Current Market Data
Click on the tabs below to see the top single-family, condo, and multifamily closings in Greater Houston’s housing market in January. Single Family Condo Multifamily Single Family Sales Price Address Agent Brokerage $17,500,000 37307 Diamond Oaks Drive, Magnolia Harry Kuper
Single-family home sales continued climbing in January, alongside median price and inventory, the Houston Association of Realtors’ latest sales report confirmed. After rising 4 percent from Jan. 2016 to Jan. 2017, Houston’s median single-family home price hit $210,000 –
One of the top indicators for a housing market’s continued strength is new, incoming residents; and in 2016, for the second year in a row, Houston was a top destination for movers, according to a report from Penske Truck Rental. “It
Buying a home in Houston is a great deal – so long as the owner stays in it for almost two years. That was the conclusion of Zillow’s latest Breakeven Horizon report, which calculates how long the average homeowner has
The most consequential question facing the housing industry today is: Are we approaching a correction? National Association of Realtors Chief Economist Lawrence Yun said in January that 2016 was the market’s best year since the Great Recession. He thanked job
Builders need to build – a ubiquitous sentiment throughout the country, and what some experts believe is the solution to widespread inventory shortages. Two new stats suggest that may be exactly what’s going to happen in 2017. The first stat
This year could be the year of the first-time homebuyer. Of course, that’s what experts said last year too. But this year it might actually happen. Of course, there remain barriers to entry – tight credit, inventory shortages, high
Understanding buyers is going to be especially important this year – interest rates and prices are rising, inventory shortages remain commonplace throughout the U.S., and our housing market is now operating under a president promising a broad spectrum of
Spring is consistently one of the top-selling markets in Greater Houston. Last year, the Houston Association of Realtors recorded more than 2,825 sales in the Spring area – which was not only more sales than most markets in Greater Houston,
Seven Texas cities rank among the 100 safest in the country, while five rank among the most dangerous, according to Neighborhood Scout and the latest FBI crime data. That’s information buyers are going to want to know. Greater Houston made showings
Homebuilders across the nation faced crippling labor shortages in 2016; in fact, it was the biggest problem they faced all year. Don’t expect anything to change in 2017. Eighty-two percent of builders say the No. 1 problem they expect
The Houston new construction market concluded 2016 in underwhelming fashion, according to research from Dodge Data & Analytics. In December, Houston saw more than $564 million in total residential construction spending, which is a 12 percent decline from Nov. 2015. Moreover, year-to-date construction spending, which
Houston has one of the most unequal housing markets in the country. In an analysis of the country’s biggest housing markets, Redfin compared avg. luxury home price with the bottom 95 percent of the market, respectively. Of the 10
There are few better places to retire in the country than Texas, according to a new report from WalletHub, and the state’s real estate market stands to gain big because of it. Basing its analysis on more than 30 data
The Federal National Mortgage Association (Fannie Mae, created in 1938) and the Federal Home Loan Mortgage Corporation (Freddie Mac, established in 1970) are government-sponsored enterprises (GSEs) in their eighth year of conservatorship under the FHA. That is an exceedingly
Understanding buyers is going to be especially important this year – interest rates and prices are rising, inventory shortages remain commonplace throughout the U.S., and our housing market is now operating under a president promising a broad spectrum of