News / Features

Homebuyers with lower credit scores pay nearly $21,000 more in mortgage costs 

Determining how much they could spend on a home was the most frequently named financing concern among a third of all U.S. buyers during the home buying process. A major factor in what a homebuyer can afford is their

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Builders begin to refocus on entry-level homes

Low inventory is impacting home sales across the country and one of the categories that have been hardest hit are entry-level homes. However, according to the latest survey from Builder Online, builders are starting to hone in on starter

Real Estate in Brief: Expected home appraisals at best level in years, teachers in need of affordable housing and more 

In the past year, appraisals are more likely to be in line with, or even higher than, owners estimate. Appraised values were just 0.33 percent lower than what homeowners expected, according to National Quicken Loans Home Price Perception Index.

Single women buying twice as many homes as single men, study says

While the overwhelming majority of homebuyers are married couples, it is women who make up the larger share of sales among single people, according to the National Association of Realtors. Single women are the second-most common homebuyer, accounting for

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Luxury homes prices up nearly 8 percent in the first quarter

Luxury home prices rise nearly 8 percent to average sales price of $1.8 million in the first quarter of 2018, according to a new report from Redfin. An analysis of over 1,000 cities by Redfin indicates prices of the top five

Home price increase in 2018 as inventory lags

Home prices are creeping up across the country as inventory continues to hover near all-time lows, according to the National Association of Realtors first quarter report. Total existing home sales declined slightly in the first quarter of 2018 versus

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See which Houston-area schools made the top of U.S. News & World Report’s annual rankings

Nearly 70 high schools in the Houston area made U.S. News & World Report’s 2018 national rankings. Carnegie Vanguard was the highest ranking Houston high school coming in at No. 15 nationwide and No. 4 in Texas. It also came

This Week in Houston Real Estate: New waterfront development in Kingwood, affordable housing community sells out and more

Renderings of the new waterfront development in Kingwood have been published on Swamplot. The 300-acre project will link the two adjacent and existing lakes next to the San Jacinto River and the Clubs of Kingwood golf course. Plans for

Amazon and Lennar partner to create Alexa-controlled smart homes

Amazon and Lennar announced its new partnership to provide Alexa-enabled smart homes in certain markets across the country. Homebuyers can get homes that come with features that can be controlled with Alexa including Wi-Fi, smart locks, doorbells, thermostats and

Coldwell Banker United, Realtors acquires Mariner Realty

Coldwell Banker United, Realtors has acquired the assets of Welsh and Goebel Company, which is currently doing business as Mariner Realty. Former broker-owner Wendy Welsh Goebel will join Coldwell Banker United, Realtors in a sales capacity and the former

Growing homeownership rate helps in increasing household wealth among Hispanics

Household wealth is increasing among America’s Hispanic population, according to The Hispanic Wealth Project’s 2018 Annual Report. The Hispanic Wealth Project has been working to achieve their goal set in 2014 of tripling Hispanic household wealth by 2024. One

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Houston home market rebounds in April

April home sales saw a 7 percent jump as prices hit new highs, according to the latest report from the Houston Association of Realtors. Single-family home sales grew to 7,070 units sold, up from 6,611 units sold last year,

Majority of Americans still think now is a good time to buy

Most Americans think home prices in their area are going to rise, but the majority also still think that now is a good time to buy, according to the latest Gallup poll. Gallup’s annual Economy and Personal Finance poll

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Houston shows second highest volume in new home starts

Houston continues to show strong growth in the housing market during the first quarter of 2018 as the city maintains its second-place position behind Dallas-Forth Worth for annual new home starts. According to Metrostudy, Houston saw a 7.5 percent

Recent college graduates are living at home more often

Today’s graduates are more likely to be living with their parents than graduates from the previous decade. According to Zillow’s analysis of 2016 Census data, 28 percent of recent graduates live with their parents — up from 19 percent

Agents using Google Maps on their websites could have to pay

Agents and brokers who are embedding Google Maps into their listings will now have to pay to do so. The Google Maps application programing interface (API) allows agents and brokers to embed maps into listings on their websites. This

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