News / Features
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As of the first quarter of the year, over 5 million properties were underwater with a mortgage at least 25 percent more than the property’s estimated market value. The 5.2 million properties account for 9.5 percent of all U.S. properties
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Houston was ranked the fourth best city for first-time homebuyers, according to a new study by SmartAsset. To get the rankings, SmartAsset analyzed cities for the number of HUD approved lenders, loan funding ratio, average price per square foot
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Listing your home on a Wednesday tends to be more profitable than listing on any other day of the week, according to a new study by Redfin. The study analyzed 100,000 homes sold in 2017 and compared the sales
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Living in a major city often means sacrificing nature and green space in order to have convenient access to major amenities as well fine dining, shopping and entertainment. Some of the new developments coming to the Houston metro area
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Houston homebuyers have a wide variety of neighborhoods to choose from, with factors such as proximity to job hubs, quality of school districts, and options for entertainment, culture, and shopping topping buyers’ wishlists. Two recent reports by Redfin —
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As millennials continue to enter the housing market, real estate developers are adapting their housing options in Houston in order to attract and retain to downtown. According to research from The Kinder Institute, millennials age 25 to 34 made
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There are many reasons to feel optimistic about Houston’s housing market even as the city continues to recover from Hurricane Harvey. Single-family home sales dropped by 2.5 percent year-over-year in March, from 6,982 for the month in 2017 to
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CoStar recently looked at which parts of the Houston market have seen the highest number of multifamily developments. According to its report, more than 90,000 units have been delivered across the metro since 2010. From 2010 to 2017, Inner Loop submarkets
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When entering the market for the first time, many homebuyers are unsure of what exactly is needed to qualify for a mortgage, leading to their application being rejected. A new report by LendingTree looked at over 10 million mortgage applications
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John Daugherty, Realtors officially opened their new office in The Woodlands last month as the brokerage continues to increase its focus on the growing and highly desirable area. Located at 1950 Hughes Landing Boulevard, the luxury brokerage recently opened an office
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Starter homes with farmhouse-inspired features and craftsman designs are demanding the highest sales premiums, according to RealEstate.com. In the study, RealEstate.com analyzed the listing descriptions of millions of entry-level homes (homes at the bottom third of the market) to
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The National Association of Gay and Lesbian Real Estate Professionals (NAGLREP) has announced their support for two Congressional bills aimed to combat housing discrimination based on sexual orientation and gender identity. Congressmen David Cicilline (D-RI), co-chair of the Congressional
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Residents of modest means increasingly can’t afford to live in major urban centers, and the result is taking a toll on our highways and commutes. As more people seek cheaper housing away from inner cities, the number of “super
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Housing inventory is at a historic low, with nearly 9 percent fewer homes on the market than last year, according to the latest report from Zillow. Over half of the homes available are on the expensive end of the
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The homeownership rate in the U.S. is trending upward, retaining the same 64.2 percent rate in the first quarter of 2018 as the last quarter of 2017, according to the Census Bureau’s Housing Vacancy Survey (HVS). The current rate
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Pending home sales rose for the second straight month in March, though lack of inventory is still having a negative effect on the market, according to a recent report by the National Association of Realtors. The Pending Home Sales