News / Features

Under GOP tax plan, hard-to-find affordable housing would be even more scarce

There’s been no shortage of news about increasing home prices and low housing inventory around the country, but one thing there definitely has been a shortage of is affordable housing. And according to industry experts, that shortage could get

This Week in Houston Real Estate: Groups unveil 20-year plan for downtown

Source: The Downtown District The Houston Downtown Management District and Central Houston Inc. unveiled their 20-year plan for the city — “Plan Downtown: Converging Culture, Lifestyle and Commerce.” The proposal calls for the development of 12,000 multifamily units to support

More people get mortgages online, but they’re increasingly dissatisfied

More and more customers may be heading online to purchase mortgages, but overall satisfaction with electronic mortgage processes is majorly declining, according to J.D. Power’s 2017 U.S. Primary Mortgage Origination Satisfaction Study. According to the study, individuals find online

Report: Affordability increases despite rising home prices

Although home prices are on the rise across the country, affordability has actually increased since July, according to the latest Mortgage Monitor from Black Knight. According to the report, only 21.4 percent of the median income is needed to purchase

Compass plans huge expansion after raising $100 million

Compass, a real estate technology startup, announced that it has raised $100 million during the Series E investment round, which it will use to expand to every major city within the United States. The company is now valued at $108

NAR shares support for Flood Reform Act

After starting a petition for Congress to reauthorize the federal Flood Reform Act in August, the National Association of Realtors (NAR) recently decided to double down on its efforts to ensure the bill remains in place. This Monday, NAR penned

Houston housing market continues to show strong recovery through October

The Houston real estate market showed its resiliency after Hurricane Harvey with home sales and rentals continuing to show growth for the second month in a row, according to the latest monthly report from the Houston Association of Realtors.

Homesnap, Waze partner to create geo targeted listing ads

One of the main hurdles agents have to overcome on a regular basis is having their listings seen by the people who are most likely to be interested in it. While previous wisdom was to get the ad in

Millennials want to buy homes, but worry about finances

A majority of millennials wish to someday own a home, but are unsure if their dream will become a reality, according to a recent survey by ValueInsured. The Modern Homebuyer Survey found that the desire to own a home among millennials

NAR: GOP tax plan ‘attacks homeownership’

The GOP’s new tax plan, the so-called Tax Cuts and Jobs Act, “attacks homeownership,” according to a new statement from the National Association of Realtors (NAR). NAR has been vocally opposed to the bill, which would significantly reduce homeowner

Houston home prices jump 3.3 percent since last year

Compared to last year, home prices in the Houston-The Woodlands-Sugar Land MSA rose 3.3 percent in September 2017, with month-by-month prices increasing by 0.1 percent between August and September. According to CoreLogic’s U.S. Home Price Index, as of September

Hurricane Harvey causes first decline in Texas home sales since 2012

Texas home sales declined 0.3 percent in Q3 2017, which is the first time Texas home sales have declined on a quarterly basis since Q2 2012, according to the 2017 Q3 Texas Quarterly Housing Report released today by the

NAR board votes to remove MLS subscription requirement

On Monday, the National Association of Realtors Board of Directors voted on four major MLS adjustments, one of which will allow agents more flexibility in MLS choice. A new broker-backed policy that is being called “MLS of Choice” prevents

NAR forecasts a strong 2018 for home sales amid inventory shortages, tax reform uncertainties

The National Association of Realtors (NAR) predicts a strong 2018 for home sales, but inventory shortages and upcoming tax reform could have a major impact on the market. NAR’s Chief Economist Lawerence Yun presented his 2018 housing and economic

National Association of Realtors installs 2018 leadership

Elizabeth Mendenhall, CEO of RE/MAX Boone Realty in Columbia, Missouri, was installed today as 2018 president of the National Association of Realtors during the Realtors Conference & Expo in Chicago. Mendenhall was NAR’s 2017 president-elect and 2016 first vice

FSBOs reach all-time low in 2017

For-sale-by-owner (FSBO) homes accounted for only 8 percent of recent home sales, according to the National Association of Realtors (NAR). This marks an all-time low in FSBO home sales since NAR began recording the data in 1981. Between 2001

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