“MBA expects solid growth in purchase activity this year, as demographic drivers and the strong economy support housing demand,. However, the strength in growth will be dependent on housing inventory growing more rapidly to meet demand.” — Mortgage Bankers Association associate vice president of economic and industry forecasting Joel Kan

The Houston area set annual records for single-family home sales, average sale price, and total sales dollar volume in 2021.

The Houston area’s 10 most expensive home sales of 2021 were listed at more than $7 million up to nearly $11 million on the high end, according to a news release from the Houston Association of REALTORS.

United Real Estate has merged with Texas United Realty to create one of the largest independently owned brokerages in Houston, a press release announced Monday.

Larry Johnson founded Johnson Development Corp. in 1975 and built it into one of Texas’ most successful real estate companies. He anticipated Houston’s growth into one of the country’s largest cities and the ensuing demand for housing, helping him build his business legacy. 

The Houston area is home to 10 of the top-selling master-planned communities in the nation, according to a year-end report by RCLCO Real Estate Consulting.

With most consumers still in holiday mode during the final week of 2021, new Houston listings fell short of last year’s numbers for a second consecutive week.

The low number of active single-family home listings in December was yet another reflection of the record-setting pace of home-buying in Houston leading up to the holidays.

Houston’s new and active single-family home listings in December fell behind 2020 levels while average listing prices reached a record high, according to a new report by the Houston Association of REALTORS® (HAR). 

Coventry Homes recently launched sales of new homes in Dunham Pointe, a master-planned community in Cypress. The builder is offering designs for 50- and 70-foot sites, according to a press release.