Current Market Data
CoreLogic’s April Foreclosure Report revealed another month of positive stats…for most markets Since late 2008, when the walls of the world’s economy started to tumble, approximately 5.7 million foreclosures have been completed in the U.S., and even more if
Down payment trends may hint at first time homebuyer confidence The average down payment for single-family homes, condos and townhomes was down to 14.8 percent of the purchase price for Q1 2015, the lowest number since Q1 2012, according
Houston’s strong luxury housing market is showing now signs of slowing down Sales prices for Houston’s luxury housing market are leading the charge this year, according to a new Redfin analysis of the nation’s luxury markets. Redfin’s study analyzed the top 5 percent of
Latest jobs report features interesting implications for housing May was a positive month for the U.S. labor market, with the economy adding 280,000 jobs and the unemployment rate holding steady at 5.5 percent, according to the latest analysis from
New development promises multifamily units amid multifamily construction slump In a recent report from the Atlanta-based CMD Group, researchers revealed a startling drop in multifamily construction starts in Houston throughout 2015’s first quarter. From a year prior, new apartment
New study from CoreLogic reveals how prices are changing around the country Marking more than three years of consecutive year-over-year growth, home prices nationwide, including distressed sales, pushed forward another 6.8 percent in April, according to a new report
This year proving to be surprisingly nuanced for Houston new construction Residential construction spending in the Houston area totaled $791 million in April, a stark 24 percent decrease over the $1.038 billion of April 2014, according to the latest report from Dodge Data &
The Hispanic demographic struggles to recover from housing crash, but could become a big shaker in future markets Between now and 2020, roughly four out of every 10 new households in the U.S. will be headed by someone of
Considering median days on market and inventory, Houston Agent counts down the city’s most competitive suburban markets Recently, Houston Agent counted down Houston’s hottest selling suburbs (Katy being No. 1), and while those stats reflect sales volume, for full context,
Last month’s new home sales appear hugely positive, but is there a hidden truth behind the numbers? On the surface, it would appear to be a wholly positive development for housing – sales of newly built single-family homes, according to
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