News / Features

Neighborhood social network Nextdoor launches real estate listing service in Houston

Nextdoor, a neighborhood social network that allows neighbors to stay in touch with each other, is often used to sell items or share messages from a local homeowners’ association. However, the website is now dipping its toe into the

Luxury home prices saw strongest growth since 2014

For the first time since 2014, luxury home prices saw stronger price growth than homes in the bottom 95 percent of the market, according to the latest report from Redfin. Luxury home prices rose 7.5 percent in the second quarter

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Housing sentiment falls in July after last month’s record high

The Fannie Mae Home Purchase Sentiment Index (HPSI) saw decreases in three of the six components in July, leading to an overall decline of 1.5 percentage points to 86.8 in July after June’s record high of 88.3. However, it is still

Redfin stock struggles to find its footing

After its share price exploded in early trading, Redfin stock has fallen back to earth — though the company is still bullish about its long-term prospects. After debuting on July 28 at $15 per share, the real estate technology firm quickly spiked,

Rising rents are leading to a larger homeless population nationwide, study says

It’s easy to see America’s rents are skyrocketing, but some of the most drastic effects of this trend often go unnoticed by the average consumer. According to a recent Zillow report, higher rents are leading to a larger homeless population

Report: Housing demand dipped in June

The number of people seeking new homes slipped 4.3 percent in June — albeit from an all-time high in May, according to the most recent Redfin Housing Demand Index. In the index, 100 represents the historical average for the three-year period

Home renting is at a 50-year high, report finds

Due to lingering effects of the 2008 housing crisis, renting has become a widely popular option for those hoping to combine an independent lifestyle with affordability. In fact, more Americans are actually renting a home than at any point

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Houston has some of the highest hidden homeownership costs in the country, report says

Potential buyers often judge a home’s affordability by looking at list price or mortgage rate alone. However, it’s crucial to take additional, more overlooked costs into consideration before purchasing a property. According to a recent Zillow report, Houston has some

Houston home market considered overvalued, report finds

According to the CoreLogic Market Conditions Indicators data, the Houston–The Woodlands–Sugar Land MSA is considered one of four markets that is overvalued in June. The report defines an overvalued market when home prices are at least 10 percent higher

Kingwood is one of the most affordable U.S. markets with top elementary schools

Kingwood is considered the fifth most affordable housing market with top elementary schools, according to a new ranking from Realtor.com. The website looked at elementary schools in the largest 15 metros that received at least a ranking of 8 out of 10 from

Report reveals ways to satisfy first-time homebuyers and sellers

The recent J.D. Power 2017 Home Buyer/Seller Satisfaction Survey shows there are key things real estate agents can do to make first-time homebuyers and sellers more confident throughout the process. And with recent upticks in home sales – which

Multigenerational homes becoming more popular for aging buyers, report says

As inventory tightens and Baby Boomers begin to age, more Americans are turning to multigenerational homebuying. According to the reNEWable Living Home survey conducted by BUILDER, multigenerational homes have proven to be easier on the wallet while also allowing buyers to

Homeowners saw an average price gain of $51,000 in Q2

According to the Q2 2017 U.S. Home Sales Report from ATTOM Data Solutions, homeowners who sold their homes in the second quarter saw an average price gain of $51,000 since their purchase. This is the highest price gain for

Black, Hispanic homeowners hit the hardest by the housing collapse

One of the main ways for people to gain wealth is through real estate. When the housing market collapsed in 2007, homeowners’ equity (HOE) dropped significantly for everyone. But according to a new report from the Federal Reserve Bank of

Not just millennials: Baby boomers want walkable neighborhoods too, study says

Millennials are known for their desire to live in cities with busy nightlife and easy access to outdoor activities. But this need doesn’t only apply to Generation Y — it turns out baby boomers want walkability in their neighborhoods as

Houston construction rates fell slightly in June, report says

Houston construction starts saw a slight drop last month, according to recent data from Dodge Data & Analytics. These numbers show a slight diversion from a recent pattern of increased spending on building. The report considered all June 2017

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