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We may think we have a firm grasp of our market’s value, but new research suggests that’s not the case. Houston homeowners undervalue their listings by 3.58 percent, at least compared to what certified appraisers judge as the value of the
It takes a very short amount of time to break even on a house nationwide, but such privileges come with significant conditions. It takes just 1.5 years to break-even on a mortgage in Houston, meaning the point at which the total
A new CoreLogic study details the fall of cash sale shares across the country. A home is a good investment, but a normalizing market has somewhat thinned out the opportunities to make quick, high yield sales, and as a
Sure, home prices are rising, but is that really a good thing, other economic indicators considering? Home prices have grown faster than wages in 76 percent of U.S. housing markets in the last two years, and Houston – where home
Houston’s market is heading towards a fork, where one direction means stability and the other a bubble. After a relatively disappointing February in which sales volume declined, Houston home sales are again in the green, with single-family purchases rising
Coldwell Banker United Realtors, one of the largest residential real estate firms in Houston, has been acquired by NRT LLC in a massive deal affecting dozens of offices in four states. NRT LLC, a subsidiary of New Jersey-based Realogy
Moderate home price gains in February suggest the market may be stabilizing. Home prices continued their strong ascent in February, according to CoreLogic’s newest Home Price Index. Including distressed sales, home prices climbed 5.6 percent from the same time
It’s been common knowledge that Houston’s rental market is a relative steal, but is that still the case? For some time now, Houston’s rental narrative has been one of remarkable consistency. Compared to other big cities, the narrative has gone, Houston’s rents are downright
Multifamily developments are leaving Houston, but their departure could open the door for something else: more single-family homes. Rising oil prices are still down relative to trends spanning the last half-decade despite 12 consecutive weeks of U.S crude inventory growth.
Home prices in Texas are growing, and at a rapid rate. Texas home prices posted soaring numbers in the latest Case-Shiller Home Price Indices, which looked at data from Dec. 2014 to Jan. 2015. From December to January, Dallas prices were up 0.4
Housing affordability is a major problem, and new research has added an additional wrinkle to the crisis. Housing affordability (especially in the new home market) may be worsening nationwide, but it has nothing on the affordability squeeze facing renters
What was the deal with our local new construction marketplace last month? February proved a storming month for residential new construction in the Houston area, according to new numbers from Dodge Data & Analytics. For the month, residential construction in Houston totaled
A study from NerdWallet aims to help Millennials and families streamline their home searches in Houston. Houston’s diversity is one of its most attractive selling points, but also something of a hindrance when it comes time for families and
Everyone should be concerned about rising levels of inequality – especially residential real estate professionals. The Brookings Institution just updated its data metrics on inequality in the U.S.’ largest metro areas, and the results are – to put it
The single-family home market for new construction has trended towards affluence, and so has the rental market. The last couple months, we’ve been reporting with regularity on how our nation’s issues with inequality have manifested themselves in new construction,
Homeowners are benefiting from rising home prices that improve equity, but that doesn’t mean negative equity still isn’t a problem. Equity continued building in the fourth quarter of 2014, CoreLogic’s newest report concluded, showing that by year’s end, 1.2
