Current Market Data

Texas Home Prices Rise in Latest Case-Shiller

Home prices were positive for the Texas housing market in May’s Case-Shiller Home prices in the Dallas housing market rose 0.9 percent from April to May, and 8.4 percent from May 2014, according to the latest Case-Shiller Home Price Indices from Standard &

New Home Sales Rise to Best Level Since 2008

The news for new home sales was much better than the Census Bureau’s report led on Sales of new homes in June were at a seasonally adjusted annual rate of 482,000, a 21.2 percent year-to-date increase from 2014 that

Houston’s Top Selling Suburbs in June

Houston’s suburbs posted strong sales in June June proved a remarkable month for sales in Houston’s suburbs, building on what has already been a strong year for the city and its outlying communities, data from Redfin confirmed. The volley for

Like-Kind Exchanges In Legislative Crosshairs

Lawmakers threaten to end like-kind exchange tax provisions, but some say the cost would be too great There’s a contingent of lawmakers and government officials lobbying to alter the face of like-kind exchanges, with some hoping to outright repeal the

CoreLogic: Houston Nears Pre-Crisis Cash Levels

CoreLogic released its April cash sales report today, and as has been the trend all year, cash sales declined year-over-year, bringing national levels closer to the pre-crisis baseline of around a 25 percent market share. In April, cash sales

5 Revealing New Construction Trends in 2015

According to Census Bureau calculations, June was one of the best months of new construction in some time…but the truth is more complicated Building permits rose 7.4 percent monthly and 30 percent year-over-year in June, according to the latest  construction

Foreign Homebuyers Discouraged by Strong Dollar

Throughout the first four months of 2015, home sales in the U.S. were the best they’ve been in eight years. Helped by a one-half percentage drop in fixed mortgage rates, home sales from January to April this year surpassed

CoreLogic: Texas Helps Set National Foreclosure Standard

CoreLogic May foreclosure report documents continued improvement in inventory and seriously delinquent mortgage rates Today, CoreLogic released its May 2015 National Foreclosure Report, which highlighted steep declines in completed foreclosures and foreclosure inventory, as well as the falling serious

Global Economic Turmoil Halts U.S. Mortgage Rate Increases

U.S. mortgage rates were increasing at steady clip in 2015 until global economic events intervened The economic turmoil in Greece and China could possibly benefit U.S. homebuyers. That cause and effect was the chief finding in Freddie Mac’s latest Primary Mortgage

CoreLogic: Houston Prices Surge in May

CoreLogic has released its May Home Price Index, revealing another month of positive gains. Marking 39 months of consecutive year-over-year gains, national home prices, both including and excluding distressed sales, increased 6.3 percent in May compared to the same

Big News for Houston Job Growth

Greater Houston Partnership cuts its jobs growth forecast in half In December 2014, after twelve months of prodigious growth, Houston found itself the envy of America, leading in several economic categories, chiefly housing. As a result, the Greater Houston

Houston Residential Construction Slowing in 2015

2015 shaping up to be a disappointing year for new construction in Houston Residential construction spending in the Houston area was down 22 percent year-over-year in May, and so far in 2015 is only 1 percent ahead of where it was last year. Those

Is Houston’s Rental Market Slowing Down?

How has Houston’s rental market developed in 2015’s second quarter? New data from Reis provides some perspective. Houston’s rental market has been one of the hottest in the nation, but new numbers from Reis on the second show show that trend may

5 Important Housing-Related Details from the New Jobs Report

What details in latest jobs report bear the most significance for housing? The nation’s unemployment rate fell from 5.5 to 5.3 percent in June, while the overall economy added 223,000 nonfarm payroll jobs, according to the Bureau of Labor

Distressed Sales Fall Considerably in Texas

Over the last year, distressed home sales have become far less prominent in Texas’ housing market Distressed sales throughout Texas comprised just 4.4 percent of all home sales in May, a marked drop from the 7.2 percent market share of a year ago,

Multifamily Construction Spending Leads Charge in 2015

Residential construction spending may be up in 2015, but some areas performing better than others Residential construction spending was at a seasonally adjusted annual rate of $359.5 billion in May, according to the latest data from the U.S. Census

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