News / Features
Foreclosures are being completed at dramatic rates…and why that might not be so good. The newest foreclosure report from CoreLogic highlights the nation’s continued efforts to push through new and long pending foreclosures, but the robust pace of completion
New data shows that the city of Houston is one of the most active luxury housing markets in the entire U.S. The city of Houston is the No. 6 luxury housing market in the U.S. in terms of sales, according to
Construction spending rises and falls throughout the country, helping and hindering markets struggling to refill dwindling inventories. Construction spending was up this past October, according to recently released figures from the U.S. Census Bureau. The increases, which amount to
Move, Inc., the company that oversees NAR’s realtor.com website, has filed a lawsuit against Curt Beardsley, a former VP of product marketing who, earlier this year, left Move for a new position at competing syndication site Zillow. This marks the
What began with simple concrete swimming pools in the first master-planned communities of Houston has turned into an amenities arm race amongst developers looking to attract new residence. Today, communities are expected to feature on-site cafes, stocked fishing ponds,
At the end of the day, how much income do consumers need to qualify for certain mortgages in our housing market? In our most recent analysis of housing affordability, we looked at what percentage of our housing market’s inventory
Though overall construction is mostly flat from last year, both single family and multifamily are putting up some encouraging numbers. Residential construction spending was up just 1.3 percent from September to October and 1.8 percent from Oct. 2013, rising
Stable, moderate price appreciation may tell a much larger economic story. Though the pace of home sales has slowed throughout much of the nation, year-over-year price gains remain healthy, increasing in October yet again, making 32 months of
There’s very little that’s conventional in terms of how homebuyers today finance their purchases, as 2014 draws to a close. In our most recent story on NAR’s 2014 Profile of Home Buyers and Sellers, we looked at how consumers
Contract signings are down late in the year but still above average. The latest Pending Home Sales Index report from the National Association of Realtors showed a slight dip in pending home sales in October. Still, levels remain healthy
One aspect of the economic recovery could haunt the housing market far beyond its current cycle. Seven million is a big number, and unfortunately –for both the housing market and the wider economy – it’s attached to a remnant of the Great
Obama’s immigration actions have sparked heated rebuttals from both sides of the aisle, but in Houston, it’s all about business. On November 20, millions of Americans tuned in to watch President Obama’s address regarding his recent Immigration Accountability Executive
Everybody wants a new home, but fewer people will be able to afford them at this rate. Newly built single-family homes are extremely expensive. That was the big takeaway from the latest new home sales report from the Census
It would appear to be a glaring contradiction in the nation’s housing market, but a bit of flip-side thinking immediately clears things up. The HMI, the NAHB’s measurement of builder confidence, rose yet again this month, jumping four points
Sitterle Homes has opened a 17-homesite enclave, Roesner Woods, at Roesner Road and Saddlehorn in Katy. Each property, roughly a third of an acre in size and individually gated, is priced from the $600,000s. The homes offer six designs,
Two brand new luxury model homes built by Village Builders in Woodtrace, Friendswood Development’s newest community, are now open. Two collections of homes, Wentworth and Kingston, will be offered and priced from the mid $300s to the mid $500s. The
