National News

Mortgage rates fall to four-month low as buyers return to market

Homebuyers may catch a break this month as rates have come down nearly a point from the recent high on fears of a recession.

Houston ranked among most popular Airbnb destinations

Airbnb analyzed booking data for long-term guests & their hosts & found that Houston is among the most popular U.S. cities for remote workers.

Mortgage rates fall below 5% — for the first time since April

The 30-year fixed-rate mortgage averaged 4.99% as of Aug. 4: down 0.8% from last week. The news marks the first time since April that mortgage rates have dipped below 5%.

The worst neighbor annoyances — ranked

Are your neighbors the worst? Whatever it is that grinds your gears, you can bet it comes in on this list of the top neighbor frustrations.

BidMyListing platform met with questions as it expands nationally

The platform, which recently announced its entry into markets across the country, is led in part by Josh Altman of Million Dollar Listing.

Federal Reserve raises interest rates by .75% — again

Matching June’s historic move, the Federal Reserve announced that interest rates are rising .75%. The target range for the federal funds rate now sits between 2.25% and 2.5%.

Douglas Elliman launches Elliman Showroom, a platform to help clients during the moving process

Elliman Showroom is a personal assistant platform that aims to streamline the move-in process for homebuyers.

22.9% of Houston home-purchase agreements fell through in June

About 14.9% of home-purchase agreements nationwide fell through in June, the highest percentage in more than two years.

Houston among geekiest cities in the nation

In honor of Embrace Your Geekness Day — July 13, apparently — Lawn Love has compiled a list of the geekiest cities in the U.S. Houston ranks at No. 6.

New Zillow tool helps military vets find VA loan-eligible condos

The tool takes the guesswork out of the home-shopping process by highlighting condos eligible for Veterans Affairs (VA) financing.

Houston home price growth exceeds 17% in May, deceleration on the horizon

Prices for single-family homes in Houston increased by 17.6% year over year in May, up from 17.2% month over month in April, according to CoreLogic.

Homeowner equity surges in Houston amid rising housing prices

In the first quarter of 2022, Houston homeowners gained an average of $46,500 in equity year over year, according to a recent CoreLogic report.

Housing inventory rebounds at record rate in largest metros, and Houston is on trend, Realtor.com reports

The number of homes available to buyers climbed 18.7% in June, the sharpest year-over-year increase in the history of the report.

Texas among top 10 most fun states

When you consider entertainment, recreation, nightlife, parties and overall costs, it turns out, Texas is a pretty fun state! And that has a positive effect on Houston real estate.

Houston No. 4 nationally for iBuyer service home sales

Houston was fourth on the list with 844 iBuyer home sales in the first quarter, accounting for 3.5% of home sales in the market.

Houston’s housing supply struggles to keep pace with job growth

For every single-family home or apartment permit generated in Houston in the past year, there were 2.2 jobs created.

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