Trends

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Houston home sales dip year over year in February 

Nationally, home sales were down 2.6% year over year and up 8.4% month over month, RE/MAX said. 

NAR: Existing-home sales rise in February; market ‘flashing encouraging signs’ 

The median existing-home price was also on the upswing last month, providing homeowners a bit of refuge as the stock market undergoes a correction, Chief Economist Lawrence Yun said in the monthly report. 

Houston is one of the best places to downsize and save in retirement

The Bayou City is a perfect match for homeowners looking to downsize in their golden years, according to research from Mirador Living.

Housing starts post surprisingly big jump in February 

The pace of new-home construction was higher than economists expected, even as homebuilders expressed concern about the impact of tariffs and supply-side challenges. 

The 10 most expensive homes sold in greater Houston in February

The two most expensive homes sold in greater Houston last month are located in Piney Point Village.

Texas REALTORS® report shows sales steadied in 2024 while home availability jumped

While Texas home sales remained steady year over year, buyers enjoyed more options in 2024, according to the Texas Real Estate Year in Review report from Texas REALTORS®.  The report showed that home sales inched up in 14 Texas

When’s the best time to sell a home in Houston?

If you have a would-be seller close to getting ready to put their home on the market, now’s the time to prepare. 

CoreLogic: Home-price growth slows in January, with further deceleration possible 

Falling consumer sentiment suggests potential homebuyers are wary of the short-term economic outlook and future inflation, CoreLogic Chief Economist Selma Hepp said. 

Homeowners would rather lose money than sell to their ex

Furthermore, 13% of homeowners said they’d take their home off the market if they learned their ex was considering buying it.

The 10 most expensive new listings in Texas

Please note the tie for the sixth-most expensive listings.

New-home sales post unexpectedly large decline in January 

At the same time, the median sales price for a new home hit its highest level since 2022, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.   

Case-Shiller: Home prices hit all-time high for the 19th month in a row in December 

At the same time, the pace of annualized home-price increases reversed its downward trajectory, S&P Dow Jones Indices said. 

NAHB: Tariff worries help send builder confidence to five-month low 

At the same time, builder sales expectations for the next six months posted their second-largest drop since the sentiment index started in 1985. 

The 10 most expensive homes sold in greater Houston in January

Sharon Ballas, an agent with Greenwood King Properties, was the listing agent — and selling agent — for the priciest home sale in Houston last month.

Houston homebuyers loved these communities in 2024

Cupid struck Houston homebuyers with major love for Brookshire last year — home sales increased by nearly 150% year over year in the community.

HAR: Housing affordability improves again in Houston

Although Houston’s median home price rose slightly in the fourth quarter of 2024, the average mortgage rate decreased, easing affordability constraints for buyers.

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