Current Market Data

Investor Interest Surges in First Quarter Flipping Report

A new report from RealtyTrac confirms investors are gaining traction in the flipping market. But is there enough inventory to go around? Single-family home flips were up in 2015’s first quarter, according to a RealtyTrac U.S. Home Flipping Report.

April’s Jobs Report: Unemployment, Construction and Wages

While unemployment continued declining in the new jobs report, slow wage growth points to an overall tighter labor market. The Labor Department released its April jobs report today and the response has been somewhat neutral, as limited gains tell

The 4 Reasons Why Housing Inventory is So Low

We keep hearing how low inventory is in today’s housing market, but why is that the case? The National Association of Realtors’ existing-home sales report for March was an altogether positive take on housing, with sales rising 6.1 percent

3 Shocking Ways That Inequality is Harming Housing

A new Zillow analysis shows in stark terms just how damaging inequality is for housing’s future. Call it “The Great Housing Divide.” Although homeownership – on the strength of record-low mortgage rates – remains incredibly affordable, rising levels of

CoreLogic: Houston Tops Nation to Reach Premier Status

March represents another month of home price appreciation, according to CoreLogic. CoreLogic released its March Home Price Index (HPI) today, and the findings reflected a continued strengthening of prices nationwide. Including distressed sales, national home prices rose 5.9 percent in

Builder Confidence: Optimism or Ignorance?

Houston is a hot market, but it’s struggling with persistently low inventory and the damaging effects of oil price drops. So why are builders so confident? There is a schism happening in Houston real estate, and oil is the

Non-Homeowners Show No Signs of Jumping on Buying Bandwagon

We keep hearing that many consumers are ready to enter the homebuying fray, but new analysis casts doubt on that sentiment. Fewer and fewer Americans are planning on purchasing a home, according to a new survey from Gallup. Gallup’s

Houston New Construction Strong as Ever in 2015

This year is shaping up to be another strong one for new construction in Houston. After several years of prominence, it seems that Houston’s new construction marketplace is poised for another strong year in 2015. According to the latest analysis from Dodge

A Crude Silver Lining

Arch MI finds Houston in danger of its home prices falling over the next two years, but that may just be what the city needs. The price of crude is rallying, with West Texas Intermediate climbing 3 percent Wednesday

Americans See Real Estate as Best Long-Term Investment

Housing may have taken a beating during the downturn, but its reputation has recovered marvelously in the public’s eye. Americans consider real estate as their best long-term investment, according to a new survey by Gallup. That’s the second year

CoreLogic: A Full Housing Recovery By 2017?

A new CoreLogic report shows that falling REO numbers are helping bolster home sales and reduce distressed sales. Distressed sales, including real estate-owned and short sales, continued tumbling in February, falling 0.8 percentage points from January and 3 percentage points

NAR: Pending Home Sales Hit 7 Month Stride

NAR’s report showed improvement in pending home sales, but also an increase in the share of traditional buyers compared to investors. Spring is in full bloom, bringing with it a wave of antsy buyers who are ready to make

No, Renters are Not Buying Homes Anytime Soon

All the evidence suggests that renters are not rushing to the homebuying sphere. It would seem to be a perfect environment for homebuying. Not only are rents rising by considerable amounts, but relative to the costs of homebuying, it currently

Texas Home Prices Prove That Slow & Steady Wins in Case-Shiller

How are home prices looking, as the spring market gears up for action? Home prices in the Lone Star State area proved the adage that “slow and steady wins the race” in the latest Case-Shiller Home Price Indices from Standard &

Agent Safety: Half of Brokerages Failing

A new study from NAR shows more than 50 percent of brokerages are failing their agents in terms of providing proactive safety procedures. On Sept. 31, 2014, after an exhaustive search, Little Rock, Ark. police found the body of

$10 Trillion Up for Grabs in North American Luxury

A profile of the ultra rich from around the world reveal some interesting facts about luxury real estate buyers. Luxury is a butterfly concept, fluttering about the industry with a thousand hands trying to grab hold. But the idea of luxury

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