Trends

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Could the Mortgage Forgiveness Debt Relief Act Rise From the Dead?

Could we see a resurrection of the popular Mortgage Forgiveness Debt Relief Act, via Congressional action? When the Mortgage Forgiveness Debt Relief Act expired at the start of 2014, it ended one of the most popular Great Recession-era government programs. A

NAR: Pending Home Sales Fall Eighth Straight Month in February

The housing market continued to slow in February, according to NAR’s latest report. Pending home sales fell for the eight straight month in February, according to the latest numbers from the National Association of Realtors. The Pending Home Sales

Residential Construction in Houston Jumps 13% in February

We keep hearing about the nation’s residential construction market, but what about our local market? The nation’s residential construction market has been receiving (justly, we should add) quite a bit of attention from analysts and housing professionals alike, and

5 Interesting Takeaways From the New Home Sales Report

Everyone is reporting on February’s new home sales numbers, but what broader trends do the numbers reveal? You’ve surely seen the headlines by now: the sales of newly built single-family homes in February fell 3.3 percent from January, and

Texas Home Prices Solid as Ever in Latest Case-Shiller

It was a solid month for home prices in the Texas area, according to the latest Case-Shiller. January was an encouraging month for home prices in Texas, according to the latest Case-Shiller Home Price Indices from Standard & Poor’s. Though S&P

NAR: Existing-Home Sales Soften in Feb. to Lowest Level Since 2012

Existing-home sales continue to level out in February, according to the latest analysis by NAR. Existing-home sales continue to soften in February, falling 0.4 percent from January to February and 7.1 percent from Feb. 2013, according to the latest

Rated X – the 7 Things You Should Know About Gen X Homebuyers

What are the most important trends and details about Generation X, as it pertains to the housing market? For our second story on NAR’s Home Buyer and Seller Generational Trends report, we’re looking at the one generation that is rated

How Does Growing Inequality Affect the Housing Market?

Economic inequality is surging just about everywhere; how could that impact the local housing market? Income inequality has become a major news item in recent months, and for good reason – by almost every economic measure, inequality has increased

The 4 Things You Should Know About the ‘Post’ Generation

They’re called the “Post” generation and “Generation Z,” but they mean big things for the country in the coming decades. Here at Houston Agent, we report often on the Millennial Generation, and for good reason: at 80 million strong, Millennials

New Home Construction Slips a Bit in February

The nation’s construction sector continued to bump along in February, with all measures putting out lukewarm numbers. Another month, another around of lackluster construction numbers from the U.S. Census Bureau. According to the Bureau’s latest report, housing starts were

How Do Buyers’ New Home Preferences Differ by Ethnicity?

Many factors influence homebuyer preferences when looking at newly built homes, including their ethnicity. When looking at preferences among the buyers of newly built single-family homes, how do those preferences differ when looking at the buyers’ ethnicity? According to

NAHB: Builder Confidence Inches Higher in March

Builder confidence stabilized in March after experiencing its worst month in sometime in February. After a horrid month that saw builder confidence fall to its lowest level in 12 months, the NAHB’s Housing Market Index stabilized in March. The

7 Very Important Details About Millennial Homebuyers

Millennial homebuyers will be the next great source of housing demand; what traits set them apart from other generations? The National Association of Realtors’ Home Buyer and Seller Generational Trends report is among the more detailed homebuyer surveys out there,

Time on Market in Houston Down 11.11%

Median time on market was way out of whack during the years of the downturn; has it finally turned the corner? Time on market has been among the most oft-watched measures of the housing recovery, and new numbers from

4 Ways First-Time Homebuyers are Losing Ground

Threatening to halt any progress the market made in recent years is the fact that first-time homebuyers are struggling mightily. In fact, the National Association of Realtors (NAR) recently reported that first-time homebuyers possess the lowest market share the

Price Per Square Foot in Houston Leaps 22.40% in February

Property values in Houston continued to increase markedly in February, according to the latest numbers. Home values have been rising steadily in many metropolitan housing markets, but did that progress end in February? Take a look at our graph,

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