Trends

For data-driven stories, to appear under “Trends” menu

Houston’s Low Inventory Gets a Leg Up from Increased Construction Spending

Construction spending rises and falls throughout the country, helping and hindering markets struggling to refill dwindling inventories. Construction spending was up this past October, according to recently released figures from the U.S. Census Bureau. The increases, which amount to

How Qualifying Incomes Are Quite Reasonable in Houston

At the end of the day, how much income do consumers need to qualify for certain mortgages in our housing market? In our most recent analysis of housing affordability, we looked at what percentage of our housing market’s inventory

Multifamily/Single-Family Construction Post Sizable 2014 Increases

Though overall construction is mostly flat from last year, both single family and multifamily are putting up some encouraging numbers. Residential construction spending was up just 1.3 percent from September to October and 1.8 percent from Oct. 2013, rising

CoreLogic Report: What Price Appreciation Says About Our National Economy

Stable, moderate price appreciation may tell a much larger economic story.   Though the pace of home sales has slowed throughout much of the nation, year-over-year price gains remain healthy, increasing in October yet again, making 32 months of

5 Surprising Trends on How Homebuyers are Financing their Purchases

There’s very little that’s conventional in terms of how homebuyers today finance their purchases, as 2014 draws to a close. In our most recent story on NAR’s 2014 Profile of Home Buyers and Sellers, we looked at how consumers

NAR’s Pending Home Sales Report Tells a Bigger Story

Contract signings are down late in the year but still above average. The latest Pending Home Sales Index report from the National Association of Realtors showed a slight dip in pending home sales in October. Still, levels remain healthy

The Most Worrying Economic Trend for the Housing Market

One aspect of the economic recovery could haunt the housing market far beyond its current cycle. Seven million is a big number, and unfortunately –for both the housing market and the wider economy – it’s attached to a remnant of the Great

Newly Built Homes are 50% More Expensive Than in 2010

Everybody wants a new home, but fewer people will be able to afford them at this rate. Newly built single-family homes are extremely expensive. That was the big takeaway from the latest new home sales report from the Census

If Homebuilding is Flat, Why are Builders So Darn Confident?

It would appear to be a glaring contradiction in the nation’s housing market, but a bit of flip-side thinking immediately clears things up. The HMI, the NAHB’s measurement of builder confidence, rose yet again this month, jumping four points

Texas Home Prices Defy National Trends in Latest Case-Shiller

While home prices slow nationwide, they just keep on increasing in our metro area. Exceeding expectations was the name of the game for home prices in the Texas housing market. In Dallas, home prices in September rose 7.4 percent year-over-year and 0.3 percent

Forget Home Sales – This is Housing’s Most Encouraging Trend

Sure, existing-home sales were up, but there was another side of NAR’s report that suggested even better things for housing. Last week, the National Association of Realtors announced that existing-home sales in October posted their first yearly increase in

Auction.com/Google’s First NowCast Predicts Strong Nov. Market, though Challenges Remain

Google’s first foray into housing data has yielded some encouraging – albeit sobering – numbers for the housing recovery. Earlier this month, we reported that Google and Auction.com were diving head-first into the real estate data game with NowCast,

How Homebuyers Search for Their Homes – 4 Important Trends

The manner in which prospective homebuyers search for residences suggests very interesting things about the housing market. About a month ago, we reported on what has been a radical upheaval to how real estate functions: 43 percent of homebuyers

New Construction Falls in October on Volatile Multifamily Sector

As has been the case for some time now, the residential construction market rose and fell on the strength of multifamily housing. Residential construction saw disappointing numbers in October, and as has been the case during the whole housing

Is Houston Less Affordable For the Middle Class than Previously Thought?

The term “affordability” is thrown around quite a bit, but when it concerns the middle class, the scenario is all the more interesting. According to a detailed new report from Trulia, 46 percent of the Houston area’s housing stock is affordable

Banks Take on Weighted Risk for Heavy Lending

Looking for a good mortgage rate? All you need is good credit and a lot of money. In recent years, expectant homebuyers vying for a good mortgage rate have faced dire odds as once loose lending standards continue tightening

Oops! We could not locate your form.