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Residential construction is gaining ground in many metropolitan areas in the U.S. Unfortunately, not everyone did so well in June. McGraw-Hill released its June construction report this week, and the news confirmed more of what’s been taking place in Houston all year: construction
Though the month-to-month data was flat, construction spending remained in positive territory in 2014. Construction spending in June maintained its strong growth from 2013, according to the latest report from the Census Bureau. Though overall construction spending was down
The supply of newly built single-family homes remains quite low; why is that? #172260605 / gettyimages.com Last week, we reported on the lackluster new home sales report, which found that sales of newly built single-family homes fell by 8.1
Almost seven years after the collapsing of the housing bubble, and CoreLogic says the nation is recovery swiftly – maybe too swiftly, in fact. On Thursday, CoreLogic released its June National Foreclosure report, which showed minimal but steady year-over-year
Media outlets the industry over are reporting on the Commerce Department latest homeownership report, but is the data reliable? The coverage was quite widespread – earlier this week, the Commerce Department reported that the homeownership rate in the U.S. hit
More and more buyers and sellers are starting their home search online, which means having an effective online presence is more important than ever. #157305213 / gettyimages.com Marketing has always been a crucial part of establishing an effective real
A recent analysis from Goldman Sachs revealed that despite loosening standards, securing a mortgage is still a considerable challenge. #142900667 / gettyimages.com In the wake of the housing bubble collapse and the subsequent economic downturn, concerned homebuyers and professionals
After three solid months, pending home sales took a step back, according to NAR’s latest analysis. The Pending Home Sales Index, NAR’s measurement of contract signings for existing-home sales, fell 1.1 percent from May to June and 7.3 percent
The good news continued for Texas home prices, according to the latest Case-Shiller. Home prices in the Lone Star State continued their ascent through May, according to the latest Case-Shiller Home Price Indices from Standard & Poor’s. Amazingly, S&P does not
We all know that foreign homebuyers operate in different ways than U.S.-born consumers, but how do they ultimately choose their agent? #109724973 / gettyimages.com Earlier this week, we reported that international home sales in the U.S. soared from 2013 to
The Zillow/Trulia merger could mean serious alterations to how agents and consumers interact. After a weekend filled with rumor and speculation, news dropped this morning that Zillow will indeed acquire Trulia for a cool $3.5 billion, creating by far the
June proved a very rough month for new home sales, but how bad are things, really, for the beleaguered homebuilding sector? #162748979 / gettyimages.com The headlines sure are negative – at a seasonally adjusted annual rate of 406,000, the sales
Despite improve racial equality by leaps and bounds, the U.S. housing market continues to struggle with racial disparities. #157169491 / gettyimages.com Through much adversity, African Americans have made considerable strides towards equality in the U.S. However, barriers to homeownership,
Existing-home sales were up in June, which bode well for the market, but construction and low wages remain barriers to full recovery. #187462241 / gettyimages.com The third quarter of 2014 is already churning out good news for the housing
All-cash sales still remain quite prevalent in the U.S. housing market, especially here at home. #463245891 / gettyimages.com A hefty 34 percent of home sales in the Houston area were all-cash transactions in April, according to exclusive analysis from CoreLogic, the
What good signs lie beyond the horizon for housing in 2014’s second half? Using analysis from a recent Redfin report, we put together the following