National News
New data from NAR shows that pending home sales continued their downward progression in September. Pending home sales fell once again in September, with the Pending Home Sales Index from the National Association of Realtors (NAR) falling 5.6 percent
We’ve been seeing reports that housing inventory is beginning to stabilize; is that true here in Houston, though? Up, or down? That’s always the question when it comes to housing inventory, and with new realtor.com data in tow, we’re
There had been rumblings early on that there was more to the housing recovery than met the eye, and new data from NAR confirms those suspicions. Throughout 2013, there have been many positive developments in the housing market, and
Though it was delayed by the government shutdown, the Census Bureau’s numbers on construction spending were positive all the same. Well, it finally made it! Though delayed by three weeks because of the government shutdown, the Census Bureau’s latest
We all wonder if size truly matters, but in the case of newly built single-family homes, the answer is clear. What percentage of newly built homes have an entry foyer? What if the home is less than 2,000 square
Existing-home sales declined a bit from August to September, though housing inventory continued to show promising signs. After hitting their highest level in nearly four years, existing-home sales came back down to earth in September, declining 1.9 percent to
Builder confidence had been on a tear recently, but new data from the NAHB suggests a cooling off period. Builder confidence for the newly built, single-family home market stumbled a bit in October, with the National Association of Home
The components of new homes in 2013 are pretty consistent, but how is space distributed across those various components? It doesn’t take a rocket scientist to deduce the components of a typical newly built single-family home. From the family
We’re now two days away from a government default, an event that would spell nothing but trouble for the nation’s housing market. We’re now drawing uncomfortably close to a government default, and though we have written on a couple
What are Vampire REOs and Zombie Foreclosures? And what problems do they pose for the housing market? Last week, we reported on the latest National Foreclosure Report from CoreLogic, and the news was uniformly good: foreclosure inventory was down a
The U.S. prides itself for its strong middle class, but how many options does that middle class have for housing in the nation’s largest cities? Homeownership has long been a cornerstone of the modern American Dream, the ultimate symbol
Housing affordability has been on the decline this year, but by how much? And what will affordability look like when rates increase? It’s been an interesting year in the world of housing affordability. Record low mortgage rates and competitively
Janet Yellen, President Obama’s choice to head the Federal Reserve, brings a unique combination of the old and the new to the position. President Obama yesterday announced Janet Yellen as his choice to head the Federal Reserve and take
The nation’s foreclosure markets have been showing considerable improvement in 2013, but did that trend continue in August? The good news continued for the nation’s foreclosure markets, according to CoreLogic’s latest National Foreclosure Report, with foreclosure inventory, completed foreclosures
Consumer sentiment on the housing market has gone nowhere but up in the last few months, but does the latest survey from Fannie Mae suggest a slowdown? Baby, we had a great run. Though consumer confidence on the housing
The nation’s rental markets have been quite hot in the post-boom housing market; did that trend continue into the third quarter? There have been two distinct memes in the housing market since 2008, both involving the nation’s rental market.