News / Features

Report shows U.S. homes getting more affordable

In the third quarter of 2017, homes were more affordable in 60 percent of U.S. counties measured in a new study from ATTOM Data Solutions. However, affordability is worse now than a year ago in 79 percent of those

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Condos, townhomes are some of the fastest-growing segments in Texas residential real estate

Condominium and townhomes are quickly increasing their share of the residential real estate market in Texas, as sales passed $5.41 billion between August 2016 and July 2017, according to the recently released Texas Condominium Sales Report from the Texas

Private residential construction spending grows in August

As housing inventory tightens across the country, private residential construction spending grew in August as builders attempt to alleviate some of the stress. The National Association of Home Builders (NAHB) found that private residential construction spending was $520.9 billion

Zillow listings to go 3D

Prospective homebuyers and renters have a bevy of information about homes at their fingertips, but they’ll soon be able to get an even closer look at homes as Zillow launches its 3D Homes feature. Real estate agents will now

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Around 6 percent of Houston’s apartment supply impacted by Harvey

About 6 percent of Houston’s current apartment supply was affected by Hurricane Harvey, according to data from RealPage, a real estate data firm. This makes up around 43,000 units across the city.  RealPage reports that many of Houston’s apartments

Homeowners only have to own a home for 2 years before it makes more sense than renting

When is it the right time to switch from rent to owning? Usually this answer is subjective, depending on things like income, family size and location. However, in real estate it can often be a matter of time. Recent

CoreLogic shows U.S. home prices spike up

It seems as though homeowners who believe that next year will be a better time to sell may be right as home prices continue to rise. Not only increasing year-after-year, but also month-to-month as of August 2017.  CoreLogic released

NAR: Remodeling reaps rewards for homeowners

Sometimes remodeling seems unnecessary, like a luxury that should be put on the back burner while you focus on home repairs and fees that can’t be ignored. However, a recent report from the National Association of Realtors shows that

Redfin extends 1 percent listing fee to 18 more markets

Redfin has extended its 1 percent listing fee to 18 more markets this week. Approximately 80 percent of Redfin’s home-selling customers will only pay 1 percent of the final sale price, depending on the market. Redfin tested out the

Harris County approves plan to buy out more than 200 homes

The Harris County Commissioners Court approved a $20 million plan to buy out around 200 homes that were damaged by Hurricane Harvey and aren’t eligible to be rebuilt unless their elevation is raised. Harris County Judge Ed Emmett told

Why are homeowners hesitant to sell?

For the fourth time in five months, the housing market saw a decrease in home sales — hitting the lowest it has in 12 months this August with low inventory across the country. With homeowners confidence in selling at

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Top bathroom renovation trends of 2017

Homeowners in 2017 want a lot in their bathroom space. However, what used to be one of the main bathroom components — the bathtub — is one they do not want, preferring alcove or corner showers. Houzz recently released their

Home damage from Harvey will be taken into account when assessing property values for 2018

Harris County officials recently announced that they will take recent damage caused by Hurricane Harvey into account when assessing property values to determine property taxes for 2018. State officials are currently estimating that nearly 100,000 residents suffered home damage.

Pending home sales continue to fall

Pending home sales fell in August, according to the National Association of Realtors, and Hurricane Harvey and Irma are expected to put existing sales below 2016’s pace. This marks the fifth time in the past six months that pending

Redfin Housing Demand Index up 27 percent from last year

The Redfin Housing Demand Index remained relatively flat from July to August, rising slightly from 126 to 127. However, on a year-over-year basis, it is up 27.7 percent. The Demand Index is calculated using the number of Redfin customers

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Houston construction starts continue to hold steady

Construction starts for the Houston-Baytown-Sugar Land MSA grew slightly in 2017 compared to 2016’s spending, according to a new report from Dodge Data and Analytics. Total construction starts grew 2 percent in August 2017 to $1.3 billion compared to

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