Current Market Data
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
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,
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 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
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
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
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
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
The housing market, according to the latest numbers from Redfin, seems to be slowing down; is that the case here in Houston? For the third straight month, the percentage of listings that went under contract within two weeks decreased
Why have home sellers sold their residences in 2013? We look at some interesting data and find the most prominent reasons. Housing inventory has been on a major upswing so far in 2013, with inventory rising nearly 22 percent
Mortgage rates have risen rather dramatically since May; what impact could those increases have, though, on the housing market? At the beginning of May the average mortgage rate for a 30-year FRM was just 3.35 percent. Since then, as
Higher mortgage rates negatively impacted pending home sales, according to new data from the National Association of Realtors. The Pending Home Sales Index, the leading measure of contract signings in the residential housing market, declined 1.3 percent from June
There are many factors that consumers consider when searching for homes, and a new Trulia survey shows the impact that kids have on homebuying decisions. Homebuyers have many factors to consider when searching for a home. From the area’s
New home sales fell by a hefty amount in July; what does such a decline suggest about the housing recovery? July was a lukewarm month for new single-family home sales, with the Census Bureau reporting declines in sales numbers.
June was a stellar month for Texas home prices, with the Lone Star State putting up some of the strongest home prices gains in the nation. Home prices in Texas remained among the strongest in the nation in June,
Residential construction put up some great numbers in July, but are those gains consistent with our local real estate market? July was a very strong month for residential new construction. Not only were building permits up 2.7 percent from