Rent rates nationwide have been decreasing since the onset of the pandemic, but new data shows that in some cities, this could be changing in the near future.

The new model home park will showcase nine new model homes in the master-planned Sienna community’s Village of Sienna Oaks.

As they come of peak age for first-time homeownership, millennials are gaining an increasing share of today’s housing market.

Homes listed on a Tuesday, Wednesday or Thursday are selling for more than those listed on the weekend, but how much varies by metro area.

The housing supply shortage is expected to get more extreme as homebuyer demand continues to outweigh inventory levels, a new study found.

Who had the 10 most expensive deals in the Houston area in March?

Rising wages and falling mortgage rates are helping keep homeownership within reach of average wage earners nationwide despite surges in housing prices.

Prices in the Houston metro area were up 6.3% over February 2020. CoreLogic classified Houston’s market as “overvalued.”

“Despite the drop in home sales for February — which I would attribute to historically-low inventory — the market is still outperforming pre-pandemic levels.” NAR Chief Economist Lawrence Yun

Nationally, homeowners with mortgages saw their home equity increase by 16.2% year-over-year from the fourth quarter of 2019.

It also ranks among the top 10 states in the economy and fiscal stability categories.

The mortgage lender looked at the average salaries of successful applicants in each city, their average FICO credit scores, the average size of their loan requests and the median list price for that location.

For the ninth month in a row, Redfin is reporting more than half the homes offered by their agents are facing competition at 56%.

The website, which notes that housing costs take up about one third of average spending for households, configured data by assessing the median home value and mortgage payment to show the minimum level of income necessary.

“In the final months of 2020, single-family rents posted the highest increases in over four years,” said Molly Boesel, principal economist at CoreLogic. “However, single-family rent price reaction to the pandemic and resulting recession differed greatly across metros.”

Nine Houston agents sold homes priced between $2,715,000 and $$6,995,000 last month, according to HAR.