New projections from the country’s Bureau of Labor Statistics forecast big job gains for the construction sector over the next decade and emphasize the growing importance of environmentally conscious building. Over the 10-year period beginning in 2014 and ending

The federal funds rate will rise by 0.25 percent The Federal Reserve announced today that it will raise the federal funds rate, the key interest rate that influences mortgage, auto loans and other forms of financing, by 0.25 percent. Additionally,

Year-over-year gains in national equity were in the double digits at the end of this year’s third quarter, as a healing economy helped keep home price appreciation positive and consistent, according to a new report from CoreLogic. On Sept.

One-stop shopping offers benefits to homebuyers, but they still want agents’ help Fifty percent of recent homebuyers used one source, or one-stop shopping (OSS), to procure homebuying services, according to a National Association of Realtors survey. That is compared to 29 percent

America sees a range of three to 26 years to save for a downpayment, depending on the state It takes 6.45 years for an average first-time homebuyer to save for a down payment on a new home in Texas, according

Builder confidence in the market for newly constructed single-family homes remained relatively flat in December, dropping one point to 61 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). David Crowe, the NAHB’s chief economist, said past

What is the preferable home size? The median size for homes purchased in 2015 was 1,900 square feet, according to the 2015 Profile of Home Buyers and Sellers from the National Association of Realtors. Beyond that median, though, NAR uncovered

On Monday, Dec. 7, the Greater Houston Partnership forecasted that the Houston metro area will create 21,900 net new jobs in 2016, even though low oil prices will be a drag on the regional economy. “If you want one

States that rely heavily on oil and gas production are losing billions in tax revenues as the low price of oil continues to prompt companies to cut budgets, shrink workforces and, in some cases, file bankruptcy. Because of its

Fannie Mae’s 3-percent down-payment policy was met with praise and skepticism in equal parts, but how has it impacted housing? It was last October when Fannie Mae announced that, in an effort to broaden credit access, it would lower its

Manzel Contemporary Homes is building 29 townhomes in a new community called Museum’s Gate, which will be located on Portland Street, near Main Street and just behind The Museum Tower. “There is a sense of serenity and privacy to

Click on the tabs below to see the top single-family, condo and multifamily closings in Greater Houston’s housing market in October. Single Family Condo Multifamily Single Family Sales Price Property Agent Office $3,500,000 Arrowwood Ci, 11682, Houston Joel Rankin J.D. Rankin

The city of Pearland, about 12 miles south of the Texas Medical Center, reported a 52 percent spike in single-family homebuilding permits to 1,457 for fiscal year 2015, which ended Sept. 30. Residential permits in Pearland totaled $328.4 million

Although it’s still far from its pre-recession peak, car transportation is up There has been a significant increase in the number of Americans driving, according to a report released by Doug Short of Advisor Perspectives. The report looked at the estimated

Homes are selling rapidly at Bluejack National, Tiger Woods’ new luxury golf resort. Although the development has yet to open, 43 houses have already been pre-sold. The new residential community will also include an exclusive championship golf course designed by Woods.

The Hanover Co. is under contract to buy land in the Galleria area. The Houston-based multi-family developer plans to purchase a parcel of land just south of its Hanover Post Oak luxury apartment tower off South Post Oak Lane. The deal is expected