Current Market Data
Monthly home payments hit new records last month reaching an all-time high of $2,747, an 11% increase from last year.
Over 70% of Texas homebuyers who used a real estate agent last year said they’d do so again in the future.
Realtors entered 2,889 properties into the MLS during the week ended April 1, a 6% decrease from the same week in 2023.
New listings continued to fuel active inventory in Houston last month, according to the latest FRESH Report from HAR.
A lakefront Austin property with a luxurious lap pool tops the most expensive new listings in Texas.
Realtors added 3,301 properties into the MLS, a 21.2% jump year over year. That marks the 12th consecutive week of year-over-year increases in 2024.
In 2020, median renovation spending was $15,000. That amount increased by 60% in three years, with the median home renovation costing $24,000 in 2023.
Furniture retailer Joybird surveyed over 2,500 Americans and asked them to describe their dream living room.
Prospective sellers should prepare to jump on the market — the week of April 14 through 20 will be the best time to sell this year.
Realtors added 3,359 new properties into the MLS, a 36.7% increase year over year.
Leases of single-family rentals rose 5.5% year over year in February, indicating a sustained demand for rental properties in Houston as high mortgage rates persist.
Sales rose 9.5% from January to a seasonally adjusted annual rate of 4.38 million.
The southern Texas city of McAllen ranked as the least expensive place to remodel in the country, with a price tag of $54,855.
Agents from Douglas Elliman Real Estate listed the two Houston-area properties that sold for the highest prices last month.
There’s a reason many homeowners opt for neutral shades when trying to sell their house — certain flashy colors may be off-putting to buyers.
Realtors added 3,394 properties to the MLS during the week, a 16.6% increase over the same week in 2023, when 2,912 properties were added.
