National News

Loan limit boost of 7.4% good for Houston buyers
Loan limit boost of 7.4% good for Houston buyers

This means homebuyers will be able to borrow up to the new level without triggering higher interest rates.

Housing starts up, but will it last?
Housing starts up, but will it last?

A new report has good news for housing construction, but will it hold through next year?

Realogy Franchise Group names new president and CEO
Realogy Franchise Group names new president and CEO

She will oversee the franchise operations of Better Homes and Gardens Real Estate, CENTURY 21 and ERA. Yannaccone also will lead the company’s efforts in the franchise and owned operations of Sotheby’s International Realty and Corcoran.

Here’s what President-elect Joe Biden’s housing plan looks like
Here’s what President-elect Joe Biden’s housing plan looks like

With a plan to invest $640 billion over 10 years and vows to end discriminatory and unfair practices in the housing market, including “redlining,” President-elect Joe Biden’s housing policy agenda looks to protect low-income and housing-insecure households.

Labor market shows improvement in latest jobs report
Labor market shows improvement in latest jobs report

The latest jobs report shows improvement, with another 638,000 net job gains and the unemployment rate slashed to 6.9%.

Expect fall price gains, but 2021 could see a cooling market
Expect fall price gains, but 2021 could see a cooling market

The new S&P CoreLogic Case-Shiller Home Price Index reveals record-breaking August for home sales, up 21% over the 2006 pre-Great Recession high.

Houston home sales up 24.9% in September
Houston home sales up 24.9% in September

In Houston, the number of transactions dropped 2.1% from the previous month to 9,183.

First American: Homesellers playing ‘musical chairs’
First American: Homesellers playing ‘musical chairs’

Homesellers continued to sell homes to each other in September, making the market resemble a game of ‘housing musical chairs,’ according to First American chief economist Mark Fleming.

New unemployment claims spike, though continuing claims fall
New unemployment claims spike, though continuing claims fall

Economic recovery slumps as initial jobless claims unexpectedly jump.

Homeowners in blue counties headed to red, swing counties
Homeowners in blue counties headed to red, swing counties

Redfin looked at the number of prospective homebuyers searching in the second quarter who wanted to change counties. Home search data revealed that 6.5% fewer people were looking for homes in blue (Democratic) counties than in swing or red (Republican) counties.

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