News / Features

The Relative Rarity of Million-Dollar Listings in Houston

Sure, our area has some wonderful luxury housing markets, but in the grander scope of the market, how common are those million-dollar listings? We may hear about luxury real estate on a consistent basis, but luxury listings in the

Houston Outnumbers California in New Home Starts

Houston surged above the entire state of California in new-home starts last year, according to a CultureMap Houston report. More new home construction, with the addition of new commercial real estate, is fueling Houston’s building boom, which should continue

Houston Asking Prices, Rents Continue Strong Increases in March

March was another solid month of price increase in the for-sale and rental markets, both locally and nationally. Houston’s asking-price fortunes continued in March, according to the latest Price Monitor from Trulia, with asking prices in the area’s housing

Very Few Houston Homes Affordable on a Median Salary

Affordability is often crunched into a single number, but how does it differ across the spectrum of salaries? Houston’s housing market may be relatively affordable, but it only goes so far for someone earning a median salary. That was

Residential Mortgages Becoming More Available

Mortgage standards have been pretty tight since 2008, but new readings from the MBA show them to improving. On the surface, it looks pretty underwhelming. From February to March, the Mortgage Banker Association’s Mortgage Credit Availability Index (MCAI) increased

March Home Sales in Houston Climbed Despite Record-Low Inventory

Inventory may be lower and prices may be higher, but Houston’s housing market was still positive in March March continued Houston’s streak of positive home sales, making it the 34th consecutive month, despite the record low 2.6-month supply of

5 Unexpected Details About the Younger Boomer Generation

The housing downturn and economic recession introduced some very intriguing details to Younger Boomers. The Baby Boom generation is arguably the most visible generation in America right now, yet given its diversity, it still manages to surprise us. So, in

Fannie/Freddie Reforms = Higher Mortgage Rates

Discussions on how to reform Fannie Mae and Freddie Mac get really wonky really fast, but they impact your business in very practical ways. We’ll cut straight to the chase – if current proposals to overhaul Fannie Mae and

CoreLogic: Foreclosure Markets in Houston Continue to Improve

There are many uncertainties in the world, but here’s one thing we know for sure – progress has been made on the foreclosure front. Foreclosure inventory in the Houston-area housing market dropped 33 percent year-over-year in February, according to the

With Recent Price Gains, Houston’s Housing Market Could Be Overvalued

Our local market has made quite a bit of progress since 2011, but has it advanced too far? Housing bubble talk has grown strangely common the last few months, what with home prices nationally posting double-digit increases from where they were a year

Size Matters – When it Comes to the Homes Generations Buy, At Least

The various generations differ in many ways, especially when it comes to the types of homes they ultimately buy. The last couple weeks, we’ve been combing through NAR’s latest Home Buyer and Seller Generational Trends Report, and have reported

Reis: Houston Rents Up 3.8% From Last Year

In the last four years, the U.S. apartment vacancy rate has been cut in half; what’s happened at the local level? Reis, Inc. released its latest report on the nation’s rental markets yesterday, and it featured a stunning statistic:

The 7 Essential Features in a New Home in 2014

What new home features are consumers desiring the most in 2014? And which ones do they consider essential? We all know how many variables go into a new home, and we all know that every consumer is unique in

Census Bureau: Construction Spending Flat in February

February was a stable month for construction, according to the latest analysis by the U.S. Census Bureau. Construction spending in February held steady at a seasonally adjusted annual rate of $945.7 billion, according to the latest numbers from the U.S.

Better Homes and Gardens Real Estate Gary Greene Welcomes Three Realtors

Better Homes and Gardens Real Estate Gary Greene has announced the addition of three realtors to two of its Houston-area offices. Kristin Wiseheart has joined the Champions office, and Silvia Higday and Dayna Simon have joined the Lake Houston

Houston Home Prices Up 13.6% in CoreLogic HPI

Home prices continued their ascent in February, according to the latest index from CoreLogic. Home prices in the Houston area increased 13.6 percent year-over-year in February, according to the latest Home Price Index from CoreLogic. That yearly total was

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