Current Market Data
Foreclosures continued losing market share in July, as inventory declined 27.9 percent from the same time last year, with completed foreclosures dropping 24.4 percent, according to CoreLogic’s latest report. Foreclosure inventory represented 1.2 percent of all mortgaged homes in
Around the nation, the risk of natural disasters varies depending on a number of factors, including geographical makeup and location. In its 2015 U.S. Natural Disaster Housing Risk Report, RealtyTrac found that 35.8 million single-family homes and condos, or
Home prices were up again in July, according to a new report from CoreLogic. Year-over-year, home prices, including distressed sales, jumped 6.9 percent nationwide, while excluding distressed prices increased 6.7 percent. The price increases reflect an overall strengthening of
This year is shaping up to be a positive one for new construction in Houston. Residential construction spending in the Houston area was up 10 percent year-over-year in July, but so far in 2015 is only 3 percent ahead of where it was
In 2010, Tomball’s population within a three-mile radius was just above 18,818, according to the city’s website. By 2017, officials expect that number to move somewhere closer to 20,200 – assuming the annual rate of growth remains close to
Average fixed mortgage rates in the U.S. have fallen to their lowest levels since May of this year amid substantial and ongoing global volatility out of China, according to Freddie Mac’s Primary Mortgage Market Survey. The average 30-year fixed rate mortgage dropped
New research reveals 2015 has been a banner year for Houston real estate Home sales in the Houston housing market hit an eight-year high in the first half of 2015, according to the July 2015 U.S. Home Sales Report from RealtyTrac. From
On Aug. 24, after China sharply devalued its currency, U.S. oil benchmark West Texas Intermediate crude fell to $38.24 per barrel – its lowest point in six years. WTI inched its way back in the days following, but remains
The latest new home sales stats from the U.S. Census Bureau show many things are at work in the new construction marketplace According to the latest new construction report from the U.S. Census Bureau, new home sales in July
Home prices continue to rise nationally, but what about the local housing market? Home prices in the Dallas metro area rose 0.9 percent from May to June and 8.2 percent from June 2014, according to the new Case-Shiller Home Price Indices from Standard
Come November 4, residents from two Houston suburbs will decide whether to provide the funding necessary to move forward with a handful of major school construction projects. Last week, two bond proposals were approved by the boards of trustees representing
During the economic downturn, the real estate industry floundered and thousands lost their jobs. But improvements have been made, and the industry is healing, which means the money is returning. By 2016, more than two-thirds of residential real estate
National cash sales continued their descent in May, a new report released today from CoreLogic showed. For 29 months, all-cash buyers have been leaving the market, as marked by continual year-over-year decreases in market share. In May, cash sales
New development – especially in the single-family sector – has been very strong in 2015 Housing starts in 2015 are running at their highest level in eight years, according to the latest report from the U.S. Census Bureau. With 641,000 new housing starts so
The housing market has changed substantially in the last 40 years, and first-time homebuyers have changed with it Since the 1970s, the U.S. housing market has changed in numerous ways. The square footage of homes, for instance, has risen to all-time
Builder confidence in the market for newly built, single-family homes in August rose one point to a level of 61 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). That is the highest reading since November