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Current Market Data

Risky business: Does it pay to become a landlord right now?

Several new reports help potential landlords determine just how much risk they’d be taking on.
Bigger is better in coronavirus era, but buyers also want affordable

Homebuyers in Houston want bigger homes with more personal space.

Nation’s residences increase in equity in second quarter

ATTOM Data Solutions’ report of increased equity in residences across the country could be good news for the nation’s ability to absorb potential wave of foreclosures.

Confidence in housing falls as COVID-19 cases rise

Economic concerns surrounding the rising number of coronavirus cases across the country — combined with a lack of housing inventory and rising home prices — are eroding confidence about homebuying, according to a new report.
Unemployment drops again, but long road to recovery remains

Nearly two million jobs were restored in July, as the economy struggles to return to pre-pandemic levels.
One-in-five Americans have moved or know someone who has due to COVID-19

While the pandemic has not significantly affected plans to purchase a home, it’s fueling relocations, according to a new report.
On solid footing pre-pandemic, multifamily market absorbs recession’s impact

Freddie Mac’s latest multifamily midyear report reveals the effect of COVID-19 on the market so far, predicting total origination volume will decline by between 20% and 40% by the end of the year.
Home prices accelerated in June, as the housing market continues to demonstrate its strength

CoreLogic’s HPI Forecast predicts prices will continue to post annual gains through 2020, a sign of the sector’s continued resiliency.
Houston has lower millennial homeownership rate than national average

Report finds higher cost of living, average median earnings.
Consumer confidence around home buying has increased during COVID-19

A survey conducted by Meyers Research shows that homebuyer confidence has actually increased during the pandemic; what’s changed is where people want to live.
Houston ranked 35th most expensive city for housing

RealtyHop asks whether homeownership is affordable for the average family? See how Houston did.
Two months in a row for improved pending home sales

Contract activity up over last year “remarkable,” according to NAR chief economist.
Home prices continued to rise in May, albeit slightly

Amid high unemployment and continued pandemic woes, home price growth remained stable in May.
Home price appreciation expected to accelerate through the summer, according to a new report

The supply and demand imbalance that existed entering the pandemic has worsened, insuring house price growth will likely remain strong this summer.
Newly pending sales in Houston up 9.2% in mid-July

Zillow reports that homes typically went under contract in two weeks.
Pandemic-era homebuyers are migrating for more space

The coronavirus pandemic is causing homebuyers to rethink what they want in a home, with more people relocating to places where they can afford more outdoor space and room for home offices, according to a new report.

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