Current Market Data
Numbers released Tuesday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development show that housing starts unexpectedly fell during the month of May, while building permits increased. Privately-owned housing starts dropped by 0.9 percent,
Back when chatbots first gained traction in 2016, most people thought they’d never engage with a virtual assistant to get the information they needed, let alone try to use one in their own business. But now it’s 2019 and
In every decision they make, parents tend to make their children their top priority. And according to new research from Zillow, the same goes for the considerations they make when shopping for a new home More than the life of
The trend toward lower mortgage rates doesn’t appear to be a short-lived phenomenon, and has already boosted loan application activity to historically high levels. As a result, lending industry executives are responding with their most optimistic outlook on the
Weekly mortgage applications rise most in four years The number of mortgage applications filed during the week ending June 7 grew nearly 27 percent over the prior week, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey. That’s
Two recent measures of Americans’ confidence in the national housing market improved in the last month, showing that more homeowners as well as consumers are generally feeling more optimistic about this key segment of the U.S. economy. One of
The eighth annual Houzz & Home Study revealed the trends, desires, budgets and challenges of homeowners taking on remodeling projects. These takeaways will help you assist clients who are looking to upgrade their living spaces. Spending stats and project
A surge in demand for homes combined with a widespread shortage of supply caused home prices to surge beyond the reach of many buyers in the last year. Fortunately for prospective buyers and the U.S. housing market at large,
It’s clear we’re in a transitional real estate market at the moment, but the destination isn’t quite as obvious. While this year has been notoriously difficult to predict in terms of home sales, there are three indicators that can
Single family home sales in Houston peaked in April. Rebounding after a slow start in January, when sales fell 8.4%, Houston’s housing market is the strongest it’s been this year. According to the most recent report by the Houston
After a strong nationwide rebound in February’s home sales figures, purchase activity resumed its downward trajectory in March. According to the National Association of Realtors’ existing-home sales report released April 22, completed transactions fell 4.9 percent between February and
In the decade following the housing crisis, Hispanic and Latino populations accounted for the majority of growth in the U.S. homeownership rate, according to a recent report from the National Association of Hispanic Real Estate Professionals. The 2018 “State
Houston was ranked the No. 2 city in the country for construction gains, according to a recent article by realtor.com. Despite a nationwide slowdown in construction, Houston was one of several cities in the US that saw an increase
Surveys of American consumers continue to point to renewed optimism in the housing market. Fannie Mae’s Home Purchase Sentiment Index approached an all-time high reading in March, gaining five points over February to reach 89.8. This was driven by
Even though you’re in the trenches every day, buying a house is a big deal for your clients. It requires many involved steps and processes that can seem overwhelming to any buyer. And one of the more intimidating steps
The coming spring season, when home sales usually take off, could be a great one for buyers as the stars align in their favor: Mortgage rates are low, inventory levels are higher and price growth has slowed. Already, home
