Inventory Intel
Sales have begun in Stewart Heights, the latest neighborhood from the Woodforest master-planned community in Montgomery.
The “First Lady of Modern Gospel,” Yolanda Adams, has listed her Houston mansion on the market for $2.875 million.
Nan and Company Properties has announced the listing of a luxury Tanglewood home, formerly owned by Houston Texans quarterback Matt Schaub.
Four Houston-area builders are offering homes in the first phase of construction on homesites ranging in size from one to two acres.
Ashton Woods Homes will celebrate the grand opening of its Waller community, Oakwood Estates, in a June 15 event with food and prize giveaways.
The Conroe master-planned community will host home tour weekends throughout June, inviting potential residents to experience the “sweet life.”
Sales in the 700-acre neighborhood first began in 2014, and now less than a dozen homes are still available on the market.
Pelican Builders celebrated the ribbon cutting at its Upper Kirby mid-rise condominium building, Westmore, on May 23.
The sellers are the DeMontrond family of DeMontrond Auto Group, which was first established in Houston in 1953.
The move comes despite a slowdown in the single-family rental market.
The brand will specialize in cottage-style homes with private backyards.
Most of the single-family homes are in Texas, Georgia, Alabama and Oklahoma.
The properties are part of a 42-community portfolio belonging to Philadelphia-based landlord Resource REIT Inc.
The first phase of the deal comprises 1,424 new single-family homes and townhouses in Tampa, Fla.; Atlanta and Athens, Ga.; and Pinehurst, N.C.
The increase was driven by a 21.6% month-over-month spike in the rate of new multifamily construction. Single-family housing starts, meanwhile, slid 2.8%.
Month over month, home sales were down 3.5%, and the median sale price declined 1.2% to $335,000.