Current Market Data

The Best Day to Buy a House is Fast Approaching

New research from RealtyTrac has found that Oct. 8 is the best day to buy a house; according to the data, average buyers on that day see a 10.8 percent discount below estimated market value. Other good days to

Market Share of 5,000+ Square-Foot Homes Increases

In 2014, the share of new homes with 5,000-plus square feet rose to a post-recession peak of 3.75 percent of new homes started, or 24,000 units, according to the Census Bureau’s Survey of Construction. Back in 2006, the new construction boom

Greater Houston’s Top Closings in August 2015

Click on the tabs below to see the top single-family, condo and multi-family closings in Greater Houston’s housing market in August Single Family Condo Multi-Family Single Family Sales Price Property Agent Office $7,140,000 River Oaks Blvd, 2406, Houston Marlene Rhoden Martha

HAR: Home Sales Fall in August, Prices Set Record

Houston sales fizzled in August after months of growth, but price appreciation remained hot, the Houston Association of Realtors reported. In terms of total single-family units, sales climbed by only 49 from the same time last year, an increase

CoreLogic: Foreclosures in Houston Hardly a Problem

Foreclosures continued losing market share in July, as inventory declined 27.9 percent from the same time last year, with completed foreclosures dropping 24.4 percent, according to CoreLogic’s latest report. Foreclosure inventory represented 1.2 percent of all mortgaged homes in

Report Finds Houston Homes at High Natural Disaster Risk

Around the nation, the risk of natural disasters varies depending on a number of factors, including geographical makeup and location. In its 2015 U.S. Natural Disaster Housing Risk Report, RealtyTrac found that 35.8 million single-family homes and condos, or

CoreLogic: Houston Home Price Appreciation Speeds Passed Nation’s

Home prices were up again in July, according to a new report from CoreLogic. Year-over-year, home prices, including distressed sales, jumped 6.9 percent nationwide, while excluding distressed prices increased 6.7 percent. The price increases reflect an overall strengthening of

Houston New Construction Posting Modest Gains in 2015

This year is shaping up to be a positive one for new construction in Houston. Residential construction spending in the Houston area was up 10 percent year-over-year in July, but so far in 2015 is only 3 percent ahead of where it was

Three New Schools Open in Tomball

In 2010, Tomball’s population within a three-mile radius was just above 18,818, according to the city’s website. By 2017, officials expect that number to move somewhere closer to 20,200 – assuming the annual rate of growth remains close to

Fall of Chinese Stock Market Leads to Lower Mortgage Rates

Average fixed mortgage rates in the U.S. have fallen to their lowest levels since May of this year amid substantial and ongoing global volatility out of China, according to Freddie Mac’s Primary Mortgage Market Survey. The average 30-year fixed rate mortgage dropped

Houston Home Sales at 8-Year High

New research reveals 2015 has been a banner year for Houston real estate Home sales in the Houston housing market hit an eight-year high in the first half of 2015, according to the July 2015 U.S. Home Sales Report from RealtyTrac. From

Oil Hits 6-Year Low, Houston Developers Hold Their Breath

On Aug. 24, after China sharply devalued its currency, U.S. oil benchmark West Texas Intermediate crude fell to $38.24 per barrel – its lowest point in six years. WTI inched its way back in the days following, but remains

3 Important Trends in New Construction in 2015

The latest new home sales stats from the U.S. Census Bureau show many things are at work in the new construction marketplace According to the latest new construction report from the U.S. Census Bureau, new home sales in July

Texas Home Prices Remain Strong in Case-Shiller Indices

Home prices continue to rise nationally, but what about the local housing market? Home prices in the Dallas metro area rose 0.9 percent from May to June and 8.2 percent from June 2014, according to the new Case-Shiller Home Price Indices from Standard

$700 Million-Plus in School Construction Projects on November’s Ballot

Come November 4, residents from two Houston suburbs will decide whether to provide the funding necessary to move forward with a handful of major school construction projects. Last week, two bond proposals were approved by the boards of trustees representing

Residential Real Estate Brokerages Expecting More Money

During the economic downturn, the real estate industry floundered and thousands lost their jobs. But improvements have been made, and the industry is healing, which means the money is returning. By 2016, more than two-thirds of residential real estate

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