News / Features

Hispanics the only ethnic group with net growth in US homeownership

In the decade following the housing crisis, Hispanic and Latino populations accounted for the majority of growth in the U.S. homeownership rate, according to a recent report from the National Association of Hispanic Real Estate Professionals. The 2018 “State

Houston housing market thrived in March but condos still lagged

Single-family home sales ticked up nearly 5 percent in March compared to a year earlier, according to the Houston Association of Realtors. Homes priced between $250,000 and $500,000 gained the most sales activity, closely followed by homes priced above

Real Estate in Brief: Mortgage reform, house flipping and more

Chase CEO urges mortgage reform In his most recent annual letter to shareholders, JPMorgan Chase CEO Jamie Dimon expressed concerns about the current state of mortgage industry regulation in the U.S. “The country desperately needs mortgage reform,” Dimon wrote

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Houston is No. 2 for construction gains

Houston was ranked the No. 2 city in the country for construction gains, according to a recent article by realtor.com. Despite a nationwide slowdown in construction, Houston was one of several cities in the US that saw an increase

Consumer confidence in housing market surges

Surveys of American consumers continue to point to renewed optimism in the housing market. Fannie Mae’s Home Purchase Sentiment Index approached an all-time high reading in March, gaining five points over February to reach 89.8. This was driven by

New bill would require broader home sale price disclosures in Texas

A new bill that would require the disclosure of sale prices for homes sold to certain government entities aims to bring more money into the state’s coffers and increase transparency in the way properties are assessed throughout the state.

Real Estate in Brief: Rent burden, global affordability and more

Freddie Mac: Florida metros among most rent-burdened Housing affordability is an issue that dominates discussions of local politics, but the data on the topic can be hard to interpret. Studies from multiple sources regularly rank U.S. cities according to

What new tax laws mean for homeowners this year

April 15 this year marks the first Tax Day under the 2017 Tax Cuts and Jobs Act, one of the most significant overhauls of the federal tax code in decades. While Tax Day is the deadline for most Americans,

Houston Agent Who’s Who 2019 is here!

The moment you’ve all been waiting for has arrived: Houston Agent magazine’s Who’s Who 2019! Click here to meet the best and brightest in Houston real estate today and learn what puts these agents, brokers and lenders at the

Real Estate in Brief: Facebook v. HUD, record-low rates and more

Facebook charged with housing discrimination by HUD The U.S. Department of Housing and Urban Development (HUD) on March 28 formally charged Facebook with discrimination in violation of the Fair Housing Act. The charge comes after the agency filed a

Redfin: Bidding wars down dramatically from a year ago

  Only 16 percent of buyers so far this month faced competition, according to a study by Redfin. That’s down from 61 percent over the same period last year, and it’s one more sign among many that buyers may

Will buyers rule the market this spring?

The coming spring season, when home sales usually take off, could be a great one for buyers as the stars align in their favor: Mortgage rates are low, inventory levels are higher and price growth has slowed. Already, home

FHA changes may tighten credit for homebuyers

First-time homebuyers hoping to utilize the popular Federal Housing Administration loan program may find it more difficult to be approved for a mortgage this year, as the agency moves to reduce growing risks related to the program. FHA loans

Home sales surge ahead of spring

For real estate agents, spring may have arrived early this year. After a string of anemic reports through the winter, home sales numbers picked up across the U.S. in February. The National Association of Realtors reported that existing home

More Americans say now is a good time to buy a home

The state of the U.S. housing market has shifted rapidly in the last few months, but are consumers keeping up? A new survey from the National Association of Realtors makes the case that low mortgage rates and increased inventory

Real Estate in Brief: Broker alliances, rebranding and more

RE/MAX to partner with Redfin through referrals RE/MAX announced in a March 18 press release that it had entered into a “strategic alliance” with Redfin to boost sales at both nationwide brokers through referral incentives. In about 5,000 ZIP

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