Trends

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These Houston neighborhoods have the highest — and lowest — property fees

In Houston, the Astrodome area is the most expensive: residents pay 46.88% of their yearly home payments in extra property fees.

New-home sales decline in April 

At the same time, the median price of a new home sold in April declined as well. 

Housing starts rebound in April after March slump 

New-home construction jumped 5.7% month over month after a soft March, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

Hotels overtake offices in residential conversions

According to a new report from RentCafe, hotels have overtaken offices as the most likely spaces to be converted into new apartments.

Interest rates still present an affordability hurdle for Houston buyers

Only 40% of households in the Houston area could afford a median-priced home in the first quarter.

The 10 most expensive homes sold in greater Houston in April

The priciest home sold in greater Houston last month is a 7,258-square-foot new build in the Southside area.

Four Houston-area cities have the most move-ins in Texas

So far this year, Texas’s in-to-out move ratio is up 17% year over year, meaning far more new residents are moving in than moving out of the Lone Star State.

HAR: Sales surge in Houston’s hottest communities

The area of Porter/New Caney West, located about 30 miles northeast of downtown Houston, saw the largest year-over-year increase in home sales in the first quarter.

The 10 most expensive new listings in Texas

A majority of the most expensive new listings in Texas are located in the Dallas area.

The 10 most expensive homes sold in greater Houston in March

A $20 million estate spanning over 17,000 square feet in the River Oaks area was the most expensive home sold in greater Houston last month.

The vast majority of Texas buyers use agents for their real estate transactions

Over 70% of Texas homebuyers who used a real estate agent last year said they’d do so again in the future.

The 10 most expensive new listings in Texas

A lakefront Austin property with a luxurious lap pool tops the most expensive new listings in Texas.

Renovation spending has jumped 60% since 2020

In 2020, median renovation spending was $15,000. That amount increased by 60% in three years, with the median home renovation costing $24,000 in 2023.

This is the ‘dream living room’ — to Texans

Furniture retailer Joybird surveyed over 2,500 Americans and asked them to describe their dream living room.

The best week to sell this year: April 14 – 20

Prospective sellers should prepare to jump on the market — the week of April 14 through 20 will be the best time to sell this year.

NAR: Existing-home sales post biggest gain in a year 

Sales rose 9.5% from January to a seasonally adjusted annual rate of 4.38 million.

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