A 7,823-square-foot mansion in the Rice/Museum District tops the March ranking of the 10 most expensive homes sold in greater Houston.

While global uncertainty, namely surrounding the war in Iran, caused “volatility” in interest rates, affordability actually improved in Houston last month.

In Houston, renters spend a median 22.7% of their income on housing — anything less than 30% is considered affordable — allowing flexibility to save for a down payment.

Forty-one states tax millionaires as part of standard income taxes, although Washington is the sixth state to enact tax law specific to millionaires.

The 20-story tower includes 134 residences in two- and three-bedroom layouts with entry foyers, plank-oak flooring, walk-in closets, service kitchens, private balconies and smart-home technology.

All 10 of the priciest new listings in Texas are located in the Dallas area, including homes in Westlake, Southlake, Highland Park and Flower Mound.

Nationally, home sales in the 51 metro areas surveyed by REMAX declined 3.2% year over year and rose 11.1% month over month. 

Though the most lucrative week to list varies by city and region, spring is undoubtedly the smartest season to list.

Houston Habitat for Humanity launched a modular home pilot program with the groundbreaking of two homes in Houston’s Fifth Ward.

Regionally, pending sales rose in the Midwest, South and West, and declined in the Northeast on a month-over-month basis.

Agents from Martha Turner Sotheby’s International Realty were responsible for six transaction sides on February’s ranking of the 10 most expensive homes sold in greater Houston.

Pending sales increased 13% year over year, with 7,894 listings going under contract — signaling strong sales in the coming weeks.

In the Houston metro area, the median declined 0.2% year over year to $334,400. That meant a price-per-square foot of $162.86, down 1.1% from 2024.

Douglas Elliman Development Marketing is serving as the exclusive sales and marketing team for the project, with Mark Menendez serving as sales director.

Jeffrey Winans is serving as the lead sales agent.

Two homes listed by Compass agent Robert Bland top February’s ranking of the 10 most expensive new listings in Texas.