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The 10 most-expensive homes sold in greater Houston in February

The most-expensive sale of the month was listed by Walter Bering of Martha Turner Sotheby’s International Realty.

Texas REALTORS®: After a volatile few years, the Texas housing market has stabilized

The Texas housing market may have finally calmed from the pandemic housing frenzy, according to the Texas REALTORS®’ 2022 Texas Real Estate Year in Review report.

MBA: Mortgage applications rise 7.4% despite increased rates 

The Mortgage Bankers Association noted the increase in borrowing activity came despite the 30-year fixed mortgage rate climbing to its highest level since November 2022. 

Positive spring homebuying season ahead, says HAR

We can compare today’s market activity to pre-pandemic numbers for a more accurate sense of what we can expect this spring homebuying season.

High mortgage rates make million-dollar homes less common

As rising mortgage rates cool the market, the share of U.S. homes worth at least $1 million has fallen from an all-time high last year.

Houston home-price growth among nation’s highest in new CoreLogic report

In January, home prices were up 5.5% annually and down 0.2% monthly, CoreLogic reported, citing its monthly Home Price Insights report. 

Report: Average home changes hands every 12 years

People staying in their homes longer is contributing to the lack of inventory that continues to impact buyers.

NAR: Pending-home sales jump in January 

The 8.1% month-over-month increase in the National Association of REALTORS® Pending Home Sales Index was the largest gain since June 2020. 

Houston among top metros for relocation

Houston is one of the most popular places to move to — or, at least the most popular places to think about moving to, according to a new analysis from Redfin.

New-home sales jump 7.2% in January 

The median sales price of a new home declined on both a monthly and yearly basis, however, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.        

The 10 most expensive new listings in Texas

Curious about luxury inventory in Texas? These homes are the most expensive new listings currently for sale in the Lone Star State.

Texas homes are staying on the market longer, but sales are still strong

Data suggests that the Texas real estate market is shifting towards buyer-friendly conditions.

NAR: Existing-home sales post 12th monthly decline in January, as prices rise again 

The 30-year fixed-rate mortgage averaged 6.32% as of Feb. 16, up from 6.12% a week before and 3.92% a year earlier. 

Average apartment size shrinks across the country but grows slightly in Houston

The average size of new apartments across the country has decreased by 30 square feet year over year, according to a new report from RentCafe.

While homebuying season may feel calmer, Zillow says expect competition

According to a new analysis from Zillow, there will still be competition for affordably-priced houses this homebuying season.

Mortgage applications decline after rate increase 

The pace of mortgage applications fell 7.7% in the week ended Feb. 10, the Mortgage Bankers Association reported. 

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