News / Features
The U.S. economy grew at its fastest pace in four years during the second quarter of 2018, a reflection of low unemployment and greater willingness among consumers and businesses to spend and invest. According to the latest economic forecast
When looking at the housing market across the country, many are worried a potential bubble is about to burst. But home values in many large metro areas have been growing at a relatively stable rate. SmartAsset looked at home
Texas has the second highest number of millionaires living in its state. How Much, a cost information website, analyzed data from Kiplinger to see the number of millionaire households in each state. California topped the list with 885,000, but
More home sellers are resorting to price cuts as interest from buyers wanes nationwide. A recent report from Zillow found that starting in June, 14 percent of current home listings reduced their asking prices. While that rate has remained
Existing home sales slowed slightly in July to the slowest pace in more than two years and represented the fifth straight month of declines, according to the latest report from the National Association of Realtors. But demand stayed steady
Trulia is launching a new tool to help buyers, renters and agents learn about an area with their new feature – Trulia Neighborhoods. The new tool, which is available both online and as a mobile app, is a crowdsourced
Homeowners appear to be spending more on maintenance and remodeling projects, reflecting an increasing preference in getting more life out of a home rather than trading up for a new one. According to a report from BuildFax, which aggregates
Houston is consistently recognized for its relatively low cost of living, but how much does it actually cost to live in the city? Local real estate agent Paige Martin crunched the numbers and figured out the median home price
The U.S. Department of Housing and Urban Development (HUD) filed a discrimination complaint against Facebook Aug. 17. HUD claims that the company violated the Fair Housing Act by allowing landlords and home sellers to target or exclude users from
For those under the age of 24, a career in construction is an unlikely reality and an even rarer goal. According The Wall Street Journal, many parents these days may feel they have failed their child if they do
The Woodlands Township continues to make steps toward incorporation as it considers whether it could include zoning for the area if The Woodlands became a city. According to Community Impact Newspaper, incorporated cities use local ordinances to create zoning
More Americans are becoming homeowners, particularly young adults. But the homes they are living in are generally older. Data from the U.S. Census Bureau’s most recent American Community Survey showed that in 2016, the median age of all owner-occupied
Two reports on the state of housing finance this week show that mortgage borrowers are still faring well financially despite some recent economic headwinds. The national foreclosure rate reached its lowest point since 2006, according to a report on May
Houston continues to be a boomtown as construction starts in the second quarter of 2018 grew compared to last year. According to the latest Metrostudy report, Houston saw 28,942 new home starts over the last 12 months, a 6.8
The Department of Housing and Urban Development recently announced that it is looking for public comments regarding plans on “streamlining” the Affirmatively Furthering Fair Housing Rule, an Obama-era rule on desegregation. The rule was designed to help cities and
Updated guidance from the IRS related to federal tax cuts passed at the end of 2017 confirmed that many real estate professionals should be able to claim a substantial income deduction once they file their 2018 tax returns, in
