Current Market Data

NAR: Pending-home sales jump in January 

The 8.1% month-over-month increase in the National Association of REALTORS® Pending Home Sales Index was the largest gain since June 2020. 

New-home sales jump 7.2% in January 

The median sales price of a new home declined on both a monthly and yearly basis, however, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.        

The 10 most expensive new listings in Texas

Curious about luxury inventory in Texas? These homes are the most expensive new listings currently for sale in the Lone Star State.

Texas homes are staying on the market longer, but sales are still strong

Data suggests that the Texas real estate market is shifting towards buyer-friendly conditions.

NAR: Existing-home sales post 12th monthly decline in January, as prices rise again 

The 30-year fixed-rate mortgage averaged 6.32% as of Feb. 16, up from 6.12% a week before and 3.92% a year earlier. 

Average apartment size shrinks across the country

The average size of new apartments across the country has decreased by 30 square feet year over year, according to a new report from RentCafe.

While homebuying season may feel calmer, Zillow says expect competition

According to a new analysis from Zillow, there will still be competition for affordably-priced houses this homebuying season.

Mortgage applications decline after rate increase 

The pace of mortgage applications fell 7.7% in the week ended Feb. 10, the Mortgage Bankers Association reported. 

Builder confidence jumps in February 

Builder confidence rose for the second consecutive month in February with a seven-point increase that brought it to its highest level since last September, the National Association of Home Builders said. 

Dallas, Austin and Houston among the best cities for multifamily investment

Three Texas metros have been named among the best cities in the U.S. for multifamily real estate investment in the first half of 2023, according to CONTI Capital.

ATTOM: Nearly half of all US properties considered equity-rich

Forty-eight percent of mortgaged homes were equity rich in the fourth quarter of last year.

MBA: Mortgage applications jump on lower rates 

The 30-year fixed rate fell for the fifth week in a row, giving a lift to lending activity, the Mortgage Bankers Association said. 

Multigenerational homebuying nears all-time high

Multigenerational homes are defined by NAR as homes where families live under the same roof with grandparents, adult children or other extended family members.

Decreasing mortgage rates mean buyers and sellers are returning to the market

Homebuyers can now afford $400,000 homes with $2,500 monthly budgets for the first time in four months, according to a new report from Redfin.

Redfin: Housing market has started to recover

Homebuyers are returning, but sellers still aren’t filling the need as inventory remains low.

Home sales improve as more buyers return to the market

Homebuyer demand is rising, as mortgage applications rose 28% since November, and more prospective buyers are scheduling home tours.

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