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The average American spends roughly $1,700 on their monthly rent, according to a new report from RentCafe.
The only region of the U.S. that didn’t experience an annual decline in existing home sales was the Midwest, where sales were unchanged year over year.
Detached single-family homes remained the most popular type of housing, making up 79% of all home purchases during the past year.
Only 35% of Houston-area households could afford a median-priced home during the third quarter of the year. That’s the lowest housing affordability has been in Houston since 2012.
In Houston, 47% of millennials moved out of their parental home in the past five years, with 19% still stuck at home.
The agent with the most $1 million-plus listings was Laura Sweeney of COMPASS RE Texas, who accomplished a sales volume of over $71.8 million across 19 transactions.
Home sales are heating up in several key Houston neighborhoods, according to HAR’s report of the Hottest Communities in the Houston Area.
Houston still has a ways to go in recovering from the Covid-19 pandemic, according to a report from the University of Toronto.
The median price of a new home sold during the month fell to $418,800 from $433,100 in August, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.
The median existing-home price for all housing types in September was $394,300, up 2.8% from $383,500 in September 2022.
Specifically, single-family homes were built at a seasonally adjusted annual rate of 963,000, up 3.2% from 933,000 in August and up 8.6% from 887,000 a year earlier, according to government figures.
Brutalist style and sensory gardens may seem at odds — but they are both hot home design trends that will rule 2024. At least, according to new predictions from Zillow.
A 15% rise in applications for adjustable-rate mortgages drove overall mortgage applications higher in the most recent weekly survey.
Housing affordability has worsened in many parts of the country as wages fail to grow at the same pace as home prices — but Harris County is one area where wage increases are outpacing price increases.
Here are the priciest new listings for sale in The Lone Star State, all posted to the Multiple Listing Service within the past 30 days.
Point2Homes analyzed listings in every U.S. state and Washington, D.C. to determine the most expensive home for sale in each.