News / Features

Trulia Neighborhoods launches to provide crowdsourced localized information

Trulia is launching a new tool to help buyers, renters and agents learn about an area with their new feature – Trulia Neighborhoods. The new tool, which is available both online and as a mobile app, is a crowdsourced

Real Estate In Brief: Home improvement spending, Realtors on TV and more

Homeowners appear to be spending more on maintenance and remodeling projects, reflecting an increasing preference in getting more life out of a home rather than trading up for a new one. According to a report from BuildFax, which aggregates

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How much you have to earn to live in these top Houston neighborhoods

Houston is consistently recognized for its relatively low cost of living, but how much does it actually cost to live in the city? Local real estate agent Paige Martin crunched the numbers and figured out the median home price

HUD files housing discrimination complaint against Facebook

The U.S. Department of Housing and Urban Development (HUD) filed a discrimination complaint against Facebook Aug. 17. HUD claims that the company violated the Fair Housing Act by allowing landlords and home sellers to target or exclude users from

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Construction industry job openings reach post-recession high

For those under the age of 24, a career in construction is an unlikely reality and an even rarer goal. According The Wall Street Journal, many parents these days may feel they have failed their child if they do

This Week in Houston Real Estate: The Woodlands incorporation, new affordable home developments and more

The Woodlands Township continues to make steps toward incorporation as it considers whether it could include zoning for the area if The Woodlands became a city. According to Community Impact Newspaper, incorporated cities use local ordinances to create zoning

US housing stock ages as construction backlog grows

More Americans are becoming homeowners, particularly young adults. But the homes they are living in are generally older. Data from the U.S. Census Bureau’s most recent American Community Survey showed that in 2016, the median age of all owner-occupied

US foreclosure rate falls to 12-year low as borrowing grows

Two reports on the state of housing finance this week show that mortgage borrowers are still faring well financially despite some recent economic headwinds. The national foreclosure rate reached its lowest point since 2006, according to a report on May

Houston new construction continues to grow to keep up with demand

Houston continues to be a boomtown as construction starts in the second quarter of 2018 grew compared to last year. According to the latest Metrostudy report, Houston saw 28,942 new home starts over the last 12 months, a 6.8

HUD looks for public comments on possible fair housing rule changes

The Department of Housing and Urban Development recently announced that it is looking for public comments regarding plans on “streamlining” the Affirmatively Furthering Fair Housing Rule, an Obama-era rule on desegregation. The rule was designed to help cities and

NAR secures ‘a big win’ on new tax break for agents

Updated guidance from the IRS related to federal tax cuts passed at the end of 2017 confirmed that many real estate professionals should be able to claim a substantial income deduction once they file their 2018 tax returns, in

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See how the Houston area demographics have changed

The nation experienced a certain shift age distributions over the last decade. With Baby Boomers moving on to retirement, Millennials and Gen Xers began to make up the working population. To determine where the different demographics are more present,

Redfin plans long-term with Redfin Now, doubles down on direct buying program

Redfin’s direct home-buying program, Redfin Now, is no longer in testing phase. Redfin recently announced that it has doubled down, making direct home-buying its long-term business plan. Redfin Now buys and lists homes, making an offer to the homeowner

Luxury market sees record growth in July

As the homebuying season reaches its peak for the year, sales in the luxury market continued to grow at a record pace last month. Prices in 19 major luxury markets saw double digit growth, according to the realtor.com 2018

Real Estate in Brief: Millennials want to buy but worry about prices, Spruce raises $15.6 million and more

Millennials want to buy a home, but they continue to view homeownership as unattainable during today’s period of rapidly increasing prices and increasingly limited inventory across the market, according to the CoreLogic Home Price Index (HPI) and HPI Forecast

Houston ranked as one of the most booming towns in the country

Boomtowns arguably made this country what it is today, so Magnify Money developed a list of America’s most booming towns. Coming in spot No. 11 on the list is Houston, the Space City. Each city was analyzed independently from

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