News / Features

This Week in Houston Real Estate: $1.15 billion plan for Harvey aid, millennials move to Texas and more

Houston officials revealed their $1.15 billion action plan for federal housing aid in the wake of Hurricane Harvey. With most of the money going toward repairing or rebuilding single-family homes, this plan is the first step in a much larger

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

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Houston home sales on the rise in May

The greater Houston area saw a 1 percent increase in home sales as well as a new record high for both average and median prices in the area. As home sales increased, residents are less interested in renting single-family

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

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Houston ranked among the top 10 best large cities

Houston was ranked the seventh best large city in the United States, according to a recent study by Resonance Consultancy. The ranking is based upon six main categories: place, product, programming, people, prosperity and promotion, and analyzes 28 different

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

Houston’s top ranking high schools

Children at Risk released their 2018 statewide rankings for 191 Texas elementary, middle and high schools. This is the 13th year the nonprofit organization has put out the list.  Children at Risk based their elementary and middle school rankings

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

This Week in Houston Real Estate: Development lawsuit, new mixed-use towers and more

McNair Interests, which was founded by Houston Texans owner Bob McNair, announced their plan for a high-rise mixed-use development. According to Realty News Report, the development will be located in Uptown Houston near the Galleria. The McNair Interests plan includes

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Houston’s top ranked middle schools

Children at Risk released their 2018 statewide rankings for 191 Texas elementary, middle and high schools. This is the 13th year the nonprofit organization has put out the list.  Children at Risk based the middle school rankings off three

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