News / Features
Thanks in part to some slight relief in housing inventory woes, March saw the strongest home sales of any month since the housing market collapse, according to the National Association of Realtors. Home sales in March totaled 5.71 million, the strongest
Cottage Grove showed the highest land appreciation over the past 10 years, according to a new report from Houston Properties. The study looked at more than 400,000 Houston home sales since 2000 and utilized the Houston Association of
Houston rents have decreased 2.5 percent in the past year to an average of $1,544, according to the March Zillow Real Estate Market Report. From 2015 to 2016, rent in Houston increased 4.0 percent. Rents rose only 0.7 percent nationwide
More investors and lenders are predicting an increase in single-family housing development that will outpace multifamily buildings, according to the 2017 Akerman U.S. Real Estate Sector Report. Of those surveyed, 43 percent said single-family homebuilding will be the most active
In what has been a primarily industrial warehouse district, East Houston is showing potential to become just as popular as West Houston for residential and retail spaces, according to GlobeSt.com. The newly constructed Grand Parkway expansion and new master-planned
Housing affordability is down nationwide as mortgage rates have increased in February, according to The National Association of Realtors’ latest affordability index. Housing affordability declined 8.7 percent from 175.9 in February 2016 to 160.6 in February 2017. The
Anyone interested in purchasing investment property in the Houston area, take note: Redfin recently ranked Houston as one of the best college town locations to buy. Redfin analyzed the latest U.S. News and World Report ranking and looked for
With all the talk of Millennials and how they fit into the housing market, Generation X doesn’t get a lot of attention as a home-buying population. Gen X-ers, aged 37 to 51 years, make up the second largest share
Houston was the ninth hottest destinations for Millennials who moved last year, according to a new survey from Mayflower. Some of the main characteristics that survey respondents were looking for in their new cities were job opportunities, affordable cost
Starting May 1, Airbnb guests in Houston will be charged a 6 percent hotel occupancy fee. This comes after years of criticism from the American Hotel and Lodging Association that Airbnb operates like illegal hotels that evade hospitality regulations
Houston foreclosure activity has fallen below pre-recession averages, according to a new report from ATTOM Data Solutions. Nationwide first quarter foreclosure activity also was reported as below pre-recession levels. The Houston-The Woodlands-Sugarland MSA reported 3,375 properties with foreclosure filings in
New homes are getting bigger, which has helped in balancing out price appreciation while the market sees low inventory and high demand, reports CoreLogic Chief Economist Frank Nothaft, based on Census Bureau data on new residential construction. What’s changed?
More renters are saying they have no plans to move this year and have no interest in owning a home, according to a new survey from Freddie Mac. The survey also found that the expectation to purchase a
Vacation home sales have dropped significantly, according to a recent study by the National Association of Realtors. Only accounting for 12 percent of all transactions in 2016, vacation home sales fell to an estimated 721,000 transactions—the lowest since 2013 (which saw
Houston ranks as having some of the highest property taxes in the nation, with Texas having the third highest effective property tax rate at 2.06 percent, according to data collected by ATTOM Data Solutions. Within the Houston-The Woodlands-Sugar Land
Single-family home sales and prices rose in March, while the housing inventory also grew, according to the latest report from the Houston Association of REALTORS®. Single-family home sales are up 11.7 percent to 7,013 compared to March 2016,
