Trends

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High housing costs dampen homebuyer demand

Those looking to buy a house will be paying a premium as inventory continues to be an issue.

One in five millennials think they’ll never own a home

Eighteen percent of millennials — approximately one in five — believe they will never become a homeowner, according to a recent survey from Redfin.

Three of the fastest-growing college towns are in Texas

BrokeScholar examined population growth in 150 U.S. “college towns” — defined as cities with at least one major public or private university.

The 10 most expensive new listings in Texas

Luxury homes in the Dallas-Fort Worth area make up a majority of the priciest new listings from the past month.

NAR: Pending-home sales post second monthly increase in a row 

Pending transactions were in negative territory for most of this year, so the recent increases could bode well for future activity. 

Case-Shiller: Home-price index just 0.02% off 2022 peak

A fifth consecutive month of increases in the S&P CoreLogic Case-Shiller U.S. National Home Price Index suggests the housing market recovery that began earlier this year is likely to continue. 

‘Collapse’ of housing inventory drives price rebound 

Two weeks after housing inventory turned negative, home prices posted a healthy increase, MarketNsight said. 

Half of all buyers are first-timers in 2023

First-timers made up 45% of buyers in 2022 and 37% in 2021.

Over 90,000 apartments in Houston’s construction pipeline

Over 90,000 apartments could join the Houston housing market, according to the Q2 2023 Construction Pipeline report from Berkadia.

NAR: Existing-home sales decline as median price remains above $400,000 

High mortgage rates and limited inventory continued to weigh on sales activity, National Association of REALTORS®Chief Economist Lawrence Yun said. 

Texas is home to four of the country’s fastest-warming cities

A new report from moveBuddha shows that the typical buyer isn’t yet factoring in climate-related risks when deciding where to live.

Housing starts rebound in July after June slump 

Single-family home permits and completions, meanwhile, also rose, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

The 10 most expensive homes sold in greater Houston in July

Realtors from Compass RE Texas top the list of the most expensive homes sold in greater Houston during July, both as listing agents and buyer agents.

Can these boomtowns accommodate their new residents?

Experts predict that Houston will be one of the most populated places in America by 2100. But can the metro actually handle all that growth?

The California-to-Texas migration isn’t slowing down

Over 100,000 Californians made the move to Texas in 2021 — that translates to roughly 300 new Texans on a daily basis.

These Texas cities are the best for renter families

The Dallas-area city of Plano ranked at No. 1 on RentCafe’s list — only 8% of children in the metro live under the poverty line, one of the lowest proportions in the nation.

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