News / Features

Houston ranked among the best cities for millennials

Despite being popular relocation destinations for younger generations, it turns out that cities like New York and Los Angeles aren’t really the best fit for millennials after all. In fact, a new Apartment List survey finds that Houston is

Housing prices keep going up amidst national inventory shortages

Housing prices increased 7.7 percent in August, according to a recent report from Redfin. This new hike in costs represents the greatest uptick in year-over-year home prices since May 2015. Nationally, the median sale price rested at $293,000, indicating

FEMA encourages some homeowners to consider buyouts over rebuilding

As Houston homeowners assess their damage after Hurricane Harvey, many may want to consider buyouts over repairing or rebuilding after the major flooding. Roy Wright, a Federal Emergency Management Agency official, runs the National Flood Insurance Program and is

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Housing confidence up overall as rising home prices continue to divide the market

Fannie Mae released a report showing overall confidence increase in the housing market yet homebuyer confidence dips to an all time low, creating a split housing market. Fannie Mae’s 2017 Home Purchase Sentiment Index (HPSI) increased to 88.0 which is three percentage points

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National Flood Insurance Program gets extension

Originally set to expire on Sept. 30, the National Flood Insurance Program was recently extended to Dec. 8 while Congress mulls reform of the law, which is overseen by the Federal Emergency Management Association. The extension comes at a

Hurricane Harvey causes declines in August home sales

The Houston real estate market saw major declines in August as the city was hit with torrential rain and flooding from Hurricane Harvey. Single-family home sales dropped 25.4 percent in August compared to last year while total property sales

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Redfin’s growing profits spur stock growth

In the second quarter of 2017, Redfin Corporation’s revenue increased 35 percent from the same time last year to $104.9 million, the company recently announced. The remarkable profit growth is causing Redfin stock to continue rising less than two

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See how much Houstonians need to earn to buy a home in the area

A new study by HSH.com reveals  what salary Americans must earn in order to afford a median-priced home in any given metro. For Houston residents, the cost of homeownership rings in at $57,346.12 a year, a 9.45 percent increase

As Miami and Houston begin recovery, rebuilding is in focus

As Hurricane Irma’s strength wains to a post-tropical cyclone while it continued its path into Georgia on Tuesday, Florida residents are starting their recovery process — a process that Houston itself started recently after Hurricane Harvey ravaged the city. 

PhysicianLoans increases lending ceiling to $750,000 for doctors, veterinarians

PhysicianLoans recently announced that it will now offer zero-down loans of up to $750,000 for medical professionals. As a part of the company’s Doctor Loan program, the financing rate will be available to dentists and veterinarians in addition to

Houston Association of Realtors offers hurricane relief after Harvey

Hurricane Harvey left many Houston residents homeless, houses either lost to flooding or other hurricane related damage. Texas agents have stepped up and started to lend a hand in helping those displaced find shelter.  The Houston Association of Realtors has

Median down payment percentage is highest in three years

A recent report from ATTOM Data Solutions shows that the national median down payment percentage is at its highest in three years. ATTOM Data Solutions recently released its Q2 2017 Residential Property Loan Origination Report, which found that homes purchased with

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CoreLogic HPI: Home prices are up across the board

According to the CoreLogic Home Price Index (HPI), home prices increased significantly both month-over-month and year-over-year in July. The study analyzed listing prices for a comprehensive set of single-family attached and detached homes in gathering its findings. Nationally, the average

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Concern over skilled-labor shortage mounts in the wake of Harvey, Irma

It’s no secret that the amount of skilled laborers in the United States continues to decline. In fact, a recent report by the Associated General Contractors of America found that up to 70 percent of contractors say they have

HUD outlines Harvey disaster assistance for homeowners

The U.S. Department of Housing and Urban Development announced last week that it is sending federal disaster assistance to Texas to help homeowners and low-income renters who have been forced from their homes after Hurricane Harvey. HUD is providing

Could changes to DACA affect homeownership rates?

On Tuesday, the White House officially announced President Trump’s decision to phase out the Deferred Action for Childhood Arrivals (DACA) program, pending a sixth month grace period. Though economists remain unsure about what implications — if any — a

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