National News

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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

Taylor Morrison to acquire AV Homes in a $963 million agreement

Taylor Morrison Home Corporation announced their plans to acquire AV Homes with an agreement valued at approximately $963 million. AV Homes, a company engaged in building and developing homes in Florida, the Carolinas, Arizona and Texas, is expected to

Millennials are spending less on weddings to buy a home sooner

As June is the peak homebuying month of the year in major metro real estate markets and the beginning of wedding season, trends relating the two have been discovered. Data from OpenListings.com found that couples are ultimately spending less

Amazon is reportedly making the leap into the home insurance business

Amazon made the leap from tech company to construction and real estate, and now the company is rumored to be joining the insurance business, according to Inman. While no specific plans have been released for Amazon’s entrance into the

What Americans want in their dream home

A recent survey by Northshore Fireplace asked 2,000 people to find out exactly what Americans would want in their ultimate dream home. Among those surveyed, the most important component of an American dream home was a view with peace

Mortgage giants want to help ‘gig economy’ workers qualify for home loans

Millennials are finally aging into homebuying, which is one of the reasons why the housing industry is seeing strong sales growth throughout the country. But millennials are also more prone to be members of the “gig economy,” and that

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