Current Market Data

Home prices up in May, although summer slump predicted

The latest CoreLogic report forecasts a drop in home prices across the country by May 2021, although just how much depends on where you live.

Millennials poised to fuel a ‘roaring 20s’ of homeownership demand

Though the pandemic presents new challenges to achieving homeownership, millennial lifestyle decisions will continue to support potential homeownership demand in the years ahead, according to the latest First American Homeownership Progress Index.

More COVID-19 fallout: declining affordability

If household income growth slows and house prices continue to rise, even today’s record-low mortgage rates may not keep homes in an affordable range, according to a new report.

Pending home sales make record comeback in May

Contract activity surged 44.3% in May, the biggest gain on record, as homebuyers rushed back to the market after lockdowns

In Houston, a new kitchen adds nearly $10,000 in value

A new report reveals the improvements that homeowners and renters say add the most to the overall price of a home.

How builders use tech to attract clients

Smart-home technology is the new luxury amenity, according to a new report.

Pent-up demand hits the post lockdown market in Houston

As millennial demand grows, a new report from Zillow predicts its days-to-pending metric will eventually match or beat its record low

Which green products are most important to buyers and homeowners?

While solar panels may be the poster child of green homes, builders and remodelers have some interesting feedback to share about what consumers really want.

As pandemic restrictions lift, concern for older adults’ living situations increases

People of color may be particularly impacted by COVID-19 due to a higher incidence of multifamily living, according to a new report.

New homebuyer report reveals COVID-19-induced fears

Recent homebuyers more likely to experience stress, concerns over affording mortgage, according to new survey.

New construction sales numbers rose 16.6% in May, amid growing builder sentiment

Despite record-breaking unemployment, sales of newly built single-family homes rose in May, as builders rushed to meet pent-up demand and flight to suburbs.

Houston real estate recovery headed in the right direction

“Markets with stronger job creation pre-COVID are proving to have the crucial edge for real estate activity, particularly those with a strong technology sector.” — Javier Vivas, director of economic research for Realtor.com

Sales fell again in May; strong rebound around the corner, says NAR

While existing-home sales were down again, the National Association of Realtors predicts a post-lockdown boom that will surpass 2019 sales figures.

Call it the coronavirus effect: Young adults are moving back home

Roughly 2.7 million U.S. adults moved in with a parent or grandparent in March and April as the coronavirus pandemic spread, potentially costing landlords hundreds of millions of dollars in monthly rent payments and casting doubt on the future of young workers in particular.

RE/MAX reports single-digit decline in May homes sales nationwide

Although the single-digit decline from the previous month nationally is good news, home sales still lagged May of 2019 by 33.7%.

Lenders predict ‘near term strength’ for the housing market

May applications for new home purchases were up 26% from April, pointing to a recovery that’s already underway.

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