When it comes to getting the “most bang for the buck,” Houston ranks third in the country, according to a report from the residential real estate platform Home Bay.

The NAR’s Community Aid and Real Estate (CARE) Report shows that REALTOR® associations donated a median of $12,070 this past year, a 20% increase over 2020.

New-home construction posted a 12.2% month-over-month increase in August, thanks in large part to a significant jump in multifamily building.  

Data from the RE/MAX National Housing Report suggests the housing market is on its way to rebalancing.

A continuing combination of increased interest rates, supply-chain disruptions and high home prices has sapped homebuilder sentiment every month this year. 

The housing market is starting to become more balanced.

New listings are still down compared to last year, according to HAR’s weekly activity snapshot.

Southern states are leading the way when it comes to downtown apartment construction. Houston ranks 3rd in the United States for active downtown apartment construction with 15,607 new units built in the last 10 years, according to StorageCafe.

Houston housing inventory has grown to its highest level in two years, according to the Houston Association of REALTORS®’ August 2022 Market Update.

Mortgage applications declined 1.2% during the week ended Sept. 9, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey. 

The CPI has risen 8.3% in the past year, while hourly earnings have only risen 5.2%. This means the standard of living in the United States is decreasing.

Modern homes are still the most popular interior design style, according to a new study from Confused.com, a financial services comparison website based in the U.K.

The Houston Association of REALTORS® has revealed in their weekly snapshot that new listings are down 13.5% compared to last year. Pending listings are also down, with a 33% decrease from 2021 to 2022.

In the first seven months of 2022, construction contracts in Houston amounted to nearly $15.4 billion.

Mortgage applications, pending sales, new listings and overall inventory saw large declines in August.

Homebuyers nationwide had more time to make decisions in August with the first year-over-year increase in median days on the market since June 2020.