Current Market Data

Over a third Houston listings in bidding wars

More than half of Redfin listings (54%) experienced bidding wars in November, down only 4 percentage points from the previous month, according to the online broker’s new report.

Bought before they’re built: Advance new home sales highest since 2005

An ongoing shortage of existing homes on the market has made newly constructed homes especially desirable.

Houston ranks 21st priciest luxury market in the U.S.

The flight of homeowners from large urban centers to the suburbs has unexpectedly begun to reshape residential real estate, but luxury property in large cities have also gotten a boost from the hot market.

Are condos the new bargain property?

A new Redfin report shows condos are selling for a record 17% discount to single-family homes as the coronavirus fuels demand for space.

Remote workers could continue to drive the post-pandemic market

A new report from Homes.com shows that prospective homebuyers are still waiting to see if they will work from home permanently.

Here’s how long it takes for buyers to save for a down payment in Houston

It takes Houston homebuyers 5.82 years to meet the minimum threshold of 20%, or $61,000, to qualify for a mortgage.

What recession? Houston housing market soars again in November

Market maintains a record-setting pace even as the supply of homes dwindles further.

Housing demand likely to stay high for years, according to new study

There are 5.7 million “missing” households since the Great Recession, a fact likely to boost housing demand for at least the next several years.

CoreLogic: Houston home prices surging

Home construction continued to surge across the nation, which reflected the projection that new homes will help moderate price growth over the next 12 months.

Pending home sales down slightly as home prices continue to rise

Nationally, contract signings are up 20.2% compared to a year ago, but industry insiders say high prices are beginning to affect sales.

Homebuilders to buyers: ‘Take a hike!’

How nature and the outdoors are becoming increasingly important to the modern buyer.

New house flipping show enables viewers to invest while watching

New Instagram video show American Dreamhouse emerges from the intersection of the popularity of fix-and-flip shows, interior design and audience interest in finding novel ways to generate extra income.

Despite economic uncertainty, home price gains soar to 7%

Despite continued economic uncertainty from COVID-19, housing markets continue their upward projectory.

NAR reaches agreement with Department of Justice

The complaint, filed by the Department of Justice on Nov. 19, alleges that the organization’s practices and policies are anti-competitive.

Is 2020 really the year of the suburb?

Is COVID-19 is driving households away from cities to lower density suburbs? RCLCO looks at whether 2020 is indeed the year of the suburbs.

Housing market rebound sets stage for 2021

The boost from loosening credit, along with rising house-buying power, equity and household formation, was strong enough to overcome the negative impact on housing market potential from the increase in tenure length so far in 2020, says Chief Economist Mark Fleming.

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