News / Features

Real Estate in Brief: The annual salaries needed for the hottest U.S. cities, patios growing in popularity and more

The financial website How Much used data from the National Association of Realtors and mortgage-information website HSH.com to find the nation’s most expensive “average-sized” homes. The study found that the median U.S. household annual income rose nearly 2 percent

See the most expensive Houston neighborhoods

Although Houston is constantly highlighted for having extremely affordable housing compared to the rest of the country, it is also home to some of the wealthiest neighborhoods in the nation. Paige Martin, from the Houston Properties Team with Keller

Trustworthiness and quiet the most important qualities in a good neighbor

Having terrible neighbors can be an extremely negative experience for homeowners. However, luckily the vast majority of people currently believe that they have good neighbors. According to Realtor.com’s Good Neighbor Report, 77 percent of participants said they are satisfied with

Zillow: It takes the average person seven years to save up a down payment

It would take the average American seven years to save up enough to make a down payment on a home, according to Zillow’s latest report. This is longer compared to 20 years ago when it took the average American

How much will rising rates cost homeowners?

Recent reports of a sluggish housing market have put at least some of the blame on rising interest rates. Over the last 12 months, the interest rate on a typical 30-year fixed-rate mortgage has increased by nearly one full

Real Estate in Brief: More luxury buyers are entering the market than sellers, Toll Brothers co-founder steps down and more

Luxury Portfolio International‘s 2018 Global Luxury Real Estate report found that, globally, almost 40 percent of high-net-worth individuals will be looking to buy property in the next three years but only 23 percent are willing to sell. With the imbalance of purchase

Study: Higher property values influence homeowner voter participation

A recent study from two members of Stanford University’s political science department finds a strong positive relationship between voter turnout rates and property values among homeowners. Along with a growing body of research around how homeowners vote, this could

Zillow: Suburban home affordability rivaling urban levels in many markets

With home prices rising across the country, many buyers may think that moving out to the suburbs is the solution to finding a home that they can afford. However, suburban areas are now rivaling urban areas in affordability in

This Week in Real Estate: Houston named one of best places to retire, America’s most expensive foreclosure and more

U.S News & World Report released their 2019 Best Places to Retire analysis last week. Houston came at No.26, behind Austin, San Antonio and Dallas. In spite of scoring lower than other Texas counterparts, U.S. News said a paycheck

Home prices continue to rise while existing home sales slow, inventory tightens

Existing home sales declined to their lowest level since November 2015, according to the September National Association of Realtors existing home sales report. Existing home sales dropped to 5.15 million in September, a 3.4 percent drop from August and

Homeownership a higher priority for millennials than travel, marriage, children

Homeownership is the biggest priority for millennials, according to the latest Bank of America Insights Report. A little over 70 percent of those surveyed said homeownership is their top priority, outranking traveling (61 percent) getting married (50 percent) and

Texas home market continues with strong year as sales, prices grow in Q3

Home sales in Texas are up for the year, but the Houston area is a truly booming in comparison, according to the third quarter report from the Texas Association of Realtors. Texas home sales are up 4.4 percent on

Real Estate in Brief: Sight-unseen offers decrease, Zillow names new head of federal government relations and more

Less homebuyers are making purchases on sights-unseen, according to Redfin. In a recent survey, only 20 percent of recent homebuyers made an offer sight-unseen compared to the 35 percent in 2017. In May, Redfin analysts noticed sight-unseen offers returned

GHBA reveals 2018 Houston’s Best PRISM Award winners

The Greater Houston Builders Association (GHBA) announced Houston’s 2018 Best PRISM Awards, recognizing and encouraging excellence within Houston’s homebuilding industry. The black tie event was Stetsons & Stilettos themed and was organized by GHBA’s Sales and Marketing Council along

Houston in need of $12 billion to help households damaged by Hurricane Harvey

Houston still needs $12 billion in to help households that were impacted by Hurricane Harvey, according to a new report from The City of Houston. So far the city has received more than $3 billion in federal funding, which includes

Houston one of the top cities in the US for its foreign-born homeownership rate

The United States currently has the highest percentage of immigrants since 1910 with 13.7 percent of the population being foreign-born. This has led to economic growth from 2011 to 2016 that accounted for much of the nation’s post-recession growth

Oops! We could not locate your form.