Trends

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Housing affordability hits 10-year low in Houston

Only 35% of Houston-area households could afford a median-priced home during the third quarter of the year. That’s the lowest housing affordability has been in Houston since 2012.

As Houston millennials fly the nest, Gen Z is staying put

In Houston, 47% of millennials moved out of their parental home in the past five years, with 19% still stuck at home.

The Houston listing agents selling the most luxury homes

The agent with the most $1 million-plus listings was Laura Sweeney of COMPASS RE Texas, who accomplished a sales volume of over $71.8 million across 19 transactions.

Many of the hottest Houston neighborhoods are in the suburbs

Home sales are heating up in several key Houston neighborhoods, according to HAR’s report of the Hottest Communities in the Houston Area.

The 10 most expensive new listings in Texas

Agents from Moreland Properties are responsible for the most expensive and second-most expensive new listings in the state of Texas.

Houston hasn’t quite recovered from the pandemic

Houston still has a ways to go in recovering from the Covid-19 pandemic, according to a report from the University of Toronto.

New-home sales jump in September despite interest rates 

The median price of a new home sold during the month fell to $418,800 from $433,100 in August, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported. 

Short supply helps drive existing-home sales to 13-year low 

The median existing-home price for all housing types in September was $394,300, up 2.8% from $383,500 in September 2022.   

Housing starts rebound in September after August dip 

Specifically, single-family homes were built at a seasonally adjusted annual rate of 963,000, up 3.2% from 933,000 in August and up 8.6% from 887,000 a year earlier, according to government figures. 

The hottest home trends of 2024 — according to Zillow

Brutalist style and sensory gardens may seem at odds — but they are both hot home design trends that will rule 2024. At least, according to new predictions from Zillow.

The 10 most expensive homes sold in greater Houston in September

COMPASS agent Laura Sweeney tops the list of the most expensive Houston home sales yet again, this time representing both the buyer and the seller on a $14.5 million transaction in River Oaks.

MBA: Mortgage apps rise on increase in ARM activity 

A 15% rise in applications for adjustable-rate mortgages drove overall mortgage applications higher in the most recent weekly survey. 

Wages are rising faster than prices in Harris County

Housing affordability has worsened in many parts of the country as wages fail to grow at the same pace as home prices — but Harris County is one area where wage increases are outpacing price increases.

The 10 most expensive new listings in Texas

Here are the priciest new listings for sale in The Lone Star State, all posted to the Multiple Listing Service within the past 30 days.

The most expensive home for sale in Texas

Point2Homes analyzed listings in every U.S. state and Washington, D.C. to determine the most expensive home for sale in each.

NAR: Pending-home sales fall 7.1% on high interest rates 

Regionally, pending sales were down across the board on both a monthly and an annual basis, the National Association of REALTORS® said. 

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