Is the flight to the suburbs a myth?
“Increasing house price appreciation in suburban zip codes points to higher demand relative to supply in the suburbs but does not necessarily indicate what’s fueling the demand,” the study notes.
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Luxury sales in Texas continue to prop up sales and prices, according to a new report
The growth rate in median sale prices in Texas reflects the relative strength of demand for higher-priced homes, while the lower-end of the market has been more vulnerable to recent employment shocks and constrained inventory.
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Serious delinquencies up, despite strong housing demand
Four months into the pandemic, the 120-day delinquency rate for July spiked to 4.1%, the highest rate in more than 21 years and double the December 2009 Great Recession peak.
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Bigger is better, say homeowners and renters who are working from home
The work from home phenomenon — and the need for a dedicated home office— is driving demand for more space among both buyers and renters.
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Houston suburb ranks high for big city feel
The suburbs are becoming more alluring to residents of major cities as the COVID-19 pandemic continues into autumn.
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Manufactured housing plants expand fall production
Battling supply-chain disruptions, labor shortages and escalating lumber prices, housing manufacturers remain optimistic heading into fall.
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Home price appreciation reaches highest level since June 2018, though declines predicted
The latest HPI Forecast predicts home price growth will slow over the next 12 months through August 2021 with price declines in 27 states.
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Commercial-to-apartment conversions on the rise
The 2010 decade grew the amount of overall building conversions from about 2,000 units converted in the 1950s to roughly 97,000 over the last decade.
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Houston homebuyers faced higher prices, lower inventory in September
This year, buyers encountered a 21% decrease in listings from the beginning of 2020, along with a 17% price increase to about $20,000 more than anticipated.
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Pending Home Sales hit record high; rally expected to continue
August contract signings exceeded pre-pandemic levels, according to the latest Pending Homes Sales Index from the National Association of Realtors.
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