Current Market Data

HAR Reports Price: “Highest Figure Ever for a February”

Houston’s real estate market continued show signs of improving demand in February, as overall sales took a 2 percent hop over Feb. 2015 numbers, according to a new report from the Houston Association of Realtors. “So far in 2016,

Survey: TRID Impacting 75 Percent of Loan Closings

New regulations are delaying a high amount of loans, new research finds More than 75 percent of banks say TRID compliance is delaying loan closings between one and 20 days, according to a survey by the American Bankers Association. The reasons

Houston New Construction Begins 2016 in Negative Territory

The residential construction community in Houston kicked off 2016 in a lackluster fashion, with overall spending falling from a year ago, according to the latest numbers from Dodge Data & Analytics. Per Dodge Data’s analysis, residential construction spending in Houston totaled $690.94 million

The 4 Reasons to Expect a Strong Spring Housing Market

A strong economy and beneficial market conditions will boost housing in the spring The National Association of Realtors has always tried to keep a positive perspective when looking towards the future, and the latest report from Realtor Mag, which anticipated a

This is Why Millennials are Buying in Urban Areas

Millennials looking for more in their surroundings Much has been written about the newfound demand for urban, walkable environments, and a new study from CityLab has zeroed in on the causes behind that demand. According to CityLab’s research, the

The 10 Things Clients ‘Must Have’ in New Construction Homes

Baby Boomers are famous for their embrace of suburbs, and new research suggests that their love for the housing style remains fervent as ever. According to new research from the National Association of Home Builders (NAHB), 22 percent of

Is January’s Price Bump a New Direction for Houston?

The pace of home price appreciation in Houston rose substantially (i.e. more than 0.25 percent) month-over-month in January for the first time since 2014, according to a report from CoreLogic, which begs the question: has the city overcome the

The Best Time of the Year to List a Home in Houston

When is the best time to list your client’s home? The answer may surprise you The best time to list a home in Houston’s housing market is between June 1 and June 15, according to a new analysis from Zillow. Listing homes

CoreLogic: Is Houston “Normal” Yet?

From Jan. 2013 to Oct. 2015, year-over-year decreases in the share of total home sales occurring in all cash have averaged 2.7 percentage points. However, in Nov. 2015 (the latest available data) the pace of decline slowed to 0.7

The 4 Challenges First-Time Buyers Face in 2016

The housing market is improving, but first-time homebuyers still face challenges First-time homebuyers have dropped to their lowest share since 1987, and based on numerous reports and analyses by news organizations and industry groups, there are a number of barriers

Texas’ Best University Gives Home Prices A Huge Boost in Houston

Texas is home to a number of celebrated colleges and universities, but among the state schools, none is better than Houston’s very own Rice University, according to a new ranking from Forbes; and property values seem to have benefitted

Despite Adversity, Millennials Optimistic on Housing

Thanks to stagnant incomes, Millennials are still missing from the housing market Two million households headed by 25-to-34-year-olds are missing from the current housing market, according to new National Association of Homebuilders research. The NAHB arrived at that number

The 3 Things You Need to Know About 2016’s Tricky New Construction Market

New home sales were down in January, but that’s not the whole story Sales of new single-family homes declined in January, falling 9.2 percent from December and 5.2 percent from Jan. 2015 to a seasonally adjusted annual rate of 494,000,

Why A Majority of Homeowners “Underestimate” Their Home’s Value

There are more than 49 million homeowners in the U.S. with a mortgage, and approximately half (46 percent) expect their equity to increase in 2016, according to research from loanDepot. That’s another way of saying seller confidence is on

Niche Names Houston Area’s Top Private High Schools

In January, Niche, a website that ranks and reviews schools at every level of education, gave us the top high schools with the best teachers. This month, it’s the best private high schools. In its 2016 Best Private High Schools

Study: Decline in Undocumented Workers Could Raise Housing Costs

Fewer undocumented immigrants may lead to higher costs A decline in undocumented immigrants may be causing construction costs – and by proxy, home prices – to rise, according to the Zillow Home Price Expectations Survey. The survey asked 100

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