Current Market Data

“Homeowners will see the value of their homes rise, but first-time homebuyers will face tougher competition from out-of-towners with big budgets.” — Daryl Fairweather, Redfin chief economist

Amid demand, housing inventory sank to historic lows.

“The shortage of homes priced less than $300,000 pushed buyers toward higher-priced homes.”

New home construction accelerating, offering supply relief as 2021 begins.

It was the 5th best month of the year and outperformed most of 2019.

More affordable metros are replacing expensive coastal areas as top drivers of home value growth.

U.S. single-family rent growth exceeded pre-pandemic rates in November, according to latest CoreLogic report.

The flight to the suburbs has become a growing preference for buyers, but renters are also finding respite in the outskirts of larger metro areas. That could help continue to drive new construction of apartments in suburbs across the country, according to a new report from Rent Cafe.

The Houzz 2021 Kitchen Trends Study highlights post-pandemic must-haves.

The decline of home mortgage interest rates is continuing to fuel homebuying demand in December, pushing the median home-sale price up 13% nationwide to $334,300, according to a new report from online broker Redfin.

Here’s a little tidbit that might help clients decide whether or not it’s time to buy their first home — it could save them some money.

December marked the end of seven straight months of job growth.

The number of homes for sale nationwide dropped below 700,000 in December, hitting an all-time low, while home prices were up double-digits over the year prior, according to realtor.com’s Monthly Housing Trends Report.

Want to know what’s happening in the Houston market? Click here for the full housing scorecard to see your local numbers!

As the housing market heated up this summer, selling to an iBuyer became a less attractive option for many profit-minded homeowners.

“Comparing the RHPI levels in October relative to the resurgence of home buyer interest in June, affordability declined in 24 of the top 50 markets we track.”