Trends

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Homeowners are willing to spend big money for these bathroom trends

Among the top upgrades: large showers.

NAR: Existing-home price rises again as sales continue to slide 

Total housing inventory at the end of August was 1.11 million units, up 3.7% from July but down 14.6% on a year-over-year basis, the National Association of REALTORS® said. 

The 10 most expensive homes sold in greater Houston in August

The most expensive Houston home sales last month ranged from a $12.5 million mansion in River Oaks to a $3.4 million property known as “The House of Many Palms.”

Bellaire ranked among family-friendliest U.S. cities

The Houston-area city of Bellaire is one of the most family-friendly cities in the U.S., according to Opendoor’s second-annual ranking.

The best week to buy a home this year: Oct. 1-7

Sidelined homebuyers can breathe a sigh of relief. According to Realtor.com, the best week of the year to buy a home is still ahead of us.

New homes are trending smaller

The median area for a new single-family home fell to 2,191 square feet in the second quarter — the lowest recorded size since 2010.

CoreLogic: Home-price growth picks up speed in July 

CoreLogic expects prices to continue to grow through next year, albeit at a more traditional pace than in the height of the pandemic. 

High housing costs dampen homebuyer demand

Those looking to buy a house will be paying a premium as inventory continues to be an issue.

One in five millennials think they’ll never own a home

Eighteen percent of millennials — approximately one in five — believe they will never become a homeowner, according to a recent survey from Redfin.

Three of the fastest-growing college towns are in Texas

BrokeScholar examined population growth in 150 U.S. “college towns” — defined as cities with at least one major public or private university.

The 10 most expensive new listings in Texas

Luxury homes in the Dallas-Fort Worth area make up a majority of the priciest new listings from the past month.

NAR: Pending-home sales post second monthly increase in a row 

Pending transactions were in negative territory for most of this year, so the recent increases could bode well for future activity. 

Case-Shiller: Home-price index just 0.02% off 2022 peak

A fifth consecutive month of increases in the S&P CoreLogic Case-Shiller U.S. National Home Price Index suggests the housing market recovery that began earlier this year is likely to continue. 

‘Collapse’ of housing inventory drives price rebound 

Two weeks after housing inventory turned negative, home prices posted a healthy increase, MarketNsight said. 

Half of all buyers are first-timers in 2023

First-timers made up 45% of buyers in 2022 and 37% in 2021.

Over 90,000 apartments in Houston’s construction pipeline

Over 90,000 apartments could join the Houston housing market, according to the Q2 2023 Construction Pipeline report from Berkadia.

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