Current Market Data

3 Promising Details of Home Selling in 2013

Homes in 2013 have sold better than at any time since 2008, and we’ve dug up three promising trends for those home sales. Home sales have been putting up some encouraging numbers in 2013. Though rising mortgage have taken

The 3 Stages of Higher Mortgage Rates

Everyone has been holding their breath on when the higher mortgage rates will impact home sales; when exactly will that happen, though? When mortgage rates began their dramatic rise back in May, it was more a matter of “when”

Foreclosure Activity in Houston Down 52% in August

Foreclosure activity in the Bayou City is among the lowest in the nation, and it still fell by a whopping amount from 2012. Foreclosure activity in the Houston area was down a whopping 52 percent year-over-year in August according

The Top 5 Home Seller Incentives in 2013

Home seller incentives became quite common during the down years, but are they still common in 2013? During the months following the housing downturn in 2008, homebuyers found themselves in a interesting position – they were in charge. With

Houston Home to the Nation’s Healthiest Mortgage Market

Though Houston’s housing market has received high marks before, its performance on equity may be most impressive of all. Houston’s housing market has become a poster child for the housing recovery, but courtesy of the second quarter Equity Report from

NAHB’s Improving Markets Index Soars to 291 in September

The NAHB’s Improving Markets Index has been closely tracking the housing recovery, and it put up some its best numbers yet in September. The National Association of Home Builder’s Improving Markets Index, one of the leading measures of the

How Many Negative Equity Properties Remain in Houston?

The nation’s mortgage markets have improved dramatically in the last five years, but how many negative equity properties linger here in Houston? More than eight million homeowners are own the verge of reaching positive equity, according to the U.S.

Homeownership Rate Decreases From Five Years Ago

The homeownership rate has been on a steady decline the last five years, but will that trend continue? The homeownership rate has decreased in the last five years, according to Census Bureau data, and as a result, renting has

5 Ways that Rising Mortgage Rates Have Impacted Consumers

Much has been written about how rising mortgage rates will impact the housing market, but now we have a glimpse at how they’re affection consumers. The dramatic rise in mortgage rates has been the major story in housing this

CoreLogic: Foreclosure Inventory Down 20 Percent in July

The latest National Foreclosure Report from CoreLogic highlighted a number of positive developments in the nation’s mortgage markets. The nation’s mortgage markets continued to improve in July, according to the latest National Foreclosure Report from CoreLogic, with foreclosure inventory,

Houston Asking Prices Soar 12.1 Percent in August

Asking Price growth appears to be slowing nationally, but that was hardly the case here in Houston, according to new research from Trulia. Houston’s for-sale market continued to outpace its strong rental market in August, according to the latest Price

The 10 Most Populous Hispanic Communities in the U.S.

The Hispanic population in the U.S. has grown by leaps and bounds, as has its importance on local housing markets; where are Hispanics most concentrated? Hispanics represent a growing part of the U.S. population, and are inarguably the hottest

Census Bureau: Construction Spending Jumps 5.2 Percent in July

Construction spending increased again in July, with residential construction leading the way. Construction spending in July continued its strong 2013 comeback, with overall construction activity rising 0.6 percent from June and 5.2 percent from July 2012 to a seasonally

CoreLogic: Home Prices Up 12.4 Percent in July

The nation’s home prices continued to improve in July, with the latest Home Price Index from CoreLogic posting fantastic year-over-year numbers. Home prices continued their double-digit performance in the CoreLogic Home Price Index, rising 12.4 percent year-over-year in July. That

The Top 9 Reasons That Consumers Moved in 2012

Quite a few Americans moved about in 2012, but what were the reasons behind their move? Last year, a hefty number of Americans moved to new residences – 35.5 million Americans, in fact, a 4 percent increase from 2011

McMansions: The Sequel

Many analysts were proclaiming the demise of the McMansion, but the super-sized housing option seems to have returned from the dead. The narrative went a little something like this: McMansions, or over-sized suburban homes, were an outgrowth of the

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