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HousingMarket®

Lance Sonka

20 year building industry veteran helping home buyers build new construction homes in the Greater Houston area. Member of NAREE, NAHB and Publisher at HousingMarket.com, while currently serving on the Board of Directors of a local non-profit organization that supports positive mental health care for all regardless of economic status.

selling house current housing market
Posted inSell

How-to Sell a House: 2019 Housing Market Prediction

by Lance SonkaMay 9, 2019October 15, 2022

So, you have finally decided to sell your house. With market conditions being as they are, this can end as a huge success – or a great disaster. A successful sale depends on whether you can make the house appealing to the local housing market or not. Here are the main steps for you to […]

how-to benefit 2019 US housing market
Posted inContributor

How-to Benefit from the 2019 U.S. Housing Market

by Lance SonkaMay 9, 2019October 15, 2022

HousingMarket Article: The U.S. Housing Market and How-to Benefit in 2019 The housing market is something many think they know something about – but most lack a proper understanding. Sure, the American dream is to one day own a home, raising a family and saving for retirement. However, the housing market, if used correctly can […]

short-term rental effects housing market
Posted inHousing Market

Do Short-Term Rentals Affect Local Housing Markets?

by Lance SonkaMay 9, 2019October 15, 2022

Short-term rentals have become quite a common occurrence nowadays, particularly for people that no longer see the appeal of hotels and wish to obtain the privacy of their place. Platforms such as Airbnb have become quite popular – and have grown quite a lot in the past few years. The application now offers more than […]

march new home sales 2019
Posted inNews

New home sales spring forward as selling season begins

by Lance SonkaApril 26, 2019October 15, 2022

Sales of U.S new houses, those under construction and property whose construction is yet to begin have unexpectedly risen in March 2019, exceeding the estimates that had been made from survey data. The statistics obtained from sample surveys shows that the number of new houses sold rose to 692, 000, while the available houses for […]

U.S. existing home sales decline March 2019
Posted inNews

U.S. existing home sales book 4.9% decline March 2019

by Lance SonkaApril 24, 2019October 15, 2022

March home sales declined some 4.9% after a robust February though analysts aren’t terribly concerned about the dip, citing rising inventories as the market’s way of keeping home prices in check. That’s the conclusion offered by the National Association of Realtors in their assessment of the current state of the market. Chief economist for the […]

cautious optimism housing market
Posted inNews

Positive, yet cautious optimism on U.S. housing market

by Lance SonkaApril 23, 2019October 15, 2022

Introduction The U.S. Housing Market in Q1 2019 continued a year-long trend of positive shifts that saw an increase in both new and existing home sales, relatively low foreclosure rates, and falling mortgage rates, suggesting that the market is poised for a strong year. With the housing market boasting some of the best overall numbers […]

2019 housing market pegged U.S. economic growth
Posted inNews

2019 Housing market outlook pegged to U.S. economy

by Lance SonkaApril 23, 2019October 15, 2022

The housing market in the U.S. is monitored not only by prospective buyers and sellers of property, but also by the general investing public to gauge a measure of the current state of the U.S. economy. In essence, housing market movements have historically provided valuable insights as to the future outlook of the American economy, […]

2019 mixed message U.S. housing market
Posted inNews

2019 Sends mixed message to the U.S. housing market

by Lance SonkaApril 22, 2019October 15, 2022

As we start to receive the data for the first fiscal quarter of 2019, there have been conflicting indications of the current strength of the housing market in the U.S. At a macro level, the American economy is in good shape and the strength of the economy tends to be a strong leading indicator for […]

first-time homebuyers better measure
Posted inBuy

Is there a better way to measure first-time homebuyers?

by Lance SonkaApril 22, 2019October 15, 2022

In any discussion on affordable homes the focus is generally on the first-time buyer. As the first-time buyer looks to move on from renting and transition to home ownership finding the down-payment can be a huge hurdle. This is particularly the case for those living in areas where their rent takes up a large portion […]

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