Current Market Data

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

CoreLogic: Houston’s Cash Sales Share Falls Below 30 percent

National cash sales continued their descent in May, a new report released today from CoreLogic showed. For 29 months, all-cash buyers have been leaving the market, as marked by continual year-over-year decreases in market share. In May, cash sales

New Construction at Highest Level in 8 Years

New development – especially in the single-family sector – has been very strong in 2015 Housing starts in 2015 are running at their highest level in eight years, according to the latest report from the U.S. Census Bureau. With 641,000 new housing starts so

4 Significant Ways First-Time Buyers have Changed

The housing market has changed substantially in the last 40 years, and first-time homebuyers have changed with it Since the 1970s, the U.S. housing market has changed in numerous ways. The square footage of homes, for instance, has risen to all-time

Builder Confidence at Highest Level Since Nov. 2005

Builder confidence in the market for newly built, single-family homes in August rose one point to a level of 61 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). That is the highest reading since November

Student Debt Delaying 30% of Millennial Home Purchases

Student debt remains the leading roadblock to Millennial homeownership Fifty-six percent of people between 18 and 29 have put off a major life event because of student loan debt, according to a survey released by Bankrate.com. That is higher than

Houston Sales Volume Hits Highest Point Ever

In 2014, Houston homes prices and sales set records as the market continued showing signs of strength despite concerns regarding oil prices. In July, and for the second consecutive month, sales and prices surpassed that record-breaking pace, according to

Greater Houston’s Top Closings in July 2015

Click on the tabs below to see the top single-family, condo and townhome closings in Greater Houston’s housing market in July Single Family Condo Townhome Single Family Sales Price Property Agent Office $5,975,000 3980 Inverness, Houston Graciela Medellin Martha

CoreLogic: Houston Sets National Foreclosure Standard

Today, CoreLogic released its June 2015 National Foreclosure Report, and the big reveal was foreclosures are still dropping – so not much of a surprise. For another month, national foreclosures fell, with inventory dropping 28.9 percent year-over-year from a

10 Houston Area School Districts with the Highest Graduation Rates

The Hechinger Report recently released the graduation rates for nearly every school district in the U.S. The data, which draws from the 2013 graduating class, broke down the numbers past the typical statewide average. We took a closer look

Reading the Tea Leaves: What the Economy Can Tell Us About the Future of Building

Homebuilding is in a state of flux across the nation. With growing barriers in lending and land availability forcing traditionally entry-level homebuilders into the upper ends of the market, it is unclear what the future of the industry and

CoreLogic: Houston’s Distressed Sales Fall Below National Levels

CoreLogic’s May distressed sales report shows lowest levels since 2007 CoreLogic recently released a new report detailing the state of the distressed sales market in the U.S. for May, and for another month, both real-estate owned (REO) and short

Why Houston Renters are Not Buying Homes

Rising rents, new research shows, are not an incentive to buy a house Renters in the Houston metro area are spending substantially more money on their monthly rent than is historically the case. That was the finding of a new

Major Google Air Quality Partnership May Soon Influence Home Pricing Decisions

Technology has drastically improved the efficacy of searching for the right home. Prior to enlisting the services of an agent, buyers, who in all likelihood have a pre-established criterion for their ideal neighborhood and home, are scoping out concerns

Houston’s Construction Market Drops From No. 1

Twelve months ago, residential construction in Houston was booming. Since 2009, the city has been widely recognized as the nation’s busiest metro market for home construction. However, after a 50 percent dip in oil prices, the city has slipped from

Home Prices May Surge Around New Katy Park

More green is coming to Katy, as the Willowfork Drainage District moves forward with Phase II of it parks master plan. Situated west of Grand Parkway and north of Cinco Ranch High School, the drainage district, in coordination with

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