Home Price Appreciation Soars and Inventory Tumbles in Houston

As the 4th most populous city within the United States, Houston, the “Bayou City” has been a hot relocation destination for individuals and families across the country. With many larger corporations relocating headquarters to take advantage of the pro-business regulations … Continue reading Home Price Appreciation Soars and Inventory Tumbles in Houston

How Will COVID-19 Affect Home Prices and Affordability?

COVID-19 has already had a dramatic effect on the real estate market. In barely more than a month, the crisis has halted what was shaping up to be one of the most active spring sales seasons in history. These past weeks, we’ve seen home showings come down 18% relative to last year, weekly volume of new listings drop 49% year-over-year, and mortgage forbearances jump to 6% of all mortgages outstanding. Many of us are now anxiously wondering: what effect will this have on home prices?  Data from the housing market has given us  valuable clues since the onset of the … Continue reading How Will COVID-19 Affect Home Prices and Affordability?