News / Features

Single-family housing starts surge along with builder confidence

  After a slow construction season in October, housing starts across the nation saw a 3.3 percent jump in November, according to data from the U.S. Department of Housing and Urban Development and the Commerce Department.  Single-family construction, in

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Freddie, Fannie announce affordable housing initiative

The United States has been grappling with a dearth of affordable housing, spurring a number of municipalities and officials around the country to address the problem head on. Freddie Mac and Fannie Mae recently unveiled a plan to fix what

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Boom in single-family rentals contributing to inventory crunch

Due to a boom in single-family rentals, 270,000 fewer homes have sold each year since 2006. According to a new Zillow analysis, between 2006 and early 2017, the number of single-family homes that are rented increased by 5 million,

Report: Buyers in Houston save more money than renters

An age-old question for many adults is whether they should invest in property or continue to rent. Proponents of buying say it’s a good investment in the future, but sometimes, certain factors — like limited inventory — make ownership

HOME survey reveals diminished housing and economic optimism

Optimism regarding homebuying and home-selling is down in the final quarter of 2017, according to the National Association of Realtors’ (NAR) fourth-quarter Housing Opportunities and Market Experience (HOME) survey. The percentage of homeowners who believe now is a good time

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Homebuyers plunking down more money for down payments

The average U.S. homebuyer in the third quarter made a down payment that was higher than any other quarter since the first quarter of 2000, according to a new report. A dominant trend in the report is that co-borrowing,

FHA to increase floor and ceiling loan limits in 2018

The Federal Housing Administration announced that they will raise loan limits in more than 3,000 counties nationwide in 2018. In total, 3,011 counties will have higher loan limits next year, up slightly from 2,948 counties in 2017 and a

Homebuilder considers residential project in Houston floodplain

In the months following Hurricane Harvey, it looks like Houston is slowly recovering from the storm’s damage. However, some builders could be becoming too confident moving forward with new construction. According to a report from the Houston Chronicle, Meritage

This Week in Houston Real Estate: Inside the former home of Houston Rockets legend Hakeem Olajuwon

The former home of Hakeem Olajuwon is now on sale in north Houston. The home is 7,271 square feet and was custom built in 1983 for the Houston Rockets legend, according to the Houston Business Journal. The home features

Trulia: U.S. housing inventory down more than 10 percent

Tight inventory has nagged the U.S. housing market all year, but in the last quarter of 2017, the number of homes for sale plunged 10.5 percent year over year — the largest decrease since 2013, according to Trulia.  The

Mortgage delinquency dips to lowest rate in more than a decade

The number of past-due mortgage payments and of homes currently in some stage of foreclosure are the lowest they’ve been in 10 years, according to the monthly CoreLogic Loan Performance Insights Report. The report, which analyzes the health and

Agents not spared from effects of net neutrality repeal

The Federal Communications Commission vote on Thursday to repeal Obama-era net neutrality rules will have enormous consequences for the real estate industry, the National Association of Realtors said in reaction to the hotly contested move. Real estate agents and companies

Post-Harvey rebound continues for Houston real estate market

Despite limited inventory after Hurricane Harvey, Houston’s real estate market was driven into positive territory by homebuyers and renters in November. This marks the third consecutive month of sales increases for Houston. According to the latest monthly report from

FHA to stop insuring mortgages with PACE loans

In a move the housing industry deems a victory, the U.S. Federal Housing Administration will no longer insure mortgages on homes that also carry liens by the Property Assessed Clean Energy program, PACE. When the Obama administration decided to

NAR seeks to impact tax reform

The National Association of Realtors (NAR) released a letter Tuesday asking Congress to make three critical changes to the tax reform bill. NAR President Elizabeth Mendenhall calls upon Congressional leaders to “retain current law on the capital gains exclusion for the

Minority homeownership lags in the United States

While homeownership continues to be a key part of the American Dream, minorities in the United States lag behind the rest of the country in homeownership rates. According to a new report from ABODO Apartments, a national apartment listing

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