Trends

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Report Shows Houston Foreclosures Down Significantly

Houston continues to flourish in the wake of the crisis. In January 2013, Houston foreclosure and 90-plus day delinquency rates were nearly one point above what they are today, confirmed CoreLogic in its latest report. Over the past 18

CoreLogic: Home Price Gains Slow And It’s a Good Thing

While home prices continued increasing in August, their pace slowed. Here’s why it’s a good thing… While 2013 was a year of continued turmoil for the nation’s housing market, this year is proving to be the industry’s growing period,

CoreLogic: Foreclosure Rates Continue to Fall

CoreLogic report outlines the country’s foreclosure progress, and it looks promising. The national foreclosure inventory continues to dwindle. However, we’re more than five years removed and rates remain well above normal, pre-crisis levels, according CoreLogic’s most recent foreclosure report.

4 Reasons Builders are Building Bigger

Americans everywhere are tightening their belts, but still our houses are getting bigger. Why? Considering the realities of today’s housing market – that the empty nester population is growing and environmental sustainability is more and more dictating the direction

Houston’s Rental Market Continues Strong Performance in 2014

Our city’s rental markets have performed quite well in recent years, and 2014 seems to be no exception. The average rent in Houston in 2014’s third quarter was $849, a 1.5 percent increase from the second quarter and a 4.6 percent

Average Down Payment in Houston Nearly $44,000

How does the down payment in Houston compare with other metro areas? According to analysis from LendingTree, the average down payment in Houston is 16.98 percent of the mortgage, which comes out to $43,775. How does this compare with

Residential Construction in Houston Positive in 2014

Construction is the residential sphere is keeping pace in Houston in 2014 According to the latest numbers from the Census Bureau, residential construction spending in August was at a seasonally adjusted annual rate of $351.7 billion, down 0.1 percent

Housing Debt Hurting Older Americans

Older Americans are carrying their housing debt later into life, and as a result, they’re struggling financially. A lot of attention has been given to student loan debt lately, particularly in regards to the impact it’s having on young

Are Houston Home Prices Nearing Bubble Territory?

The term “bubble” gets thrown around often nowadays, but does data support such statements? The great housing bubble of 2001 to 2008 was a mammoth economic event, one that pulled the housing market through a verifiable roller coast ride and

5 Important Details Concerning Millennials and Homeownership

Though things are tough right now for Millennials, agents should definitely keep them on their immediate housing radar. It’s not easy being a Millennial. As we’re reported recently, the Millennial generation is still the home-bound generation, with many a

News Corp to Purchase Move, Inc. in Blockbuster $950 Million Deal

First it was Zillow’s acquisition of Trulia, and now News Corp has thrown its hat in the ring in acquiring Move, Inc. In a fairly volcanic move into the real estate syndication business, News Corp – the massive media

Texas Home Prices Remain Positive in New Case-Shiller

Home prices remained positive in the latest Case-Shiller, though they exhibited definite signs of easing. Home prices in the Dallas region were up 0.8 percent monthly and 7.4 percent year-over-year in Standard & Poor’s latest Case-Shiller Home Price Indices, with

Pending Home Sales Slow a Tad in August

The decline was not substantial, but pending contracts definitely slowed down in August. Pending home sales fell 1.0 percent in from July to August, and are down 2.2 percent from where they were in 2013. Those were the main

Six Reasons Everyone Is Moving to Houston

Having avoided much of the housing crisis, Houston is quickly becoming America’s favorite moving destination. The nation is in the midst of recovery. However, as many metros struggle to regain the solid footing they once took for granted, Houston,

4 Essential Facts About Today’s Mortgage Markets

There has been undeniable progress in the mortgage markets, but the effects of the recession still linger. Earlier this week, the Federal Reserve released a bevy of mortgage data from 2013, and it came with a screaming good headline

Ballooning Prices Help Homeowners Regain Equity

American homeowners are finding that rising home prices are helping them reclaim some of the equity lost during the housing crisis, CoreLogic reports. The value of homes, since the bursting of the housing bubble in 2007, have been struggling

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