Current Market Data

HAR: Twelve straight weeks of year-over-year increases for new listings

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.

Renovation spending has jumped 60% since 2020

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.

This is the ‘dream living room’ — to Texans

Furniture retailer Joybird surveyed over 2,500 Americans and asked them to describe their dream living room.

The best week to sell this year: April 14 – 20

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.

New listings rise 36.7% in Houston

Realtors added 3,359 new properties into the MLS, a 36.7% increase year over year.

Houston shows sustained demand for single-family rentals

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.

NAR: Existing-home sales post biggest gain in a year

Sales rose 9.5% from January to a seasonally adjusted annual rate of 4.38 million.

It’s affordable to remodel in these Texas cities

The southern Texas city of McAllen ranked as the least expensive place to remodel in the country, with a price tag of $54,855.

The 10 most expensive homes sold in greater Houston in February

Agents from Douglas Elliman Real Estate listed the two Houston-area properties that sold for the highest prices last month.

Don’t paint your house these colors if you’re trying to sell

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.

New listings continue to surge in 2024

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.

HAR: Home sales increase in Houston

Single-family home sales rose by 7.6% annually, with 6,221 units sold compared to 5,781 in February 2023.

Opendoor: A portrait of first-time homebuyers in 2023

Many buyers entered the housing market for the first time in 2023. But who were these first-timers, and what did their homebuying experience look like?

U.S. housing supply receives boost, marks first increase in eight months

With the spring market right around the corner, the U.S. housing supply finally got a boost. 

Texas REALTORS®: 2023 Year in Review

Texas home sales dipped in 2023, according to the 2023 Texas Real Estate Year in Review report from Texas REALTORS®.

Pending, closed listings creep over 2023 volumes as new listings continue to soar

New listings have yet to dip below 2023 volumes this year, and Week 9 was no exception.

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