News / Features

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Houston construction spending continues increasing, according to new report

Dodge Data & Analytics released new statistics on money spent on new Houston construction Thursday. The report considered all May 2017 constructions starts in the Houston area. There was a positive percent change for nonresidential construction starts between this year and

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More and more people are bidding on homes they haven’t seen

Those looking to buy homes in this market have little time to ponder if they want an available home. In fact, more and more people are bidding on a home without even seeing it in person, according to a recent

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Renters don’t believe it’s a good time to buy, report says

While 70 percent of Americans believe now is a good time to purchase a home, renters aren’t necessarily on the same page — only 52 percent of the country’s renters believe it’s a good time to buy. While the

The average millennial needs to save for 11 years to afford a home in Houston, study says

As millennials have aged into the largest homebuying population in the country, economists and real estate experts have spent considerable time figuring out why the group is slow to buy homes. Millennial spending habits have been blamed, as has

Potential homebuyers could crowdfund their future homes

Fundrise, a Washington D.C. managing company, created a way for prospective homebuyers to crowdfund their future homes. Public investors buy shares in an “eFund,” a limited liability company that develops housing in the city. Investors must make a minimum

Home price index hit five-month record high

Home prices rose across the country, according to a report released Tuesday. S&P Dow Jones Indices announced the positive results of the S&P CoreLogic Case-Shiller Indices which measures U.S. home prices. The U.S. National Home Price NSA (non-seasonally-adjusted) index showed

Homeowners believe it is a good time to sell. Why won’t they?

Market factors indicate that it’s a seller’s market, yet the number of homes for sale is at a record low. Now, an overwhelming percentage of homeowners believe it is a good time to sell, leading some to conclude that

You can rent out most homes in Houston for a profit, study says

If you’re considering becoming a landlord in a city like Houston, you’re in luck. Potential landlords can rent out most homes in a majority of America’s largest markets for a profit, according to a recent Zillow report. In 25 of

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Trump tax plan targets loophole that spurs property investment, critics say

The Trump administration’s tax reform plan could have a negative effect on homeowners, but another key piece of the policy may especially hurt property investors. Though some experts have thrown cold water on the idea of a major tax overhaul

National housing inventory drops at fastest rate in four years, study says

Low housing inventory has troubled buyers since the end of the recession, and it doesn’t seem to be getting any easier to beat out the competition for a purchase. In fact, the number of homes for sale has now dropped more quickly

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Tear-down starts increase to meet demand for smaller, more affordable homes

Tear-down starts are increasing to meet the rising demand for new single-family units, according to a new report from The National Association of Home Builders. The NAHB and Wells Fargo used their February 2017 Housing Market Index to track the

Majority of Americans say cost is top barrier to homeownership

As home prices continue to rise nationally month after month, affordability is a major concern for people across the country. Rising costs are making it more difficult for many potential homeowners to find quality homes with an affordable mortgage. According to a

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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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