By the Numbers

Nearly a third of Houston homes face bidding wars

For the ninth month in a row, Redfin is reporting more than half the homes offered by their agents are facing competition at 56%.

CoreLogic: Houston home prices surging

Home construction continued to surge across the nation, which reflected the projection that new homes will help moderate price growth over the next 12 months.

Zombie property rate down — for now at least

Areas hit hard by the pandemic could see a wave of zombie properties once the federal ban on foreclosures expires.

Mortgage fraud drops dramatically in Q2

A new report from CoreLogic shows that record-low interest rates and a spike in lower-risk refinance originations have driven the trend.

Expect fall price gains, but 2021 could see a cooling market

The new S&P CoreLogic Case-Shiller Home Price Index reveals record-breaking August for home sales, up 21% over the 2006 pre-Great Recession high.

First American: Homesellers playing ‘musical chairs’

Homesellers continued to sell homes to each other in September, making the market resemble a game of ‘housing musical chairs,’ according to First American chief economist Mark Fleming.

Is the flight to the suburbs a myth?

“Increasing house price appreciation in suburban zip codes points to higher demand relative to supply in the suburbs but does not necessarily indicate what’s fueling the demand,” the study notes. 

Houston homebuyers rush to the suburbs

“Based on the rising popularity of the burbs, some buyers might think they can catch a break by searching in the city, but unfortunately that’s not the case,” realtor.com Chief Economist Danielle Hale said.

Southern home sales jump 27.6% in July

Nationwide sales of new single-family homes were at a seasonally adjusted rate of 901,000, up 13.9% from last month and 36.3% higher than July 2019.

Texas cities becoming destination for buyers looking for change

Austin and Dallas are becoming big destination cities for those looking to relocate. Could Houston be next?

Houston real estate recovery among the best in the nation

New listings back above pre-COVID-19 levels nationwide but still down from the previous year, according to realtor.com.

Nation’s residences increase in equity in second quarter

ATTOM Data Solutions’ report of increased equity in residences across the country could be good news for the nation’s ability to absorb potential wave of foreclosures.

Unemployment drops again, but long road to recovery remains

Nearly two million jobs were restored in July, as the economy struggles to return to pre-pandemic levels.

Newly pending sales in Houston up 9.2% in mid-July

Zillow reports that homes typically went under contract in two weeks.

NAR: Existing-home sales bounce back in June

See how the South did last month compared to the rest of the nation.

Houston real estate recovery headed in the right direction

“Markets with stronger job creation pre-COVID are proving to have the crucial edge for real estate activity, particularly those with a strong technology sector.” — Javier Vivas, director of economic research for Realtor.com

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