Trends

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MBA: Mortgage applications rise on lower rates 

Interest rates on mortgages of all types declined last week, spurring an uptick in borrowing, the Mortgage Bankers Association reported. 

How far will a $1,500 rent budget get you in Texas?

A $1,500 monthly rent budget will only get you so far in many of the biggest cities in the country. But how far can that same budget get you in Texas?

Is Houston still affordable?

According to a report from Builder Online, the answer is yes.

The top 10 most expensive new listings in Texas

Curious about luxury listings in the Lone Star State? Here are the top 10 most expensive new listings added to the Multiple Listing Service in the past month.

One-fifth of all Americans rent storage spaces — what that says about renters’ growing need for space

The need for more space is common among all self-storage users: 40% of survey respondents listed this as their primary reason for renting storage space.

NAR: Low inventory drives pending-home sales lower in March  

High demand drove multiple offers on about a third of pending sales, while 28% of homes sold above list price, the National Association of REALTORS® reported. 

March brings rise in single-family construction 

U.S. government data shows builders increased the pace of single-family home construction while slowing the pace of multifamily starts. 

NAHB: Builder confidence rose again in April 

The National Association of Home Builders/Wells Fargo Housing Market Index rose for the fourth month in a row in April as the construction industry remained “cautiously optimistic.”     

The 10 most expensive homes sold in greater Houston in March

The home on 3920 Inverness Drive was listed by Mike Mahlstedt of Compass RE Texas, LLC, while the buyer was represented by Walter Bering of Martha Turner Sotheby’s International Realty.

Houston’s generational shift in homeownership

Baby Boomers still own more Houston houses than any other generation — but five-year trends show that might be changing.

Mortgage rates decline for fourth consecutive week

This was the fourth week in a row of declines, leaving prospective buyers hopeful for sustained low rates throughout spring homebuying season.

Renovations that can boost your bottom line

One of the best ways sellers can make their home stand out in today’s market is by upgrading their space with luxury renovations and amenities.

Sizing up from a condo to a house in Houston

Condominium owners looking for more space, access to outdoor areas and increased distance from neighbors often consider a detached home to be a natural upgrade. But are these upsizing dreams actually attainable?

HAR: New listings on a ‘rollercoaster ride’

New listings have proven difficult to predict in the first 12 weeks of the year, according to the Houston Association of Realtors® latest Weekly Activity Snapshot.

Optimism for spring selling season grows with third monthly rise in pending sales 

The National Association of REALTORS® Pending Home Sales Index rose for the third month in a row, suggesting the housing market’s contraction could be “coming to an end.” 

Pace of annual home-price gains slows again in latest Case-Shiller

The S&P CoreLogic Case-Shiller U.S. National Home Price Index rose 3.8% year over year in January, compared to a 5.6% annual gain in December.

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