Trends

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Have we hit the bottom on consumer confidence?

A new report anticipates that declining consumer confidence could lead to reduced spending.

Houston falls behind nation with 2.4% decrease in prices

Luxury home prices listed on Redfin rose 1.2% in early summer, according to a new report.

Demand growing for Houston suburbs

Will urban decentralization support suburban property values? See what one Houston valuation firm has to say.

Best. Month. Ever. July home sales beat out 2019 by nearly 9%

Nationwide, the rebound is in full swing with sales experiencing their best month in the history of RE/MAX’s National Housing Report.

Another banner month for homebuilding

New housing starts numbers suggest that if you can’t buy it, then build it, according to one economist.

The future is in single-family built-for-rentals, according to a new report

A new report from RCLCO says the single-family rental market is likely be undersupplied over the next 10 years, presenting a strong opportunity for investors, builders and developers to create new rental home communities.

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.

Bigger is better in coronavirus era, but buyers also want affordable

Homebuyers in Houston want bigger homes with more personal space.

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.

Houston has lower millennial homeownership rate than national average

Report finds higher cost of living, average median earnings.

Consumer confidence around home buying has increased during COVID-19

A survey conducted by Meyers Research shows that homebuyer confidence has actually increased during the pandemic; what’s changed is where people want to live.

Houston ranked 35th most expensive city for housing

RealtyHop asks whether homeownership is affordable for the average family? See how Houston did.

Two months in a row for improved pending home sales

Contract activity up over last year “remarkable,” according to NAR chief economist.

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

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

The new pandemic escapism is online home shopping

Now might be a good time for brokers to make sure their online assets are in order, according to a new report from Today.

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