News / Features

Hurricane Harvey causes first decline in Texas home sales since 2012

Texas home sales declined 0.3 percent in Q3 2017, which is the first time Texas home sales have declined on a quarterly basis since Q2 2012, according to the 2017 Q3 Texas Quarterly Housing Report released today by the

NAR board votes to remove MLS subscription requirement

On Monday, the National Association of Realtors Board of Directors voted on four major MLS adjustments, one of which will allow agents more flexibility in MLS choice. A new broker-backed policy that is being called “MLS of Choice” prevents

NAR forecasts a strong 2018 for home sales amid inventory shortages, tax reform uncertainties

The National Association of Realtors (NAR) predicts a strong 2018 for home sales, but inventory shortages and upcoming tax reform could have a major impact on the market. NAR’s Chief Economist Lawerence Yun presented his 2018 housing and economic

National Association of Realtors installs 2018 leadership

Elizabeth Mendenhall, CEO of RE/MAX Boone Realty in Columbia, Missouri, was installed today as 2018 president of the National Association of Realtors during the Realtors Conference & Expo in Chicago. Mendenhall was NAR’s 2017 president-elect and 2016 first vice

FSBOs reach all-time low in 2017

For-sale-by-owner (FSBO) homes accounted for only 8 percent of recent home sales, according to the National Association of Realtors (NAR). This marks an all-time low in FSBO home sales since NAR began recording the data in 1981. Between 2001

Home prices continue fast growth in the third quarter

Home prices continued to grow in nearly every major metro across the country in the third quarter, according to the latest quarterly report from the National Association of Realtors. The national median existing single-family home price rose to $254,000,

This Week in Houston Real Estate: ‘Fixer Upper’ stars help 81-year-old with Harvey home recovery

Chip and Joanna Gaines, stars of the HGTV show “Fixer Upper,” made news in Houston as they volunteered to help an 81-year-old woman rebuild her home after it was damaged by Hurricane Harvey. Along with 80 ExxonMobile volunteers, they

Buyers continue to seek out luxury homes even as prices soar in Q3

Luxury home prices grew 4.9 percent in the third quarter of 2017 compared to the same time last year as inventory tightened on the top end of the market. This marked the first quarter in which luxury inventory fell

NAR and NAHB show concern with the new GOP tax plan

The National Association of Realtors (NAR) and the National Association of Homebuilders (NAHB) have both come out against the new GOP tax plan that was revealed on Thursday. One of the most significant changes in the tax plan involves

Why do we argue with our neighbors?

Are you new to your neighborhood and looking to make friends? It may not be as easy as it used to be. According to a new survey, 40 percent of Americans avoid their neighbors altogether. The Homes.com survey also reveals that

See the top elementary schools in Houston

One of the major factors that homebuyers take into consideration when moving is what school their children could attend. In fact, 22 percent of realtor.com visitors age 35-44 identified the desire to be near good schools as one of their

Texas residents are the most loyal to their home state

According to a new survey, Texas homebuyers are the most loyal, with the highest percentage of them looking to move within the state than any other state in the United States. LendingTree reviewed purchase mortgage loan requests for primary residents

Winter real estate blues? Take our cues

The frantic spring and summer buying season often leaves agents dreaming about a winter slowdown so they can take a break, kick back and relax. But don’t take advantage of the slow season too much: Once you recharge a

Airbnb dips its toes into real estate with branded apartments

Airbnb is getting more involved in the real estate industry, as it recently announced its partnership with Newgard, a Florida developer, to create a new residential rental complex called Niido. Located in Kissimmee, Florida, the multifamily building includes 324

The 2017 buyer and seller: Who are they?

With just one month left in the year, it’s clear that the dominant characteristic of the 2017 housing market has been low inventory. While that’s resulted in higher prices and fewer sales overall, one thing is clear: People are

Lennar and CalAtlantic merger creates nation’s largest homebuilder

Lennar and CalAtlantic Group announced a $5.7 billion stock-and-cash deal on Oct. 29 to create the largest homebuilder in the United States. This is the largest homebuilder merger since the financial crisis. With this deal, the companies said it

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