Trends

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Gen X and millennials want home gyms. Boomers? Not so much.
Gen X and millennials want home gyms. Boomers? Not so much.

Whether they’re still weary of going to a gym full of people or just looking to work off those extra pandemic pounds in privacy, homebuyers are increasingly prioritizing home exercise rooms.

The 10 most expensive Houston homes sold in April
The 10 most expensive Houston homes sold in April

As Houston’s luxury home market stays red-hot, nine Houston buyer’s agents helped clients purchase the 10 most expensive homes in April priced up to $7,450,000.

It’s a seller’s market, Fannie Mae survey shows
It’s a seller’s market, Fannie Mae survey shows

Americans believe it’s a much better time to sell a home than to buy one, according to Fannie Mae’s latest survey of home purchase sentiment.

Houston real estate continues to shatter records through April
Houston real estate continues to shatter records through April

Houston saw an increase in single-family home sales, total property sales, total dollar volume sales, new listings, pending listings, closings and showings compared to April 2020.

Home prices surge across the board in Q1, and Houston is no exception
Home prices surge across the board in Q1, and Houston is no exception

Practically every single one of the 183 metro areas tracked by the NAR saw significant year-over-year increases in the price of homes during the first quarter, with the median sales price of a single-family home in Houston jumping to 14.9% on a year-over-year basis to $281,800.

Demand for second homes more than doubles pre-pandemic numbers
Demand for second homes more than doubles pre-pandemic numbers

The number of buyers who locked in mortgage rates for second homes spiked to 178% year over year in April, according to a report from Redfin.

Homes with family-friendly outdoor features selling fast
Homes with family-friendly outdoor features selling fast

Listing keywords associated with families and children, like community pools, nearby parks and cul-de-sacs, led to both faster-than-expected sales and higher premiums.

HAR report shows surges in home prices and new listings
HAR report shows surges in home prices and new listings

The Houston Association of Realtors’ FRESH report briefly covers new listings, active listings and average list price for single-family homes activity in April 2021 compared to April 2020.

JV acquiring almost 2,000 homes throughout the South for single-family rentals
JV acquiring almost 2,000 homes throughout the South for single-family rentals

Transcendent Electra, a partnership between Transcendent Investment Management and Electra America, has $496 million of properties in contract process and closing and another $1 billion in the pipeline.

NAHB: Single-family homes help boost total residential construction spending in March
NAHB: Single-family homes help boost total residential construction spending in March

The NAHB attributed the monthly increase in its construction spending index to single-family construction and single-family improvements, both of which rose by 2% on a monthly basis. Multifamily construction, meanwhile, declined 0.3% after falling 0.9% in February.

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