National News

Existing-Home Sales Improvements Highlight New Construction Slump

NAR’s September existing-home sales reports marks a bounce back from August’s dip. In August, existing-home sales took a slight dip from their peak pace in July. However, after a month of decreased activity, sales again picked up, this time

.REALTOR Domain Launch Date

In September, Chicago Agent magazine reported on the National Association of Realtors announcement to launch the .REALTOR domain to be used exclusively to represent NAR member websites. Today, the association further announced that starting tomorrow, October 23, the domain

The Top 6 Reasons that Homes Do Not Close

What are the most common reasons for why homes do not close? From financing issues to disagreements over the final sale price, there are many possible reasons for why a house did not close, so we decided to take a closer

Living in (Single) America

Americans love being single, according to new Census Bureau data, and that trend will likely impact housing in noticeable ways. For the first time since the government began tracking such statistics in 1976, there are more single adults in

Your Mind on Multitasking

Today’s agent doesn’t look busy unless they’re multitasking. Unfortunately, that frantic lifestyle may be hurting their brains. A smartphone in one hand, tablet in the other, Bluetooth in the ear and a laptop in the car seat – the

7 Important Things You Should Know About New Construction

The new construction markets are in a very interesting place, a fact reinforced by the latest Census Bureau numbers. Housing starts in September were at a seasonally adjusted annual rate of 1.017 million, a 6.3 percent increase from August’s revised

New Mortgage Rules to Be Finalized Oct. 22

Three years later, the government is finally set to reveal its new requirements for mortgages, and much has changed in the interim. The government is set to finalize the final piece of its post-bubble mortgage regulations on Oct. 22,

Owning in Houston Considerably More Affordable than Renting

When conditions are right, owning in our area is much more affordable than renting. Homeownership in the Houston area remains 43 percent more affordable than renting through 2014’s third quarter, according to a new analysis by Trulia; that’s slightly below a

Number of Women-Owned Real Estate Firms Soars

Women have always played an important role in real estate, and new numbers show their prominence has only grown. The number of women-owned firms in real estate has grown by 41.4 percent in the last 12 years according to

Distressed Home Sales Consistent in Texas in 2014

The nation’s distressed housing market has improved quite a bit in the last year, and that progress is also clear here in Texas. Distressed home sales in the U.S. have fallen from 17 percent of all existing-home sales to just

The Two Most Important Developments for Housing’s Growth

There are many important factors influencing housing today, but recent analysis suggests two will have an outsized effect on the industry. The future is good for housing. That was the conclusion of a recent analysis by Goldman Sachs, which

A Strong Fall Begets a Strong Spring

Despite a drop in interest in August, Redfin research shows an uptick in the presence of perspective buyers. In August, Redfin reported a market-wide drop in homes for sale and new listings that hampered the searches of perspective buyers.

The Secret to Housing’s Future – a New Kind of 15-Year Mortgage?

We often hear about how the nation’s mortgage markets need reform, but the solution could come from the most unexpected source. One of the most common refrains in the post-bubble housing market has involved lending standards, and that if

The Shadow Inventory: What You Need to Know

Though the elusive shadow inventory has dwindled, forthcoming changes to mortgage debt relief could lead to a swell in foreclosures over the next year. Trudging through the sludge of economic debris left over from the cataclysmic crisis that sent the U.S.

4 Important Facts About Hispanic Homebuyers in America

All research points to Hispanic consumers having an outsized effect on the U.S. housing market in the coming years. Hispanics are the fast-growing group of homebuyers in America, and they will hold significant sway over where our housing market

Asking Prices in Houston Bounce Back with Strong September

Asking prices once again showed positive movement in September, according to new stats from Trulia. A strong condo market propelled Houston’s housing market to another month of positive asking-price increases in September, according to the latest Price Monitor by Trulia.

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