Millennial Buying Factors

Home is where the Dog is!

Among millennials who have never purchased a home, 42% say that their dog – or the desire to have one – is a key factor in their desire to buy a home in the future, suggesting dogs will also influence purchase decisions of potential first-time home buyers.

July Days On Market

New home sales prices are increasing, and the pace of new home sales are showing signs of slowing in the four largest homebuilding markets in Texas, but total new home sales remain solid, according to the HomesUSA.com® New Homes Sales Index and other new home sales data released today. The rate of new home sales in[Read more…]

The Green Home Premium

A new study from The University of Texas at Austin and the U.S. Green Building Council (USGBC) found that new homes built to a LEED standard for energy-efficiency are worth more in resale value than homes without green features. “The Value of LEED Homes in the Texas Real Estate Market: A Statistical Analysis of Resale[Read more…]

Death of the Suburb!

There’s no shortage of articles and information written about the Millennial generation. This much hyped and scrutinized demographic have a unique influence on just about all aspects of life, but perhaps none more surprising than the re-urbanization happening across the country. Currently more than 80% of the US population resides in urban areas, up from 50% in the 1920’s and 66% in the 1960’s. The urbanization of America has always been a gradual process but now it’s accelerating faster than ever.