Current Market Data
Sure, new home sales were up in February, but there’s much more than meets the eye. On the surface, it looks like February was a very positive month for sales of newly built single-family homes. According to the latest
NAR’s report found existing-home sales improved in February, but those gains were offset by skyrocketing home prices. Existing-home sales increased modestly in February, a report from the National Association of Realtors discovered, but shallow inventories across the country are
The single-family home market for new construction has trended towards affluence, and so has the rental market. The last couple months, we’ve been reporting with regularity on how our nation’s issues with inequality have manifested themselves in new construction,
Homeowners are benefiting from rising home prices that improve equity, but that doesn’t mean negative equity still isn’t a problem. Equity continued building in the fourth quarter of 2014, CoreLogic’s newest report concluded, showing that by year’s end, 1.2
Homebuilders are feeling a little less confident this month. A key measure of builder confidence declined this month, with the Housing Market Index (HMI) dropping two points to a level of 53. Released monthly by the NAHB, the HMI tracks
The latest construction report looks bad, but as usual, there’s more than meets the eye. The numbers do not warm the heart – last month, housing starts were down 17 percent from January and 3.3 percent from Feb. 2014,
Ninety-two million Millennials represent the largest living generation and the future of homebuying. Millennials, while not the most active buyers and sellers, are real estate’s most important demographic, and for one reason in particular: there are so many of them.
TD Bank survey shows what clients want: more information. In the wake of the rebuilding year of 2014, the market, while still in recovery, has been cast in a distinctly more appealing light, as consumers are once again eager
Everyone has seen the various reports that the U.S. homeownership rate has fallen in recent years, but how much as it really declined? To find out, we took a deep dive into the Census Bureau’s data on the matter,
You may think you understand housing affordability, but chances are you’re relying on limited measurements. How affordable is Houston’s housing market? The answer to that question is more complicated than meets the eye, and it suggests some very interesting things
Texas is a behemoth of a state, bigger than most countries, but can its population support the weight of its aging as workforce ratios shift? In terms of size, it’s fair to say Texas is a leviathan. Prodigious, by
Houston experienced declines across the board in February, with the exception of home prices. It seems as though the affects of falling oil prices, particularly that on Houston’s imposing energy sector, have finally rippled into the local housing market,
A new report from CoreLogic highlights improvements to the nation’s share of all cash sales. Unfortunately, it’s still high. It’s a new housing market in 2015. Policies are shifting, new legislation is being written, and in an eddying whirl
Sure, unemployment has been falling, but the way we measure unemployment is riddled with problems Last week, we reported that the U.S. unemployment rate fell to 5.5 percent in February, the lowest it’s been in nearly seven years. News
The nation is healing, and as a result foreclosure inventories are thinning out across the nation. How did our city do? Foreclosure numbers responded positively to a healing economy in January, dropping significantly, CoreLogic’s National Foreclosure Report revealed. Total
Zillow compares employment and income growth to determine the best markets to be in right now. How did our city do? The nuances discerning a good economy from a bad one are plenty and complicated, but for a brief