News / Features

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Houston has some of the worst urban sprawl in the country

Cities with urban sprawl are known for having low walkability and generally have grown with an emphasis on car compatibility over pedestrian and public transportations. Thrillist recently ranked cities based on different walkability studies and Houston, unfortunately, makes the

National median home sales price hit record highs, NAR reports

The median sales price hit a new high while the median days on market hit a new low, according to the National Association of Realtors. Total existing home sales increased 1.1 percent from April to a seasonally adjusted annual

Houston ranked fourth-best American city

Houston is the fourth best city in the United States, according to a report released Wednesday. Resonance Consultancy’s report was announced Wednesday at New York University during an awards celebration. It named the 50 best large American cities and the 50 best small

Best Houston neighborhoods for the value

Trulia released a list of America’s best value neighborhoods Friday that detailed the 100 biggest metros’ values. Trulia’s list considered first-time buyers and where in the country they could get the best value for their money. Neighborhoods were not just

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Fort Bend, Harris County rank in top 10 for incoming investments

Fort Bend and Harris counties ranked in the top 10 nationally in SmartAsset’s latest study that ranked the places with most incoming investments, which can be used to evaluate a county’s growth over the past year. In order to

Sales speed, competition hit record highs in May

Last month’s buyers faced one of the most competitive markets to date, according to Redfin’s May 2017 housing market report. As homes flew off the market and supply continued to decrease, speed of home sales and buyer competition hit

Nationwide, 4.6 million new apartments needed by 2030 to keep up with demand

Apartment demand is already tight in many cities across the country, and without an increase of inventory, it may become more difficult to find affordable market-based housing options. A new study from the Hoyt Advisory Services and commissioned by

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The 10 issues impacting agents the most this year, according to CRE

Real estate agents are concerned that political uncertainty and the disruptive nature of new technology will affect their business this year, according to the Counselors of Real Estate (CRE). CRE unveiled its 2017-2018 Top Ten Issues Affect Real Estate

Fannie Mae raises debt-to-income level to benefit more potential borrowers

Fannie Mae has made home purchasing easier for a number of people – including Millennials – by raising its debt-to-income (DTI) threshold. According to the Washington Post, Fannie Mae’s DTI ceiling will be raised from 45 percent to 50 percent

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The McMansion is falling out of favor with homebuyers

As millennials increasingly warm to the idea of homeownership and Baby Boomers begin thinking about selling their homes, one wrinkle in the homebuying cycle has appeared: no one wants to buy McMansions. What is now a staple of suburban

Houston median home prices hit new record in May as home sales increase

Houston’s real estate market is showing signs of growth across all indicators in the May 2017 report from the Houston Association of Realtors. A total of 8,156 single-family homes sold in May, an 11.5 percent increase from 2016’s sales

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Mortgage delinquencies hit 10 year low

The number of people who are late or behind on their mortgage is at the lowest rate in 10 years. According to CoreLogic’s monthly Loan Performance Insights Report released Tuesday, 4.4 percent of mortgages nationwide were delinquent, compared with 5.2

5 reasons for a declining homeownership rate

Rosen Consulting Group (RCG) partnered with the National Association of Realtors and found five reasons for the United States’ declining homeownership rate, according to research released recently. RCG found post-foreclosure stress disorder, mortgage availability, student loan debt, single-family housing

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Houston is the second hottest market for new home construction

The major population boom in Texas has caused cities to take up many of the top spots in Builder magazine’s annual ranking of the top 50 new home markets by closings. According to the website, “the list includes the

Houston’s top ranked high schools, according to Children at Risk

The quality of a school district is a major factor in many homebuyers’ decision in where to purchase. Children at Risk recently released their 2017 school rankings, which lists both the top schools within Houston as well as in

Consumers believe it is a sellers market, survey says

Fannie Mae’s Home Purchase Sentiment Index (HPSI) saw a slight drop of .05 percentage points to 86.2, according to the National Housing Survey report for May 2017. This drop is due to decreases in three categories being larger on-net

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