in a new ranking by U.S. News. Houston ranked highly for its strong job market, as well as its low
Home values in the Houston area have reached an all-time high, according to a new analysis from Zillow. Through February, home prices in Houston were $170,800, according to the Zillow Real Estate Market Reports. That is up 6.6 percent from a year
It’s getting harder for first-time homebuyers to find suitable starter homes The Houston housing market has become an increasingly precarious place for first-time homebuyers, according to a detailed new report from Trulia. In a deep analysis of the nation’s housing
Click on the tabs below to see the top single-family, condo and multifamily closings in Greater Houston’s housing market in February. Single Family Condo Multifamily Single Family Sales Price Address Agent Brokerage $11,250,000 527 Buckingham Dr., Houston Timothy Shanahan Martha
In the first quarter of 2016, nearly every county in Greater Houston – Harris, Montgomery, Brazoria, Galveston – boasted a residential housing market more affordable than “historically normal levels,” confirmed RealtyTrac’s latest Home Affordability Index. The sole outlier was
In 2015, cash sales made up 33.9 percent of all residential real estate transactions, according to a new report from CoreLogic. That’s the lowest level since 2008. About midway through 2007, when the crash was becoming too apparent to
NAREB seeks to address barriers on both the borrowing and lending side of homeownership The National Association of Real Estate Brokers (NAREB) plans to launch a nationwide wealth building and homeownership initiative focused on African Americans. The initiative has a goal
In mid January, a small cadre of consultants from research group John Burns Real Estate Consulting attended the National Multifamily Housing Conference, looking for evidence of future trends in housing. They found one, and it involves the possible decline of
New research reaffirms how important Hispanic consumers are for the future of housing in America The numbers speak for themselves: in 2015, the number of Hispanic-owner households saw a net increase of 245,000, accounting for 69 percent of the total
Homebuyers are shoppers like any other, which means that certain words appeal to them more than others: “deal,” “affordable”… and “bargain.” But not every sale is a deal; not every home is affordable; and according to a report from
Homeowners in Texas pay higher property taxes than most other places in the U.S, according to a report from WalletHub. But they may be paying too much. Texans’ property taxes are 1.93 percent; the 47th highest in the country. There