Construction spending in the U.S. rose 1.4 percent in October, increasing across all significant building categories and marking the strongest boost in five months. The Commerce Department said the October increase in U.S. construction spending represents the third consecutive

The U.S. Senate on Dec. 2 passed its version of the Tax Cuts and Jobs Act, spurring the National Association of Realtors and the National Association of Home Builders to weigh the bill’s effects on the housing industry. Both

Texas climbed two spots this year to sit at No. 2 on the Forbes 2017 list of the best states for business. Analyzed across six categories — business costs, labor supply, regulatory environment, economic growth, climate prospects and quality of

Micro apartments are expanding in Houston as the Latitude Med Center residential tower will have apartments as small as 339 square feet and an average of 445 square feet. The 35-story building is being developed as a joint venture

The U.S. housing market experienced a 1.7 percent drop in demand from September to October this year, according to the latest Redfin Demand Index, which is calculated by measuring home tour requests and writing offers of thousands of Redfin customers.

October’s pending home sales rebounded slightly after a three-month decline, according to the latest report from the National Association of Realtors. The Pending Home Sales Index rose 3.5 percent from 105.6 in September to 109.3 in October. This is

With 2018 right around the corner, Freddie Mac released its report card for 2017, that while the economy is marked by robust job growth and low inflation, the housing market has had some hiccups this summer and fall, largely due

The U.S. Department of Housing and Urban Development is providing more than $5 billion to Texas to be used in Hurricane Harvey recovery efforts. HUD is giving $5.024 billion to help hard-hit areas of Texas through its Community Development

Despite Houston being one of the hardest hit areas by Hurricane Harvey back in August, it wasn’t the only area in Southeast Texas severely affected by the storm. In an effort to highlight little-known regions ravaged by the disaster,

In 2016, the construction industry made its highest contribution to the U.S. economy in seven years. A recent report from the American Builders and Contractors (ABC) shows that investment in construction is up nationwide. The report showed that in

Just months after median U.S. home values reached their highest point in history, home values have continued to rise. Zillow recently released its October 2017 Market Housing report showing that the median U.S. home value stands at $203,400, a $12,500,

Houston maintained its second-place position behind Dallas-Fort Worth in annual new home starts as the third quarter comes to a close. According to Metrostudy’s third quarter study, Houston reached 27,713 starts, which is a 6.4 percent increase compared to

The National Association of Realtors released a statement on Tuesday highlighting concerns with a recent announcement from the Federal Communications Commission (FCC) that shared their plan to reverse net neutrality regulations which ensure equal access to the internet. With

Home sales don’t seem to be slowing down as October recorded the fastest pace of sales since June, according to the latest report from the National Association of Realtors (NAR). Total home sales grew to a seasonally adjusted rate

After months of urging from the National Association of Realtors, the House of Representatives finally voted to approve the 21st Century Flood Reform Act, which reauthorizes and reforms the National Flood Insurance Program. Originally set to expire in September of

As 2018 approaches, experts at Zillow predict the migration of urban-based millennials to the suburbs, where first-time home buyers will benefit from an expected increase in the new construction of entry-level homes. Millennials who have typically favored urban living