Current Market Data

Zillow finds home values growing more slowly in Houston than in suburbs
Zillow finds home values growing more slowly in Houston than in suburbs

Zillow’s national figures showed high demand for housing in urban areas helping values in cities keep pace with those in the suburbs.

Houston home prices jump 11.4% in 2020
Houston home prices jump 11.4% in 2020

The report added that vacation homes and affordable homes in small towns near major urban centers were in strong demand as a result of the pandemic.

Houston real estate market kicks off 2021 with a bang
Houston real estate market kicks off 2021 with a bang

Homebuyers continued to take advantage of historically low interest rates in January, snapping up homes still on the market

Vacation home sales skyrocketing
Vacation home sales skyrocketing

The trend of purchasing a second home has sent home prices in seasonal towns skyrocketing in value by 19% for the year ending December 2020.

Americans on the move: Houston top city for inbound migration
Americans on the move: Houston top city for inbound migration

The COVID-19 pandemic is accelerating migration across the country, following moving patterns that began in prior years, according to a new report.

CoreLogic: December home prices rise at fastest rate since 2014 in Houston, other markets
CoreLogic: December home prices rise at fastest rate since 2014 in Houston, other markets

CoreLogic is predicting that, nationally, home prices will increase by another 2.9% by December 2021 as homeowners delay selling, inventory remains tight and interest rates stay low.

Waiting to buy in Houston could mean higher mortgage payments
Waiting to buy in Houston could mean higher mortgage payments

We live in uncertain times and clients these days, perhaps more than ever, are asking themselves if now is the right time to buy. Fence-sitters beware, though, says a new study from Zillow, which notes that waiting could mean

Despite rising rates, housing market expected to thrive
Despite rising rates, housing market expected to thrive

“Context matters and each rising-rate era is different, says First American Chief Economist Mark Fleming. “The housing market response depends on the reason why rates are rising.”

Contract signings reach record high for the month of December, says NAR
Contract signings reach record high for the month of December, says NAR

Nationally, contract signings rose 21.4% from December 2019, with all regions reaching double-digit year-over-year increases.

Moving home gives young homebuyers an easy way to save for a down payment
Moving home gives young homebuyers an easy way to save for a down payment

Based on U.S. median one-bedroom rent, it would take 11 months to save for a 5% down payment for the median priced home in the U.S.

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