Current Market Data

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Houston suburb named one of the best areas for families

For families hoping to relocate, Houston’s Katy suburb is a strong choice. In fact, a recent HomeUnion report listed Katy as one of the country’s best places for families to live. The study analyzed markets across the country based

Cool, neutral paint colors may help increase home sales, study says

Choosing the right paint colors can make a major difference when it comes to home sales, according to a Zillow study. Zillow conducted its 2017 Paint Color Analysis of more than 32,000 photos of U.S. homes sold between 2010

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Houston residential construction spending continues to rise amidst overall decrease

Home construction in Houston rose last April following a similar pattern in March, according to a new report from Dodge Data & Analytics. Despite an upward trend in residential building, however, overall construction decreased. Residential construction spending saw an

Existing home sales fall in April due to low supply

Low inventory led to decreasing existing home sales and days on market in April, according to the National Association of Realtors. The median days on market also declined, reaching a new low of 29 days. Total existing home sales,

Homes are selling faster than ever as inventory tightens

Demand for homes continues to grow as houses are selling faster than every before, according to Redfin. Typical homes went under contract in 40 days in April, 10 days faster than the previous year, making April Redfin’s fastest month on

Total household debt in first quarter passes pre-recession peak

Total household debt reached $12.73 trillion in the first quarter of 2017, which is above the 2008 peak before the housing market crash and economic downturn, according to new data from the Federal Reserve Bank of New York. However,

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Three masterplan community trends that are attracting new residents

Masterplan community developers are looking to expand the amenities and conveniences offered to residents in order to bring in new buyers. According to John Burns Real Estate Consulting, there are three major features that developers are offering in their

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Houston home sales continued to grow in April

Single-family homes sales and inventory in Houston continued to grow in April, reaching the highest level since last August, according to the Houston Association of Realtors (HAR). Home sales are up 3.1 percent compared to last year, with 6,583

Empty nest households reach record high

More aging parents are staying put rather than selling their homes as the amount of “empty nester” households has risen to record highs, according to Zillow. The number of empty-nest households, or homeowners aged 55-plus who have no kids

Houston home sales and prices continue to grow in March

  Single-family home sales and prices rose in March, while the housing inventory also grew, according to the latest report from the Houston Association of REALTORS®. Single-family home sales are up 11.7 percent to 7,013 compared to March 2016,

Here are 6 ways consumers use tech to buy real estate

  In a new report, Real Estate in a Digital Age, the National Association of Realtors offers insight into homebuyers’ technology usage habits. It’s a rare consumer who doesn’t incorporate technology into his or her homebuying pursuits – 95

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A fresh look at real estate tech: 6 agent and brokerage habits

  For today’s real estate agent, technology is indispensable in getting the job done quickly and efficiently. According to NAR’s recent 2017 Real Estate in a Digital Age report, agents and brokerage firms rely on a variety of tools

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Build more homes to combat rising inflation, housing prices, economist says

  The historic, nationwide housing inventory shortage could be cured by more new-home construction, real estate economist Lawrence Yun said, but barriers exist before construction can ramp up. Raising interest rates could dampen homebuying activity, with 53 percent of

Houston ranks 13th for Millennials living with their parents, study shows

  The current generation of 18-to-34-year-olds – otherwise known as Millennials — is more likely to be living with their parents than in any other living situation for the first time in 130 years, according to a recent study. Just

Buyers and sellers open up: 6 things that influence homebuying decisions

  To better understand the perspective and experiences of people who were in the market to buy or sell a home in 2016, Redfin recently commissioned SurveyGizmo to ask 3,352 Americans what would influence their buying or selling of a

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How “green” is the average homebuilder?

  “Green” amenities and building practices are all the rage, but how green is the average homebuilder, really? As it turns out, some green practices and products are more popular than others among single-family home builders. According to a recent

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