Current Market Data
Minority groups continue to struggle on the road to recovery from the foreclosure crisis, with homeownership rates significantly behind whites. Although the Hispanic community recorded an increase of new homeowners in 2012 – and the amount dipped for the black and
Existing-home sales defied expectations in August, posting both monthly and yearly increases. Existing-home sales in August reached their highest mark in six-and-a-half-years, rising 1.7 percent from July and 13.2 percent from August 2012 to a seasonally adjusted annual rate
The NAHB’s Housing Market Index was unswayed by market forces in September, though some trends have analysts wondering aloud. The Housing Market Index from the National Association of Home Builders (NAHB), the definitive reading on builder confidence in the
The housing market has undergone yet another pronounced change in the last couple months, bringing about a whole new set of trends to follow. It was early 2013, and it finally seemed, after a prolonged slumber, that housing was
August was a solid month for single-family home construction, according to the latest analysis by the U.S. Census Bureau. Single-family housing starts were at a six-month high in August according to the latest report from the U.S. Census Bureau, rising
It’s become a common trope in housing circles to bemoan the lack of first-time homebuyers in today’s housing market, but are they really lacking? First-time homebuyers are an essential component to a strong, sustainable housing market. Not only do
Housing inventory seems to have finally turned the corner nationally, but what of here in Houston? The nation’s inventory of housing has been a major topic of conversation among analysts and real estate professionals alike this year, but if
Though most real estate markets seem gripped in mortgage-rate hysteria, Houston’s real estate market soldiered on in August. Home sales in Houston surged to their 27th consecutive positive month in August, with rising mortgage rates, low housing inventory and
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
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 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
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
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
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
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.
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