Current Market Data

Student Debt Delaying 30% of Millennial Home Purchases

Student debt remains the leading roadblock to Millennial homeownership Fifty-six percent of people between 18 and 29 have put off a major life event because of student loan debt, according to a survey released by Bankrate.com. That is higher than

Houston Sales Volume Hits Highest Point Ever

In 2014, Houston homes prices and sales set records as the market continued showing signs of strength despite concerns regarding oil prices. In July, and for the second consecutive month, sales and prices surpassed that record-breaking pace, according to

Greater Houston’s Top Closings in July 2015

Click on the tabs below to see the top single-family, condo and townhome closings in Greater Houston’s housing market in July Single Family Condo Townhome Single Family Sales Price Property Agent Office $5,975,000 3980 Inverness, Houston Graciela Medellin Martha

CoreLogic: Houston Sets National Foreclosure Standard

Today, CoreLogic released its June 2015 National Foreclosure Report, and the big reveal was foreclosures are still dropping – so not much of a surprise. For another month, national foreclosures fell, with inventory dropping 28.9 percent year-over-year from a

10 Houston Area School Districts with the Highest Graduation Rates

The Hechinger Report recently released the graduation rates for nearly every school district in the U.S. The data, which draws from the 2013 graduating class, broke down the numbers past the typical statewide average. We took a closer look

Reading the Tea Leaves: What the Economy Can Tell Us About the Future of Building

Homebuilding is in a state of flux across the nation. With growing barriers in lending and land availability forcing traditionally entry-level homebuilders into the upper ends of the market, it is unclear what the future of the industry and

CoreLogic: Houston’s Distressed Sales Fall Below National Levels

CoreLogic’s May distressed sales report shows lowest levels since 2007 CoreLogic recently released a new report detailing the state of the distressed sales market in the U.S. for May, and for another month, both real-estate owned (REO) and short

Why Houston Renters are Not Buying Homes

Rising rents, new research shows, are not an incentive to buy a house Renters in the Houston metro area are spending substantially more money on their monthly rent than is historically the case. That was the finding of a new

Major Google Air Quality Partnership May Soon Influence Home Pricing Decisions

Technology has drastically improved the efficacy of searching for the right home. Prior to enlisting the services of an agent, buyers, who in all likelihood have a pre-established criterion for their ideal neighborhood and home, are scoping out concerns

Houston’s Construction Market Drops From No. 1

Twelve months ago, residential construction in Houston was booming. Since 2009, the city has been widely recognized as the nation’s busiest metro market for home construction. However, after a 50 percent dip in oil prices, the city has slipped from

Home Prices May Surge Around New Katy Park

More green is coming to Katy, as the Willowfork Drainage District moves forward with Phase II of it parks master plan. Situated west of Grand Parkway and north of Cinco Ranch High School, the drainage district, in coordination with

Houston New Construction Slowing in 2015

Building in the Bayou City Stepping Back Residential construction spending in the Houston area was down 10 percent year-over-year in June, and so far in 2015 is only 1 percent ahead of where it was last year. Those encouraging stats came courtesy

Houston Ranked Low on Apartment List Satisfaction Survey

Houston was ranked on No. 84 out of 100 on Apartment List’s Renter Satisfaction Survey, released early this month. The survey, which polled over 18,000 renters, asked renters to rate their city based on a series of factors. Houston,

Real Estate Loses Big Investors, Gains Confidence

Institutional investors leaving real estate, but Americans still confident housing is a good investment In the immediate wake of the economic downturn, the housing market took a plunge that was devastating for homeowners but ideal for the opportunistic. In the years

Pending Home Sales Fall, Suggesting Market Slowdown

Contract signings declined for the first time in 2015, according to new research Pending home sales declined 1.8 percent from May to June, according to new analysis from the National Association of Realtors. Although the Pending Home Sales Index,

Houston’s Most Competitive Suburbs in June

Summer demand is starting in Houston’s suburbs Last week, we used data from Redfin to identify Houston’s top selling suburbs, and Katy and Spring topped the list. In a follow-up, and with additional Redfin data, we examined inventory and

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