Trends

Fewer first-time homebuyers in Texas

First-time homebuyers made up less than a quarter of all buyers during the time period from July 2021 to June 2022. That’s down from 32% a year ago 39% a decade ago.

How far will a $1,500 rent budget get you in Texas?

A $1,500 monthly rent budget will only get you so far in many of the biggest cities in the country. But how far can that same budget get you in Texas?

Is Houston still affordable?

According to a report from Builder Online, the answer is yes.

One-fifth of all Americans rent storage spaces — what that says about renters’ growing need for space

The need for more space is common among all self-storage users: 40% of survey respondents listed this as their primary reason for renting storage space.

Houston’s generational shift in homeownership

Baby Boomers still own more Houston houses than any other generation — but five-year trends show that might be changing.

Renovations that can boost your bottom line

One of the best ways sellers can make their home stand out in today’s market is by upgrading their space with luxury renovations and amenities.

Redfin: Seller concessions on the rise again

Increased mortgage rates have sidelined many would-be buyers, allowing inventory levels to increase. As a result, buyers can now “shop around” more than during the peak of the pandemic, putting the burden of concessions back on sellers.

Houston among top metros for relocation

Houston is one of the most popular places to move to — or, at least the most popular places to think about moving to, according to a new analysis from Redfin.

While homebuying season may feel calmer, Zillow says expect competition

According to a new analysis from Zillow, there will still be competition for affordably-priced houses this homebuying season.

Dallas, Austin and Houston among the best cities for multifamily investment

Three Texas metros have been named among the best cities in the U.S. for multifamily real estate investment in the first half of 2023, according to CONTI Capital.

Multigenerational homebuying nears all-time high

Multigenerational homes are defined by NAR as homes where families live under the same roof with grandparents, adult children or other extended family members.

Decreasing mortgage rates mean buyers and sellers are returning to the market

Homebuyers can now afford $400,000 homes with $2,500 monthly budgets for the first time in four months, according to a new report from Redfin.

Houston one of the most expensive cities for singles to live

Rental website RentHop has updated its list of the least affordable cities for singles — and the Bayou City has risen in the ranks.

Homeownership still a top priority among consumers, survey finds

Current real estate market conditions have not discouraged buyers from their plans of homeownership, according to a new survey from RE/MAX.

States that saw the most pandemic-era growth are now leading in price reductions

A report from Realtor.com shows that many areas that experienced substantial growth during the pandemic are now posting some of the country’s steepest price reductions.

Redfin report shows record-high new construction inventory

A report from Redfin shows that 29% of single-family homes for sale in the U.S. were new constructions in the third quarter of 2022.

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