Many Houston homes with multi-million dollar pricetags were sold during May.

The larger-than-expected increase comes as homebuilder sentiment rose for the sixth month in a row. 

The year 2021 set a record-high for California to Texas moves, with approximately 110,900 people relocating from The Golden State.

You don’t have to move to Manhattan to live in a walkable city — many neighborhoods right here in Houston are extremely pedestrian friendly.

Houston is one of the metros with the most build-to-rent homes on the market, ranking third nationwide for the highest number of build-to-rent single family rentals currently under construction and fourth for the amount completed within the past five years.

The Dallas-Fort Worth suburb of Southlake ranked at No. 1 on StorageCafe’s list, scoring particularly well in local business environment.

A second consecutive month of increases in the S&P CoreLogic Case-Shiller U.S. National Home Price Index could indicate a reversal of the negative trend that began last year. 

Lots of luxury homes have sold in the Lone Star State in the past month — the most expensive being a 16-bedroom mansion in the Crespi Estates subdivision in Dallas.

Despite solid demand, a dearth of homes for sale kept transaction numbers muted in the association’s most recent report on pending sales. 

A shortage of existing inventory continues to drive buyers to new construction. 

First-time homebuyers made up less than a quarter of all buyers during the time period from July 2021 to June 2022. That’s down from 32% a year ago 39% a decade ago.

Multiple-offer situations have returned with the spring buying season while distressed and forced sales are “virtually nonexistent,” the National Association of REALTORS® said.

Single-family permits also posted a gain, indicating even more new homes are headed to today’s supply-constrained housing market. 

Homebuilder optimism was buoyed by continued shortages of new housing inventory, the National Association of Home Builders reported. 

Check out the most expensive luxury homes sold last month, as well as the agents who helped their clients sell (or find their dream home).

Homebuyers in their 40s and younger are still planning to buy homes, even though most believe the market favors homesellers.