News / Features

Houston housing market continues on its hot streak

Home sales last month continued to outpace 2017’s record volume as the Houston market grows in popularity and demand. Though sales steadily grew with inventory at 4.2 months supply, July’s pace was still not enough to surpass June’s record-setting volume

NAR: Metro home prices reach record high in Q2

The national median home price for existing single-family homes reached an all-time high, edging up to $269,000, 5.3 percent higher than the second quarter of 2017, according to the latest quarterly report by the National Association of Realtors. As

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Zillow acquires Mortgage Lenders of America

Zillow Group took a lot of risks in the last year, but its latest is seen as one of the most uncertain. On Monday, Zillow announced its acquisition of Mortgage Lenders of America. Zillow plans on utilizing Mortgage Lenders

Texas townhome sales up over last year

Townhome sales in Texas grew more than 6 percent between over the past year, according to the Texas Condominium Sales Report from the Texas Association of Realtors. According to the report, townhome sales spiked 6.3 percent from June 2017

Survey: Buying homes is the most stressful event in modern life for Americans

Source: homes.com Purchasing a home is meant to be a joyful accomplishment, but many Americans found the the event to be stressful. A new survey from Homes.com found that nearly 40 percent of Americans said purchasing a new home

Many millennials are prioritizing homeownership over retirement, debt payoff

Despite the high amounts of debt that plague many millennials, home ownership is still at the top of their priority list. For them, achieving the American Dream means buying a home early, even if that means dipping into retirement

Real Estate in Brief: Well Fargo pays $2.1 billion fine, West Coast faces double-digit price increases and more

Wells Fargo agreed to pay a $2.1 billion fine in order to settle allegations of misrepresenting the types of mortgages the company sold to investors during the housing crisis, according to the Chicago Sun Times. Although the amount seems

Builder confidence continues to grow in 55+ housing market

Builders continue to show confidence in the 55+ housing market as the second quarter index increases to 67, one point up from last quarter. According to survey results, the National Association of Home Builders (NAHB) 55+ Housing Market Index

Wire transfer fraud: What agents can do to prevent it

In 2017, the real estate industry saw almost $1 billion in attempted or diverted funds from buyers, sellers, title companies and escrow agencies into the pockets of online hackers. Wire transfer fraud is not a new problem for the

How Harvey has impacted the real estate investment world: A Q&A with Brian Spitz from Big State Home Buyers

Brian Spitz opened up Big State Home Buyers 14 years ago after accidentally stumbling into the real estate investment world before planning to start law school. Through Big State Home Buyers, Spitz works with homeowners who need to sell

Smart home technology is the new standard

In today’s digital age, novel inventions that once seemed like an unrealistic dream such as self-driving cars and virtual reality have become an integral part of everyday life. Just as Tesla is revolutionizing the automobile industry, smart homes are

This Week in Houston Real Estate: Employment rates, teacher salaries and more

Jobs in the Houston area are on the rise. According to a new report, Houston added 94,600 jobs from June 2017 to June 2018. Experts attribute the increase in jobs to the need for construction in the area. After

Major cities across the nation see an increase in housing inventory

The lack of inventory has been troubling on the housing market, but a new report shows some areas in the U.S. are seeing an increase in inventory. Realtor.com released its Monthly Housing Trend report for July 2018, and according

Millennials are buying homes before marriage

Recent trends in the housing market suggest that couples are reversing what used to be considered the norm: they are buying homes before marriage. The share of unmarried homeowners has spiked significantly in recent years, according to a report

Congress passes short-term flood insurance extension

In a last-ditch effort to maintain some sort of flood insurance for homeowners, Senate passed another short-term extension of the National Flood Insurance Program (NFIP) on the day that the current program was set to expire, according to HousingWire.

The Houston neighborhoods that saw the most price growth in the last year

Halfway through the year, 2018 is looking to be a record-breaking year in Houston residential real estate. With home prices and sales continuing to rise, some neighborhoods are seeing stronger growth than others. Page Martin, an agent with Keller

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