Current Market Data
Click on the tabs below to see the top single-family, condo and multifamily closings in Greater Houston’s housing market in February. Single Family Condo Multifamily Single Family Sales Price Address Agent Brokerage $11,250,000 527 Buckingham Dr., Houston Timothy Shanahan Martha
In the first quarter of 2016, nearly every county in Greater Houston – Harris, Montgomery, Brazoria, Galveston – boasted a residential housing market more affordable than “historically normal levels,” confirmed RealtyTrac’s latest Home Affordability Index. The sole outlier was
In 2015, cash sales made up 33.9 percent of all residential real estate transactions, according to a new report from CoreLogic. That’s the lowest level since 2008. About midway through 2007, when the crash was becoming too apparent to
NAREB seeks to address barriers on both the borrowing and lending side of homeownership The National Association of Real Estate Brokers (NAREB) plans to launch a nationwide wealth building and homeownership initiative focused on African Americans. The initiative has a goal
In mid January, a small cadre of consultants from research group John Burns Real Estate Consulting attended the National Multifamily Housing Conference, looking for evidence of future trends in housing. They found one, and it involves the possible decline of
New research reaffirms how important Hispanic consumers are for the future of housing in America The numbers speak for themselves: in 2015, the number of Hispanic-owner households saw a net increase of 245,000, accounting for 69 percent of the total
Homebuyers are shoppers like any other, which means that certain words appeal to them more than others: “deal,” “affordable”… and “bargain.” But not every sale is a deal; not every home is affordable; and according to a report from
Homeowners in Texas pay higher property taxes than most other places in the U.S, according to a report from WalletHub. But they may be paying too much. Texans’ property taxes are 1.93 percent; the 47th highest in the country. There
A strong dollar and rising home prices leave foreign investors cold on buying in the U.S. The post-boom U.S. housing market has benefitted immensely from foreign consumer demand. According to the National Association of Realtors, foreign homebuyers accounted for 209,000
New, or used? Detached, or townhome? Environmentally friendly? Close to work? Near shopping centers and entertainment venues? The number of options available to homebuyers in our real estate market is limitless, and NAR’s latest Home Buyer and Seller Generational
The debate over TRID’s true impact on mortgage markets is ongoing, but according to a new survey from the American Bankers Association, lenders are still grappling with longer processing times and delays in mortgage closings, which many are attributing
Home value sees noticeable changes near stores of certain persuasions Homeowners living near a Target have experienced better home value appreciation since their purchase than homeowners near a Walmart, but also pay higher property taxes, according to a RealtyTrac
Why do consumers buy homes, nowadays? There are many reasons that someone may want to purchase a home, but among America’s homebuying public, which reasons are the most common? According to the new Home Buyer and Seller Generational Trends
Modern homes favor efficiency and space Just as the average American homebuyer has changed over the years, so too has the average American home. According to a new analysis from the National Association of Realtors, new homes are characterized
Homeowner equity made big year-over-year gains in the fourth quarter of 2015, according to a new analysis from CoreLogic, which found borrower equity increased by $682 billion, or 11.5 percent – to put it into perspective, that’s more than
Non-homeowners are plagued by a lack of credit, money and knowledge First-time homebuyers have been absent from the current market ever since the housing downturn, choosing instead alternative housing solutions such as renting and living with parents or in-laws.
