Current Market Data

CoreLogic: Is Houston “Normal” Yet?

From Jan. 2013 to Oct. 2015, year-over-year decreases in the share of total home sales occurring in all cash have averaged 2.7 percentage points. However, in Nov. 2015 (the latest available data) the pace of decline slowed to 0.7

The 4 Challenges First-Time Buyers Face in 2016

The housing market is improving, but first-time homebuyers still face challenges First-time homebuyers have dropped to their lowest share since 1987, and based on numerous reports and analyses by news organizations and industry groups, there are a number of barriers

Texas’ Best University Gives Home Prices A Huge Boost in Houston

Texas is home to a number of celebrated colleges and universities, but among the state schools, none is better than Houston’s very own Rice University, according to a new ranking from Forbes; and property values seem to have benefitted

Despite Adversity, Millennials Optimistic on Housing

Thanks to stagnant incomes, Millennials are still missing from the housing market Two million households headed by 25-to-34-year-olds are missing from the current housing market, according to new National Association of Homebuilders research. The NAHB arrived at that number

The 3 Things You Need to Know About 2016’s Tricky New Construction Market

New home sales were down in January, but that’s not the whole story Sales of new single-family homes declined in January, falling 9.2 percent from December and 5.2 percent from Jan. 2015 to a seasonally adjusted annual rate of 494,000,

Why A Majority of Homeowners “Underestimate” Their Home’s Value

There are more than 49 million homeowners in the U.S. with a mortgage, and approximately half (46 percent) expect their equity to increase in 2016, according to research from loanDepot. That’s another way of saying seller confidence is on

Niche Names Houston Area’s Top Private High Schools

In January, Niche, a website that ranks and reviews schools at every level of education, gave us the top high schools with the best teachers. This month, it’s the best private high schools. In its 2016 Best Private High Schools

Study: Decline in Undocumented Workers Could Raise Housing Costs

Fewer undocumented immigrants may lead to higher costs A decline in undocumented immigrants may be causing construction costs – and by proxy, home prices – to rise, according to the Zillow Home Price Expectations Survey. The survey asked 100

Houston Suburb Named Among Nation’s Safest

Though crime can be found in all major cities, the severity and frequency of it vary greatly from metro to metro, as two new reports from real estate analytics provider NeighborhoodScout recently pointed out. Annually pulling data from upwards of 18,000

These 3 Concerns Continue to Haunt Sellers

An uncertain economy and low inventory are bringing out conservative tendencies in sellers Home sellers may dial back prices a bit due to concerns over the economy, the low inventory and buyers being more selective in their home purchases, according to a new Redfin

Will Houston Incomes Rise to Meet New Home Prices?

The middle class is more and more discovering it can no longer afford new homes. But the residential market isn’t correcting itself to accommodate them, a new report from John Burns Real Estate consulting suggested. Instead, the future of

How Long Until Houston Homebuyers Break Even on Their Purchase?

Homebuyers in Houston break even on their homes sooner than expected It takes just a year and a half for homebuying to make more financial sense than renting in Houston’s housing market, according to a recent analysis from Zillow. The “Breakeven

Cheaper Oil, Cheaper Mortgage Rates – A Buying Opportunity

There are a lot of cities in the U.S. – Houston, New Orleans – that have felt the sting of falling crude values (“sting” being a cozy euphemism for economic haymaker). But the news isn’t all bad. Take, for instance, mortgage

3 Positive Employment Trends For Housing

The latest jobs report shows some silver linings for employment Last week, the Labor Department released its monthly jobs report with mostly positive news: unemployment fell below 5 percent in January, suggesting that even with the weak global economy and decreasing confidence

Greater Houston’s Top Closings in Jan. 2016

Click on the tabs below to see the top single-family, condo and multifamily closings in Greater Houston’s housing market in January. Single Family Condo Multifamily Single Family Sales Price Address Agent Brokerage $7,000,000 15 Grand Regency Cir, The Woodlands Beth

Houston’s Housing Market Bounces Back in January

Has Houston’s housing market regrouped for 2016? After a weak December, Houston’s housing market regrouped somewhat in January, with home sales and prices remaining consistent with where they were a year ago. According to the latest report from the Houston

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