NAR survey: Buyers want home offices, yards and larger residences

The weekly flash survey by the National Association of Realtors shows that buyers are looking for different features post-COVID-19.

How buyers are financing their homes

Across the country, both home prices and demand for homes grew in 2017, driven by low inventory. As supply and affordability can be a hurdle for some homebuyers, many are still optimistic about their ability to receive financing even

Why do we argue with our neighbors?

Are you new to your neighborhood and looking to make friends? It may not be as easy as it used to be. According to a new survey, 40 percent of Americans avoid their neighbors altogether. The survey also reveals that

Houston construction caps off 2016 in disappointing fashion

The Houston new construction market concluded 2016 in underwhelming fashion, according to research from Dodge Data & Analytics. In December, Houston saw more than $564 million in total residential construction spending, which is a 12 percent decline from Nov. 2015. Moreover, year-to-date construction spending, which

Why are so many home sales failing to close in Houston?

Deals to sell homes failed at a much higher rate in 2016 than in 2015, and that was true here in Houston. That was the finding of a striking new report from Trulia, which computed the number of pending

The no. 1 reason why so few Millennials are buying homes in Houston

For years, agents and analysts alike have wondered why so few Millennials are buying homes, but a new analysis of Census data has provided a remarkably straightforward answer – they’re all living at home with their parents, and at

Houston new construction continues to shrink

The Houston new construction market continues to sag, according to research from Dodge Data & Analytics. In November, Houston saw more than $601 million in total residential construction spending, and year-to-date, spending tops out at $8.310 billion. Those numbers are among

5 incredible ways homeownership has changed during the housing recovery

When the U.S. housing bubble peaked in 2004 and 2005, the market seemed to be in grand shape: the homeownership rate was 69 percent; the Case-Shiller National Home Price Index was 184.4, a 135.5 percent increase from 1994; and

The secret reason behind housing’s inventory shortage

When it comes to the housing market’s ever-worsening inventory situation, one factor receives an outsized share of the blame – the historically low levels of home construction. Although the explanations for construction’s low volume differ – NAR has consistently argued that builders

Study: Houston-area starter homes becoming more difficult to attain

Starter homes in the Houston area remain relatively affordable, but they are slipping out of reach for many consumers. That was the finding of a very interesting new study from Trulia, which assessed the status of starter homes in

Do not worry – rising mortgage rates are not the end of the world

The news sounds bad: mortgage rates have risen aggressively since the presidential election, and are now at their highest level since July 2015; for the first week in December, rates posted the largest weekly jump since 2013; and the Federal

Houston’s new construction market returns to life in spectacular fashion

The Houston new construction market showed welcome signs of life last month, according to research from Dodge Data & Analytics. In October, Houston saw more than $895 million in total residential construction spending, a most welcome 20 percent increase from Oct. 2015. However, year-to-date construction spending

The 3 trends that will define housing’s future

The cliche goes that the devil is in the details, and in no sector of the economy is that adage more appropriate than housing, where many slow moving, nearly imperceptible trends gather momentum outside the mainstream’s gaze – and then 20

The savings gap – why fewer Americans can buy homes

According to the 2016 Profile of Buyers and Sellers from the National Association of Realtors, 61 percent of all homebuyers used their savings to cover their down payment, while among first-time buyers, the share was even higher at 76

The 7 things your buyer clients are looking for in homes

There are many things a homebuyer considers when looking through the stock of available residences. New or used? Single family or condo? Near or far? Helping us sift through those options is NAR’s 2016 Profile of Home Buyers and

Mortgage denial rates remain shockingly unequal across racial lines

The mortgage denial disparity remains as wide as ever across racial lines, and it’s pronounced here in Houston, according to new Zillow analysis of Home Mortgage Disclosure Act data. The numbers are hardly encouraging: although mortgage applicants in the Bayou City are denied

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