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Sims Luxury Builders is currently building a new lakefront townhouse community in Sugar Land. The developer will be constructing nine luxury townhouses on a one-acre plot in the Lake Pointe neighborhood within First Colony (a community southwest of Houston).
Houston was an anomaly in the wake of the financial crisis, as the city’s surging economy kept the housing market strong. However, according to Zillow that may no longer be the case. “Houston is starting to become not as affordable for
Since last year, more than one million homes have found their way out of negative equity, a report from CoreLogic revealed. Since the second quarter of 2014, when 5.4 million homes, or 10.9 percent of all residential mortgages, were underwater, strong
Houston hit by expensive commute and utilities Houston was ranked as the city with the fourth most expensive commuting and utility costs, according to a Trulia study released today. The study found that 50.1 percent of the median monthly middle-class income in
RE/MAX Woodlands & Spring has welcomed Helena Jaramillo to its team. Jaramillo previously worked in hospitality and prides herself in her ability to take care of her customers’ needs. “I have always worked in a customer service-heavy industry,” Jaramillo said. “I know if
During the 2005 to 2007 bubble years, the gap between home prices and the long-run sustainable values in the U.S.’ largest 100 markets was approximately 10 percent, meaning that housing was 10 percent overvalued to its fundamentals. When the market
Realtor Brenna Dominguez has joined the RE/MAX team as a sales associate. She will be working at The Woodlands & Spring location. A grade school teacher for over a decade, Dominguez stated that experience cultivates her passion to help
Heritage Texas Properties has named Chaille Ralph as its new president. Ralph was also last year’s chair of the Houston Association of Realtors. Robin Mueck, who previously held the title of president and CEO, has been promoted to chairwoman. Mueck also
Click on the tabs below to see the top single-family, condo and multi-family closings in Greater Houston’s housing market in August Single Family Condo Multi-Family Single Family Sales Price Property Agent Office $7,140,000 River Oaks Blvd, 2406, Houston Marlene Rhoden Martha
Houston sales fizzled in August after months of growth, but price appreciation remained hot, the Houston Association of Realtors reported. In terms of total single-family units, sales climbed by only 49 from the same time last year, an increase
Last year, Aspen and Denver-based landscape architectural firm Design Workshop opened a temporary office in the Houston Technology Center to handle its quickly growing local client base. As a reflection of demand and the firm’s success in the city,
Foreclosures continued losing market share in July, as inventory declined 27.9 percent from the same time last year, with completed foreclosures dropping 24.4 percent, according to CoreLogic’s latest report. Foreclosure inventory represented 1.2 percent of all mortgaged homes in
Around the nation, the risk of natural disasters varies depending on a number of factors, including geographical makeup and location. In its 2015 U.S. Natural Disaster Housing Risk Report, RealtyTrac found that 35.8 million single-family homes and condos, or
Home prices were up again in July, according to a new report from CoreLogic. Year-over-year, home prices, including distressed sales, jumped 6.9 percent nationwide, while excluding distressed prices increased 6.7 percent. The price increases reflect an overall strengthening of
Commuters waste dozens of hours and thousands of dollars due to Houston’s traffic problems Houston is home to many things: lovely bayous; a rich, vibrant economy; and, according to new research, some of the worst, most expensive traffic in the U.S.
Realtor Joe Horman has joined RE/MAX The Woodlands & Spring’s Louise Beard & Associates as a sales associate. As a sales associate, Horman said he focuses on putting his clients first. “I am completely dedicated to my clients and their needs,”