Although mortgage rates increased, both home sales and housing inventory rose in Houston in October.

Agents from COMPASS, Greenwood King Properties and Nan and Company Properties were responsible for listing and selling the top three most expensive homes in greater Houston last month.

Houston households only needed to make an annual salary of $98,400 to afford monthly mortgage payments on the median-priced home.

Buyers had been sitting on the sidelines awaiting the election’s outcome, as well as drops in mortgage rates, but they are back and looking to buy.

Homeowners and buyers will prioritize nostalgic, old-world design sensibilities juxtaposed with modern sustainability technologies next year, according to Zillow.

Over 3,000 new listings were added to the MLS, marking the fifteenth straight week of annual increases over 2023 volumes.

Experts were asked to rate markets in categories such as investment potential and development opportunities.

The hottest Houston-area community of all is Brookshire, located approximately 40 miles west of downtown.

Looking ahead, the CoreLogic Home Price Insights report predicts home prices will dip by 0.1% in October on a month-over-month basis.      

A growing number of renovating homeowners now classify their primary bathroom as a “wet room,” according to the 2024 Houzz Bathroom Trends Study.

At the same time, days on market increased, and housing starts declined.

Agents added 3,096 properties to the MLS, up from 2,701 properties during the same week in 2023.

September pending home sales rose 7.4% to their highest level since March, according to the National Association of REALTORS®.

Sustainability and housing affordability are on the top 10 list.

The S&P CoreLogic Case-Shiller U.S. National Home Price Index hit a new record in August, marking the 15th month in a row of new highs. 

New-home prices, meanwhile, were mixed among the state’s largest cities, according to the latest report from HomesUSA.