Current Market Data

Alvin ISD Asks Residents for $1 Billion

In November, the residents of Alvin will go to the polls to decide whether to fund a bond package that would in turn fund a number of construction projects for the local independent school district. If it passes, the

Apartment Construction Drives Market in 2015

Without the surging apartment sector, where would new construction be in 2015? Housing starts in September were up 6.5 percent from August and 17.5 percent from Sept. 2014 to a seasonally adjusted annual rate of 1.026 million, which is the

BoA Survey: Millennials Confident, Yet Stressed About Money

According to the new Better Money Habits Millennial Report from Bank of America, while 84 percent of Millennials are self-reliant when it comes to managing their own finances, 41 percent are constantly stressed about money. Moreover, the report found that money stress

Builder Confidence Hits Highest Level in 10 Years

Builders are now more confident than at anytime since the housing boom Builder confidence in the market for newly constructed single-family homes rose three points in October to a level of 64 on the National Association of Home Builders/Wells

Houston Real Estate Professionals Are Earning More

The Business Journals, analyzing the latest Census Bureau data, has compiled a list of the most profitable U.S. cities for a wide range of professions, including loan officers and real estate agents. In Houston, 2014 salaries for loan officers

Houston Builder Regrets Not Entering Market Sooner

Houston has one of the most active construction industries in the nation. The market is led by top builders like Perry Homes, Taylor Morrison and Lennar Corp, but as demand remains constant amid climbing prices and persistently low inventory,

HAR: Houston Returns to Form in September

Coming off a relatively lackluster August, Houston returned to 2014, record-setting form, as both prices and sales experienced positive growth, according to a report from the Houston Association of Realtors. Total property sales jumped 2.2 percent year-over-year, from 7,848

62% of Americans Have Almost No Savings

Yet another study finds that a majority of Americans are on financially insecure footing Sixty-two percent of Americans have inadequate savings. That alarming statistic was the main finding of a Google Consumer Survey that GoBankingRates, a national website that

Houston Ranked a Top City for Job Seekers

Millennials looking for a new city should consider Houston. Why? Because it’s a good spot to make money, according to reports from marketing software company HubSpot and WalletHub. According to a forecast from the National Association of Colleges and

CoreLogic: Does Houston Have a Foreclosure Problem? No.

Recovery continues as foreclosure levels dropped yet again in August. National foreclosure inventory fell 25.2 percent year-over-year and completed foreclosures dropped 20.1 percent, according to a new report from CoreLogic. The latest decline in foreclosures is only the latest step

Houston Loses Throne As No. 1 Market

The Urban Land Institute released its 2016 Emerging Trends in Real Estate report and survey recently – the 36th edition of the institute’s trends and forecast report – providing analysis of the nation’s top real estate markets, and subsequently

Greater Houston’s Top Closings in September 2015

Click on the tabs below to see the top single-family, condo and multi-family closings in Greater Houston’s housing market in September Single Family Condo Multi-Family Single Family Sales Price Property Agent Office $4,300,000 Tilbury Drive, 5578, Houston Erik Heyne Martha Turner

9 Surprising Stats about the State of Housing in 2015

Housing has made considerable progress the last few years, but elements of the downturn still linger. Recently, there have been many promising developments in housing. New construction, for instance, is becoming more affordable, and new home sales are up

MBA: Mortgage Credit Availability Increases

Mortgages were slightly easier to attain in September, according to a new analysis by the Mortgage Bankers Association. The MBA’s Mortgage Credit Availability Index (MCAI), which tracks access to credit, rose 0.3 percent in September to 126.5; any increase in

MBA: Mortgage Applications Increase Dramatically

According to the new Mortgage Applications Survey from the Mortgage Bankers Association, mortgage applications increased 25.5 percent from the week prior. Refinancing activity increased by 24 percent, while purchase mortgages rose by 27 percent. Refinancing comprised 57.4 percent of all mortgage

Does Houston’s Cooling Rental Market Spell Good Things for Homeownership?

The rental market in Houston has been red-hot for some time now, but is it finally tapering off? And what would that mean for homeownership? The average rent in Chicago’s housing market is $886, and the area’s rental growth is among

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