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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
West University Place was the top luxury market in Greater Houston during 2016’s third quarter, according to exclusive data Redfin provided to Houston Agent. From July to September, luxury sales in West University Place, defined by a closing price
A bird’s eye perspective of Greater Houston real estate would see a market in turmoil, but ground level analysis would reveal something much different. Because though it’s true the wider market is symbiotic, it’s individual parts are performing at varying paces. Bellaire
McKinley Development Co. Inc is planning to begin construction of a new urban community in northeast Houston in 2017. McKinley Development, which is owned by Chinese developer Yihai Group, will take lead in the overseeing the project, which will
Everyone knows that housing inventory is a problem in Greater Houston, but new numbers from the Houston Association of Realtors have spelled out those shortages in stark terms. HAR’s Multiple Listing Service defines Greater Houston as a patchwork of 151
Lots of interesting things happened this week in the world of real estate. Notable stories this week include a new MPC and a more port-area housing. Catch up on this week’s top news with our real estate news roundup:
There is no denying the economic problems plaguing the Houston market, but that doesn’t negate the fact that it’s still considered one of the top real estate markets to watch in 2017, according to a joint report from the
Southwest Katy is the top-selling market in Greater Houston. According to data from the Houston Association of Realtors’ Multiple Listing Services, in the 12 months preceding this past September, there were 2,431 closed transactions in the Katy market. A close second was Pearland, where
The Houston area’s new construction market continues to struggle this year, according to research from Dodge Data & Analytics. In September, Houston saw more than $671 million in total residential construction spending, a 20 percent decline from Sept. 2015. Even more, the Bayou City’s year-to-date construction spending
In a new ranking from online real estate marketplace Ten-X, Houston is named as one of the top 50 single-home markets in the country. Basing its analysis on “current and forecasted housing fundamentals,” such as home price and sales
Economic turmoil has led to contraction in Greater Houston’s home market, and despite September being a record month for prices, appreciation has slowed as a result – but not everywhere. In both La Marque and Liberty County East, prices are
In the 12 months preceding this past September, nowhere in Greater Houston did homes sale for more on average than in River Oaks, according to numbers from the Houston Association of Realtors’ Multiple Listing Service. Between Oct. 2015 and
Texas home prices continued their positive momentum through the summer, according to the new Case-Shiller Home Price Indices from Standard & Poor’s. Per S&P’s analysis, prices in the Dallas area were up 0.5 percent from July to August, and up
Houston residents average more than $6,000 in savable income, helping make it one of the best cities in the country for building wealth, an analysis from Bankrate found. In its analysis, Bankrate weighed a variety of local indicators, including: average income
Today, the Texas Association of Realtors released its endorsements for the U.S. House of Representatives, as well as the Texas State Senate, House of Representatives and Supreme Court. Association Chairman Leslie Rouda Smith commented on the selections, saying that
Almost nowhere in the country does buying beat renting more than in Houston, a new report confirmed. In a new analysis, listing portal Trulia based its buying vs. renting determination on an array of factors, including median home prices and rents,
