News / Features

How the tax reform impacts Texas homeowners

As Congress works on creating a new tax bill, the National Association of Realtors (NAR) has been vocal about the ways in which the proposals would affect homeowners, home prices and the real estate industry as a whole. However,

Amazon Echo introduces Agent Neo, real estate matchmaking app

On top of playing your favorite music and giving you weather reports, Amazon’s Alexa is adding a new skill to her vast voice-activated repertoire — helping users buy and sell homes. Agent Neo, a new real estate app on

Houston home prices jump 3.1 percent in October

Home prices in the Houston metropolitan area had a year-over-year increase of 3.1 percent in October, while national prices increased 7 percent, according to the recent CoreLogic Home Price Index. The national increase marks the fourth consecutive month of

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Top five home perks buyers will not give up

With home prices skyrocketing and inventory in high demand, it’s not surprising that homebuyers have started sacrificing some of their most desired amenities in the name of finding an affordable home. In the current market, buyers are willing to

Zillow: Homeowners spend less of their income on mortgage payments than they did historically

New research from Zillow shows that mortgage payments today are consuming a smaller percentage of the average homeowner’s income than they did historically. The typical homeowner saves roughly $3,3oo annually on mortgage payments, compared to how much it would

Explore Bitcoin’s emergence in real estate with Miami Agent magazine

Buying or selling a piece of property is a huge milestone in anyone’s lives — one that typically involves one of two payment options: taking out a mortgage loan or, less common, purchasing outright with cash. However, there’s a

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U.S. construction sees strongest growth in five months

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

NAR, NAHB diverge on Senate tax bill

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 ranks No. 2 on Forbes list of best states for business

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

This Week in Houston Real Estate: Micro apartment trend continues to spread

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

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Redfin: Housing demand slid in October

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.

U.S. pending home sales bounce back in October after three-month decline

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

Freddie Mac: Housing market on track for best year in a decade

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

HUD provides $5 billion for Hurricane Harvey repair

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

Top 20 ZIP codes for FEMA applications show widespread Harvey damage

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,

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Construction making its highest contribution to economy in seven years

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

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