Trends

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5 Reasons Real Estate Rocked in Houston in 2013

2013 was a banner year for real estate in Houston, and we’ve collected five of the most impressive reasons why. Here’s some shocking news for you – Houston’s real estate market was quite strong in December! According to the

RealtyTrac: Houston Foreclosure Filings Down 32% in December

Houston continues to make progress with its foreclosure markets, according to new analysis by RealtyTrac. In December, foreclosure filings in Houston were up 12 percent from November but down 32 percent year-over-year, according to the latest numbers from RealtyTrac.

6 Nuances to the Latest New Construction Numbers

The year of 2013 was a promising one for new residential construction, though there remains considerable room for improvement. We’ll start with the good news: housing starts in the U.S. were up 18.3 percent year-over-year in 2013 and building

NAHB: Builder Confidence Dips Slightly in January

Homebuilder confidence declined a smidgen in January, though it remained in positive territory. Builder confidence for the newly built, single-family home market declined a single point from 57 to 56 in January, according to the latest Housing Market Index

How Have the Cost & Price of New Homes Changed?

The costs and prices of newly built single-family homes are hardly static, the data shows. Last week, we reported that a newly built single-family home in 2013 cost $399,532 to homebuyers, and we looked at the seven components of

Movoto: Houston Housing Inventory Down 19% in 2013

Housing inventory in Houston continued it’s descent, according to the latest analysis. Though housing inventory remains low by historical standards, 2013 was the turning point, the year that inventory bottomed and housing marched forward into positive territory. At least,

What Percentage of Real Estate Agents are Homeowners?

Real estate agents may sell housing for a living, but how many of them are actually homeowners in their own right? Real estate agents argue on a daily basis for the merits of homeownership, but how many of those

Property Values in Houston Spike 14.7% in 2013

We all know that home prices are on the rise, but what about property values and price per square foot? Earlier this week, we reported rather optimistically on home prices, and for good reason – according to the latest

What Percentage of Houston’s Home Sales are All-Cash?

All-cash sales have become increasingly prevalent in the post-boom marketplace, but how common are they here in our metro area? All-cash financing has become one of the most notable developments of the post-boom housing markets, with homes being purchased

CoreLogic: Foreclosure Inventory in Houston Down 18%

The nation’s foreclosure marketplace continued to improve, according to the latest analysis from CoreLogic. We recently reported that Houston has the healthiest mortgage market in the nation, and CoreLogic’s latest National Foreclosure Report did little to contradict that statement. Foreclosure inventory

Trulia: Asking Prices in Houston Rise 14.9% in 2013

Houston capped off a sterling year of real estate in 2013 with Trulia’s latest Price and Rent Monitors. Asking prices in Houston ended 2013 on a high note, according to the latest Price Monitor from real estate website Trulia, with the

Rents in Houston Increase 4.2% in Fourth Quarter

The rental markets have been surging in recent years, but did that stellar performance continue into 2013’s fourth quarter? Reis Senior Economist Ryan Severino put it best in comments accompanying the firm’s Q4 2013 Trends report for the nation’s

The 7 Elements of a New Single-Family Home’s Price

We all know that many things go into building a home, but how much do they actually contribute to the home’s listing price? Profit. Land. Construction. Commission. Oh yes, we’re talking single-family home construction. The National Association of Home

CoreLogic: Houston Home Prices Up 10.7%

November was a very encouraging month for Houston real estate, according to the latest analysis from CoreLogic. Home prices in the Houston area posted typically strong numbers in November, according to the latest Home Price Index from research firm CoreLogic. For

Residential Construction in Houston Tops $591 Million

What were the busiest residential construction markets in November? We analyze the latest data to find out. Residential construction in Houston maintained its towering stature in November, with construction in the Bayou City topping $591 million, according to the

Pending Home Sales Edge Up in November – Good Sign?

Pending home sales stabilized in November, but what does that tell us about the broader housing market? Pending home sales in November inched up 0.2 percent from October, according to the latest Pending Home Sales Index from the National

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