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Houston Construction Promises More Than Just Growth

Houston has struggled with depleted inventories and strong demand, but a new survey finds the city may be ready to leave that problem behind. Houston real estate professionals will be happy to learn that third quarter residential building is

Natalie Mitchell Joins BHGRE Gary Greene’s Lake Houston Office

Better Homes and Gardens Real Estate (BHGRE) Gary Greene’s recently welcomed Realtor Natalie Mitchell to its Lake Houston office. “I’m pleased to welcome Natalie Mitchell to our Gary Greene Lake Houston office,” said Lisa Dempsey, manager of the BHGRE

Negative Equity in Houston Plummets by 76.3%

The negative equity situation in Houston has improved dramatically, according to new research by Zillow. Here is some encouraging news for you to end the week with – here in the Houston area, the share of mortgage properties in negative equity

Census Says Houston is No. 1 Construction Market in U.S.

Census Bureau names Houston as nation’s top construction market. Creative Commons: iodine127, http://commons.wikimedia.org/wiki/File:P1070694.JPG It’s been a roller coaster of a year for the national housing market, but one area that’s been on track since the beginning is Houston, which

Mortgages in Houston Twice as Affordable as Rents in 2014

Everyone knows that mortgages and rents have ran in opposing directions, but the numbers are still jaw-dropping. For some time, we’ve been hearing two independent narratives in housing: one, that mortgage rates and payments were at an all-time low;

Harris/Brazoria Counties Less Affordable Than Historic Averages

A new round of analysis suggests that housing affordability continues to fall by the wayside in the Hoston area. There have been some indicators that the housing affordability situation here in Houston is slipping somewhat, and a new study has provided perhaps

Cash Sales in Texas Remain Below National Average

New cash sales report says more of the same – we’re staying consistent. In September, cash sales increased slightly despite the autumnal slump, but remain at relatively low levels, according to a new report from CoreLogic. In recent months,

Could Soaring Asking Prices in Houston’s Market Pose a Problem?

What’s the deal with asking prices in our metro area? Asking prices in the Houston area remained positive in November, and they seem to be showing no signs of slowing down, according to the newly released Price Monitor from Trulia. Per Trulia’s

Houston Proves It’s Better Than National Average

Foreclosures are being completed at dramatic rates…and why that might not be so good. The newest foreclosure report from CoreLogic highlights the nation’s continued efforts to push through new and long pending foreclosures, but the robust pace of completion

Houston One of Top 10 Luxury Markets in the Nation

New data shows that the city of Houston is one of the most active luxury housing markets in the entire U.S. The city of Houston is the No. 6 luxury housing market in the U.S. in terms of sales, according to

Houston’s Low Inventory Gets a Leg Up from Increased Construction Spending

Construction spending rises and falls throughout the country, helping and hindering markets struggling to refill dwindling inventories. Construction spending was up this past October, according to recently released figures from the U.S. Census Bureau. The increases, which amount to

Johnson Development Corp Debuts Big Adventure Park in Riverstone

What began with simple concrete swimming pools in the first master-planned communities of Houston has turned into an amenities arm race amongst developers looking to attract new residence. Today, communities are expected to feature on-site cafes, stocked fishing ponds,

How Qualifying Incomes Are Quite Reasonable in Houston

At the end of the day, how much income do consumers need to qualify for certain mortgages in our housing market? In our most recent analysis of housing affordability, we looked at what percentage of our housing market’s inventory

CoreLogic Report: What Price Appreciation Says About Our National Economy

Stable, moderate price appreciation may tell a much larger economic story.   Though the pace of home sales has slowed throughout much of the nation, year-over-year price gains remain healthy, increasing in October yet again, making 32 months of

What Obama’s Immigration Action Means for Houston Construction

Obama’s immigration actions have sparked heated rebuttals from both sides of the aisle, but in Houston, it’s all about business. On November 20, millions of Americans tuned in to watch President Obama’s address regarding his recent Immigration Accountability Executive

Sitterle Homes Begins Sales of Roesner Woods Homesite in Katy

Sitterle Homes has opened a 17-homesite enclave, Roesner Woods, at Roesner Road and Saddlehorn in Katy. Each property, roughly a third of an acre in size and individually gated, is priced from the $600,000s. The homes offer six designs,

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