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real estate news in houston

Nearly a third of Houston homes face bidding wars
Nearly a third of Houston homes face bidding wars

For the ninth month in a row, Redfin is reporting more than half the homes offered by their agents are facing competition at 56%.

What must you earn to afford a Houston home payment?
What must you earn to afford a Houston home payment?

The website, which notes that housing costs take up about one third of average spending for households, configured data by assessing the median home value and mortgage payment to show the minimum level of income necessary.

Houston rents jump in 2020, along with other major markets
Houston rents jump in 2020, along with other major markets

“In the final months of 2020, single-family rents posted the highest increases in over four years,” said Molly Boesel, principal economist at CoreLogic. “However, single-family rent price reaction to the pandemic and resulting recession differed greatly across metros.”

The 10 most expensive Houston homes sold in January
The 10 most expensive Houston homes sold in January

Nine Houston agents sold homes priced between $2,715,000 and $$6,995,000 last month, according to HAR.

Johnson Development plans ‘Best of the ‘Burbs’ tour
Johnson Development plans ‘Best of the ‘Burbs’ tour

In addition to touring model homes filled with the latest design trends, event goers can also pick up a scratch-off ticket for the chance to win $100,000. 

Houston home prices jump 11.4% in 2020
Houston home prices jump 11.4% in 2020

The report added that vacation homes and affordable homes in small towns near major urban centers were in strong demand as a result of the pandemic.

Bridgeland to welcome new elementary school in Prairieland Village
Bridgeland to welcome new elementary school in Prairieland Village

Top-rated Waller independent school district to open their first campus in Bridgeland.

Houston makes list of top 20 most affordable places to retire
Houston makes list of top 20 most affordable places to retire

What are the best U.S. cities for retirees? A new report from 55places.com names the top 20, and five of them are in Texas.

Here’s a snapshot of Houston’s market last week
Here’s a snapshot of Houston’s market last week

The Houston Association of Realtors offers a look at market activity last week.

Waiting to buy in Houston could mean higher mortgage payments
Waiting to buy in Houston could mean higher mortgage payments

We live in uncertain times and clients these days, perhaps more than ever, are asking themselves if now is the right time to buy. Fence-sitters beware, though, says a new study from Zillow, which notes that waiting could mean

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