Current Market Data

Greater Houston’s Top Closings in December 2015

Click on the tabs below to see the top single-family, condo and multifamily closings in Greater Houston’s housing market in December. Single Family Condo Multifamily Single Family Sales Price Property Agent Office $6,000,000 4000 Willowick Rd., Houston Laura Sweeney John

Why are Fewer Single Women Buying Homes?

Why has homebuying among single female consumers declined in recent years? During the mid and late stages of the housing boom, one of the more commonly reported success stories was that of the single female homebuyer. As tracked by

Houston Leads in Master-Planned Community Sales

Every year John Burns Real Estate Consulting ranks the top 50 master-planned communities (MPCs) in the U.S. by net sales, and every year no state is better represented than Texas. It was no different in 2015, with the state

Houston Still Attracting New Residents Despite Market Slowdown

It was a not-so-stellar year for Texas and its biggest metro, Houston, in 2015 – a fact only made worst by the hallmark, record-breaking year that preceded it. But despite the woes brought on by labor shortages and the

U.S. Job Growth Exceeds Expectations

The 2015 job market finished out the year on a high note The economy added 292,000 jobs in December, while the unemployment rate held steady at 5.0 percent, according to the latest report from the Bureau of Labor Statistics.

3 Real Estate Trends That Will Not Change in 2016

Some Americans think 2016 will offer more of the same for housing Earlier this week, we reported on a new realtor.com study, which featured a largely positive list of trends that will change heading into 2016. Trulia published their own survey of

Houston’s Rental Market Shows No Signs of Slowing in 2016

How did the local rent markets close out the year? The Houston rental market finished 2015 on active terrain, according to new analysis from Reis. For the 12-month period ending in December, Houston rents rose 4.5 percent, slightly slower than the 4.6 percent

Houston Gets Another Warning About Future Home Price Declines

Over the next two years, home price declines on a national scale are unlikely, according to the Arch Mortgage Insurance Company (Arch MI) Winter 2016 Housing and Mortgage Market Review, which places the likelihood of widespread declines at 6

Green Features Remain Important to Homebuyers

“Green” and energy-efficient features remain important to homebuyers, though some options are more sought-after than others. That finding came courtesy of NAR’s 2015 Profile of Home Buyers and Sellers, and to parse through the results, we put together the

CoreLogic: Houston Home Price Slowdown a Good Thing

Since 2014, home prices have been in what CoreLogic Chief Economist Frank Nothaft recently described as a “sweet spot,” consecutively rising between 5 and 6 percent for 15 months. According to the research group’s newest report, home prices rose

Tight Inventories Push Down Pending Home Sales

Pending home sales in November declined for the third time in four months as buyers continue to battle both rising home prices and limited homes available for sale, according to the National Association of Realtors. The Pending Home Sales

Houston New Construction on Pace for Lukewarm Year

The latest analysis from Dodge Data provided an encouraging assessment of new construction in Houston According to the latest numbers from Dodge Data & Analytics, residential construction spending in the Houston housing market totaled $647 million in November. That total is 14

Home Prices Stand Out In Texas

Home prices in Texas continued strengthening in October, as Dallas prices jumped 9.3 percent year-over-year, and 0.4 percent from September, according to the new Case-Shiller Home Price Indices from Standard & Poor’s. Although the Case-Shiller does not track Houston

Houston Housing Economist Expects Rocky 2016

2014 was a marquee year for Houston’s residential real estate market, with record-setting home sales and home prices. It has been a tough act to follow in 2015, a year that saw falling oil prices, growing obstacles for affordability

Homeownership Out of Reach for Many Houston Renters

Stagnant wages and high rents combine to push homeownership out of reach for thousands of Houston residents More than 625,000 renters in the Houston housing market struggle with the cost of housing, according to a new report from the Joint Center of Housing

Strong November New Homes Sales Could Make for Best Year Since 2007

New home sales are shaping up for their best year since 2007 Sales of new single-family homes in November rose 4.3 percent from October and 9.1 percent from Nov. 2014 to a seasonally adjusted annual rate of 490,000, according

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