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Greater Houston’s Top Closings in September 2015

Click on the tabs below to see the top single-family, condo and multi-family closings in Greater Houston’s housing market in September Single Family Condo Multi-Family Single Family Sales Price Property Agent Office $4,300,000 Tilbury Drive, 5578, Houston Erik Heyne Martha Turner

Sugar Land Gets “Biggest Announcement” In Its History

During a recent city council meeting in Sugar Land, the city approved a tax abatement and performance agreement allowing Schlumberger, the world’s largest supplier of technology, integrated project management and information solutions to customers in the oil and gas

Houston Among Top 10 Luxury Housing Markets in U.S.

Houston is the No. 8 luxury housing market in the country for homes $1 million and up, according to the new Coldwell Banker Previews International Luxury Market Report. The report analyzed which U.S. cities had the highest number of luxury

Does Houston’s Cooling Rental Market Spell Good Things for Homeownership?

The rental market in Houston has been red-hot for some time now, but is it finally tapering off? And what would that mean for homeownership? The average rent in Chicago’s housing market is $886, and the area’s rental growth is among

CoreLogic: Houston Prices Surge Past National Pace in August

Sales continued their strong march forward in August, as CoreLogic reported both year-over-year and month-to-month increases. While the extent of home price gains varied often and sometimes greatly from metro to metro in August, the national direction has remained

Nation’s Energy Hub Not Very Energy Efficient

Texas, the state often described as the country’s energy hub, is not as energy efficient as might be expected, according to a recent report. Already, high standards are helping shave home expenditures for families. According to the Environmental Protection

Luxury apartment project planned for Fulshear

Judwin Properties Inc. is in the beginning stages of constructing Fulshear’s first luxury apartment complex. The Houston-based developer plans to build ParkLane Fulshear along the Fulshear Parkway near FM 1463. The Class A apartments will sit on 21 acres and

Houston’s Prop 1 Promises to Punish Housing Discrimination

Houston voters will have the option to vote on the fate of the Houston Equal Rights Ordinance (HERO) during the upcoming Nov. 3 election. HERO, which was enacted last year after an 11-6 vote in the Houston City Council,

Houston University Calls City “Unaffordable”

The list of institutions and experts labeling Houston homes as unaffordable and unsustainable is growing. According to Rice University’s fifth annual sustainability report, the city has crossed the threshold into unaffordable. In recent months, we have published several reports

CoreLogic: Houston Cash Sales Near “Normal” 

CoreLogic released June cash sales data this week, which showed that cash continues to trickle out of the market. Nationally, cash sales made up 31.3 percent of total home sales in June, down from 33.9 percent the same time

Texas Home Prices Post Strong Gains

Did the latest Case-Shiller present more of the same for housing? Home prices in the Dallas area were up 1.2 percent from June to July and 8.7 percent from July 2014, according to the latest Case-Shiller Home Price Index from Standard & Poor’s. The

New Home Prices Surge, Building Stalls and the Resale Market Benefits

Houston’s inventory is low, which is helping to keep prices surging while sales stagnate. The obvious remedy to rebalance the market would be an injection of new homes. But as a recent report from Metrostudy Corp. explained, growing construction costs

Houston Broker Associate Named 2016 TAR Chairman-elect

Yesterday, Sept. 23, the Texas Association of Realtors, the state’s largest professional association, announced the installation of its 2016 officers, including one Houston native. Vicki Fullerton, a broker associate with RE/MAX The Woodlands & Spring, was chosen as TAR’s

Texas has the Eight Most Unfair Tax System in the U.S.

Texas has the eight least fair tax system in the country. That was one of the findings in WalletHub’s application of a nationally representative survey to rank which states had the most and least fair tax systems. The survey reflected what

Houston Ranks No. 5 in Recovered Cities Post Recession

WalletHub has ranked the 150 largest U.S. cities that have made the most economic progress since the recession. Houston has been ranked No. 5 in the report of  cities that have made significant progress. Here is the full list of

ACS: Houston counties among fastest-growing in U.S.

According to the U.S. Census Bureau, Fort Bend County added 32,980 residents in 2014, more than any other county in the U.S. Fort Bend and Montgomery counties are also in the top 10 nationwide when ranked by percentage growth.

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