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

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