The Houston Association of REALTORS® Weekly Activity Snapshot shows that new listings are down 1.2% year over year. Only 2,649 properties were entered into the Multiple Listing Service (MLS) in the past week.

Month over month in September, existing-home sales slid 1.5% to 4.71 million, which is 23.8% lower than the year before. 

New home construction missed analyst estimates in September, falling 8.1% month over month to an annual rate 1,439,000 homes, according to government statistics. 

With the work from home era in full swing, many Americans are taking advantage of their unconventional work routines to try out the nomadic lifestyle. While working remotely, these people travel from city to city rather than set down roots in one place.

The report shows decreases in sales prices, as well as an overall increase in days on the market. While this could be due partially to high interest rates, Bailey says the shift in the market could open up opportunities for buyers who’ve had to put their plans on hold.

The Houston Association of REALTORS® Monthly Activity Snapshot for September suggests a transition into more normal, pre-pandemic market trends.

Approximately 58% of homebuyers say they’d be willing to purchase a haunted house — and nearly 25% think they already have.

Following several weeks of increases, new listings are down again. The Multiple Listing Service (MLS) saw 2,653 new properties entered last week, a 6.6% year-over-year decrease.

The analysis found an increase in mortgage denials and in potential borrowers withdrawing mortgage applications in areas with an elevated risk of flooding.

New listings are up this week, according to the Houston Association of REALTORS®’ Weekly Activity Snapshot.

Looking ahead, CoreLogic expects the year-over-year pace of home-price appreciation to slow to 3.5% by August 2023. 

The average median home size varies drastically across the country, according to American Home Shield’s 2022 American Home Size Index.

The Houston Association of REALTORS® has released their First Real Estate Snapshot of Houston, providing a report of single-family home activity for the month of September 2022.

Market volatility is causing more and more homebuyers to delay or cancel plans to make a purchase.

Rising mortgage rates have led to a substantial increase in the number of markets considered overvalued.

Mortgage rates continue to fluctuate by nearly half a percentage point every month, leaving homebuyers facing the most volatile three-month period they’ve seen since 1987.