News / Features
The housing market cannot truly recover without a healthy mortgage market, but new research from LPS shines an optimistic light on the topic. Homes sales are up, inventory has stabilized, and by many accounts, new construction it putting up
The Census Bureau’s latest new construction numbers were a topsy turvy bunch, with housing starts plunging but building permits soaring. If the Census Bureau’s latest numbers are any indicator, April was a wild month for new housing construction in
What income is necessary to afford the typical house in Houston? And how do those requirements compare with other major metro areas? “Housing affordability” is a term that gets thrown around quite a bit nowadays, and for good reason;
Marquette Company has had two 15-story hotels and nearly 4,000 homes approved for development in Galveston, according to a new report from the Houston Chronicle. It will be the biggest development project in the town’s history, and though it
The Leland Woods subdivision is celebrating the “rebirth” of the community after receiving assistance from the city of Houston. According to Mayor Annise Parker, the development almost “crashed and burned” because of the economy. City officials confirmed this construction
Builder confidence for both the general housing market and the 55+ market increased in May on the strength of homebuyer urgency. Builder confidence at all levels of the homebuilding industry showed some of its strongest numbers in years in
Along with its economic findings, NAR’s 2012 Member Profile also offered great insight into the demographics of today’s Realtors – including median age. The average Realtor is 57 years old, and only 2 percent of the entire Realtor class
Is it still tough to get a mortgage? New numbers from the Federal Reserve offer an enlightening perspective on the issue. It’s the question on everyone’s mind, now that the housing market is on a slow, sustainable path to
Inflation, housing demand and the Syrian opposition all have one thing in common; can you guess what it is? Mortgage rates for 15- and 30-year mortgage in the first week of May, according to the latest Primary Mortgage Market
For the second straight year, both the income and business activity for Realtors increased in 2012, with incomes jumping by 25 percent. 2012 was a good year for Realtors, with both business activity and income up for the second
The news was good for Texas’ foreclosure markets in April, which continue to be among the healthiest in the nation. The nation’s foreclosure markets showed continued improvement in RealtyTrac’s U.S. Foreclosure Market Report for April, with Houston’s marketplace remaining ahead of
Qualified mortgage standards are back in the news, with the FHFA announcing that it is on track to adopt the standards’ “ability to repay” provisions. The Federal Housing Finance Agency’s (FHFA) has announced that beginning Jan. 10, 2014, Fannie
The award-winning home in Sugar Land’s Sweetwater Estates is on the market. A former Greater Houston Builders Association’s Custom Home of the Year, located in Sugar Land’s Sweetwater Estates, is for sale. The annual GHBA “Of the Year” awards
We often hear about how beneficial home sales are for the greater economy, but NAR has finally done the research and slapped a value on the whole process. Housing, the narrative goes, is among the most versatile and dextrous
American consumers are growing more and more confident with the housing recovery, according to Fannie Mae’s latest National Housing Survey. More than half of American consumers expect home prices to rise within the next year, according to the latest
Freddie Mac and Fannie Mae, those long beleaguered GSEs, put up some of the strongest incomes in their history in 2013’s first quarter. After putting up their most impressive numbers in years in the final months of 2012, both
