National News

MBA: Mortgage apps rise on increase in ARM activity 

A 15% rise in applications for adjustable-rate mortgages drove overall mortgage applications higher in the most recent weekly survey. 

Homebuyer pessimism hits all-time high

More than eight in 10 Americans think it’s a bad time to buy a home, according to a new survey from Fannie Mae.

Major real estate brands open option for agents to leave NAR

Agents from CENTURY 21, Coldwell Banker, ERA, Sotheby’s International Realty, Corcoran and Better Homes and Gardens Real Estate — and RE/MAX — will all have the option to leave NAR pending new settlements.

Houston one of the ‘World’s Best Cities’

Houston is among the best cities in the world, according to World’s Best Cities’ 2024 ranking of the most desirable cities planet wide.

Opendoor and eXp Realty partner for ExpressOffer platform

eXp Realty partnered with real estate technology company Opendoor to integrate an application programming interface into its ExpressOffers platform.

These small Texas cities are some of the best in the country

Nearly one-third of Americans say they’d prefer to live in the suburbs — but which small towns offer the best options for homeowners and buyers?

Redfin to cut ties with NAR, citing recent sex harassment claims

Redfin said it will require many of its agents to leave NAR and the association has “forced an all-or-nothing choice on us,” and it would therefore “choose nothing.”

The most expensive home for sale in Texas

Point2Homes analyzed listings in every U.S. state and Washington, D.C. to determine the most expensive home for sale in each.

NAR: Pending-home sales fall 7.1% on high interest rates 

Regionally, pending sales were down across the board on both a monthly and an annual basis, the National Association of REALTORS® said. 

Houston’s housing market is more valuable than it was last year

The value of Houston real estate increased over the last year, placing the metro among the top 20 most valuable housing markets in the nation.

NAR: Existing-home price rises again as sales continue to slide 

Total housing inventory at the end of August was 1.11 million units, up 3.7% from July but down 14.6% on a year-over-year basis, the National Association of REALTORS® said. 

Houston agents recognized in third annual LGBTQ+ Real Estate Top Producers list

The LGBTQ+ Real Estate Alliance announced the rankings for its third annual LGBTQ+ Real Estate Top Producers list.

CoreLogic: Home-price growth picks up speed in July 

CoreLogic expects prices to continue to grow through next year, albeit at a more traditional pace than in the height of the pandemic. 

Luxury Presence launches Presence Copilot with Dawn McKenna

“I started building this app to give my team a competitive advantage,” McKenna said. But now, she is excited to share the app with the public.

NAR: Pending-home sales post second monthly increase in a row 

Pending transactions were in negative territory for most of this year, so the recent increases could bode well for future activity. 

Case-Shiller: Home-price index just 0.02% off 2022 peak

A fifth consecutive month of increases in the S&P CoreLogic Case-Shiller U.S. National Home Price Index suggests the housing market recovery that began earlier this year is likely to continue. 

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