Current Market Data

Home start gains projected into 2018

There aren’t enough homes, and that’s a problem in multiple markets. But it might not be for too much longer. “As most real estate professionals know, housing costs are still climbing,” National Association of Realtors Chief Economist Lawrence Yun wrote

Are McMansions finally going the way of the dinosaurs?

McMansions – the mass-produced, over-the-top, poorly appreciating eyesores that became the poster children of the housing bubble – seemed to be on the way out. Average and median home size had fallen considerably during the market downturn, as builders trimmed their ambitions

Where buyers are at the highest risk in Greater Houston

Harris county is at a very high risk for natural hazards, like tornadoes, hurricane storm surges and floods, and so is Galveston, a report from ATTOM Data Solutions confirmed. Brazoria County is at a high risk – Liberty and

Greater Houston is mostly affordable

One of the central appeals of Houston as a destination city, apart from its energy and healthcare sectors, has been its persistent affordability, even through major growth. For the most part, the city still has that – but in areas

10 Houston school districts on the rise in 2016

The Services-Ninos Charter School district is the most improved school district in the Houston area, according to a new analysis from Trulia. In a partnership with SchoolDigger.com, Trulia analyzed test scores from the past five years to find which local school

Why Houston is one of the best markets for first-time buyers

Houston is one of the best cities in the nation for first-time homebuyers, and the best city in Texas overall, according to a new report from SmartAsset. “Houston has more HUD-approved mortgage lenders than any other U.S. city, with

Houston new construction is falling in 2016

The Houston new construction market continued its disappointing 2016 performance in July, according to new numbers from Dodge Data & Analytics. In July, Houston saw more than $719 million in total residential construction spending, a pronounced 27 percent decline from July 2015;

Trump on housing: ‘A home builder taught me everything I know’

Donald Trump spoke to the National Association of Home Builders this month, and it turned out to be one of the most important speeches of his campaign: it was about housing. He reminisced about what it was like growing

4 things to know about multigenerational households

Multigenerational households – those that include two or more adult generations, or grandparent and grandchildren – are at an all-time high in the U.S., according to a new Pew Research Center analysis. Based on census data through 2014, Pew

AARP releases new tool to help Houston agents serve older clients

What do seniors look for in a neighborhood? It’s a smart question for real estate agents to ask, considering the rapid growth of the country’s 65-and-older population. In 2014, 46.2 million people in the U.S. were at least 65

To sell or remodel: Homeowners choose…

In June, the nation’s housing inventory fell. It’s now at a 4.6-months supply. It’s a trend defining several metropolitan markets throughout the country. A report from John Burns Real Estate Consulting recently explained, at least in part, what may

The state of homeownership in Houston

The homeownership rate is a tabulation of households that are owners; and in Houston, the share of people who own their homes is lower than it was in 2007 – significantly lower. A report from Apartment Listing put Houston’s current

Here’s how much average closing costs are in Texas

Average closing costs in Texas are among the highest in the nation, a new report from Bankrate confirmed. The implementation of TRID, and its new closing disclosure form, has helped reduce confusion around what closing costs actually entail. But

Four things we learned about Houston’s market in Q2

Houston was the national leader in new home construction until it lost that title to Dallas in the first quarter of 2016. A recent report from MetroStudy confirmed it maintained its No. 2 ranking in Q2. Home starts were

What’s the final word on student debt and housing? It’s complicated.

The statistics are hardly encouraging: student debt has more than tripled in the last 10 years; its serious delinquency rate is higher than any other form of debt, including mortgages and credit cards; it now totals $1.37 trillion, and

Houston home sales lose ground in July

Home sales in the Greater Houston area took a spill in July, falling 8.6 percent year-over-year, according to the latest analysis from the Houston Association of Realtors (HAR). Totaling 8,571, Houston home sales were down for the first time