Current Market Data
Single-family home starts declined compared to February, while new apartment construction was up, according to government statistics.
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.
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.
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 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.
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.
Report finds buyers are backing off from buying second homes, but what’s causing the turnaround?
Spring selling season is off to a strong start in Houston, as home sales soared 23% in March compared to the previous month.
Surging mortgage prices deterring more buyers
Our expectations and desires have shifted, with renters searching for more space — often at a higher price tag. But, according to a new study from RentCafe, you might be lucky in Houston.
CoreLogic predicts price increases to slow significantly by next spring in most metro areas, especially in Houston.
With fewer people putting their homes on the market, prices continue to skyrocket.
The decrease comes as interest rates continue to climb, according to the Mortgage Bankers Association.
Houston’s housing costs are 18.6% lower than the national average, according to Rent.com. The overall cost of living is nearly 6% lower.
Housing inventory should reach pre-pandemic levels by the end of 2024, according to the results of Zillow’s latest Home Price Expectations Survey. More than 100 market experts and economists weighed in to predict upcoming trends.
“Buyer demand is still intense, but it’s as simple as ‘one cannot buy what is not for sale.” — National Association of REALTORS® chief economist Lawrence Yun
