Trends

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The top exterior renovation trends in Houston

Nationwide, homeowners are most likely to spend money on a fresh coat of paint to upgrade the exterior of their house. But can the same be said for Houston residents?

Can buying a home lead to love? A new Zillow survey says yes

Home might really be where the heart is. According to a new Zillow survey, 42% of recent homebuyers reported finding love after buying their new home.

Only 38% of Houston households could afford a median-priced home at the end of 2023

The median home price in Houston declined 0.4% to $336,000 during the fourth quarter, while the monthly mortgage payment rose to $2,460, up from $2,350 a year ago.

NAR: Home prices rise across the country in the fourth quarter of 2023

Single-family home sales prices increased in 189 out of 221 metro areas analyzed, with the median single-family price in the country rising 3.5% year over year to $391,700.

Luxury home prices hit all-time high; record number cash sales recorded

Redfin points to surge in prices, new luxury listings and a boost in sales as affluent homebuyers and sellers show increased activity.

These were the hottest Houston-area communities at the end of 2023

The most popular area was Fulshear/South Brookshire/Simonton, which saw a 103.6% increase in home sales year over year.

The most (and least) expensive Houston neighborhoods, by square foot

River Oaks ranked as the most expensive Houston neighborhood at $481 per square foot — but it wasn’t the only Houston neighborhood in the 610 Loop to make the list.

December pending home sales surge past expectations 

Pending home sales rose 8.3% month over month, the National Association of REALTORS® said, marking the largest monthly jump since 2020. 

The 10 most expensive new listings in Texas

Agents from Allie Beth Allman & Associates are responsible for three of the top 10 most expensive new listings in Dallas this past month.

December new-home sales jump 8%

Declining interest rates spurred the increase. 

Houzz says these kitchen trends will take off in 2024

Notably, renovators are less likely than they were a year ago to undergo kitchen modifications for the purpose of improving the home’s resale value.

NAR: Existing-home sales slid 1% in December but are expected to rise 

At the same time, the median sales price rose 4.4% to $382,600. 

Builder confidence jumps in January on falling mortgage rates 

The NAHB/Wells Fargo Housing Market Index (HMI) rose seven points to 44, its second monthly increase in a row. 

The 10 most expensive homes sold in greater Houston in December

The priciest Houston home sold in December was a nearly $12 million mansion in River Oaks Country Club Estates.

Is homeownership on the horizon for American millennials this year?

Nearly all millennials — 93% — say a volatile market is to blame for wrecking homebuying plans, with another 76% saying they expect the market to get worse before they’re able to make a purchase themselves.

CoreLogic: Houston home prices rose 1.3% in November 

CoreLogic expects prices to continue to grow through the year.

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