Trends

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NAR: Existing-Home Sales in Feb at Highest Level in 3 Years

The news was uniformly positive in NAR’s latest existing-sales report, with sales and prices rising but what about housing inventory? Existing-home sales rose 10.2 percent in February year-over-year, while median price was up 11.6 percent according to the latest report

Houston Real Estate Steady as Ever in February

Houston’s real estate market showed no signs of slowing down in February, with home sales, home prices and inventory remaining competitive as ever. Homebuyers remained an active bunch in the Houston real estate market in February, pushing home sales

Is Owning Really Cheaper than Renting in Houston?

Home prices may be rising at a rapid rate, but they’ve done little to minimize the financial appeal of homeownership, according to a new study from Trulia. Trulia released its Winter 2013 Rents vs. Buy Report earlier today, and

Homebuilder Growing Pains – Why Builder Confidence is Slowing Down

For the third straight month, builder confidence, as measured by the NAHB, has stalled; should we be worried about homebuilding in 2013? Builder confidence for the newly built, single-family home market waned yet again in March, with the National Association

The 3 Things Millennials Want in a Home

Millennials represent the new frontier for homeownership, and a new survey from BHG offers some key insights in what kinds of homes they’ll be looking for. Millennials, the current wing of the U.S. population that is roughly composed of

3 Great Things Going on in New Construction

The Census Bureau’s latest new construction stats for February were awash with positivity, with building permits, housing starts and completions all up. It’s that time of the month again, when the U.S. Census Bureau releases the latest stats on

When Will Housing Inventory Stop Falling?

Housing inventory has fallen at a precipitous rate, but could relief finally be approaching? New research from Zillow suggests it just might. There are currently two universally acknowledged truths about the U.S. housing market – one, that the market

Busting 3 Homeownership Myths

In the wake of the housing crisis, some nasty myths regarding homeownership had been making the rounds, but they’re just that – myths. During the economic downturn, the concept of homeownership endured quite a bit of mudslinging from numerous

Are the Foreclosure Markets Improving?

RealtyTrac’s latest analysis of the U.S. foreclosure markets found many positive developments, though there still remains work to be done. The foreclosure markets continued their slow, steady improvement in the latest U.S. Foreclosure Market Report from RealtyTrac, though foreclosure

What Homebuyers Want in Their New Home, Pt. 2

NAR’s 2013 Profile of Buyers’ Home Feature Preferences features plenty of details on what homebuyers want in new homes – and how much they’ll pay for them. The National Association of Realtors’ 2013 Profile of Buyers’ Home Feature Preferences is one

Houston No. 3 in ‘Flash Sales’ Market in U.S.

“Flash sales,” homes that sell in 24 hours or less, have taken serious hold in a select number of markets throughout the U.S. – Houston among them! According to new research from Redfin, a most unusual phenomenon is currently

Know What Buyers REALLY Want?

What do homebuyers really want? The answer, the NAHB discovered, depends in large part on what kind of home that buyers are looking for. The National Association of Home Builders (NAHB) recently conducted a consumer survey to find out

What Homebuyers Want in Their New Home, Pt. 1

NAR’s 2013 Profile of Buyers’ Home Feature Preferences has detailed, with impressive specificity, what homebuyers want in their new homes. Understanding key real estate trends is important, and what amenities, preferences and features today’s homebuyers are pursuing in new

Okay, Really: How Affordable is Houston’s Housing Market?

Though today, many housing markets are considered “affordable,” how does our fine city compare to the nation’s most affordable housing markets? Housing affordability is a major selling point for any housing market. After all, if you’re going to succeed

Agents Feeling the Recovery with Confidence

News for the housing market has been uniformly positive since the dawn of the New Year, and an ActiveRain survey finds that optimism has spread to agents. Real estate agents have been a strangely absent component when it comes

The Insane Cost of International Real Estate

You may think real estate in your market is pricey, but new research from Knight Frank finds that with one exception, the U.S. has got nothing on the International real estate scene. The real estate market in New York

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