Current Market Data
Houston broke yet another home price record last month, the Houston Association of Realtors revealed in its latest report: the highest median single-family home price ever for a February. Driven by strong sales in the upper end of the
Every year, Redfin polls recent and prospective homebuyers in an attempt to gauge how people’s views of the housing market have changed, or remained the same, from one year to the next. But this year is different. This year
Americans live much larger than they did 30 years ago, despite families being slightly smaller. But that doesn’t mean Americans want bigger homes. As a recent Trulia study showed, homeowners suffer from widespread “grass-is-always-greener” syndrome, in which small home
The median home price nationwide when President Donald Trump took office was $234,900, according to the National Association of Realtors. Apart from Trump, there have been eight presidents to hold office since NAR started compiling comprehensive home sales data
Despite the energy downturn, local Realtors have sold a record 76,449 single-family homes in the Houston metropolitan area. According to the Houston Association of Realtors, that is a 3 percent increase from the previous year. Although, specific neighborhoods have
Texans on average have more mortgage debt than borrowers in half the country, an analysis from Business Insider confirmed this month. How much debt exactly? According to data Business Insider obtained from Experian, $159,195 in 2016, making it the
Houston’s new construction market ended 2016 on a low note. Fortunately, the tune was up an octave to start 2017 A new report from Dodge Data & Analytics shows that in January, residential construction spending in Houston was up
When the TILA-RESPA Integrated Disclosure (TRID) rule was passed in Oct. 2015, it was billed as a simplifying of the mortgage process – at least as far as borrowers were concerned – and an effort to increase transparency, particularly as
The Millennial homeownership rate fell to a 30-year low last year, and a big contributor to that trend is growing student loan debt. The country has an opportunity to address the issue under newly elected President Donald Trump and
Toll Brothers is “The World’s Most Admired” homebuilder, according to Fortune. Of the five homebuilders named by Fortune, the Pennsylvania-based builder, which operates in markets across the country, came in on top. Fortune cited Toll Brothers’ renowned management, innovation,
In its monthly market report, Redfin dissected dozens of markets across the nation and found that in January, buyers typically faced three challenges: rising prices, low inventory and a fast market. That was certainly true in Houston. Prices continue
Keller Williams Founder Gary Keller spoke via an invitation-only live stream this week on the nation’s real estate market, commenting on the state of today’s market, and speculating on the fate of tomorrow’s. One of the most pressing topics
Houston is one of U.S. News & World Report’s top 25 “Best Places to Live.” In fact, the city comes in at No. 20. To determine its ranking, U.S. News considered Houston’s quality of life and job market, as
Luxury sales were up overall in Houston in January, as the Houston Association of Realtors reported, but sales over $1 million were down. In December, three Houston neighborhoods had double-digit sales of homes over $1 million. That was not
In the five years following the peak of the housing bubble – so from 2006 to 2011 – the United States’ construction industry lost 2.3 million laborers. By 2013, 60 percent had already found new careers in other industries – which meant
In January, there were once again more $1 million-plus home sales in Houston proper than any other market in the greater metropolitan area, though sales were down across the board from Dec. 2016, according to our latest REAL DATA