National News

How climate change is affecting the housing market

There are various factors to consider when buying a home, and a new study suggests climate change is joining that list. A Bloomberg News report by ATTOM Data Solutions found that in the last decade, the average home price

Existing-homes sales fall slightly as home prices hit an all-time high

Existing-home sales fell 0.4 percent in May to a seasonally adjusted annual rate of 5.43 million, according to the latest report from the National Association of Realtors. Sales have fallen year-over-year for three months and is 3 percent lower than

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Pulte Homes now come with smart home technology

Pulte Homes is making the leap into smart homes. In a Business Insider press release, PulteGroup announced every newly-built Pulte, Centex, Del Webb, DiVosta and John Wieland Homes will be equipped for smart technology use to fit a homeowner’s

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Housing starts in May reach an 11-year high

It’s no secret a lack of inventory is making an impact on the housing market, but new reports show hope for a change. The U.S. Bureau of Labor Statistics and the U.S. Department of Housing and Urban development released

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Real Estate In Brief: Freddie Mac to help fight rural unemployment, new millennial mortgage data and more

Freddie Mac, the government-owned real estate finance firm, announced June 15 that it had partnered with an outplacement services provider to help rural homeowners who may be at risk of foreclosure due to a lapse in employment. It’s part

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Houston is one of the best cities for business and finance workers

Some professions make more than others, and those incomes basically set the path for how someone lives their life. RENTCafé had an idea that maybe you income could be more profitable in some cities, and less than others. RENTCafé

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What are the top 10 issues affecting real estate in 2018?

The Counselors of Real Estate recently released its annual Top Ten Issues Affecting Real Estate list for 2018-2019, which includes both current and long-term opportunities and challenges. Interest rates and the economy, which may result in limited affordable housing, is

How Houston ranks in sustainability development

It’s time America steps up their sustainability measures around the country, and a new report shows which cities are leading the way. The Sustainable Development Solutions Network released its second annual report on U.S. city sustainability, which looked at

Vacation home markets continue slow climb toward peak value

Vacation home markets are recovering slower than most from the housing market crash. According to a Zillow, markets with a high density of vacation homes are still 9 percent below their peak value before the crash. Meanwhile, areas with

Majority of Americans still planning to buy a home despite growing anxieties

Buying a home is a step in life most Americans plan on taking sooner or later, but a new survey shows more than half of Americans who plan on buying a home, or those who already bought one, have

New survey shows agents are using more mobile technology

Homebuyers want more technology use from their agents and a new report shows that Realtors are starting to implement more technology into their work day.  Realtors Property Resource found that that 85.28 percent of realtors used a mobile device,

HomeSpotter adds geotargeted open house promotion with Waze

In an effort to target potential buyers in a particular area, HomeSpotter added a new feature that does exact that. Through Boost by HomeSpotter, real estate brokers are able to connect with likely buyers on social media. Now, brokers

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Household wealth at all-time high thanks to rising home values

American household wealth is the highest it has ever been at $101 trillion, according to the Federal Reserve 2018 Q1 release, an approximate $1 trillion increase from last quarter. Reports show that the significant increase in household wealth is

Birth rates fall fastest in appreciating areas

Contrary to typical trends, the number of births across the country are dropping despite appreciating housing markets, according to Zillow. Home values are appreciating the fastest they have in 12 years and are projected to rise another 6.5 percent

Real Estate in Brief: Majority of loans made up by first-time buyers, home equity spike and more

Nearly half of all mortgages issued by Freddie Mac are made up by first-time homebuyers in the first quarter of 2018, according to an article from Bloomberg. With a median homebuying age of 32, first-time buyers are anxious to

Nearly 7 million costal homes at risk for hurricane damage in 2018

Nearly 7 million homes along the coast are at risk of hurricane storm damage this year, according to the 2018 CoreLogic Storm Surge Report. This could mean a $1.6 trillion potential reconstruction cost. A storm surge is defined by

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