Current Market Data

CoreLogic: Houston Foreclosure Inventory Down 16%

Houston’s foreclosure inventory continues to improve, according to the latest research by CoreLogic. Houston’s foreclosure marketplace continued to improve at the end of 2013, according to CoreLogic’s latest National Foreclosure Report. In Dec. 2013, just 1.0 percent of the Bayou City’s

Pending Home Sales Drop 8.7% in December, is Housing in Trouble?

Last year closed out on a sour note for pending home sales, according to NAR’s final tally. Dec. 2013 was a rough month for pending home sales, with the Pending Home Sales Index dropping 8.7 percent from November to

NAR: Existing-Home Sales Leap 9.1% in 2013

Existing-home sales enjoyed a very healthy 2013, though it’s unlikely the market will repeat that performance in 2014. The housing market capped off a successful year in existing-home sales in December, with sales rising 1.0 percent from November to

3 Reasons Not to Freak Out About the Weak New Home Sales Data

The Census Bureau’s latest report on new home sales was a bit weak, but that does not mean that the sky is falling. We’ll get the bad news out of the way first: the sales of newly built single-family

Texas Home Prices Remain Positive in November Case-Shiller

November 2013 was a good month for home prices in Houston, according to the latest Case-Shiller report. Texas’ housing market retained its steady, unwavering character in the Standard & Poor’s latest Case-Shiller Home Price Indices, the most authoritative look

Compared to Int’l Markets, Real Estate in Houston is a Steal

We may complain about high housing costs in the U.S., but internationally speaking, we don’t have a leg to stand on. It’s a common complaint among consumers that their rent/mortgage payments are too high, but if they only knew

The 7 Costs of a Single-Family Home’s Construction

We’ve looked at how newly built homes are priced and how those prices have changed in recent years; now, we look at costs. The last couple weeks, we’ve looked at both how a single-family home is priced and how

Houston 7th Most Popular Market for Foreign Homebuyers

Foreign homebuyers have been one of the more interesting developments in U.S. real estate in recent years, especially here at home. Houston was the seventh most popular real estate market for international homebuyers in Nov. 2013, according to analysis by Realtor.com.

What Salary is Needed to Buy a Home in Houston?

How affordable is our city’s housing market, when we view the topic from a salary-centric perspective? With nationwide interest rates on the rise and home prices jumping aggressively in certain marketplaces, housing affordability has once again become a hot-button

5 Reasons Real Estate Rocked in Houston in 2013

2013 was a banner year for real estate in Houston, and we’ve collected five of the most impressive reasons why. Here’s some shocking news for you – Houston’s real estate market was quite strong in December! According to the

RealtyTrac: Houston Foreclosure Filings Down 32% in December

Houston continues to make progress with its foreclosure markets, according to new analysis by RealtyTrac. In December, foreclosure filings in Houston were up 12 percent from November but down 32 percent year-over-year, according to the latest numbers from RealtyTrac.

6 Nuances to the Latest New Construction Numbers

The year of 2013 was a promising one for new residential construction, though there remains considerable room for improvement. We’ll start with the good news: housing starts in the U.S. were up 18.3 percent year-over-year in 2013 and building

NAHB: Builder Confidence Dips Slightly in January

Homebuilder confidence declined a smidgen in January, though it remained in positive territory. Builder confidence for the newly built, single-family home market declined a single point from 57 to 56 in January, according to the latest Housing Market Index

How Have the Cost & Price of New Homes Changed?

The costs and prices of newly built single-family homes are hardly static, the data shows. Last week, we reported that a newly built single-family home in 2013 cost $399,532 to homebuyers, and we looked at the seven components of

Movoto: Houston Housing Inventory Down 19% in 2013

Housing inventory in Houston continued it’s descent, according to the latest analysis. Though housing inventory remains low by historical standards, 2013 was the turning point, the year that inventory bottomed and housing marched forward into positive territory. At least,

What Percentage of Real Estate Agents are Homeowners?

Real estate agents may sell housing for a living, but how many of them are actually homeowners in their own right? Real estate agents argue on a daily basis for the merits of homeownership, but how many of those

Oops! We could not locate your form.