Darrel Martin - EXP Realty

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Houston home builders’ pipelines are completely backed upContact me to discuss the latest scoop in real estate!         ...
06/14/2022

Houston home builders’ pipelines are completely backed up
Contact me to discuss the latest scoop in real estate!

Home builders are struggling to meet demand in a market starved for inventory. The average home price in Houston surpassed a record $400,000. Mortgage rates in the Bayou City have also risen rapidly, topping 5 percent.

HAR: Low inventory, high prices remain a concern for Houston ...Contact me to discuss the latest scoop in real estate!  ...
06/12/2022

HAR: Low inventory, high prices remain a concern for Houston ...
Contact me to discuss the latest scoop in real estate!

HAR’s latest weekly activity snapshot, Realtors entered 2,975 properties into the Multiple Listing Service (MLS) in week 20, up 0.3% from 2,965 during the same week in 2021. Pending listings suffered their steepest year-over-year decline of the year during week 20. Off-market listings remained 3.2...

Average long-term mortgage rates fall; 30-year loan at 5.1%Contact me to discuss the latest scoop in real estate!       ...
06/11/2022

Average long-term mortgage rates fall; 30-year loan at 5.1%
Contact me to discuss the latest scoop in real estate!

Mortgage buyer Freddie Mac: 30-year rate declined to 5.1% from 5.25% last week. By contrast, the average rate stood at 2.95% a year ago. The average rate on 15-year, fixed-rate mortgages dipped to 4.31% from 4.43%.

Houston Market Update
06/10/2022

Houston Market Update

Darrel Martin is a real estate agent with eXp Realty, LLC. Check out Darrel Martin's listings or office listings.

Which Houston suburb has the hottest real estate market?Contact me to discuss the latest scoop in real estate!          ...
06/07/2022

Which Houston suburb has the hottest real estate market?
Contact me to discuss the latest scoop in real estate!

All 10 of Zillow's current top markets are located roughly 30 minutes from the nearest metro center. Eight have a typical home value higher than in their nearby city. Port Bolivar was identified as having the sharpest growth, quarter over quarter.

Housing market, economy starting to recover in HoustonContact me to discuss the latest scoop in real estate!            ...
06/05/2022

Housing market, economy starting to recover in Houston
Contact me to discuss the latest scoop in real estate!

The state of the housing market was presented at the May 24 Greater Houston Builders Association mid-year forecast luncheon. The average price of rent for a one bedroom apartment in the U.S. came in at almost $1,700, while the cost in Texas remained at just under $1,.350.

Texas Home Prices Overvalued, And Won't Be Decreasing Any Time Soon According to Real Estate Experts - Digital JournalCo...
06/04/2022

Texas Home Prices Overvalued, And Won't Be Decreasing Any Time Soon According to Real Estate Experts - Digital Journal
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The Greater Houston area is going to continue to see inflated home values for the foreseeable future according to a recent article on Fortune.com. CoreLogic, the California-based real estate research company, provided an assessment of 400 metropolitan areas including 5 Southeast Texas markets.

DATA: See real estate prices in April 2022 in The Woodlands ...Contact me to discuss the latest scoop in real estate!   ...
05/31/2022

DATA: See real estate prices in April 2022 in The Woodlands ...
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The highest number of homes sold in April were in the $200,000-$399,999 price range. The greatest increase in median home price from April 2021 to April 2022 was in the 77380 ZIP code. The median value increased by 84.4% from $236,150 to $435,500.

Houston, Las Vegas, and Phoenix were top destinations for DIY movers last yearContact me to discuss the latest scoop in ...
05/29/2022

Houston, Las Vegas, and Phoenix were top destinations for DIY movers last year
Contact me to discuss the latest scoop in real estate!

Cities in the Sunbelt were the most popular destination over the last 12 months. The company says the pandemic years of 2020 and 2021 were busy. Houston was the top moving destination in 2021.

Honoring our nation's heroes on Memorial Day.
05/29/2022

Honoring our nation's heroes on Memorial Day.

Darrel Martin is a real estate agent with eXp Realty, LLC. Check out Darrel Martin's listings or office listings.

Average long-term US mortgage rates edge up to 5.3%Contact me to discuss the latest scoop in real estate!               ...
05/28/2022

Average long-term US mortgage rates edge up to 5.3%
Contact me to discuss the latest scoop in real estate!

The 30-year rate ticked up to 5.3% from 5.27% last week. The Federal Reserve last week intensified its fight against the worst inflation in 40 years. The Fed’s move, its most aggressive since 2000, will bring higher costs for mortgages.

Texas State Market Update
05/27/2022

Texas State Market Update

Darrel Martin is a real estate agent with eXp Realty, LLC. Check out Darrel Martin's listings or office listings.

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Houston, TX
77056

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