News / Features
Since 2014, home prices have been in what CoreLogic Chief Economist Frank Nothaft recently described as a “sweet spot,” consecutively rising between 5 and 6 percent for 15 months. According to the research group’s newest report, home prices rose
Pending home sales in November declined for the third time in four months as buyers continue to battle both rising home prices and limited homes available for sale, according to the National Association of Realtors. The Pending Home Sales
The latest analysis from Dodge Data provided an encouraging assessment of new construction in Houston According to the latest numbers from Dodge Data & Analytics, residential construction spending in the Houston housing market totaled $647 million in November. That total is 14
Existing-home sales fell more than 10 percent in November, marking the slowest sales pace in 19 months and possibly serving as quantifiable proof of the effect TRID is having on the industry, according to National Association of Realtors Chief
Home prices in Texas continued strengthening in October, as Dallas prices jumped 9.3 percent year-over-year, and 0.4 percent from September, according to the new Case-Shiller Home Price Indices from Standard & Poor’s. Although the Case-Shiller does not track Houston
2014 was a marquee year for Houston’s residential real estate market, with record-setting home sales and home prices. It has been a tough act to follow in 2015, a year that saw falling oil prices, growing obstacles for affordability
Stagnant wages and high rents combine to push homeownership out of reach for thousands of Houston residents More than 625,000 renters in the Houston housing market struggle with the cost of housing, according to a new report from the Joint Center of Housing
New home sales are shaping up for their best year since 2007 Sales of new single-family homes in November rose 4.3 percent from October and 9.1 percent from Nov. 2014 to a seasonally adjusted annual rate of 490,000, according
Housing is on a precipice of affordability, according to a new study The Joint Center for Housing Studies of Harvard University has offered some unflinching examinations of the nation’s housing market, particularly in terms of affordability and the growing
Data suggests the young adult homeownership rate is stabilizing After decades of decline, the 25-to-34-year-old homeownership rate has begun to level out, seeing no significant decline in 2014, according to Fannie Mae’s Housing Insights report. That trend, according to
The number of all cash transactions peaked in Jan. 2011, accounting for over 46 percent of total home sales. In September of this year, cash sales represented a much smaller portion of total sales with a 32.5 percent share,
As part of a wider piece of tax legislation, Congress has voted to extended the Mortgage Forgiveness Debt Act to 2017. Originally passed in 2007, the act protects underwater homeowners from incurring tax bills on the debt forgiven during
Inclusion and acceptance for the LGBT community is on the rise, according to the Human Rights Campaign, which recently released its 2015 Municipal Equality Index. Rated on a 100-point scale, the LGBT rights group’s annual index assigns numerical grades
Speculation on the future of Houston’s construction market spans the spectrum, from unbridled optimism to doomsday nihilism. The reality will likely fall somewhere in the middle of that range, according to a 2016 construction market outlook from Atlanta-based CMD Group,
Where does America’s middle class stand financially? New analysis from the Pew Research Center explains The U.S. middle class, which has long defined the country’s economic prosperity, is no longer the majority of Americans. That eye-grabbing finding came courtesy of
It was a month of thanksgiving for the nation’s homebuilders November offered U.S. homebuilders many reasons to give thanks, with permits, starts and completions all in positive territory. According to the latest report from the U.S. Census Bureau, building