News / Features

Demand for luxury homes slowed in 2017

The demand for luxury homes slowed nationally in 2017, a new report from realtor.com shows. While sales in the upper tier remain strong, activity in the overall housing market exceeded the pace of luxury home sales across the country.

Houston market shows resiliency in 2017 despite Hurricane Harvey

Hurricane Harvey did not slow down the Houston residential market as it saw its strongest year ever in 2017. According to the Houston Association of Realtors, residential sales in 2017 totaled nearly 95,000, a 3.5 percent climb over last

Virtual reality revolutionizing real estate for homebuyers

Virtual reality is the next revolutionary topic for 2018 in the world of real estate, Coldwell Banker found in a recent survey of 3,000 homebuyers. The new survey, conducted by Harris Poll, showed the desire for VR home tours,

How buyers are financing their homes

Across the country, both home prices and demand for homes grew in 2017, driven by low inventory. As supply and affordability can be a hurdle for some homebuyers, many are still optimistic about their ability to receive financing even

Houston named best big city for new grads

Despite recent flood damage by Hurricane Harvey last year, Houston remains one of the best cities for recent college graduates. OnlineDegrees.com put Houston at the top of its list of best big cities for new grads based on factors

Fannie Mae: Buyer confidence falls at the close of 2017

The number of Americans who feel confident enough to buy or sell fell significantly in December 2017, undoing the previous month’s increase in confidence. According to Fannie Mae’s monthly Home Purchase Sentiment Index, which surveys 1,000 consumers about a

Credit scores decreasing for millennial homebuyers

Credit scores among millennial homebuyers declined slightly from November 2016 to November 2017, according to Ellie Mae’s most recent Millennial Tracker report. The decrease in average credit scores of closed loans to millennials was most apparent for FHA and VA loans.

NAR reveals Realtor confidence in the 2018 housing market

The Realtors Confidence Index from the National Association of Realtors (NAR) shows that Realtors are confident about what’s to come in the first half of 2018. On a scale of 1 to 100, the report measures NAR members’ housing

Consumer bureau rolls back expected HMDA regulations for 2018

Mortgage lenders who were concerned about increased regulation and compliance in 2018 with the Home Mortgage Disclosure Act no longer need to worry. Under the new rules announced in 2015, lenders would have needed to provide significantly more information

This Week in Houston Real Estate: Will Holder announces retirement from Trendmaker Homes

Will Holder, president of Houston-based Trendmaker Homes, announced that he will retire on March 31; senior vice president Joe Mandola will take over. Along with running Trendmaker Homes since 2006, Holder has served as a past president of the Greater

The number of renting households declined for the first time in 14 years

While the number of renters now outpaces homeowners — with about one-third of the country’s population living in rentals — 2017 saw the first year of a slight decline in renting households since 2004, according to a recent report from

Home prices projected to increase 4.2 percent by November 2018

Home prices are up both year-over-year and month-over-month, according to CoreLogic’s Home Price Index (HPI) and HPI Forecast for November 2017. From November 2016 to November 2017, U.S. home prices increased 7 percent year over year. Month-over-month, home prices

Texas had the highest population growth in the country

Texas edges closer to California as the most populous state as the Lone Star state saw the largest population growth last year, according to the U.S. Census Bureau’s national and state population estimates of 2017. Between July 2016 and

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FHFA looks to update credit scoring, mortgage financing in 2018

The Federal Housing Finance Agency will be making changes as outlined in its 2018 Scorecard, which was released late last month. The scorecard highlights specific conservatorship priorities for Fannie Mae, Freddie Mac and Common Securitization Solutions (CSS). The three main

NAR: Millennials, silent generation are desiring walkable communities

While millennials are seen as the driving force behind the new trend in walkable communities, older generations also prefer to live in neighborhoods where they can easily get around on foot. According to the 2017 National Community and Transportation

Reflecting on the Houston market: A Q&A with Will Holder, president of Trendmaker Homes

The Houston housing market went through a number of changes throughout 2017. Largely because of the decline in home inventory due to Hurricane Harvey, competition for homes has grown over the past few months. As the president of Trendmaker

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