Current Market Data

Homebuyer competition fell in March for the first time in six months

While competition fell nationally, Houston’s actually rose.

Mortgage applications fall as rates hit 13-year high 

Overall mortgage-application volume was at its lowest level since 2018, the Mortgage Bankers Association said.

New-home sales fall again in March 

Low inventory and rising interest rates have reduced prospective homebuyer purchasing power. 

Houston real estate prices soar to historic heights in Q1

The median sales price of homes in Houston rose to $321,623 in the first quarter of 2022, a 16.7% spike from the same quarter last year.

Property taxes across the U.S. rose to $328 billion in 2021

Property taxes across the U.S rose last year, but the hike was much lower than in 2020, according to a new report.  ATTOM found in its 2021 property tax analysis of almost 87 million single-family homes, $328 billion in

Texas ranked No. 6 state for retirement, according to RetirementLiving analysis

The report uses 13 data sources and reader feedback to measure states on cost of living, quality of life, health care and other categories.

NAR data shows another dip in existing-home sales 

Rising interest rates and home prices have taken a toll on would-be homebuyers’ purchasing power, leading to increased inventory and another monthly slowdown in sales. 

Overall new-home construction rises in March despite slowdown in single-family

Single-family home starts declined compared to February, while new apartment construction was up, according to government statistics.

Builder confidence falls again as housing market faces ‘inflection point’

Builder sentiment has taken a hit from an unexpectedly sharp increase in mortgage rates and continued disruptions in the supply chain, according to the National Association of Home Builders’ monthly survey. 

When’s the best time to sell a home in Houston?

If you’re planning to sell your home this spring, get moving. A new report from Zillow says listing it on a Thursday in late April will reap you the greatest reward.

New listings slide back into negative territory after positive streak

After a much-needed boost last week, new listings plunged 10.3% year over year during the week ended April 11, according to the Houston Association of REALTORS® (HAR) weekly activity snapshot. 

Investor homebuying stalled dramatically in Q4 2021: a CoreLogic analysis

Investor activity showed early signs of slowing during Q4 of 2021, down from the historic highs seen in the second and third quarter, CoreLogic’s latest analysis reveals.

Houston home-buyers defy rising interest rates, limited inventory to boost March sales

The local real estate market in March remained in positive territory as consumers proved undaunted by rising mortgage interest rates and the record-low supply of homes across Greater Houston.

Is the pandemic-driven second home buying boom over?

Report finds buyers are backing off from buying second homes, but what’s causing the turnaround?

Houston home sales, new listings up in March

Spring selling season is off to a strong start in Houston, as home sales soared 23% in March compared to the previous month.

Is the real estate market starting to shift?

Surging mortgage prices deterring more buyers

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