News / Features

Houston is one of the top destinations for relocations

After Texas was named one of the top growth states by U-Haul, another moving company acknowledged Houston for its growth. The Bayou City is No. 4 on Penske Truck Rental’s list of top moving destinations.  To come up with the

Rich, saturated colors and mixed metals among the top home design trends in 2018

Expect urban farmhouse designs, fashion-influenced trends, mixed metals and richly saturated colors to make a splash this year. Angela Nuessle, director at Pulte Homes National Interior Design, recently revealed the latest design and décor trends that are sure to be

Income growth in 2018 not enough to keep pace with increasing home prices

In 2018, home sales, housing construction and house prices are all likely to increase modestly, according to Freddie Mac’s January 2018 Outlook. Home sales are forecasted to reach 6.35 million in 2018, up slightly from 6.17 million in 2017.

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December mortgage applications jump nearly 8 percent

A new report from the Mortgage Bankers Association shows that mortgage applications in 2017 increased 7.1 percent from 2016, including a 7.8 percent hike in December to close out the year. “After playing catchup for two months following the

Gov. Abbott proposes annual property tax cap

Gov. Greg Abbott announced his plan to cap annual increases in local property taxes last week as a focal point of his re-election campaign. According to the Houston Chronicle, the proposal would limit how much revenue local taxing entities

This Week in Houston Real Estate: Houston’s exclusion from Amazon shortlist disappoints

Amazon announced the 20 cities that will be considered for its second headquarters, and Houston did not make the cut. Many of the city’s top developers and members of the Greater Houston Partnership have expressed their disappointment at this

Zillow: Crisis-level inventory shortage plagues US housing market

  Home shoppers looking to buy in 2018 will have 10 percent fewer homes to choose from than a year ago, according to the December Zillow Real Estate Market Report. The for-sale inventory across the nation has been falling

Amazon announces the top 20 cities for HQ2

Amazon announced on Thursday that it has narrowed its list potential sites for its second headquarters to 20 cities. Houston did not move on to the second round, but two other Texas cities — Austin and Dallas — made

RE/MAX: 2017 rounds out with record high home prices and low inventory

2017 ended as a seller’s market, with rising home prices and low housing inventory greeting homebuyers across the nation. According to the latest RE/MAX’s National Housing Report, home prices are hitting record highs in December 2017. The median home

Crowdsourcing platform allows employers to include down payment contributions to benefits

With rent costs soaring and student loans piling up, it’s no secret individuals aged 18-35 need all the help they can get to afford some of life’s necessities, like buying a home. In fact, 70 percent of millennials say

$1 million isn’t so luxurious anymore

In a recent examination of homes in the United States — whether or not they were for sale — Trulia found that, while not quite literally, $1 million homes are a dime a dozen these days. Across the country’s

Texas named U-Haul’s top growth state in 2017

Despite a larger year-over-year increase in departures compared to 2016, Texas remained the America’s No. 1 growth state during 2017, according to U-Haul data analysis of last year’s migration trends. Reservations for one-way U-Haul truck rentals rose 1 percent on

Early-stage mortgage delinquencies increased following active hurricane season

Following a very active hurricane season, the number of early-stage mortgage delinquencies increased in October to 2.3 percent, up from 2.2 percent in October 2016, according to CoreLogic’s latest monthly Loan Performance Insights Report. However, the number of mortgages

Must-have kitchen designs for 2018

Many homeowners around the country have big renovation plans for 2018, and a number of them are eying the heart of their home: the kitchen. According to the 2018 U.S. Houzz Kitchen Trends Study, 87 percent of homeowners are making

This Week in Houston Real Estate: President Lyndon B. Johnson’s former home on sale

President Lyndon B. Johnson’s former home is on the market for nearly $3 million. The 142-acre ranch home is near Johnson City, about 70 miles west of Austin and 10 miles east of the Lyndon B. Johnson State Park

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A quarter of homes in US sold above list price in 2017

Home sales in 2017 showed nearly one-quarter (24.1 percent) of buyers paid more than the asking price, netting sellers an additional $7,000 on average over their initial offering price. The share of homes selling above list price has grown

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