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Houston Real Estate Blogosphere
Houston Real Estate Blogosphere brings together all the blog posts of REALTORS from the Houston area in one place
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Housing Market

The most recently published posts in the Housing Market category
The harsh winter weather throughout the country is shuttering open houses, delaying closings, and keeping some home buyers out of the market. New England has seen record-breaking snowfall this year, with storms dumping eight feet of snow in some areas. Some real estate agents in the area say they’ve had to cancel their weekend open houses for more than a month due to the snowstorms. &q...
Read Post [Posted on 03/03/2015 By John Askins]
Where you put down roots says a lot about you. Suburb vs. city; condo vs. single-family house—these are all decisions that home buyers tackle, and what they decide speaks to who they are. Also telling is how much they can afford to put down on that house. It seems that as the housing market corrects, buyers are increasingly opting to put down more money despite programs touting the opposi...
Read Post [Posted on 03/02/2015 By Michelle Cannon]
Texas’ long-standing status as a state with affordable housing continued in 2014, according to the Real Estate Center’s latest Texas Housing Affordability Index (THAI). In fourth quarter 2014, the state had an index value of 1.74.   “This means the state’s median income was 1.74 times (or 174 percent of) the income required to qualify to purchase a median-priced home...
Read Post [Posted on 03/02/2015 By John Askins]
Sixty-four percent of women say home ownership is essential in achieving the American Dream. Meanwhile, 52 percent of men say owning a home is a vital component of achieving the American Dream, according to a Home Buyer Poll conducted by TD Bank of more than 1,300 Americans. The study found that women hold more aspirations for home ownership too. Sixty-six percent of female renters say they int...
Read Post [Posted on 03/02/2015 By John Askins]
U. S. economic data out this week was mixed, with GDP, the housing market and inflation showing some slippage, while consumer confidence and durable goods orders rose. Consumer confidence at a 7-year high After a modest increase to 93.1 in December, the Conference Board's Consumer Confidence Index surged to 102.9 in January. A greater number of U.S. consumers surveyed expected business c...
Read Post [Posted on 03/01/2015 By John Askins]
There are four steps the U.S. government can take to encourage more home buying, says Dr. Mark Dotzour, chief economist for the Real Estate Center at Texas A&M University. "First, the regulatory body writing the Dodd-Frank rules can hurry up and complete their task," says Dotzour. "They are way overdue. The uncertainty this creates causes lenders to be risk averse, especially...
Read Post [Posted on 03/01/2015 By John Askins]
The priciest ZIP code in the country boasts a median home price of more than $4.5 million, according to a list by Forbes that tracked home prices of more than 20,000 ZIP codes nationwide to determine the most expensive areas.  Appraiser Jonathan Miller, chief executive of New York’s Miller Samuel, told Forbes that he’s seen an increase in listings that fall under the luxury bra...
Read Post [Posted on 02/28/2015 By John Askins]
www.houstonheightsrealtors.com   Being able to call the Heights home may seem unreachable for the typical home buyer due to the high price tags on homes. The truth is that many hidden gems still exist within this inner loop haven at reasonable prices. I am lucky to work & live in this ever changing community that is called the Heights. This past year my girlfriend, myself, and ...
Read Post [Posted on 02/27/2015 By Andres Wydler]
Would-be borrowers who have credit scores below 620 are increasingly being denied a mortgage, struggling to meet lenders’ more stringent underwriting standards, says Elizabeth Duke, member of the Board of Governors for the Federal Reserve System..  From 2007 to 2012, mortgage originations for borrowers who had a credit score between 620 and 680 fell nearly 90 percent, Duke said. Duri...
Read Post [Posted on 02/27/2015 By John Askins]
Welcome to the AskinsOnline current Housing Trends eNewsletter. This eNewsletter is specially designed for you, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general. The Housing Trends eNewsletter contains the latest information from the Nati...
Read Post [Posted on 02/26/2015 By John Askins]
Almost a decade removed from the peak of the housing crisis, some analysts are questioning whether the public still considers home ownership to be part of the American dream. But the home ownership dream is still alive, according to several surveys. For example, Woodrow Wilson Center found that the majority of Americans rated the importance of home ownership on a personal level at 10 out o...
Read Post [Posted on 02/26/2015 By John Askins]
Some days in Real Estate can be smooth sailing.  Then there are those days that should go down in the record books for pure CRAZY!  Last weekend, I had one of those pure crazy and somewhat creepy days.  I thought I would share a couple of stories for pure entertainment value, and in case there is any misconception out there about how “easy” the job of a Realtor can ...
Read Post [Posted on 02/25/2015 By Renee Buckhoff]
From a dusty parking lot along Texas 16 near Tilden, Texas, Jose Rodriguez sees what's not yet obvious in the numbers. The Eagle Ford Shale oil field is a shadow of its former self, fading at the edges as the energy industry slashes spending. Plenty of trucks rumble past Rodriguez - but not as many as before. Workers pull over to browse the merchandise folded on wooden tables - piles of...
Read Post [Posted on 02/25/2015 By John Askins]
Coldwell Banker Real Estate teamed up with Onboard Infomatics to rank the top places for suburbanites, ranking more than 11,000 suburbs on amenities, proximity to good schools, commutes, and safety. The top suburb on its list? Cherry Hills Village, Colo., about 10 miles outside of downtown Denver. The city boasts a nearly 100 percent home-ownership rate and has less than a 20-minute average ...
Read Post [Posted on 02/25/2015 By John Askins]
Houston and Austin Real Estate Markets Start Strong in 2015 The real estate markets here in Texas are starting 2015 with fervor as both the Houston and Austin areas experienced both home sales and prices on the rise.  The latest monthly Multiple Listing Service (MLS) report by the Houston Association of Realtors (HAR) showed home prices reaching record highs for the mon...
Read Post [Posted on 02/24/2015 By Samantha Mitchell Cotten]
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