Current Market Data

Are investors to blame for low housing inventory?

Investors across the country are looking to cash in on skyrocketing house prices and rents, putting them in competition with new buyers trying to work their way to homeownership. Real estate investors bought a record 18% of the homes sold in the third quarter, according to a new Redfin report.

Hot interior design trends for the new year, from Houzz

The home remodeling platform Houzz has compiled their 2022 trend forecast: a list of 10 interior design predictions.

S&P CoreLogic Case-Shiller: Home-price gains take a pause

“If I had to choose only one word to describe September 2021’s housing price data, the word would be ‘deceleration. Housing prices continued to show remarkable strength in September, though the pace of price increases declined slightly.” — S&P DJI managing director Craig Lazzara.

Houston’s suburban, rural areas seeing heightened activity

New Houston listings gained momentum in suburban and rural areas in November while remaining sluggish in urban areas, according to the Houston Association of Realtors (HAR) Multiple Listing Service (MLS).

Pending-home sales rebound in October

“Motivated by fast-rising rents and the anticipated increase in mortgage rates, consumers that are on strong financial footing are signing contracts to purchase a home sooner rather than later.” — NAR chief economist Lawrence Yun

Houston home values rose 18.8% in October

While the housing market may be hotter than usual, the shift toward seasonal norms is starting to show and could benefit both buyers and renters. 

Redfin: Homebuying demand reaches all-time high

The demand for housing in the U.S. has reached a new all-time high since 2017, a rare occurrence for this time of year when the market typically slows. According to a Redfin report, a recovering economy and all-time low mortgage rates are critical factors in the current market. 

Coldwell Banker survey gauges importance of homeownership among Americans

As the economy recovers from COVID and the housing market gains traction, homeownership is top of mind for Americans, according to the latest survey from Coldwell Banker Real Estate LLC.

New-home sales flat in October as median price hits new high

The seasonally adjusted estimate of new houses for sale at the end of September was 389,000, representing a supply of 6.3 months at the current sales rate, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.

Property analysis reveals Houston’s priciest neighborhoods

While Houston is often praised for its affordable housing compared to the rest of the country, the city has not been immune to the nation’s surging rent prices. A recent analysis of Houston-area properties revealed the neighborhoods with the highest and lowest rental and sale prices, according to Awning.com.

Second-home demand up 70% from pre-pandemic levels

Demand for second homes was up 70% from pre-pandemic levels in October, according to a new report from Redfin. This outpaced August’s 48% gain but was below January’s record 91% growth.

NAR: Existing-home sales rise again in October

The U.S. housing market kept firing on all cylinders, as the demand for residential real estate drove prices higher for the 116th month in a row, marking the longest streak on record.

New report reveals most popular relocation destinations among Houstonians

While Houston became home to nearly 600,000 new residents between 2014 and 2018, thousands of Houstonians left the city, too — but the majority didn’t go far, according to a new Stacker report.

Could the Boston housing market normalize in 2022?

It’s been a crazy year for real estate with bidding wars, record home prices and historically low inventory, but that may all come to an end in 2022.

RE/MAX: Signs of Houston’s tight housing market persist in October

Among the 51 metro areas surveyed in October, closed transactions were down 6.4% from September, nearly twice the average pre-pandemic decline of 3.3% between 2015 and 2019, RE/MAX said, citing its National Housing Report.

NAHB: Builder confidence continues to rise in November despite supply issues

November’s reading of 83 was up three points from October, driven by low existing inventories and strong buyer demand, the National Association of Home Builders reported, citing the latest NAHB/Wells Fargo Housing Market Index.

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