Houston and Pyeongchang olympics 2018

PYEONGCHANG - When Tara Lipinski won the ladies figure skating individual event at the 1998 Winter Olympics in Nagano, Japan, at 15-years-old, she was the youngest person ever to do so.

Twenty years later, Lipinski’s record still stands, and she is now the face of figure skating commentary at the PyeongChang Winter Olympics. But she has never forgotten her Houston roots.

“Texas is the best,” Lipinski said. “I would go to the rink and be so frigid and freezing inside the rink, and then when you come out, it’s so nice and warm during training.”

When Tara was nine, she moved to Sugar Land to live and train. 

“I skated and trained there for a while,” Lipinski said. “I skated at The Galleria and Sharpstown.”

In her 20s, she took a break from figure skating to figure out her next career move. As it turns out, it was figure skating commentary.

“It’s a little less pressure not having to be on the ice competing," Lipinski said. "We get to sit up in a nice, cozy, warm booth and continue to be part of the competition and part of what we love to do, which is call figure skating.”

Her partner is another former Olympic figure skater, Johnny Weir. Both of them are known for their sometimes brutal honesty, calling Nathan Chen’s Olympic debut “a disaster,” and “the worst I’ve ever seen from him.”

“Figure skating is an Olympic sport. It’s a sport. It’s hardcore. There’s blood, sweat and tears that go into it,” Weir said. “It shouldn't be treated any differently than any other sport.”

Lipinski and Weir added that they believe Nathan Chen’s best is yet to come.

Copyright 2018 by KPRC Click2Houston - All rights reserved.

Houston/Woodlands real estate reports

January 2018 Real Estate Market Report, The Woodlands, Texas

  1. 1. REAL ESTATE UPDATE The Woodlands THROUGH January 2018 brought to you by: www.ReferredRealtyTX.com
  2. 2. Market Dynamics Average $/SQFT (FS, Sold) 2 Years (Monthly) 01/01/16 - 01/31/18 Referred Realty Group Price: -0.09 All All All -0.13 -4.22 Property Types: HAR Sold $/SQFT For Sale $/SQFT MLS: All -0.19 Bathrooms: -0.18 All -3.10-4.62 Construction Type: Total Change Sq Ft: Monthly Change 2 Years (Monthly) Sublocations: All -2.20 Lot Size:Period: Monthly % Bedrooms: KEY INFORMATION Total % Change Single-Family: (Residential, Duplex) THEWOO 02/05/18BrokerMetrics� Information not guaranteed. � 2006 - 2018 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). � 2018 - 2019 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors 1 of 2
  3. 3. Average $/SQFT (FS, Sold) 2 Years (Monthly) 01/01/16 - 01/31/18 Market Dynamics Referred Realty Group # FOR SALE SQFTPeriod $/Avg SQFT Time Avg $ UNDER CONTRACT # Avg $ Avg SQFT $/ SQFT SOLD EXPIRED NEW LISTINGS # # #Avg $ Avg $ Avg $ Avg SQFT $/ SQFT Avg SQFT $/ SQFT Avg SQFT $/ SQFT 208Jan-18 469 3,930818,740 65 492,156 3,056 161 71 94 0389,807 846,4912,862 136 4,061 208 199Dec-17 698 3,794755,026 85 469,977 3,019 156 150 144 0497,995 715,7743,179 157 3,810 188 191Nov-17 943 3,643695,973 133 448,163 2,937 153 134 112 118360,424 622,218 594,8602,718 133 3,542 177 3,313 180 184Oct-17 1,168 3,537651,524 159 428,073 2,797 153 186 184 305472,185 580,475 507,7203,076 154 3,486 167 3,161 161 185Sep-17 1,198 3,552656,849 168 455,643 2,987 153 210 167 246432,180 624,143 511,6462,965 146 3,518 177 3,113 164 184Aug-17 1,325 3,551651,865 172 490,767 3,031 162 193 201 250445,530 588,402 508,9142,983 149 3,454 170 3,185 160 181Jul-17 1,520 3,522637,085 242 450,391 2,995 150 246 203 403456,350 605,330 532,5133,068 149 3,542 171 3,251 164 181Jun-17 1,569 3,539640,270 237 488,330 3,105 157 280 215 445449,436 628,290 538,9043,022 149 3,598 175 3,278 164 183May-17 1,573 3,545649,359 251 464,935 3,023 154 268 198 479421,966 706,933 573,7002,918 145 3,656 193 3,342 172 182Apr-17 1,494 3,483633,653 249 438,718 2,871 153 157 151 455387,536 601,306 502,7152,801 139 3,393 177 3,133 160 186Mar-17 1,396 3,550660,398 206 461,177 3,022 153 175 151 538486,553 721,661 565,9503,160 154 3,679 196 3,347 169 189Feb-17 1,123 3,572674,236 163 499,927 3,116 160 138 102 328424,157 571,028 513,4272,921 145 3,418 167 3,188 161 191Jan-17 1,070 3,573681,460 148 448,420 2,955 152 93 127 262455,154 582,932 592,7543,061 149 3,304 176 3,273 181 191Dec-16 1,059 3,593684,123 118 451,886 2,958 153 153 133 174410,923 731,602 591,1472,951 139 3,692 198 3,395 174 187Nov-16 1,143 3,540661,190 118 405,203 2,882 141 151 140 234431,506 616,430 459,0022,987 144 3,515 175 2,992 153 193Oct-16 1,199 3,615695,476 143 443,384 2,958 150 133 147 255416,815 830,870 554,2822,906 143 3,844 217 3,225 172 190Sep-16 1,253 3,595682,170 149 444,300 2,925 152 160 160 280411,262 600,149 506,6232,917 141 3,481 173 3,157 160 192Aug-16 1,313 3,592688,666 164 483,146 3,026 160 232 176 345454,232 636,812 544,7743,027 150 3,404 187 3,161 173 189Jul-16 1,349 3,602682,026 204 453,576 3,040 149 209 177 368435,491 628,540 535,4662,966 147 3,469 181 3,208 167 190Jun-16 1,350 3,623686,957 200 437,526 2,911 150 234 169 394443,436 691,627 598,5113,036 146 3,732 185 3,357 178 190May-16 1,316 3,650694,111 203 475,747 3,060 155 226 157 385486,426 798,061 522,6763,159 154 3,910 204 3,254 161 193Apr-16 1,329 3,664705,699 257 475,443 3,055 156 148 141 426428,549 733,790 560,3032,899 148 3,784 194 3,284 171 194Mar-16 1,204 3,683715,852 177 448,067 2,906 154 174 124 361414,500 672,531 572,1432,847 146 3,624 186 3,355 171 198Feb-16 1,146 3,658722,407 175 491,975 2,921 168 113 128 340402,068 675,318 602,8742,753 146 3,576 190 3,413 177 198Jan-16 1,097 3,627718,595 123 453,095 2,889 157 104 168 273478,814 652,778 583,0692,984 160 3,526 185 3,303 177 � 2018 - 2019 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors 2 02/05/182 ofBrokerMetrics� Information not guaranteed. � 2006 - 2018 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
  4. 4. Market Dynamics Supply & Demand - # Units (FS, UC, Sold) 2 Years (Monthly) 01/01/16 - 01/31/18 Referred Realty Group Price: -0.73 All All All -0.79 -234.07 Property Types: HAR Under Contract 0.40 For Sale MLS: All -1.51 Bathrooms: 0.24 -9.75 Sold All -19.01-36.20 Construction Type: Total Change Sq Ft: Monthly Change 2 Years (Monthly) Sublocations: All -17.61 Lot Size:Period: 5.69 Monthly % Bedrooms: KEY INFORMATION Total % Change 9.61 Single-Family: (Residential, Duplex) THEWOO Information not guaranteed. � 2006 - 2018 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). � 2018 - 2019 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors 1 ofBrokerMetrics� 2 02/05/18
  5. 5. Supply & Demand - # Units (FS, UC, Sold) 2 Years (Monthly) 01/01/16 - 01/31/18 Market Dynamics Referred Realty Group # Properties # PropertiesAverage DOM# Properties SOLD # Properties FOR SALE Average DOM Average DOM UNDER CONTRACT Average DOM NEW LISTINGS # Properties EXPIRED Time Period 166 0Jan-18 158101 94124 7165469 137 0Dec-17 13669 144106 15085698 106 118Nov-17 11960 11264 134133943 93 305Oct-17 11765 18462 1861591,168 95 246Sep-17 11760 16767 2101681,198 89 250Aug-17 9559 20160 1931721,325 79 403Jul-17 9853 20354 2462421,520 77 445Jun-17 9847 21555 2802371,569 77 479May-17 9845 19849 2682511,573 76 455Apr-17 9657 15145 1572491,494 80 538Mar-17 13369 15147 1752061,396 95 328Feb-17 12080 10268 1381631,123 108 262Jan-17 14672 12790 931481,070 110 174Dec-16 12278 13369 1531181,059 101 234Nov-16 12358 14070 1511181,143 98 255Oct-16 13567 14760 1331431,199 94 280Sep-16 11850 16066 1601491,253 88 345Aug-16 10251 17653 2321641,313 86 368Jul-16 10145 17751 2092041,349 84 394Jun-16 10255 16951 2342001,350 86 385May-16 12253 15750 2262031,316 87 426Apr-16 11561 14157 1482571,329 95 361Mar-16 13363 12449 1741771,204 99 340Feb-16 11462 12863 1131751,146 109 273Jan-16 12466 16867 1041231,097 02/05/182 Information not guaranteed. � 2006 - 2018 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). 2 ofBrokerMetrics� � 2018 - 2019 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors
  6. 6. Market Dynamics Supply & Demand - # Units (FS, UC, Sold) Jan-17 through Jan-18 Referred Realty Group Price: 469.0 All All All 65.0 -601.0 Property Types: HAR Under Contract 93.0 For Sale MLS: All 148.0 Bathrooms: 71.0 1,070.0 Sold All -56.1-83.0 Construction Type: # Units Change Sq Ft: Jan-17 2 Years (Monthly) Sublocations: All -56.2 Lot Size:Period: -23.7 Jan-18 Bedrooms: KEY INFORMATION Percent Change -22.0 Single-Family: (Residential, Duplex) THEWOO Information not guaranteed. � 2006 - 2018 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). � 2018 - 2019 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors 1 ofBrokerMetrics� 2 02/05/18
  7. 7. Supply & Demand - # Units (FS, UC, Sold) Jan-17 through Jan-18 Market Dynamics Referred Realty Group # Properties # PropertiesAverage DOM# Properties SOLD # Properties FOR SALE Average DOM Average DOM UNDER CONTRACT Average DOM NEW LISTINGS # Properties EXPIRED Time Period 166 0Jan-18 158101 94124 7165469 137 0Dec-17 13669 144106 15085698 106 118Nov-17 11960 11264 134133943 93 305Oct-17 11765 18462 1861591,168 95 246Sep-17 11760 16767 2101681,198 89 250Aug-17 9559 20160 1931721,325 79 403Jul-17 9853 20354 2462421,520 77 445Jun-17 9847 21555 2802371,569 77 479May-17 9845 19849 2682511,573 76 455Apr-17 9657 15145 1572491,494 80 538Mar-17 13369 15147 1752061,396 95 328Feb-17 12080 10268 1381631,123 108 262Jan-17 14672 12790 931481,070 02/05/182 Information not guaranteed. � 2006 - 2018 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). 2 ofBrokerMetrics� � 2018 - 2019 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors
  8. 8. Months Supply of Inventory (UC Calculation) Market Dynamics Jan-16 through Jan-18 Referred Realty Group Sublocations: -6.03 Price:HAR Bedrooms:Period: Monthly % MSI-UC 2 Years (Monthly) THEWOO -0.25 Single-Family: (Residential, Duplex) Total % Change Property Types: KEY INFORMATION All All Lot Size:All -0.33 Monthly Change -0.01 Total Change Sq Ft: AllAll Bathrooms:MLS: AllConstruction Type: Information not guaranteed. � 2006 - 2018 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). BrokerMetrics� 1 of 2 � 2018 - 2019 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors 02/05/18
  9. 9. Referred Realty GroupMarket Dynamics Months Supply of Inventory (UC Calculation) Jan-16 through Jan-18 Period NAR MSI # SoldMSI # For Sale Last Day of Month # Under Contract Time 4.4Jan-18 65 713104.8 3.1Dec-17 85 1504695.5 5.2Nov-17 133 1346985.2 4.4Oct-17 159 1868255.2 4.1Sep-17 168 2108635.1 4.9Aug-17 172 1939525.5 4.4Jul-17 242 2461,0754.4 4.0Jun-17 237 2801,1174.7 4.2May-17 251 2681,1244.5 7.0Apr-17 249 1571,0944.4 5.9Mar-17 206 1751,0395.0 6.2Feb-17 163 1388585.3 8.5Jan-17 148 937955.4 5.3Dec-16 118 1538086.8 5.9Nov-16 118 1518857.5 6.8Oct-16 143 1339096.4 5.9Sep-16 149 1609446.3 4.2Aug-16 164 2329735.9 4.6Jul-16 204 2099684.7 4.2Jun-16 200 2349814.9 4.2May-16 203 2269564.7 6.3Apr-16 257 1489313.6 5.2Mar-16 177 1749035.1 7.5Feb-16 175 1138434.8 7.8Jan-16 123 1048066.6 2 � 2018 - 2019 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors 02/05/18 Information not guaranteed. � 2006 - 2018 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). BrokerMetrics� 2 of
  10. 10. January 2018 Snapshot by Price Range Price Range Days on Market Months Supply of Inventory* Under Contract SOLD Number Active End of Current Month 100-199k 160 0.8 5 6 4 200-299k 105 108.0 19 23 34 300-399k 135 5.9 7 15 41 400-499k 117 5.6 10 14 56 500-599k 145 4.6 7 2 32 600-699k 140 5.0 5 2 25 700-799k 104 14.5 2 4 29 800-899k 0 0.0 0 2 14 900-999k 125 9.0 1 1 9 1M-1.499M 80 7.5 2 1 15 1.5M-1.999M 230 13.0 1 0 13 2M-17M 118 28.0 1 0 28 *Economists consider a balanced market (buyer vs. seller activity) to be 6 mo.

houston for rent market

Earlier this year, Ray Purser put his two-bedroom Montrose-area condo on the market for $237,000. He figured it would sell within three or four weeks because it's in a newer building with nice views and just down the street from where a new Whole Foods is being built.

After two months and no takers, Purser decided to list the condo for rent, and the calls started pouring in. In two weeks he had a tenant.

"It's sort of a sign of the economic times," said Purser, who works in government and public relations for Comcast. "People are a little nervous, perhaps, about buying a home."

Indeed, sluggish home sales seem to be benefiting at least one segment of the housing market: rentals.

Most Popular

Leases on Houston-area single-family homes jumped 13.6 percent in the third quarter, compared to the same period in 2009, according to data from the Houston Association of Realtors. Townhouse and condo rentals increased 22.5 percent.

"The rental market has taken a big jump," said Margie Dorrance, the association's chair and principal at Keller Williams

houston for rent/buy strong market

December Monthly Market Comparison

The Houston housing market registered largely positive measurements in December, with single-family home sales, total property sales, total dollar volume and median pricing all up compared to December 2016.

Month-end pending sales for single-family homes totaled 5,413, an increase of 24.0 percent versus 2016. Total active listings, or the total number of available properties, declined 2.2 percent from December 2016 to 33,432.

Single-family homes inventory shrank from a 3.4-months supply to 3.2 months. For perspective, housing inventory across the U.S. currently stands at a 3.4-months supply, according to the latest report from the National Association of Realtors (NAR).

CATEGORIESDECEMBER 2016DECEMBER 2017CHANGE

Total property sales7,8508,1253.5%

Total dollar volume$2,209,007,615$2,271,587,7462.8%

Total active listings34,19933,432-2.2%

Single-family home sales6,6066,8754.1%

Single-family average sales price$294,035$292,174-0.6%

Single-family median sales price$226,050$230,0001.7%

Single-family months inventory*3.43.2-0.2 mos.

Single-family pending sales**4,3675,41324.0%

* Months inventory estimates the number of months it will take to deplete current active inventory based on the prior 12 months sales activity. This figure is representative of the single-family homes market.

for lease in houston, detail 2017

Houston's lease market had a mixed performance in December. Single-family home leases fell 3.6 percent and townhome/condominium leases rose 7.3 percent. The average rent for single-family homes increased 3.3 percent to $1,745, while the average rent for townhomes/condominiums rose 2.4 percent to $1,532.

Houston Real Estate Highlights for December and Full-Year 2017

  • Despite the devastation caused by Hurricane Harvey, 2017 proved to be a record year for Houston home sales with 79,117 single-family homes sold versus 76,450 in 2016, the last record-setting year. That represents an increase of 3.5 percent;
  • Total dollar volume for single-family homes in 2017 rose 6.5 percent to $23 billion;
  • December single-family home sales climbed 4.1 percent year-over-year with 6,875 units sold;
  • Total December property sales increased 3.5 percent to 8,125 units;
  • Total dollar volume for December increased 2.8 percent to $2.3 billion;
  • At $230,000, the single-family home median price rose 1.7 percent to a December high;
  • The single-family home average price declined 0.6 percent to $292,174;
  • Single-family homes months of inventory declined slightly to a 3.2-months supply;
  • Townhome/condominium sales rose 3.2 percent, with the average price down 5.5 percent to $199,197 and the median price down 9.3 percent to $158,250;
  • Leases of single-family homes fell 3.6 percent with average rent up 3.3 percent to $1,745;
  • Leases of townhomes/condominiums climbed 7.3 percent with average rent up 2.4 percent to $1,532.

Houston Housing Market- for rent, for sale houston

As 2017 began, the high end of the Houston real estate market was showing welcomed signs of recovery from the effects of the weakened energy sector, and inventory levels in all housing categories finally began to rise. Strong employment numbers translated to an influx of home buyers and renters to the Houston area from across the country and around the world. However, Harvey’s late August rampage interrupted hiring and forced those whose homes and apartments were damaged or destroyed to seek immediate housing anywhere they could, causing inventory to shrink.

Fortunately, the setbacks resulting from this historic weather catastrophe were much shorter-lived than anticipated. By the end of September – just four weeks after Harvey hit – the “Houston Strong” housing market saw home sales rebound and the greatest rental activity of all time. The positive momentum continued through the final months of 2017.

By the end of December, a record 79,117 single-family homes had sold. That represents an increase of 3.5 percent from the previous record of 76,450 in 2016.

On a year-to-date basis, the average price rose 2.9 percent to $291,340 while the median price increased 3.8 percent to $229,900. Total dollar volume for full-year 2017 jumped 6.5 percent to $23 billion.

The strongest one-month sales volume of 2017 was recorded in June with 8,362 single-family homes sold. By contrast, the lightest one-month sales volume took place in January with 4,104 sales.

Houston House Market, for rent,buy houston

HOUSTON — (January 10, 2018) — Despite the devastating assault that Hurricane Harvey waged on the greater Houston area last summer – from which many property owners are still recovering – the Houston real estate market set new records by the time the sun set on 2017. Single-family home sales for the full year rose 3.5 percent compared to 2016, the previous record year. However, as 2018 gets underway, the supply of housing remains constrained. Inventory had begun to reach more balanced levels when Harvey’s widespread flooding sent affected residents scrambling for whatever undamaged rental and sales homes were available to provide safe shelter for themselves and their families.

According to the latest report produced by the Houston Association of Realtors (HAR), sales of all property types in 2017 totaled 94,726 units, a 3.5-percent increase over 2016’s volume, which was 91,530. Total dollar volume for single-family homes sold in 2017 rose 6.5 percent to $23 billion.

"No one could ever have imagined 2017 turning out to be a record-setting year for the Houston real estate market, which had weathered the effects of the energy slump only to have Harvey strike such a devastating blow,” said HAR Chair Kenya Burrell-VanWormer with JP Morgan Chase. “We know that many are still working tirelessly to rebuild their lives after Harvey, but overall, this clearly illustrates the incredible resilience of the people and the economy of Houston, Texas. We also know that some neighborhoods are performing better than others, so it’s always advisable to consult a Realtor when thinking about buying or selling a home."

December single-family home sales rose 4.1 percent to 6,875 versus December 2016. The strongest sales performance took place among homes priced between $250,000 and $500,000. Total property sales for the month climbed 3.5 percent to 8,125.

The single-family home median price (the figure at which half of the homes sold for more and half sold for less) rose 1.7 percent to $230,000. That marks the highest median price ever for a December. The average price declined 0.6 percent to $292,174.

Houston, Texas

Houston (/ˈhjuːstən/ ( listen) HYOO-stən) is the most populous city in the U.S. state of Texas and the fourth-most populous city in the United States, with a census-estimated 2016 population of 2.303 million[2] within a land area of 599.59 square miles (1,552.9 km2).[7] It is also the largest city in the Southern United States,[8] and the seat of Harris County. Located in Southeast Texas near the Gulf of Mexico, it is the principal city of the Greater Houston metro area, which is the fifth-most populated MSA in the United States.

Houston was founded on August 30, 1836, near the banks of Buffalo Bayou (now known as Allen's Landing)[9][10] and incorporated as a city on June 5, 1837. The city was named after former General Sam Houston, who was president of the Republic of Texas and had commanded and won at the Battle of San Jacinto 25 miles (40 km) east of where the city was established.[10] The burgeoning port and railroad industry, combined with oil discovery in 1901 and Houston's replacement of Galveston as Texas's primary port following a devastating hurricane, has induced continual surges in the city's population. In the mid-20th century, Houston became the home of the Texas Medical Center—the world's largest concentration of healthcare and research institutions—and NASA's Johnson Space Center, where the Mission Control Center is located.

Houston's economy has a broad industrial base in energy, manufacturing, aeronautics, and transportation. Leading in health care sectors and building oilfield equipment, Houston has the second most Fortune 500 headquarters of any U.S. municipality within its city limits (after New York City).[11][12] The Port of Houston ranks first in the United States in international waterborne tonnage handled and second in total cargo tonnage handled.[13] Nicknamed the "Space City", Houston is a global city, with strengths in business, international trade, entertainment, culture, media, fashion, science, sports, technology, education, medicine, and research. The city has a population from various ethnic and religious backgrounds and a large and growing international community. Houston is the most diverse city in Texas and has been described as the most racially and ethnically diverse major metropolis in the U.S.[14] It is home to many cultural institutions and exhibits, which attract more than 7 million visitors a year to the Museum District. Houston has an active visual and performing arts scene in the Theater District and offers year-round resident companies in all major performing arts.[15]

bitcoin sink sharply,, time to buy a house in houston

More than $200 billion has been wiped off the value of global cryptocurrencies at the peak of the recent sell-off, which extended into Wednesday morning.

 

Popular Searches

Apple Inc

AAPL

▼

175.84

-0.35

-0.20%

Bank of America Corporation

BAC

▼

30.74

-0.50

-1.59%

Amazon.com Inc

AMZN

▼

1,291.35

-14.20

-1.09%

Goldman Sachs Group Inc

GS

▼

250.68

-7.62

-2.95%

AdChoices

At around 7 a.m. London time on Tuesday, the total market capitalization or value of every digital coin stood at $653.8 billion, according to data from Coinmarketcap.com, a website that tracks the price of cryptocurrencies by taking into account the prices across different exchanges.

This was when the sell-off began to take hold. As the price of major cryptocurrencies including bitcoin, ethereum and ripple fell sharply, that market cap declined by Tuesday evening to a low of $450.5 billion. The market cap, and the price of some coins recovered slightly from that low, but are still significantly lower.

The sell-off appeared to be sparked by worries over tighter regulation in the key markets of South Korea and China.

Last week, South Korea's justice minister said that his ministry was preparing a bill that could ban trading via some cryptocurrency exchanges. Other ministers within the government later softened their stance.

On Tuesday, Reuters reported that the Chinese central bank urged authorities to ban the centralized trading of virtual currencies. 

apartment/house for rent or buy in houston report, november

HOUSTON — (November 8, 2017) — The Houston real estate market showed continued resiliency in the aftermath of Hurricane Harvey, with home sales and rentals in positive territory for a second consecutive month in October. However, the strong demand combined with flood-damaged homes previously pulled off the market, constrained housing inventory which had finally reached more balanced levels before the storm struck in late August.

According to the latest monthly report prepared by the Houston Association of Realtors (HAR), single-family home sales rose 7.5 percent, marking a further recovery since Harvey’s assault. All segments of the housing market experienced gains except for homes priced below $150,000. The greatest sales volume was observed among homes priced at $750,000 and above. On a year-to-date basis, home sales remain 2.8 percent ahead of 2016’s volume even as some flood-ravaged neighborhoods continue to rebuild.

Housing inventory edged up from a 3.8-months supply in October 2016 to 3.9 months this October. However, that is down from the 4.3-months peak reached in the weeks immediately preceding Harvey.

The single-family home median price (the figure at which half of the homes sold for more and half sold for less) increased 3.9 percent to $226,491. The average price rose 2.7 percent to $285,858. Both figures represent records highs for an October.

"The overall Houston real estate market wasted little time recovering from Hurricane Harvey's devastation, but we’d like to see supply grow to meet ongoing consumer demand for housing," said HAR Chair Cindy Hamann with Berkshire Hathaway HomeServices Anderson Properties. "Hopefully, more balanced inventory levels can be restored by early in the new year."

October sales of all property types in Houston totaled 7,614, an increase of 6.6 percent versus the same month last year. Total dollar volume climbed 10.8 percent to $2.1 billion.

Lease Property Update

Still propelled largely by consumers displaced from housing as a result of Harvey’s destruction, demand for lease properties across Houston remained strong in October. Single-family home leases rose 13.6 percent while townhome/condominium leases shot up 34.8 percent. The average rent for single-family homes was up 2.8 percent to $1,776 while the average rent for townhomes/condominiums increased 2.9 percent to $1,533.

October Monthly Market Comparison

Houston's monthly housing market indicators yielded positive readings across the board in October, with single-family home sales, total property sales, median and average pricing and total dollar volume all up versus October 2016.

Month-end pending sales for single-family homes totaled 7,201, up 20.0 percent compared to last year. Total active listings, or the total number of available properties, increased 6.7 percent from October 2016 to 39,692.

Single-family homes inventory edged up from a 3.8-months supply to 3.9 months, but is down from a pre-Harvey (July-August) peak of 4.3-months that dwindled as demand for undamaged and repaired homes outpaced supply. For perspective, housing inventory across the U.S. currently stands at a 4.2-months supply, according to the latest report from the National Association of Realtors (NAR).