Texas Real Estate News
Sellers: You’ll Likely Get Multiple Strong Offers This Season
Today’s buyers are still dealing with a limited number of homes for sale. Thanks to continued low inventory, those buyers are competing with one another for their dream home. And when that happens, if your house is one of the few on the market, it will rise to the top...
Mortgage Rates Dip Back Below 3%
Home buyers and homeowners got another chance this week to lock in historically low rates. The 30-year fixed-rate mortgage averaged 2.98%, Freddie Mac reports. “Despite the re-acceleration of economic growth, the recent bond rally drove mortgage rates down for the...
Texas Home Sales Decrease, Median Price Rises in Third Quarter of 2021
The Texas housing market slowed slightly following a strong summer sales season, according to the 2021-Q3 Texas Quarterly Housing Report released today by Texas REALTORS®. The number of homes sold across the state declined 3.5% in the third quarter of 2021 compared to...
Home Owners Seasonal Maintenance List
Here’s a handy checklist of home maintenance tasks for each season, as well as items to tackle monthly. Just scroll down for our current season! Monthly to-do items Test smoke detectors and carbon monoxide alarms. You know the saying, safety first. This is something...
Will Solar Panels Become More Common?
Homeowners are showing more willingness to add solar panels as installation costs drop. Many industry observers have turned an eye toward California, which has mandated their installation on most new construction. In 2020, California became the first state to require...
Housing Market Forecast: What’s Ahead in 2021?
While 2020 faced its fair share of ups and downs, we know one thing to be true: the real estate market not only met expert predictions, it surpassed them, breaking records along the way. With that in mind, there’s one big blaring question right now: will the housing...
Texas home sales, median price break records while housing inventory hits all-time low
Texas REALTORS® releases 2020 Texas Real Estate Year in Review report February 25, 2021 — Austin For the sixth consecutive year, the Texas housing market broke records in terms of the number of homes sold and median price, while inventory levels hit a critical...
Which Is Cheaper: Buying an Existing Home or Building New?
As inventories remain tight, home buyers may be drawn to new-home construction. But what determines whether they will pay more for buying new than for an existing home? If the buyer takes steps to limit construction costs and omits custom finishes, building a house...
3 Graphs that Prove we’re Not Headed to a Foreclosure Crisis
We all know the saying about assumptions. And if you don’t, well…just Google it. With the massive surge of unemployment that happened this year, it’s natural to assume that a massive surge of foreclosures will follow. However, history is not expected to repeat itself...
Real Estate Could See Best Winter Ever
Defying high unemployment and an economic recession, the housing market has surged during the COVID-19 pandemic. That isn’t likely to let up heading into the winter months, said Lawrence Yun, chief economist of the National Association of REALTORS® during Tuesday’s...
Texas home sales soar, housing inventory declines in 2020’s third quarter
Texas REALTORS® releases 2020-Q3 edition of the Texas Quarterly Housing Report The number of Texas homes sold from July to September 2020 increased nearly 19% compared to the same time frame last year, according to the 2020-Q3 Texas Quarterly Housing Report released...
Texas Homebuyers: Finding the Right Property is the Most Difficult Part of the Homebuying Process
Texas REALTORS® releases annual homebuyers and Sellers Report Texas homebuyers say that finding the right property is the most difficult part of the homebuying process, according to the 2020 Texas Homebuyers and Sellers Report released by Texas Realtors. The annual...
July Home Sales Across Houston Reach Record Territory
Sales volume and pricing soar to new highs as pent-up demand from COVID-19 heats up Houston housing for a second straight month HOUSTON — (August 12, 2020) — A continued surge in closings from homes that went under contract after the lifting of COVID-19...
Texas small land sales jump 14 percent, price per acre declines in 2016
Texas Association of REALTORS® releases latest edition of Texas Small Land Sales Report June 23, 2017—AUSTIN—Texas small land sales volume experienced strong gains in 2016, while the average price per acre declined slightly statewide, according to the...
Luxury home sales among key drivers for Texas housing market in 2016
Texas Association of REALTORS® releases latest Texas Luxury Home Sales Report Luxury home sales in Texas were strong in the first eight months of 2016, according to the latest Texas Luxury Home Sales Report released today by the Texas Association of...
Texas home sales, prices set annual records for second year in a row
Texas Association of Realtors releases 2016 Texas Real Estate Year in Review report Texas home sales volume and home prices reached all-time highs for the second year in a row in 2016, according to the 2016 Texas Real Estate Year in Review Report released...
Texas ranked second in the nation for U.S. relocation activity in 2015
Texas Association of REALTORS® releases 2017 Texas Relocation Report Texas ranked second in the nation for relocation activity in 2015, according to the Texas Relocation Report released today by the Texas Association of REALTORS®. Analyzing statewide and...