Current Market Data
Foreign homebuyers contributed $68.2 billion in sales in 2013, a number that, though certainly big, actually represents a step back from 2012. Are foreign homebuyers losing their appetite for U.S. real estate, or are international economic forces prohibiting them
Pending Home Sales had a smashing May, according to the National Association of Realtors, hitting a six-year high as more homes went under contract. The month of may was a very good month for pending home sales, with the Pending
The housing market is moving towards recovery with U.S. home prices increasing, found FNC in its latest study of the market. U.S. home prices are continuing to climb in April, as stated by the most recent FNC Residential Price
Housing prices have been uniformly increasing the last year, but a new Trulia study finds that city markets have the edge on their suburban competitors. City or suburbs? It’s one of the prevailing questions in real estate today, whether
New residential home sales were nothing but positive in May, with sales posting both monthly and yearly increases. The new construction market continued its recovery in May, with sales of new single-family homes rising 2.1 percent from April to
No industry was more affected by the housing slump than construction, but 10 markets in the U.S. have robust construction markets; is Houston one of them? Though nearly every industry in the U.S. was impacted by the economic downturn,
Standard & Poor’s Case-Shiller Home Price Indices put up smashing numbers in April, and here in Texas, the situation was similarly promising. Texas home prices retained their strong, steady increases in the latest Case-Shiller Home Price Indices from Standard &
NAR’s existing-home sales report for May, which came out last week, offered a very interesting glimpse at where housing is right now in its recovery. Last week’s existing-home sales report from the National Association of Realtors was a smorgasbord
International homebuyers represent a huge opportunity for real estate agents today, though some cities appeal to foreigners more than others. It’s no mystery that foreign homebuyers make up a hefty chunk of business for many real estate professionals today.
Though NAR’s latest existing-home sales report was, for all intents and purposes, quite positive, it reaffirmed that problems lie with inventory and prices. The latest existing-home sales report from the National Association of Realtors (NAR) was quite positive, with
May was another sterling month for new construction, with housing starts rising by nearly 30 percent from the year before. The U.S.’ new construction marketplace continued to recover in May, with housing starts rising 28.6 percent year-over-year to a
As if the scenario in Houston’s real estate market could not get any rosier, May’s positive numbers marked the 24th straight month of sales increases. Just when it was starting to look at though Houston’s real estate market had
The National Association of Home Builders’ Housing Market Index hit a major milestone in June, passing the holy 50 threshold. June was a banner month for homebuilders, with the National Association of Home Builders’ Housing Market Index, the key
Housing inventory seems to be picking up on the national stage, but what about specific metro areas, like our beloved Houston? The nation’s housing inventory has been one of the most hotly followed aspects of the housing market in
The latest Mortgage Marvel survey revealed that young Americans are interested in homebuying this year, and men are more likely to show interest than women. Even though mortgage rates increasing, it is not stopping young Americans from expressing an
Mortgage rates may have increased by 0.5 percentage points in the past month, but buying a home is still less expensive than renting. Even though there has been a recent increase in mortgage rates (the 30-year fixed rate over