Current Market Data

Houston home prices jump 3.3 percent since last year

Compared to last year, home prices in the Houston-The Woodlands-Sugar Land MSA rose 3.3 percent in September 2017, with month-by-month prices increasing by 0.1 percent between August and September. According to CoreLogic’s U.S. Home Price Index, as of September

Hurricane Harvey causes first decline in Texas home sales since 2012

Texas home sales declined 0.3 percent in Q3 2017, which is the first time Texas home sales have declined on a quarterly basis since Q2 2012, according to the 2017 Q3 Texas Quarterly Housing Report released today by the

Buyers continue to seek out luxury homes even as prices soar in Q3

Luxury home prices grew 4.9 percent in the third quarter of 2017 compared to the same time last year as inventory tightened on the top end of the market. This marked the first quarter in which luxury inventory fell

Texas residents are the most loyal to their home state

According to a new survey, Texas homebuyers are the most loyal, with the highest percentage of them looking to move within the state than any other state in the United States. LendingTree reviewed purchase mortgage loan requests for primary residents

NAR reports increase in buyer, seller confidence

The National Association of Realtors recently released its REALTORS Confidence Index (RCI) to gauge Realtors’ feelings about the overall market, including local real estate market conditions, characteristics of buyers and sellers, and external factors affecting homeownership and sales. Overall, the confidence index

Construction starts decline in September, report finds

By and large, construction starts across the board in the Houston-Baytown-Sugar Land MSA saw a dip last month, this according to a recent report from Dodge Data & Analytics. In September, spending for nonresidential building dropped 34 percent from

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How many working hours does it take to buy a home?

The ability to own your own home is a dream for most Americans, but depending on which part of the country you live in, that may require more working hours than in other locations. A recent report from How Much

Home sales decline for third consecutive month while prices rise

For third month in a row, there was a decline in home sales in September. However, the average home sale price continues to rise. A recent Redfin report shows that in September, home sales fell by 8.1 percent — the

Single-family rental investors should look in this Houston ZIP code

Single-family rental homes are a great investment choice, but buying property in the right location is key. ATTOM Data Solutions recently put together a list of the top 25 U.S. ZIP codes for investing in single-family rental homes, and a

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Suburban rules: Majority of new homes built in community association

A recent survey shows about six out of every 10 homes built in 2016 were built within homeowner’s or community associations. The U.S. Census Bureau’s Survey of Construction (SOC) defined homeowner’s associations as “formal legal entities created to maintain common

Predictive analytics preferred over realty AI, says survey

According to a recent survey from Imprev Thought Leadership, two out of three real estate executives favor newer technology such as Predictive Analytics, Marketing Automation, and Big Data for future business, while less than half are willing to invest

Home value perception gap narrows for fourth consecutive month

Although homeowners and appraisers don’t see exactly eye to eye on home values, the gap is narrowing, according to the latest National Quicken Loans Home Price Perception Index (HPPI). According to the September update, appraisers’ valuations were 1.14 percent

New flooring trends for single-family homes

The trends they are a changin’. Resilient — or vinyl — flooring is out, and real hardwood floors have reemerged as the leader in the flooring market. A new report from Home Innovation Research Labs shows that in the last 12

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Millennials want smarter homes over starter homes

Millennials are interested in smart homes, and are willing to pay more for them. Because these 18- to 35-year-olds represent the first generation born into the digital age, they are thought of with negative connotations like laziness and vanity.

What baby boomers want in their next home

In a recent poll about what baby boomers want as they move into retirement, many said they are looking for homes near their grandchildren and homes with a multi-car garage and storage. According to the Del Webb Baby Boomer

Mortgage delinquency drops in July

It’s as easy to pay mortgages on time now as it was 10 years ago in July 2007, this according to CoreLogic’s monthly Loan Performance Insights Report. The report found that 4.6 percent of mortgages were in some stage of delinquency in July — a decrease of 0.9

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