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What Today’s Houston Luxury Buyers Want

In recent months, home sales in Houston have lagged, pulled down by the anchor of low oil prices. But in January, at least one sector saw growth: the luxury market. Brought on by labor shortages, rising building costs and increasingly

How Long Until Houston Homebuyers Break Even on Their Purchase?

Homebuyers in Houston break even on their homes sooner than expected It takes just a year and a half for homebuying to make more financial sense than renting in Houston’s housing market, according to a recent analysis from Zillow. The “Breakeven

Greater Houston’s Top Closings in Jan. 2016

Click on the tabs below to see the top single-family, condo and multifamily closings in Greater Houston’s housing market in January. Single Family Condo Multifamily Single Family Sales Price Address Agent Brokerage $7,000,000 15 Grand Regency Cir, The Woodlands Beth

Houston’s Housing Market Bounces Back in January

Has Houston’s housing market regrouped for 2016? After a weak December, Houston’s housing market regrouped somewhat in January, with home sales and prices remaining consistent with where they were a year ago. According to the latest report from the Houston

Houston Ranked as One of the Nation’s Best Cities for Families

According to a new study by ValuePenguin.com, Houston is one of the best cities for young families, coming in at the No. 2 on the list behind Austin. Some of the factors that went into the rankings were the quality

Houston Ranked a Top Metro Area for New Construction

According to a Dodge Data & Analytics report, Houston was ranked as one of the top metro areas for new commercial and multifamily construction in 2015, with a total dollar amount of $4 billion. Houston was ranked behind the Dallas-Ft. Worth

Houston Agents Gather to Learn Survival Skills in Life Threatening Situations

Keller Williams Memorial Realty hosted a presentation to help its agents understand how to stay out of situations that may risk their personal safety, and what to do if they feel threatened. After the 2014 murder of Arkansas Realtor Beverly

CoreLogic: Houston Buyers Aren’t Using Cash

Real estate markets across the country continued hemorrhaging cash last October, a new report from CoreLogic confirmed, with the share of total sales falling 2.6 percentage points year-over-year. However, as is typical of the season, the amount of cash

Oil in 2017: Could Be $20 Per Barrel, Could Be $100

The price of oil is still very low. In January, it hit a 12-year low, and now Brent crude sits at $34.39 a barrel while West Texas Intermediate is at $31.44. The forecasts for oil prices are dim, as

CoreLogic: Houston Homes Gain Equity During Price Slowdown

Home prices continued their steady climb rounding out 2015, rising both year over year and month over month, according to CoreLogic. Across the nation, home price appreciation averaged a 6.3 percent increase from Dec. 2014 to Dec. 2015 –

Redfin Names Houston’s Hottest Neighborhoods

Norhill is Houston’s hottest neighborhood, determined a new report from Redfin. With a median sale price of nearly $500,000, Norhill is fairly expensive compared to the rest of Houston – which had a median sale price of only $212,000

Despite Slowdown, Developers are Still Pumping Billions into Houston’s Housing Market

New analysis from Dodge Data & Analytics paints an encouraging picture for Houston’s new construction marketplace The Houston housing market capped off a strong year of residential investment, according to the latest numbers from Dodge Data & Analytics. Per Dodge Data’s

Johnson Development Corp. Reveals Details About Planned Richmond Community

Johnson Development Corp. revealed the name and details about their new Houston master-planned community. Veranda, located on 590 acres near the intersection of Williams Way Boulevard and U.S. Highway 59, will feature 2,500 homes with expansive porches. General manager

Houston’s Top High Schools with the Best Teachers

Homebuyers want to live in a nice neighborhood, and when homebuyers have a child, “nice neighborhood” translates to “wherever the good schools are.” Thanks to Niche, providing that information to clients is now easier than ever for agents. In

Texas Price Growth Points to Opportunity

The latest Case-Shiller Indices offered numerable insights into the nation’s housing market Home price growth continues in the Texas housing market, according to the latest Case-Shiller Home Price Indices from Standard & Poor’s. Although the Case-Shiller does not, amazingly, track

Down Payments are Rising in Texas – What Does that Mean for the Market?

Home prices have been on a tear for the past couple years, and new homebuyers trying to enter the market have noticed it becoming pricier to not just buy a house, but even put a down payment on a

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