Current Market Data

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

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

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