Just how dramatic has housing shifted towards rentals, in the last seven years? Fifty-four percent of Houston residents now live in rental housing, up from 50 percent in 2006 and 41 percent in 1970; as if that weren’t enough, the renter

Houston is a booming market, but available homes are struggling to match demand, helping Cy-Fair emerge as a premier destination. Around the country, markets are normalizing, blurring the lines of favor to keep buyers and sellers on an even

In 2014, just as in the years before, Americas are on the move to the many destinations that our nation has to offers. According to data compiled by Penske Truck Rental, do-it-yourself movers are consistently moving to the warm and

Houston had a hot 2014, but builders are predicting steep declines in the months ahead. Houston is at a crossroads. Oil prices have fallen to astounding levels; inventory is on a slow, downward roll; pending sales are declining by

CoreLogic report shows widespread drops in cash sales. Cash sales continued to drop in November, according to a new report from CoreLogic, which found an increasingly significant portion of all-cash buyers leaving the market, particularly investors. Ebbing closer to

Off to a good year, sales and prices in Houston are up, but a shrinking inventory could pose problems. Coming into 2015, Houston is on pace to break records, with strong sales and prices persisting, according to a new

Minority groups have a harder time accessing mortgages in the U.S., including here in Houston. In the Houston metro area, 19.6 percent of African-Americans are denied in their applications for conventional mortgages, according to a new analysis from Zillow; that’s more

Foreclosure activity in 2014 ended well, but pockets remain in dire straights. To cap off 2014, the national foreclosure inventory continued deflating, falling a staggering 34 percent year-over-year, according to CoreLogic’s newest foreclosure report. As of December, the nation’s

Houston continued to set the world on fire with its rise in asking prices Asking prices in Houston began 2015 on a soaring note, according to the Trulia Price Monitor. Prices were up 13.8 percent year-over-year in January, and a similarly strong 5.2

An influx of demand to Houston’s rapidly growing housing market has helped push values upwards. However, not without also raising property taxes. Coming out of the housing crisis, Texas was poised to break out as one of the country’s

One may think that warmer months are better for selling homes, but the data tells another story. What if we were to tell you that it really makes no difference when you list your client’s home, in terms of

We’ve covered multifamily ascendence before, but this is the most telling statistic of all. Earlier this week, we reported on two facets of new construction: first, that overall construction spending in Houston grew by hefty amounts in 2014; and second,

Lennar, a top Houston homebuilder, announced the opening of two brand new model homes in Fairfield. The community created by Friendswood Development Company covers 3,200 acres located in Cypress, Tex. Fairfield is one of Houston’s premier new home communities offering miles of greenbelt trails, lakes,

The price of crude bounced back this week, but some say even if it stabilizes, the damage has already been done.   After months of falling oil prices, crude-oil futures rallied back this week, climbing up 7 percent to

Slow home prices in December are likely to roll over into 2015. Early today, February 3, CoreLogic released its Home Price Index for December 2014. While price appreciation was relatively flat from a month prior, CoreLogic researchers found prices

2014 was a VERY good year for new construction in Houston, according to the latest stats. Total residential construction spending in the Houston area was $9.841 billion in 2014, a 15 percent increase from 2013, according to new numbers from Dodge