News / Features

3 Intriguing Details About Today’s Mortgage Environment

The mortgage markets may have undergone a radical change since 2008, but some details may still surprise you. Last week, we reported a rather sobering statistic – according to record keeping by Ellie Mae, the average FICO score for

Residential Construction in Houston Posts Huge Increases

Residential construction has been making a tepid comeback in recent months; how did March play into that narrative? Let’s put it this way – March was a wonderfully positive month for residential construction in the Houston area, according to

Houston’s 10 Most Expensive Neighborhoods

Houston is well known for its affordability, but what neighborhoods are in the upper echelon of pricing? Time and again, we’ve reported on the relative affordability of housing in Houston, and how much that affordability differs from similarly large,

New Construction Numbers Offer Pleasant Springtime Surprises

It’s been a rough year so far for new construction, but March’s report from the Census Bureau offered some pleasant, unexpected surprises. Residential construction spending in March rose 0.8 percent from February to a seasonally adjusted annual rate of $369.8

New Data Shows Homeownership Comes Naturally With Age

Some new statistical work by the NAHB has brought some life to one of the more known truisms about homeownership. It’s one of those details about real estate that everybody knows – younger people tend to rent, while older

The 4 Reasons Why Housing Inventory is So Darn Low

We all know that housing inventory remains at record-low levels; why is that the case, though? The other day, we reported that housing inventory increased 4.7 percent in March to a 5.2-month supply. Though technically an increase, that represents

Texas Home Prices Reach New Highs in Case-Shiller

Home prices offered few surprises in the latest Case-Shiller report. Home prices in the Lone Star State reached new highs in February, according to the latest Case-Shiller Home Price Indices from Standard & Poor’s. Although (astoundingly) S&P does not track home prices

How Distressed Homes Went From Prominence to Nonexistence

Distressed home sales were once the most visible characteristic of the housing market, but they’ve taken a much-desired back seat in recent months. Buried in NAR’s latest existing-home sales report was a precious nugget of housing news – in

Pending Home Sales Finally Reverse Course in March

It’s been a rough year for pending home sales, but March finally brought some good news to the beleaguered housing stat. Pending home sales reversed a longstanding trend of declines in March, posting their first increase in nine months, according

Houston’s Housing Market is Not Selling as Fast as You Think

We keep hearing about how time on market continues to fall, but what do the averages tell us about how fast our market really is? Earlier this week, we reported that nationwide, time on market has fallen seven days

Better Homes and Gardens Real Estate Gary Greene Adds Realtors Samantha Richards and Brenda Chavez

Better Homes and Gardens Real Estate Gary Greene has announced that realtor Samantha Richards has joined the firm’s Lake Houston team, and realtor Brenda Chavez has joined the Inner Loop office. Richards brings over 15 years of experience to Better Homes and

Houston Ranks In The 25 Best Cities and Neighborhoods for Millennials

As recent college graduates set their sites on jobs across the country and former grads weigh the pros and cons of staying put versus moving to a new location for better pay and cheaper rent – these young professionals

David Weekley Homes Announces Expansion To Chicago

Founded in Houston, Texas in 1976, David Weekley Homes has announced it’s expansion midwest to Chicago. This will mark the first time that the home builder will be building homes in this state and anticipated sales of Weekley’s in

5 Peculiarities in the New Construction Marketplace

Fresh numbers dropped this week on the nation’s new construction markets, but there remain oddities and curiosities. The Census Bureau this week released fresh numbers on new single-family home sales, and it was a verifiable bloodbath. At a seasonally

Real Estate, Once Again, America’s Favorite Long-Term Investment

As a long-term investment strategy, few consumers were willing to touch real estate during the downturn, but new research suggests that has changed. Back in 2011, few people wanted to touch real estate with a 20-foot pole – what

Price Per Square Foot Skyrockets in Houston

March was a very good month for price per square foot in our housing market, according to Movoto. Those signs of a housing recovery just became a bit brighter. According to the latest State of the Real Estate Market

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