News / Features

Harris County Saves More by Refinancing

SmartAsset evaluated refinancing around Texas and the country to find that Houstonians are saving more. In Harris County, residents are saving more each year on mortgage refinancing than anywhere else in the state, an analysis from SmartAsset, a personal finance website,

Zillow Wins the Battle – Move is Ready for the War

A California judge granted Zillow’s temporary restraining order to keep ListHub data flowing to Trulia. But will they win the case?   The verdict is in – at least for now – and until March 12, a California judge ruled

Huge Share of Millennials Return Home After Moving Out

The past few months, we’ve reported on the many thorny issues facing Millennials – that their wages in many industries have plummeted in recent years; that their savings rate is negative; that they have pushed roommate rates up to

Texas Price Growth Remains Strong in New Case-Shiller

Texas continued to lead the pack in the latest Case-Shiller Home Price Index. Home prices in the Lone Star State remained strong in the latest Case-Shiller Home Price Indices. Though the indices do not track Houston, prices were very encouraging in Dallas,

3 Remarkable Charts on How Construction Has Shifted Towards Multifamily Developments

In a recent article on new construction, we reported that the multifamily share of total construction had risen from 17.2 percent of the market in Jan. 2002 to 35.1 percent of the market in Jan. 2014. Such a striking

NAR: Existing-Home Sales Hit Nine-Month Low

Agents are working hard to make 2015 a profitable year, but low inventories are keeping sales slow. January marked the start of a new year, but it was hardly the hit the ground running beginning the market was hoping

Bad News For the Middle Class = Bad News For Housing

Whenever you see a report on America’s evaporating middle class, you should think about the implications for housing. Homeownership is a defining symbol of American middle class life; indeed, the quintessential image of a single-family detached house, complete with

Why is Builder Confidence So Out of Touch with Reality?

Builder confidence is far above the rate of new construction; what gives? Here’s an interesting nuance to the housing recovery: the Housing Market Index, which tracks builder confidence, dropped a couple points from January to February, finishing at 55;

UPDATE: ListHub to Trulia: Five Days Left

In an ongoing battle to reign supreme over real estate listings, Move today announced its split with Trulia. And the blows keep landing. In a continuing battle over listing dominance, ListHub, which is owned by Move. Inc, operator of

Allen Tate Companies’ Pat Riley Named Chairman of Leading Real Estate Companies of the World

Pat Riley, president and chief operating officer of Allen Tate Companies, has been elected to a two-year term as chairman of the board of Leading Real Estate Companies of the World (LeadingRE), a global network of more than 500 market-leading

Majority of Houstonians Now Live in Rental Housing

Just how dramatic has housing shifted towards rentals, in the last seven years? Fifty-four percent of Houston residents now live in rental housing, up from 50 percent in 2006 and 41 percent in 1970; as if that weren’t enough, the renter

Cy-Fair Staying Ahead of the Curve

Houston is a booming market, but available homes are struggling to match demand, helping Cy-Fair emerge as a premier destination. Around the country, markets are normalizing, blurring the lines of favor to keep buyers and sellers on an even

3 Reasons that Mortgage Rates Remain So Darn Low

Why are mortgage rates still so low? Allow us to count the ways. Average rates for the 30-year FRM may have ticked up last week, but they remain at their lowest point since May 2013. What’s behind the low stature

Multifamily Construction Picks Up Where it Left Off in 2015, Drives Market

It was the same old story in January, with multifamily construction leading the way. Another year, another setting for multifamily dominance in residential construction. That was the central lesson from the Census Bureau’s latest report, which found multifamily permits, starts

Zillow Officially Acquires Trulia for $2.5B, Gives Birth to ‘Zillow Group’

Zillow yesterday completed its acquisition of Trulia, shelling out $2.5 billion for its former rival and forming the “Zillow Group,” the parent company that will now house not only the Zillow and Trulia brands, but also StreetEasy and HotPads. Though nothing has

Houston Amongst Top Moving Destinations in 2014

In 2014, just as in the years before, Americas are on the move to the many destinations that our nation has to offers. According to data compiled by Penske Truck Rental, do-it-yourself movers are consistently moving to the warm and

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