News / Features

Real Estate in Brief: CoreLogic Home Price Index reveals home prices increase and more

The latest Home Price Index from CoreLogic reveals that U.S. home prices increased for the seventh consecutive month in February, up 6.7 percent from February 2017 and 1 percent from January 2018. CoreLogic’s HPI Forecast predicts that U.S. home prices

How much you need to earn to live in these Houston neighborhoods

Houston has been ranked one of the most affordable cities in the United States to live in by Forbes. Out of the top 20 metro areas in the country, Houston has the sixth best cost of living. Although as

Rising interest rates and home prices hit home-searching millennials hardest

Interest rates and prices are steadily rising across the housing market, leaving millennials are more likely than their generational counterparts to change the type of homes they’re willing to purchase. According to data found from a survey conducted by

Multigenerational households gain popularity in the US

The percentage of Americans living in multigenerational households is at its highest since the 1950s. Using data from 2016, Pew Research Center estimated that 64 million people — or 20 percent of the U.S. population — live in a house

NAR unveils new ‘multi-dimensional’ look

After 45 years, the National Association of Realtors’ familiar logo is on the way out in favor of a refreshed new look that the organization hopes symbolizes its focus on the future. The new logo — featuring a 3-D

5 new residential developments rising in the Houston area

Marlowe. From Randall Davis Company and DC Partners, Marlowe is positioned to become a key part of the luxury real estate scene in downtown Houston. The development has 96 residences and eight penthouses and the building is around 70

How Houston homebuilders are handling the post-Harvey market

More than half a year after Hurricane Harvey swept through Houston, the costly storm’s impact is still felt throughout the region. Despite the destruction left behind by the hurricane, demand remained strong for homes in Houston through 2017. Residential

This Week in Houston Real Estate: A new public park is planned for Downtown Houston

Downtown Redevelopment Authority has announced a new public park opening Downtown in 2020. The park, set to begin construction in 2019 with an opening date set for the following summer, will take over lots on San Jacinto, Fannin, Bell

Listing descriptions can increase sales price by up to 29 percent

When looking for a new home, many buyers have specific amenities and features on their wishlists, ranging anywhere from state-of-the-art kitchen appliances to solar panels and other green features. These amenities aren’t just important for buyers — they can

Lack of new-home sales fuels amped-up spring competition

Buyers can expect the coming months to be the most competitive buying season in years, largely because not enough new homes were sold this winter to quell the demand, according to a new report from realtor.com. About 618,000 newly constructed

How different generations rely on agents during homebuying process

Of all the tools available to potential homebuyers, members of the millennial and baby boomer generations cite their real estate agent as their most-relied upon resource while searching for a new home, according to a recent survey by Owners.com.

MLS Grid officially launches new service to unify MLS feeds

MLS Grid, a platform that allows real estate brokers and their vendors access data from multiple listing services free of typical barriers, recently made its debut in Chicago with plans to expand nationwide. Now, more than 200,000 real estate

Late spring is prime time to sell home

The spring housing market is expected to be one of the most competitive in years, making it a seller’s market across the country. But that’s not the only reason why homeowners who have been considering selling should do so

Joe Mandola begins tenure as president of Trendmaker Homes

The premium regional homebuilder, Trendmaker Homes, has named Joe Mandola as president of the homebuilding brand. Mandola has a decades-long reputation in the building industry in Texas and has gained deep relationships with trade partners, community leaders and other

HUD marks the 50th anniversary of Fair Housing Act amid controversy

On April 11, the U.S. Department of Housing and Urban Development (HUD) will mark the 50th anniversary of the Fair Housing Act at a ceremony in Washington, D.C. However, some of HUD’s recent actions have received a significant amount

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Real Estate in Brief: REAL Trends reveals nation’s largest brokerages, rents spike and more

REAL Trends, a real estate brokerage news source, recently released its 2017 REAL Trends 500, a ranking of the nation’s leading residential real estate brokerage firms. NRT LLC sits atop the list as the largest residential brokerage company in the country, with 346,942

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