Current Market Data
It was the same old story in January, with multifamily construction leading the way. Another year, another setting for multifamily dominance in residential construction. That was the central lesson from the Census Bureau’s latest report, which found multifamily permits, starts
A new study from the Federal Reserve brings more evidence to the table on the damaging economic effects of high student debt burdens We’re written in the past about the effects of student loan debt on the housing market
Houston had a hot 2014, but builders are predicting steep declines in the months ahead. Houston is at a crossroads. Oil prices have fallen to astounding levels; inventory is on a slow, downward roll; pending sales are declining by
The last couple weeks, we’ve been analyzing exclusive numbers from the CoreLogic Housing Credit Index, a detailed look at mortgage availability. Our central question has been a simple one: is it any easier, nowadays, to attain a mortgage? And after
CoreLogic report shows widespread drops in cash sales. Cash sales continued to drop in November, according to a new report from CoreLogic, which found an increasingly significant portion of all-cash buyers leaving the market, particularly investors. Ebbing closer to
Off to a good year, sales and prices in Houston are up, but a shrinking inventory could pose problems. Coming into 2015, Houston is on pace to break records, with strong sales and prices persisting, according to a new
It’s been a rollercoaster ride following the nation’s mortgage markets, so we decided to take a more long-term view at some of the key stats at play – and how, with only one exception, things have improved by quite
Minority groups have a harder time accessing mortgages in the U.S., including here in Houston. In the Houston metro area, 19.6 percent of African-Americans are denied in their applications for conventional mortgages, according to a new analysis from Zillow; that’s more
Foreclosure activity in 2014 ended well, but pockets remain in dire straights. To cap off 2014, the national foreclosure inventory continued deflating, falling a staggering 34 percent year-over-year, according to CoreLogic’s newest foreclosure report. As of December, the nation’s
Houston continued to set the world on fire with its rise in asking prices Asking prices in Houston began 2015 on a soaring note, according to the Trulia Price Monitor. Prices were up 13.8 percent year-over-year in January, and a similarly strong 5.2
An influx of demand to Houston’s rapidly growing housing market has helped push values upwards. However, not without also raising property taxes. Coming out of the housing crisis, Texas was poised to break out as one of the country’s
One may think that warmer months are better for selling homes, but the data tells another story. What if we were to tell you that it really makes no difference when you list your client’s home, in terms of
There were some very positive things to report in the government’s latest job numbers. The U.S. economy started out 2015 with a bang, adding 257,000 jobs in January, according to the latest report from the Labor Department. Of course, there
We’ve covered multifamily ascendence before, but this is the most telling statistic of all. Earlier this week, we reported on two facets of new construction: first, that overall construction spending in Houston grew by hefty amounts in 2014; and second,
The price of crude bounced back this week, but some say even if it stabilizes, the damage has already been done. After months of falling oil prices, crude-oil futures rallied back this week, climbing up 7 percent to
What is the marital status of the typical first-time homebuyer? What are the demographics? And finally, how have those stats changed in recent years, and what does America’s ever-diversifying landscape suggest? To find out, see our infographic below, which