The negative equity situation in Houston has improved dramatically, according to new research by Zillow. Here is some encouraging news for you to end the week with – here in the Houston area, the share of mortgage properties in negative equity

Spending package offers prolonged mortgage debt relief but faces uphill battle.   As is their recent tradition, Congress is continuing to squabble following the sweeping Republican victories in the midterm elections, and it may lead to thousands of Americans

Builder confidence remains high while home construction continues to trod along – what gives? Builder confidence this month fell just one point, according to the latest Housing Market Index from the National Association of Home Builders. Finishing up 2014

We all want to think that an explosion is pending in Millennial homeownership, but the numbers to justify that are hardly cooperating. The last few months, we’ve reported consistently that the big problem facing housing (as well as the

The headlines have been merciless regarding the latest new construction report, but was it truly that bad? We’ve seen the headlines too, and on the surface, they’re not pretty – per the latest numbers from the Census Bureau, housing

Everyone knows that mortgages and rents have ran in opposing directions, but the numbers are still jaw-dropping. For some time, we’ve been hearing two independent narratives in housing: one, that mortgage rates and payments were at an all-time low;

What should you know about home sellers, heading into the 2015 housing market? Our last few stories on NAR’s 2014 Profile of Home Buyers and Sellers has focused on the buyer-side of the equation, but now we’re finally taking

With Fannie and Freddie’s new mortgage rules coming into effect, the industry questions the impact they’ll truly have. Earlier this month, new lending guidelines previously announced by Fannie Mae and Freddie Mac came into effect, and now the industry

What’s the deal with asking prices in our metro area? Asking prices in the Houston area remained positive in November, and they seem to be showing no signs of slowing down, according to the newly released Price Monitor from Trulia. Per Trulia’s

The latest government jobs report was highly encouraging for the economy – and, as a result, for the housing market. Good news alert! The government’s latest jobs report came out last week, and it was a very encouraging one

Foreclosures are being completed at dramatic rates…and why that might not be so good. The newest foreclosure report from CoreLogic highlights the nation’s continued efforts to push through new and long pending foreclosures, but the robust pace of completion

Move, Inc., the company that oversees NAR’s realtor.com website, has filed a lawsuit against Curt Beardsley, a former VP of product marketing who, earlier this year, left Move for a new position at competing syndication site Zillow. This marks the

At the end of the day, how much income do consumers need to qualify for certain mortgages in our housing market? In our most recent analysis of housing affordability, we looked at what percentage of our housing market’s inventory

Though overall construction is mostly flat from last year, both single family and multifamily are putting up some encouraging numbers. Residential construction spending was up just 1.3 percent from September to October and 1.8 percent from Oct. 2013, rising

There’s very little that’s conventional in terms of how homebuyers today finance their purchases, as 2014 draws to a close. In our most recent story on NAR’s 2014 Profile of Home Buyers and Sellers, we looked at how consumers

Contract signings are down late in the year but still above average. The latest Pending Home Sales Index report from the National Association of Realtors showed a slight dip in pending home sales in October. Still, levels remain healthy