Current Market Data
Home prices in Texas were strong as ever in the latest Case-Shiller report Home prices in the Lone Star State remained strong in March, with prices in the Dallas area rising 1.8 percent from February to March and 9.3 percent from March 2014,
Federal Aviation Administration approves 400-plus commercial drone exemptions As of late May 2015, the Federal Aviation Administration had granted 434 section 333 exemption petitions, which allow for the commercial use of unmanned aerial vehicles, or drones, and among them,
States have tried to keep price appreciation in check, but some markets have stepped into overvalued territory Since 2007, when the economic downturn that sent the nation’s housing market into a smoking tailspin began, lawmakers and industry influencers have
New Freddie Mac research casts doubts on notion that rising rents push consumers toward homeownership It has been a common narrative in the post-boom housing market that rising rents would eventually push more consumers toward homeownership, but new research
RealtyTrac foreclosure report showed increased activity In a market still reeling from an onslaught of foreclosures dating back early a half-decade, any news of foreclosures that approaches negative is likely to put the industry on edge, which is why RealtyTrac’s
NAR documents 6 percent jump in existing-home sales Market indicators have detailed a continual progression towards normalcy since early 2014, but a hiccup in April’s existing-home sales could mark yet another slow down in the pace of progress, according
Houston’s top-selling suburbs for April 2015. The floundering oil market and resulting layoffs pose unique problems for big energy economies, like Houston, but in recent months, and in fact years, the Bayou City has emerged as one of the
After a strong series of months, builder confidence has been a bit bumpy thus far in 2015 Builder confidence has been one of the unqualified success stories of the housing recovery, but weak economic fundamentals could hamper its progress.
April new construction numbers excellent, but stats could be misleading On the surface, April was a fabulously positive month for new construction. Not only did housing starts jump 20.2 percent from March (the second largest jump ever recorded), but their
A study from ULI found that while most people are happy with their living arrangements, many are lacking in some fundamental amenities, like healthy food Real estate supports a wide spectrum of standards, encompassing a plethora of lifestyles and preferences
Significant challenges remain on the homebuilding front, according to new NAHB research “Booming” is a word that has been associated with Houston’s housing market for some time, and no other adjective is more appropriate for the market’s new construction sector, where
Looser lending standards may not be the panacea for housing’s sideways growth For years, housing professionals have been holding their breath for looser lending standards to ride in and boost the market into a new era of prosperity, but
Houston home prices and inventory were up in April, but the city still faces significant hurdles from oil price drops The Houston Association of Realtors released its newest home sales report today, May 13, outlining the city’s continued growth
Despite an influx of investors to the market, cash sales continue to dwindle throughout the nation. It is a new market for traditional buyers, despite a recent report of surging investor activity, as once again cash sales fell in
A new report from CoreLogic shows foreclosures are falling across the nation, mostly The nation’s foreclosure inventory is in decline, falling 25.7 percent year-over-year in March, which represents a continued effort to regain the market normalcy enjoyed in pre-crisis
A new study uses homeownership rate to rank the best and worst presidents for housing…but it’s a bit more complicated than that. In early May, economist Roger Thomas of ValueWalk.com released an analysis (of sorts) on homeownership rates from