Current Market Data

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Texas home sales break the 100,000 mark in the second quarter

Texas continues its strong sales streak as the second quarter of 2018 saw a rise in both homes sold and median home prices. According to the Texas Association of Realtors’ Quarterly Housing Report, a record 100,227 homes were sold

Redfin: Growing evidence of migration to low-tax states

Economists predicted it and many real estate agents have already been seeing it. Now more data is beginning to show Americans are shopping for homes where their tax bills might be lower, likely in response to new federal tax

Baby boomers are holding onto their homes as they head into retirement

As the baby boomers gracefully round into their golden years, Trulia found that the already strained housing market tightens a bit further as they hold onto their homes into retirement.  Defined as the population born between the years of 1945 and 1964, aging the seniors

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Want to know where home prices will be rising? Look for a new Starbucks

Neighborhood amenities can make a difference on how much buyers want a specific home, and there is one amenity that seems to have a larger impact on home values than any other – Starbucks locations. A recent study by

As Gen Z enters the housing market, here’s what agents need to know

There are already approximately 100,000 Gen Z homeowners and that number will only continue to increase. While they share some concerns with earlier generations about affordability, 83 percent of Gen Z see themselves entering the real estate market within

US home equity growth rates higher in minority communities

Homeowners throughout the U.S. are benefitting from recent home price appreciation by way of swelling home equity values. A Sept. 10 report from the data firm Black Knight estimated that the total value of “tappable” equity for the entire

What are homebuyers looking for in new construction homes?

When searching for a new home, buyers have a lot of ideas about what they are looking for. From the layout to the design elements and even materials and finishes. In order to get an idea of what homebuyers

Average new construction lot size remains at record low

In keeping with a decades-old trend, an analysis of Census Bureau data by the National Association of Home Builders found that the median size of a lot on which a new home was built in 2017 reached a record

Homeownership rate among minorities rising

The homeownership rate among minorities continues to increase, but there is still some progress to be made, according to the National Association of Home Builders. The homeownership rate among all minority groups in the second quarter of the year

July pending sales miss the mark, led by price growth

New national home sales figures released by the National Association of Realtors Aug. 29 continue to show a housing market that can’t keep pace with prior years of stellar performance. For the seventh month in a row, NAR reported

NAR: Majority of homes sold in July were on the market for less than a month

Existing home sales slowed slightly in July to the slowest pace in more than two years and represented the fifth straight month of declines, according to the latest report from the National Association of Realtors. But demand stayed steady

Single-family starts in 2017 were under pre-recession levels

There was an increase in single-family home starts in 2017 compared to the year prior, but the national average still fell short of normal levels seen before the recession. The 2017 Survey of Construction, released by the National Association

The reasons why millennials don’t own a home

Millennials have turned out to be the largest generation in history, but surprisingly, they make up the smallest percentage of U.S. homeowners among all generations. Although most millennials, those ages 18 to 34, have reached their peak homebuying years,

US housing data shows signs of market shift

A combination of findings detailed in recent housing market reports in major metropolitan markets, as well as nationally, has some analysts predicting more favorable conditions for buyers in the coming months. Jeff Lazerson, president of MortgageGrader.com and author of

Houston facing high mortgage delinquency rates post-Harvey

A new report from CoreLogic on mortgage delinquency rates nationwide found that although the U.S. overall recorded the lowest rate of outstanding mortgages with overdue payments since 2007, a select few states and metros like Houston and Miami saw

Houston waterfront homes keep their edge against national trends

Oceanfront homes, lakeside properties and even residences along the river tend to attract higher-than-average prices. However, according to a new report from Zillow’s research team, that premium on waterfront real estate has declined in recent years. Based on its

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