Current Market Data

Houston Home Prices Expected to Rise 15% by 2018

A new study predicts good things for Houston’s housing market in the coming years. Home prices in the Houston residential real estate market are expected to rise by 15 percent from 2012 to 2018, according to the latest report

Owning in Houston 45% Cheaper than Renting

We all know that rising mortgage rates and price increases have taken a bite out of affordability, but how does renting compare with owning in 2014? The homeownership/renting debate is an everlasting one, but in the post-boom housing market,

New Home Sales Jump to Five-Year High in Jan. 2014

The market for newly built single-family homes saw sales increases in January; what does that mean for the housing market? Amidst a period of less-than-enthralling news for housing, the Census Bureau’s latest report on sales of newly built single-family

Houston Foreclosures Down 49.1% From Peak

The Houston housing market has made considerable strides in the last year, according to CoreLogic’s latest MarketPulse. Home foreclosures in the Houston housing market are down 49.1 percent from their peak, according to the latest MarketPulse report from CoreLogic,

5 Key Takeaways from NAR’s Existing-Home Sales Report

Though much of the media coverage is focusing on the weak nature of NAR’s latest existing-home sales report, there were definite glimmers of optimism. We’ll start with what most of the media are reporting on – existing-home sales in

4 Worrying Trends in the Student Debt/Homeownership Relationship

Home purchases have skidded a bit in recent weeks, and student debt raises some troubling questions on where housing demand is heading. The numbers are in, and they’re not encouraging – housing demand is beginning to wane. According to

Texas Home Prices Continue to Improve in December Case-Shiller

Home prices in Texas continued to show improvement in December, according to the latest Case-Shiller indices. Texas home prices remained stable in December, according to the latest Case-Shiller Home Price Indices from Standard & Poor’s. Though S&P does not track prices

The 8 Biggest Concerns for Homebuilders in 2014

What issues in the homebuilding process keep builders up at night? Last week, we reported that builder confidence dropped to its lowest point in 12 months in February, with lousy weather and market concerns the main reasons for the

Record-Low Inventory Pushes Prices Higher, Sales Lower in Houston

Houston’s inventory woes continue to boost prices, but they are starting to impact home sales in the Bayou City. With record-low inventory in Houston pushing down home sales in January, homebuyers ended up paying more for the homes that

4 Takeaways from Yesterday’s Miserable New Construction Report

The Census Bureau’s latest new construction report is not pretty, but as with all housing matters nowadays, there’s more than meets the eye. Here’s the information that you’ve likely seen, regarding the Census Bureau’s latest report on new construction

3 Trends that Could Influence Housing Inventory in 2014

We keep hearing that housing inventory has no where to go but up…but what factors will actually cause it to increase? “Housing inventory has bottomed.” “Housing inventory will recover.” “New homes will begin entering the marketplace.” Yeah, we remember

4 Essential Features for Millennial Homebuyers

Everybody and their uncle knows that Millennials will be integral to the housing recovery, but what do they actually want in a house? The Millennial generation, which encompasses Americans born between the early ’80s and early 2000s, is the

Builder Confidence Drops 10 Points in Feb. to Lowest Mark in 12 Months

Builder confidence had been on a tear through 2013, but it seems to have hit a road block in 2014. Builder confidence fell precipitously in February, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

Price Per Square Foot in Houston Jumps 17.3% in January

Has price per square foot continued its 2013 ascent in the New Year? Many things occurred in the housing market in 2013, but perhaps the most notable was the marked ascent in home prices and the price per square

Houston Leads the Country in New Home Construction

A new study finds that Houston has the most active new construction market in the nation. Houston led the nation in single-family home construction, according to a Metrostudy cited by a CultureMap Houston article. According to the article, the

What’s the Most Effective Bidding War Strategy?

With inventory low and showing no signs of improving, what can agents do to distinguish their clients? Houston started out 2014 with another double-digit decline in housing inventory, and such low supply in a recovering housing market can only

Oops! We could not locate your form.