Trends
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Thanks to Houston Business Journal, in an interview with The Frankel Building Group, homeowners found that they can take a break from worrying over housing damage during a flooding rainfall. Homes built by the Frankel Building Group are designed on pier and beam foundations,
NAREB seeks to address barriers on both the borrowing and lending side of homeownership The National Association of Real Estate Brokers (NAREB) plans to launch a nationwide wealth building and homeownership initiative focused on African Americans. The initiative has a goal
Thanks to stagnant incomes, Millennials are still missing from the housing market Two million households headed by 25-to-34-year-olds are missing from the current housing market, according to new National Association of Homebuilders research. The NAHB arrived at that number
Fewer undocumented immigrants may lead to higher costs A decline in undocumented immigrants may be causing construction costs – and by proxy, home prices – to rise, according to the Zillow Home Price Expectations Survey. The survey asked 100
An uncertain economy and low inventory are bringing out conservative tendencies in sellers Home sellers may dial back prices a bit due to concerns over the economy, the low inventory and buyers being more selective in their home purchases, according to a new Redfin
The latest jobs report shows some silver linings for employment Last week, the Labor Department released its monthly jobs report with mostly positive news: unemployment fell below 5 percent in January, suggesting that even with the weak global economy and decreasing confidence
Higher interest rates may not be that big of a threat to housing’s future, after all With interest rates seeing their first increase since 2008, there is concern that the hike will harm the housing market either through harming
More underemployed college graduates work in the office sector than service One of the common beliefs about the current job market is the underemployed college graduate being forced to work as a barista, or another form of unskilled labor for
Some Americans think 2016 will offer more of the same for housing Earlier this week, we reported on a new realtor.com study, which featured a largely positive list of trends that will change heading into 2016. Trulia published their own survey of
The ins and outs of buyer traffic around the holidays It has been long been considered common knowledge that the buying craze of Black Friday does not extend to real estate, thanks to a lack of large savings for homes
Green construction is growing faster than conventional construction. It currently provides 2.3 million jobs and $55 million in residential construction spending, which is expected to grow by $45 million by 2018. The homebuyers driving that growth are becoming increasingly eco-conscious, and the National Association of
In a housing market pitted against the youngest generation, Houston remains affordable for Millennials. Although skyrocketing housing costs and limited space have kept Millennials from buying housing in popular metropolitan areas, Huston housing is still in the range of
Up until now, there has been very little information available about the LGBT community’s preferences in the real estate business. But for the first time, Better Homes and Gardens has released their LGBT Buyer and Seller Survey, which asked
Oil prices and new developments are pushing Houston builders to the city’s east side. In recent years, Houston’s single greatest economic influencer has pushed along development in the city: energy. Massive injections of jobs due to the consistently high
We all know that our housing market has quite a bit of value behind it, but what’s the big number that it all adds up to? We’ll cut straight to the big number – $350 billion. That’s the cumulative
Texas leads nation in annual inbound moves, and Houston leads Texas. Texas sits at the apex of geographic magnetism in the U.S., attracting thousands of new residents to the state each year like flecks of iron. According to Indiana-based