Current Market Data

Just How Low are Mortgage Rates, Right Now? Answer: Really, Really Low

Okay, we all know that mortgage rates are low right now…but just how low? With mortgage rates expected to rise in 2015, we decided to take a closer look at the historical averages for rates – and via numbers from Freddie

Texas’ Hottest Market Sheds More Cash Buyers in October

Cash sales are on the decline, but still represent a large chunk of the market. Recovery was the word in 2014, as the national real estate market shifted and readjusted to find its footing, and as we slowly begin

With Strong Price Increases, is Houston Now Overvalued?

We’ve come a long ways since the market crash, but does new research suggest we’ve gone too far? With asking prices up in Houston by 13.4 percent, the market the market may be overvalued to market fundamentals, according to a new

3 Critical Details About Millennial Homebuyers

We know that many Millennials are sitting on the homeownership sidelines, but what about the peeps who DO buy homes? We report quite regularly on the myriad reasons that Millennial homeownership remains low, but what the Millennials who have

HAR Reports Record-Breaking Year for Houston

Houston breaks records in 2014, but is the city on too much of a roll to slow down in 2015? It has been an exceptionally exciting year for Texas and particularly Houston, where home sales and prices have continued

Houston Foreclosures Remain Low and Healthy in November

November saw foreclosures drop…just not everywhere. Nationwide, the plague of foreclosures persists, but their frequency has dwindled to much more manageable and healthy levels, according to the latest report from CoreLogic. As of November 2014, completed foreclosures were 41,000,

7 Signs that Consumers are Still Skittish on Housing & the Economy

There have been some positive developments in housing and the economy, as of late, that that has not translated to widespread sentiment among consumers. Call it “The Great Economic Divide.” Though the economy and the housing market have both

Special Report: First-Time Homebuyer Market Share at Highest Level Since 2012

Are we finally seeing the triumphant return of first-time homebuyers? We’ve reported in considerable detail that first-time homebuyers currently make up a historically low portion of the nation’s homebuying pool, but could that trend finally be on its way

Oil Prices Continue Falling; Will Houston Suffer?

Oil prices tumble even further moving into 2015; is there any end in sight? In July of last year, oil prices were hovering over $100/bbl, which was fueling a booming Houston economy heavily dependent on energy investment. However, in

Could These 3 Developments Undo the Housing Recovery?

Housing has made definite progress the last couple years, but there remain pitfalls on the long, winding road to recovery. Mortgage rates remain at record lows; home sales, though down from 2013’s highs, are still miles ahead of the

Houston’s Low Equity Leads the Nation, Says CoreLogic

CoreLogic’s third quarter equity report helps instill confidence for 2015. Early today, CoreLogic released its quarterly equity report, detailing the state of both the nation and individual metros in regards to the current level of equity in the market.

3 Great Things (And 1 Troubling Thing) For Housing in the New Jobs Report

The news was ALMOST uniformly good for the housing market in the latest government jobs report. The economy ended 2014 in a most delightful fashion, with the government releasing a very positive jobs report for December. How does such

Houston Asking Prices Post Top Increases in Nation 2014

Asking prices ended the year with a bang, according to new analysis. The Houston housing market closed off 2014 in a typically strong way, with asking prices rising 13.4 percent for the year, according to the latest Price Monitor from

CoreLogic Finds Houston Home Prices Best National Average

Latest CoreLogic report shows prices falling moving into 2015. However, experts say we’re still poised for a strong year. National home prices climbed yet another rung on the industry ladder in November, according to CoreLogic’s latest home price report.

Looking For the Most Encouraging Trend in Housing Right Now? We Have It

There are many positive things happening in housing right now, but this may be the most encouraging trend of all. On the surface, NAR’s latest existing-home sales report is not a very positive affair, with sales falling 6.1 percent

Special Report: Rental Housing in Houston Continues Strong Growth

Though Houston’s for-sale market is showing signs of a seasonal slowdown, its rental market continues to charge ahead. The rental market in the Houston area continued its ascent in 2014’s fourth quarter, completing one of the strongest rental years in recent memory,

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