Current Market Data
Houston’s market is heading towards a fork, where one direction means stability and the other a bubble. After a relatively disappointing February in which sales volume declined, Houston home sales are again in the green, with single-family purchases rising
New economic research suggests a very good reason for why the housing recovery has been so tepid. Interest rates remain at historic lows. Rising rents have rendered mortgages as much as 50 percent cheaper in some spots in the country.
Moderate home price gains in February suggest the market may be stabilizing. Home prices continued their strong ascent in February, according to CoreLogic’s newest Home Price Index. Including distressed sales, home prices climbed 5.6 percent from the same time
Did job growth slow in March, or continue on its strong, steady path? The Labor Department announced earlier today that the U.S. economy added 126,000 jobs in March, which not only ends a 12-month streak of 200,000-plus jobs added,
It’s been common knowledge that Houston’s rental market is a relative steal, but is that still the case? For some time now, Houston’s rental narrative has been one of remarkable consistency. Compared to other big cities, the narrative has gone, Houston’s rents are downright
A new study from Logwood University attempts explains the relationship between an agent’s effort and the property’s location. A new study from Logwood University in Farmville, Va. is emphasizing the importance location plays in the home selling process, but not
Multifamily developments are leaving Houston, but their departure could open the door for something else: more single-family homes. Rising oil prices are still down relative to trends spanning the last half-decade despite 12 consecutive weeks of U.S crude inventory growth.
Could sky-high rents be the final push Millennials need to buy a house? Record-low home prices and historically low mortgage rates have not been enough to entice Millennials to buy homes, but now analysts have struck on another economic
Home prices in Texas are growing, and at a rapid rate. Texas home prices posted soaring numbers in the latest Case-Shiller Home Price Indices, which looked at data from Dec. 2014 to Jan. 2015. From December to January, Dallas prices were up 0.4
A new survey from Redfin shows a shift in how consumers are approaching the agent selection process. It’s a new world in the wake of the financial crisis, a new survey from Redfin shows, one where tethers to quality have
Pending home sales are at their highest mark in nearly two years, and all because of one thing. Pending home sales in February rose to their highest mark since June 2013, according to the latest Pending Home Sales Index
Housing affordability is a major problem, and new research has added an additional wrinkle to the crisis. Housing affordability (especially in the new home market) may be worsening nationwide, but it has nothing on the affordability squeeze facing renters
What was the deal with our local new construction marketplace last month? February proved a storming month for residential new construction in the Houston area, according to new numbers from Dodge Data & Analytics. For the month, residential construction in Houston totaled
We all know that the economy has improved in recent years, but we also know (and with similar levels of confidence) that there remain considerable hurdles for many Americans in today’s economy. Take a look through our informative graphic
A study from NerdWallet aims to help Millennials and families streamline their home searches in Houston. Houston’s diversity is one of its most attractive selling points, but also something of a hindrance when it comes time for families and
Everyone should be concerned about rising levels of inequality – especially residential real estate professionals. The Brookings Institution just updated its data metrics on inequality in the U.S.’ largest metro areas, and the results are – to put it